In 2012 JSC Kubanenergosbyt contributed more than RUB 800 million in taxes of all types

TNS energo Group of Companies Source: JSC Kubanenergosbyt Press Service 01 april 2013
JSC Kubanskaya sbytovaya is one of the largest taxpayers in the region, regularly contributing to federal, territorial and municipal budgets. Thus, in 2012 the total taxes paid by JSC Kuban Power Sales to the budgets at all levels amounted to RUB 876.5 million of which RUB 508.3 million were paid to the federal budget and RUB 232.4 million to the consolidated budget of the Krasnodar Region.
The timely payment, in full, of its tax obligations is one of the priorities of the company. This, as part of a modern business approach promotes successful implementation of the economic and social programmes in the Krasnodar Region, which are aimed at improving welfare and quality of life and helping to develop education and culture. In order to support attaining these goals Kubanskaya Energosbytovaya transferred approximately RUB 135.8 million to non-budgetary funds (Pension Fund and the Social and Medical Insurance Fund) in 2012.
According to Vitaly Rozhkov, the Managing Director of the company, timely payment of taxes is the only possible policy for a company which has the responsibility for guaranteeing power supplies in the region and which carries out its activities by adhering to socially responsible business principles.