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Investor Presentaiton

September 2021 Jan-Jul 2021 state budget execution UAH m Revenues Jan-Jul 2020 Jan-Jul 2021 % diff. FY 2021 (Law as of Jul) % execution 588,456 681,005 +16% 1,097,547 62% Tax revenues, incl. 422,096 561,152 +33% 949,457 59% Personal income tax and income charge 63,863 75,421 +18% 137,580 55% Corporate profit tax 55,038 69,238 +26% 111,836 62% Fee for the use of mineral resources 15,467 29,462 +90% 41,585 71% Excises 72,416 86,017 +19% 137,546 63% VAT (net of VAT reimbursement) 198,238 278,240 +40% 483,278 58% Export and Import duties 15,332 20,673 +35% 33,934 61% Other taxes and duties 1,741 2,101 +21% 3,697 57% Non-tax revenues 166,361 119,853 (28%) 148,090 81% Expenditures (636,467) (732,441) +15% (1,335,163) 55% General public functions, incl.: (90,792) (104,310) +15% (218,685) 48% Debt service (68,248) (79,018) +16% (159,836) 49% Security and Defense (137,492) (148,484) +8% (285,301) 52% Economic activity (47,917) (62,290) +30% (96,319) 65% Protection of environment (2,262) (2,469) +9% (8,641) 29% Healthcare (42,273) (86,542) +105% (164,330) 53% Intellectual and physical development (4,196) (6,502) +55% (19,444) 33% Education (29,192) (35,587) +22% (64,281) 55% Social welfare (188,386) (191,888) +2% (313,473) 61% Interbudgetary transfers (93,946) (94,356) +0% (164,323) 57% Net lending (3,184) (2,000) (37%) (9,228) 22% Primary state budget balance 17,052 25,582 +50% (87,008) Overall state budget balance (51,195) (53,436) +4% (246,844) 22% BA 16
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