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Investor Presentaiton

February 2022 2021 state budget execution UAH m Jan-Dec 2020 Jan-Dec 2021 % diff. FY 2021 (Plan as of Dec 2021) % execution Revenues 1,076,017 1,296,853 +21% 1,281,143 101% Tax revenues, incl. 851,116 1,107,091 +30% 1,069,790 103% Personal income tax and income charge 117,281 137,555 +17% 137,580 100% Corporate profit tax 108,695 147,752 +36% 145,976 101% Fee for the use of mineral resources 52,476 80,749 +54% 73,237 110% Excises 138,296 162,451 +17% 149,646 109% VAT (net of VAT reimbursement) 400,600 536,489 +34% 524,860 102% Export and Import duties 30,461 38,177 +25% 34,793 110% Other taxes and duties 3,307 3,917 +18% 3,697 106% Non-tax revenues 224,901 189,762 (16%) 211,353 90% Expenditures (1,288,017) (1,490,259) +16% (1,544,156) 97% General public functions, incl.: (163,849) (206,643) +26% (216,150) 96% Debt service (119,719) (155,652) +30% (158,836) 98% Security and Defense (278,047) (301,937) +9% (308,263) 98% Economic activity (168,889) (180,990) +7% (191,485) 95% Protection of environment (6,637) (8,200) +24% (9,372) 87% Municipal utilities and services (89) (164) +85% (365) 45% Healthcare (124,925) (170,505) +36% (175,948) 97% Intellectual and physical development (9,826) (15,970) +63% (17,897) 89% Education (52,857) (63,837) +21% (70,428) 91% Social welfare (322,720) (339,279) +5% (341,038) 99% Interbudgetary transfers (160,177) (202,733) +27% (213,210) 95% Net lending (5,096) (4,531) (11%) (10,118) 45% Primary state budget balance (97,377) (42,286) (57%) (114,295) +37% Overall state budget balance (217,096) (197,937) (9%) (273,131) 72% BA 17
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