Overview of VINCI Group's Payments to Public Authorities
In this detailed report, we discuss the payments made by VINCI Group subsidiaries to public authorities during the fiscal year 2024. This report aligns with the requirements of the French Commercial Code, ensuring transparency regarding financial contributions from the group involved in extractive activities.
Purpose of the Report
The primary aim of this report is to outline the payments made, exceeding €100,000, to public authorities across various sites and countries where VINCI operates. It provides insights into the financial obligations of the subsidiaries in relation to their extractive operations.
Legal Framework for Payment Disclosure
According to legal standards, this report documents individual payments or consolidated payments related to operations within specific territories. If a subsidiary has not made any qualifying payments, or if such payments fall below the threshold, they are not included herein.
Types of Contributions Included
The contributions detailed in this report include corporate income taxes and specific payments related to the income of project companies. It is important to note that this report does not encompass taxes associated with consumption or sales, such as value-added taxes.
Understanding Royalties and Rents
Royalties and rents signify payments made for the rights to exploit valuable resources, including quarries or hydrocarbon deposits. These are a key aspect of VINCI's financial contributions and legal responsibilities.
Summary of Payments in Fiscal Year 2024
For the fiscal year 2024, VINCI Group subsidiaries have outlined their financial contributions to public authorities, highlighting their commitment to transparency in extractive activity reporting.
Governance and Approval
This report received the green light from the VINCI Board of Directors, underscoring the group's commitment to meeting their legal obligations and fostering good governance practices.
Message from the Chief Executive Officer
Pierre Anjolras, Chief Executive Officer of VINCI Group, emphasizes the dedication to responsible corporate practices and compliance with financial reporting regulations throughout the group's operations.
Frequently Asked Questions
What is the main focus of the report?
The report details the payments made by VINCI Group subsidiaries to public authorities during the fiscal year 2024 for extractive activities.
What types of payments are included in the report?
Payments documented include corporate income taxes, royalties, and amounts exceeding €100,000 to public authorities.
Who approved the report?
The report was approved by the VINCI Board of Directors, ensuring compliance with legal requirements.
Are smaller payments included in this report?
No, only payments of €100,000 or more are reported. Smaller payments are excluded.
How can I access the full report?
The full report is available for review, providing comprehensive details of all declared payments.
