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June 04, 2023
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VP Jagdeo unsure if ExxonMobil is recovering 2% royalty in expenses ESSO EXPLORATION AND PRODUCTION GUYANA LIMITED (GUYANA BRANCH) STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2022 Notes
Revenue
5
YEAR 2022 GY$
YEAR 2021 GY$
876,819,171,185
254,117,760,666
8,744,062,803 39,743,726,746 132,737,524,976 18,732,507,299 21,940,792,7 18 (1,065, 142,493) 18,892,021,213
26,239,233,440 26,223,400,806 38,775,872,942 17,793, 186,458 6,603,42 1,392 600,750,437 5,815,116,619
Total operating expenditures
239,725,493.262
122.050,982,094
Operating profit before taxation
637,093,677,9923
132,066,778,572
Citizen files Court action against conflict of interest on Environmental Board
Expenditures Exploration costs Production costs Depreciation and amortization Administrative expenses Lease interest Changes in inventories of finished goods Royalty
Income tax expense Total comprehensive income for the year
6
7
59,381,186,433 577,712,49 1,490
132,066,778,572
The financial statement submitted by ExxonMobil in which the 2% royalty Guyana receives is listed as an expense.
PNC says:
Glenn Lall exposes Jagdeo's 'sinister whirlwind' of doublespeak ...says VP cannot be trusted, should be removed from office
Elderly man burnt to death in house fire
‘If elected, we will ask Exxon within 50 days for more royalty, ring-fencing’