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Contributions

Below is a list of economic contributions that we have made to the State as is established by Ecuadorian law and in strict compliance of legal regulations.

To December 2008


Contractual

USD $404.0 million Sum paid to the State for crude production share (5,148,030 barrels)
USD $ 512.1 million Value paid to State in royalties for share in crude price increases

Taxes

USD $69.6 million Income tax generated in 2008
USD $14.7 million Tax generated for ECORAE according to law 10
USD $ 1.1 million Municipal taxes paid to Cuyabeno, Lago Agrio and Francisco de Orellana (Coca).

 

USD 1,001.5 million

 

Total paid to Ecuadorian State for taxes and State Participation