Second National Reconcilation Study EITI Peru - unofficial…

Consultancy for the Second National Reconciliation Study of the Extractive Industries Transparency Initiative (EITI) in Peru
(2008 – 2010) (Continuation)
General Reconciliation Table
Below we provide a table showing the reconciliation of received royalties and royalties distributed by Perupetro:
Company Currency Lot
Consultancy for the EITI Peru Multi-Sector Permanent Working Committee
Royalty according to
Perupetro distribtion
Royalty according to
Revenue
Reconciliation
Differences (i) %
Interoil Perú S.A. US$ III 107,383,391 107,383,303 88 0.000%
Interoil Perú S.A. US$ IV 51,903,529 51,903,519 10 0.000%
Olympic Perú INC, Peru Division US$ XIII 73,791,652 73,791,496 156 0.000%
Petrobras Energía Perú S.A. US$ X 416,378,318 416,386,053 (7,735) (0.002%)
Total aggregate companies (v) US$ 651,436,787 651,443,979 (7,192) (0.001%)
Total 1,300,893,677 1,300,908,350 (14,673) (0.001%)
Additionally, the distribution made by Perupetro in connection with the royalties received by item is shown in below table. It is worth mentioning that the distribution by items in not
exclusively linked to determined rates on received royalties , but to independent calculations based on the royalty funds (as in the case of the canon). Monitoring expenses pertain to
the amounts invoiced by the service provider. The share of public entities represenst a percentage of the total royalty amount. The amount delivered to the Public Treasury results
from the remainder of the royalty collected minus the aforementioned items.
Company Lot
Monitoring
expenses US$ (ii)
Canon US$
Share (US$) (iii)
Perupetro MEM OSINERG
Public Treasury
(US$) (iv)
Royalty according
to Perupetro
distribution (US$)
Interoil Perú S.A. III 59,949 29,044,418 1,610,752 805,376 805,376 75,057,520 107,383,391
Interoil Perú S.A. IV 42,662 13,606,418 778,556 389,278 389,278 36,697,337 51,903,529
Olympic Perú INC, Peru Division XIII 133,919 32,607,227 1,106,875 553,437 553,437 38,836,757 73,791,652
Petrobras Energía Perú S.A. X 162,805 150,886,072 6,047,694 3,023,847 3,023,847 253,234,053 416,378,318
Total aggregate companies (v) 973,727 267,165,060 9,833,033 4,916,517 4,916,517 363,631,933 651,436,787
Total 1,373,062 493,309,195 19,376,910 9,688,455 9,688,455 767,457,600 1,300,893,677
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