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Second National Reconcilation Study EITI Peru - unofficial…

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Consultoría para la Elaboración del Segundo Estudio Nacional de<br />

Conciliación de la Iniciativa de Transparencia para las Industrias<br />

Extractivas (ITIE) en el Perú (2008 – 2010) (continuación)<br />

The process whereby the revenue collected as validity rights and penalties are allocated to local governments<br />

and Mining and Energy Sector entities, at the ratios set forth by law.<br />

Well<br />

A cavity in the earth crust resulting from drilling made to discover or produce hydrocarbons, inject water or gas ,or<br />

for other purposes.<br />

Working Capital<br />

A measure of the ability of a company to continue with the normal conduct of its business in the short term<br />

Ernst & Young<br />

Assurance | Tax | Transactions | Advisory<br />

About Ernst & Young<br />

Ernst & Young i9s a global leader in audit, tax,<br />

transaction and dvisory services. Our 700<br />

professionals in <strong>Peru</strong>, who are part of our 152,000<br />

profesionhals worldwide, share the same values<br />

and a firm commitment to quality .<br />

We make a difference helping our people,<br />

customers and communities to accomplish their<br />

potential.<br />

For further information about Ernst & Young , visit<br />

www.ey.com<br />

© 2012 Ernst & Young.<br />

All Rights Reserved.<br />

Ernst & Young is<br />

a registered trademark.<br />

Consultoría para la Comisión Multisectorial Permanente de la ITIE Perú<br />

206

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