According to the financial report of GTS Operator of Ukraine LLC for 2024, net revenue from core operations amounted to UAH 38,526.85 million, of which UAH 37,909.37 million related to the direct transportation of natural gas and UAH 311.11 million to gas transmission system balancing.

According to the financial statements of Ukrtransnafta JSC, the Company’s total net profit in 2024 amounted to UAH 3,713.36 million81. Net revenue from all types of the Company’s activities in 2024 amounted UAH 10.71 billion, which is 2.37% lower than in the previous reporting period. This period was characterized by the absence of revenue from oil sales and a significant decline in revenue from other activities. At the same time, transit accounted for 97.85% of the Company’s total net revenue.

There are no publicly available information for estimating the revenue and financial results of the GTS Operator and the Gas Storage Operator, as both companies have not published financial statements for 2023. Therefore, the Independent Administrator used the data on revenue from gas transportation and storage included in the reports of oil and gas companies provided through the UAEITI Portal. 20 material reporting companies reported on the physical volumes of transmission of produced natural gas and the total value of the services for 2023. The total gas transportation costs of the companies within across the territory of Ukraine amounted to UAH 1,897.60 million thousand, and the physical volume of natural gas transmitted by the material reporting companies is 15,365.04 million cubic meters.

According to the Ukrtransnafta JSC financial statements, the company's net income from the sale of services in 2023 amounted to UAH 9.53 billion, which is 41% higher than the result of the previous year. The net income from oil transit and capacity reservation is UAH 9.36 billion (98.22% of income). Income from oil transit increased by 71.40% year-on-year.

No publicly available sources were available for assessing the revenues and financial performance of GTS Operator of Ukraine LLC and Ukrtransgaz JSC, as neither company published its 2022 financial statements. Therefore, the Independent Administrator used data on revenues from natural gas transportation and storage services reported by oil and gas companies through the UAEITI Portal. Among the material reporting companies, 24 companies reported physical volumes of transportation of produced natural gas and total expenditures on these services for 2022. The total expenditures of companies on natural gas transportation services within the territory of Ukraine amounted to UAH 1,712.70 million, while the physical volume of natural gas transported by reporting companies reached 13,444.98 million cubic metres.

According to the financial statements of Ukrtransnafta JSC, the Company's net revenue from services amounted to UAH 5.56 billion in 2022, which was 41% higher than in the previous year. Net revenue from crude oil transit and capacity reservation services amounted to UAH 5.38 billion, accounting for 97% of total revenue. Revenue from crude oil transit increased by 36% year-on-year. At the same time, Ukrtransnafta JSC reported a profit of UAH 5.67 billion in 2022, compared to UAH 1.70 billion in 2021. The increase in profit was primarily attributable to significant growth in revenues from transit services and crude oil sales, while the cost of goods and services sold remained relatively low.

Information on the financial performance of GTS Operator of Ukraine LLC for 2021 is not publicly available. Therefore, the Independent Administrator used the company’s financial data for the first three quarters of 2021. As of 30 September 2021, the net revenue of GTS Operator of Ukraine LLC amounted to UAH 40,055.45 million, while the company’s net profit reached UAH 5,801.76 million.

Ukrtransnafta JSC did not publish its 2021 financial statements in the public domain. Therefore, data from the annual report of Naftogaz of Ukraine NJSC were used as the source of information on the revenues of its subsidiary, Ukrtransnafta JSC. Net revenue from crude oil transit services in 2021 amounted to UAH 3.58 billion, which was 3.4% higher than in the previous year.

According to the financial report of Gas Transmission System Operator of Ukraine LLC for 2020, the net income from operating activities amounted to UAH 57,574.71 million, including UAH 53,472.93 million for direct transportation of natural gas and UAH 4,101.78 million for balancing the gas transmission system. In 2020, Gas Transmission System Operator of Ukraine LLC reported the revenue obtained from transportation services in the amount of UAH 53,305,171.94 thousand.

As part of the preparation of the EITI Report for 2020, Gas Transmission System Operator of Ukraine LLC, being the only company providing natural gas transmission services throughout Ukraine, provided information on the physical volume of the transported natural gas and the revenues from its transportation service. In 2020, Gas Transmission System Operator of Ukraine LLC reported the revenue obtained from transportation services in the amount of UAH 53,305,171.94 thousand.

Ukrtransnafta JSC revenue from the core business in 2020 amounted to UAH 4,512.87 million, which is higher than in 2019. The largest share in the total revenue was from oil transit and capacity reservation services – UAH 3,466.08 million. The company received UAH 275.24 million from transmission oil to the refineries, and UAH 771.56 million – from oil sales

According to the financial statements of Ukrtransgaz JSC for 2019, the company's net operating income in the reporting period increased by 58.34% compared to the previous year and amounted to UAH 3,274.7 million. Of these, UAH 3,262.2 million was income from natural gas storage services, and UAH 12.4 million – income from the sale of other services.

In 2019, the income of Naftogaz of Ukraine NJSC, the parent company of Ukrtransgaz JSC, from the sale of natural gas transmission, distribution and storage amounted to UAH 96,202 million, which is 5.04% less than in the previous year. As a part of preparation of the EITI Report 2019, Ukrtransgaz JSC reported on the income of the gas transmission system operator by type of products sold.

The operating income of Ukrtransnafta JSC in the reporting period amounted to UAH 3,576.7million, which is 7.7% less than in 2018. In 2019, the net profit also dropped significantly to UAH 779.2 million compared to UAH 1,463.2 million in the previous year.

The decrease in the volume of natural gas transit in 2018 compared to the previous year resulted in reduce of Ukrtransgaz’s income by 1.70%. In addition, the company's net loss increased from UAH 24,830 million in 2017 to UAH 32,627.8 million in 2018

According to the results of 2018, the total revenue of Ukrtransgaz JSC from its operations was UAH 50,313.3 million and included the following components:

According to Ukrtransnafta JSC financial statements, the company's operating income increased by 2.25% in 2018 compared to the previous year and amounted to UAH 3,873.19 million. In the reporting period, the net profit is UAH 1,463.24 million, which is 31.61% lower than in 2017.