EX-2 2 ex_726523.htm EXHIBIT 2.01 HTML Editor

Exhibit 2

 

Company Name

 

Company Number

 

Report Name

 

Report End Date

 

Currency

 

Notes

Greenstone Mangement Services Holdings Limited (United Kingdom)

 

08014359

 

Report of Payments to Governments

 

12/31/2023

 

USD

 

Greenstone Management Services Holdings (UK) has prepared the following report on Payments to Governments in accordance with the Reports on Payments to Government Regulations 2014 (2014/3209) and amended by the Reports on Payments to Governments (Amendments) Regulations 2015 (2015/1928). This is the third report on Payments to Governments submitted in the UK and is for the financial year ended 31 December 2023.

 

 

 

 

 

Government

 

Country
Code

 

Payment
Type

 

Amount

 

Unit
Measure

 

Volume

 

Valuation
Method

 

Notes

Zimbabwe Revenue Authority

 

ZWE

 

Tax

 

 10,414,485

 

0

 

0

 

0

 

All amounts are stated in United States Dollar ("USD"):
* Taxes payments were made in both USD (USD 8,015,603) and Zimbabwean Dollar ("ZWD") (ZWD 9,897,899,013).  Payments made in ZWD were converted from ZWD to USD by using the spot exchange rate on the payment date as obtained from the Reserve Bank of Zimbabwe (https://www.rbz.co.zw/index.php/research/markets/exchange-rates). Numerous payments were made throughout the year and the weighted average spot conversion rate applied on each payment date averaged out to 1: 4,125.75 (USD:ZWD) for the year reported on.

Zimbabwe Revenue Authority

 

ZWE

 

Royalties

 

 7,614,571

 

0

 

0

 

0

 

All amounts are stated in United States Dollar ("USD"):
**  Royalties payments were made in in both USD (USD 4,572,149) and ZWD (ZWD 11,757,785,513).  Payments made in ZWD were converted from ZWD to USD by using the spot exchange rate on the payment date as obtained from the Reserve Bank of Zimbabwe  (https://www.rbz.co.zw/index.php/research/markets/exchange-rates). Numerous payments were made throughout the year and the weighted average spot conversion rate applied on each payment date averaged out to 1:3,864.61 (USD:ZWD) for the year reported on.

National Indigenisation and Economic Empowerment Fund

 

ZWE

 

Dividends

 

 -   

 

0

 

0

 

0

 

All amounts are stated and paid in United States Dollar ("USD").

South African Revenue Authority

 

ZAF

 

Tax

 

 229,464

 

0

 

0

 

0

 

All amounts are stated in United States Dollar ("USD"):
* Taxes payments were made in South African Rand {"ZAR") (ZAR 4,252,416).  Payments made in ZAR were converted from ZAR to USD by using the spot exchange rate on the payment date as obtained from the Reserve Bank of Sout Africa (https://www.resbank.co.za/en/home/what-we-do/statistics/key-statistics/selected-historical-ratess). Numerous payments were made throughout the year and the weighted average spot conversion rate applied on each payment date averaged out to 1: 18.53 (USD:ZAR) for the year reported on.

 

 

 

 

Government

 

Country Code

 

Amount

 

Notes

Zimbabwe Revenue Authority

 

ZWE

 

 18,029,056

 

All amounts are stated in United States Dollar ("USD"):
* Taxes payments were made in both USD (USD 8,015,603) and Zimbabwean Dollar ("ZWD") (ZWD 9,897,899,013).  Payments made in ZWD were converted from ZWD to USD by using the spot exchange rate on the payment date as obtained from the Reserve Bank of Zimbabwe (https://www.rbz.co.zw/index.php/research/markets/exchange-rates). Numerous payments were made throughout the year and the weighted average spot conversion rate applied on each payment date averaged out to 1: 4,125.75 (USD:ZWD) for the year reported on.
**  Royalties payments were made in in both USD (USD 4,572,149) and ZWD (ZWD 11,757,785,513).  Payments made in ZWD were converted from ZWD to USD by using the spot exchange rate on the payment date as obtained from the Reserve Bank of Zimbabwe  (https://www.rbz.co.zw/index.php/research/markets/exchange-rates). Numerous payments were made throughout the year and the weighted average spot conversion rate applied on each payment date averaged out to 1:3,864.61 (USD:ZWD) for the year reported on.

National Indigenisation and Economic Empowerment Fund

 

ZWE

 

 -   

 

All amounts are stated and paid in United States Dollar ("USD").

South African Revenue Authority

 

ZAF

 

 229,464

 

All amounts are stated in United States Dollar ("USD"):
* Taxes payments were made in South African Rand {"ZAR") (ZAR 4,252,416).  Payments made in ZAR were converted from ZAR to USD by using the spot exchange rate on the payment date as obtained from the Reserve Bank of Sout Africa (https://www.resbank.co.za/en/home/what-we-do/statistics/key-statistics/selected-historical-ratess). Numerous payments were made throughout the year and the weighted average spot conversion rate applied on each payment date averaged out to 1: 18.53 (USD:ZAR) for the year reported on.

 

 

 

 

 

 

 

Project
Name

 

Project
Code

 

Payment
Type

 

Amount

 

Unit
Measure

 

Volume

 

Valuation
Method

 

Country
Code List

 

Notes

 

Extraction
Method

Blanket Mine

 

ZWE001

 

Tax

 

 9,575,226

 

0

 

0

 

0

 

ZWE

 

All amounts are stated in United States Dollar ("USD"):
* Taxes payments were made in both USD (USD 7,040,718) and Zimbabwean Dollar ("ZWD") (ZWD 9,841,097,138).  Payments made in ZWD were converted from ZWD to USD by using the spot exchange rate on the payment date as obtained from the Reserve Bank of Zimbabwe (https://www.rbz.co.zw/index.php/research/markets/exchange-rates). Numerous payments were made throughout the year and the weighted average spot conversion rate applied on each payment date averaged out to 1: 4,171.73 (USD:ZWD) for the year reported on.

 

Underground Mining

Blanket Mine

 

ZWE001

 

Royalties

 

 7,317,339

 

0

 

0

 

0

 

ZWE

 

All amounts are stated in United States Dollar ("USD"):
**  Royalties payments were made in in both USD (USD 4,390,403) and ZWD (ZWD 11,193,868,653).  Payments made in ZWD were converted from ZWD to USD by using the spot exchange rate on the payment date as obtained from the Reserve Bank of Zimbabwe (https://www.rbz.co.zw/index.php/research/markets/exchange-rates). Numerous payments were made throughout the year and the weighted average spot conversion rate applied on each payment date averaged out to 1:3,824.43 (USD:ZWD) for the year reported on.

 

Underground Mining

Blanket Mine

 

ZWE001

 

Dividends

 

0

 

0

 

0

 

0

 

ZWE

 

All amounts are stated and paid in United States Dollar ("USD").

 

Underground Mining

Caledonia Holding Zimbabwe

 

ZWE002

 

Tax

 

 600,000

 

0

 

0

 

0

 

ZWE

 

All amounts are stated and paid in United States Dollar ("USD").

   

Caledonia Holding Zimbabwe

 

ZWE002

 

Royalties

 

 297,233

 

0

 

0

 

0

 

ZWE

 

All amounts are stated in United States Dollar ("USD"):
**  Royalties payments were made in in both USD (USD 181,745) and ZWD (ZWD 563,916,860).  Payments made in ZWD were converted from ZWD to USD by using the spot exchange rate on the payment date as obtained from the Reserve Bank of Zimbabwe  (https://www.rbz.co.zw/index.php/research/markets/exchange-rates). Numerous payments were made throughout the year and the weighted average spot conversion rate applied on each payment date averaged out to 1:4,882.93 (USD:ZWD) for the year reported on.

 

Open pit

Bilboes Holdings

 

ZWE003

 

Tax

 

 239,258

 

0

 

0

 

0

 

ZWE

 

All amounts are stated in United States Dollar ("USD"):
* Taxes payments were made in both USD (USD 199,376) and Zimbabwean Dollar ("ZWD") (ZWD 56,801,874).  Payments made in ZWD were converted from ZWD to USD by using the spot exchange rate on the payment date as obtained from the Reserve Bank of Zimbabwe      (https://www.rbz.co.zw/index.php/research/markets/exchange-rates). Numerous payments were made throughout the year and the weighted average spot conversion rate applied on each payment date averaged out to 1: 1,418.15 (USD:ZWD) for the year reported on.

 

Open pit

Caledonia Mining South Africa

 

SA001

 

Tax

 

 229,464

 

0

 

0

 

0

 

ZAF

 

All amounts are stated in United States Dollar ("USD"):
* Taxes payments were made in South African Rand {"ZAR") (ZAR 4,252,416).  Payments made in ZAR were converted from ZAR to USD by using the spot exchange rate on the payment date as obtained from the Reserve Bank of Sout Africa (https://www.resbank.co.za/en/home/what-we-do/statistics/key-statistics/selected-historical-ratess). Numerous payments were made throughout the year and the weighted average spot conversion rate applied on each payment date averaged out to 1: 18.53 (USD:ZAR) for the year reported on.

   

 

 

 

 

 

Project
Name

 

Project
Code

 

Amount

 

Notes

Blanket Mine

 

ZWE001

 

 16,892,565

 

All amounts are stated in United States Dollar ("USD"):
* Taxes payments were made in both USD (USD 7,040,718) and Zimbabwean Dollar ("ZWD") (ZWD 9,841,097,138).  Payments made in ZWD were converted from ZWD to USD by using the spot exchange rate on the payment date as obtained from the Reserve Bank of Zimbabwe (https://www.rbz.co.zw/index.php/research/markets/exchange-rates). Numerous payments were made throughout the year and the weighted average spot conversion rate applied on each payment date averaged out to 1: 4,171.73 (USD:ZWD) for the year reported on.
**  Royalties payments were made in in both USD (USD 4,390,403) and ZWD (ZWD 11,193,868,653).  Payments made in ZWD were converted from ZWD to USD by using the spot exchange rate on the payment date as obtained from the Reserve Bank of Zimbabwe (https://www.rbz.co.zw/index.php/research/markets/exchange-rates). Numerous payments were made throughout the year and the weighted average spot conversion rate applied on each payment date averaged out to 1:3,824.43 (USD:ZWD) for the year reported on.
*** Dividend payments were made in USD.

Caledonia Holding Zimbabwe

 

ZWE002

 

 897,233

 

All amounts are stated in United States Dollar ("USD"):
* Taxes payments were made in USD.
** Royalties payments were made in in both USD (USD 181,745) and ZWD (ZWD 563,916,860).  Payments made in ZWD were converted from ZWD to USD by using the spot exchange rate on the payment date as obtained from the Reserve Bank of Zimbabwe  (https://www.rbz.co.zw/index.php/research/markets/exchange-rates). Numerous payments were made throughout the year and the weighted average spot conversion rate applied on each payment date averaged out to 1:4,882.93 (USD:ZWD) for the year reported on.

Bilboes Holdings

 

ZWE003

 

 239,258

 

All amounts are stated in United States Dollar ("USD"):
* Taxes payments were made in both USD (USD 199,376) and Zimbabwean Dollar ("ZWD") (ZWD 56,801,874).  Payments made in ZWD were converted from ZWD to USD by using the spot exchange rate on the payment date as obtained from the Reserve Bank of Zimbabwe (https://www.rbz.co.zw/index.php/research/markets/exchange-rates). Numerous payments were made throughout the year and the weighted average spot conversion rate applied on each payment date averaged out to 1: 1,418.15 (USD:ZWD) for the year reported on.

Caledonia Mining South Africa

 

SA001

 

 229,464

 

All amounts are stated in United States Dollar ("USD"):
* Taxes payments were made in South African Rand {"ZAR") (ZAR 4,252,416).  Payments made in ZAR were converted from ZAR to USD by using the spot exchange rate on the payment date as obtained from the Reserve Bank of Sout Africa (https://www.resbank.co.za/en/home/what-we-do/statistics/key-statistics/selected-historical-ratess). Numerous payments were made throughout the year and the weighted average spot conversion rate applied on each payment date averaged out to 1: 18.53 (USD:ZAR) for the year reported on.