Mondi PLC Report on Payments to Governments

 
TIDMMNDI 
 
Mondi Limited 
(Incorporated in the Republic of South Africa) 
(Registration number: 1967/013038/06) 
JSE share code: MND ISIN: ZAE000156550 
 
Mondi plc 
(Incorporated in England and Wales) 
(Registered number: 6209386) 
 
LEI: 213800LOZA69QFDC9N34 
JSE share code: MNP ISIN: GB00B1CRLC47 
LSE share code: MNDI 
 
13 June 2017 
 
As part of the dual listed company structure, Mondi Limited and Mondi plc 
(together "Mondi Group" or "Mondi") notify both the JSE Limited and the London 
Stock Exchange of matters required to be disclosed under the Listings 
Requirements of the JSE Limited and/or the Disclosure Guidance and Transparency 
Rules and/or the Listing Rules of the United Kingdom Listing Authority. To 
comply with the requirements in Articles 7 and 9 of the regulatory technical 
standards of the Transparency Directive (2004/109/EC), this announcement falls 
within the 'Payments to governments' classification. 
 
Regulatory Report on Payments to Governments in respect of Logging Industries 
for the Year 2016 
 
The report of payments to governments made by Mondi plc and its subsidiary 
undertakings for the year ended 31 December 2016 has been published in 
accordance with the UK's Reports on Payments to Governments Regulations 2014 
(as amended in December 2015). This regulation implements the two EU Directives 
in the UK, mandating annual reports by companies in the extractives and logging 
industries of their payments to governments in countries in which they operate. 
 
To read details of Mondi's payments to governments go to www.mondigroup.com. 
 
Basis of preparation 
 
The application of the Regulation for Mondi relates to our logging activities 
and specifically to the disclosure of payments to governments relating to the 
logging of primary forests. 
 
We have used the Food and Agriculture Organisation of the United Nations 
definition of 'primary forest' being: 
 
'Naturally regenerated forest of native species, where there are no clearly 
visible indications of human activities and the ecological processes are not 
significantly disturbed'. 
 
Also, for the purposes of this report, the original 'IFL 2000' (Greenpeace, 
World Resources Institute (WRI) and Transparent World) inventory of intact 
forests has been used as the base for reporting on the harvesting of primary 
forests in the Komi Republic, Russia ('Komi'). 
 
Only a portion of our Syktyvkar logging operations in Komi fall within the 
above definition of primary forests. Our operations in South Africa comprise 
plantation forests that are not associated with any primary forests and 
therefore are excluded from the report. 
 
Our logging operations in Komi do not result in deforestation. In terms of the 
Russian Forestry Code and Mondi's sustainable development policies all logged 
areas are naturally regenerated with supplementary plantings of spruce and pine 
where required to make up full populations of young trees for the next 
sustainable forest cycle. During logging operations protected areas, High 
Conservation Areas (HCV) areas and sensitive biotopes, comprising approximately 
25% of the area, are naturally set aside for conservation. 
 
Exchange rate 
 
Payments made in currencies other than the euro (Mondi Group's reporting 
currency) are translated for this report using the average exchange rate during 
the financial year to which it relates. 
 
Further information 
 
For further information regarding the Mondi Group's approach to sustainably 
managing our forests, please refer to our Sustainable development report 2016 
which can be found at www.mondigroup.com/sd16 and our sustainable forestry 
policy, one of our issue specific SD policies at https://www.mondigroup.com/en/ 
sustainability/governance-of-sustainability . 
 
Report 
 
Government Report 
 
Country   Production  Taxes   Royalties   Dividends  Bonuses   Licence   Infrastructure  Total 
          entitlement                                          fees, etc improvements 
 
Russia    Nil         EUR       Nil         Nil        Nil       EUR925,000  Nil             EUR 
                      144,000                                                            1,069,000 
 
Projects Report 
 
Entity    Production  Taxes   Royalties   Dividends  Bonuses   Licence   Infrastructure  Total 
          entitlement                                          fees, etc improvements 
 
OJSC      Nil         EUR       Nil         Nil        Nil       EUR925,000  Nil             EUR 
Mondi                 144,000                                                            1,069,000 
Syktyvkar 
 
The report has been submitted to the National Storage Mechanism and will 
shortly be available for inspection at: http://www.morningstar.co.uk/uk/NSM. 
 
Contact: 
 
Mondi Group 
 
Lora Rossler 
 
Group Head of Communications 
 
Tel: [phone] or [phone] 
 
E-mail: [e-mail] 
 
We are Mondi: In touch every day 
 
Mondi is an international packaging and paper Group, employing around 25,000 
people across more than 30 countries. Our key operations are located in central 
Europe, Russia, North America and South Africa. In 2016, Mondi had revenues of 
EUR6.7 billion and a return on capital employed of 20.3%. 
 
We are fully integrated across the packaging and paper value chain - from 
managing forests and producing pulp, paper and compound plastics, to developing 
effective and innovative industrial and consumer packaging solutions. With over 
100 products customised into more than 100,000 solutions, we offer more than 
you may expect. Leading brands around the world rely on our innovative 
technologies and products across a variety of industries such as agriculture; 
automotive; building and construction; chemicals and dangerous goods; food and 
beverages; graphic and photographic; home and personal care; medical and 
pharmaceutical; office and professional printing; packaging and paper 
converting; pet care; retail and e-commerce; and shipping and transport. 
 
We believe sustainable development makes good business sense. It's integral to 
our responsible and profitable growth, and embedded in everything we do, every 
day. We continue to look for ways to do more with less, promote the responsible 
management of ecosystems, develop and inspire our people, and enhance the value 
that our sustainable product solutions create. 
 
Mondi has a dual listed company structure, with a primary listing on the JSE 
Limited for Mondi Limited under the ticker code MND and a premium listing on 
the London Stock Exchange for Mondi plc, under the ticker code MNDI. We have 
been included in the FTSE4Good Index Series since 2008 and the JSE's Socially 
Responsible Investment (SRI) Index since 2007. 
 
Sponsor in South Africa: UBS South Africa (Pty) Ltd 
 
 
 
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June 13, 2017 10:15 ET (14:15 GMT)