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ANALYSIS / SANTOSCOMPANY · GASATO ENTITY · SANTOS LIMITEDON THE REGISTER · 2013-14 to 2023-24

Santos

Across 11 years on the ATO's public register, Santos took A$51.1bn of total income and paid A$3.1m of company income tax.

Fig. 01 /Total income vs company income tax paid · A$ · with PRRT
A$0A$2.1bnA$4.3bnA$6.4bnA$8.5bnA$8.21bn · 2023-2413/1414/1515/1616/1717/1818/1919/2020/2121/2222/2323/24
Total income (ATO)Income tax paid (ATO)PRRT paid (ATO)
HOVER A YEAR · WATCH THE INCOME RISE WHILE THE TAX LINE HOLDS
Fig. 01Source: ATO Report of Entity Tax Information · 2013-14 to 2023-24As of 2023‑24Read directly

Fig. 02 / Every A$500m of income, and the tax on it

Marks of income102
Marks of tax0.01
Effective rate0.01%
Years paying nothing10 of 11
2013-14A$3.1M2014-15NIL2015-16NIL2016-17NIL2017-18NIL2018-19NIL2019-20NIL2020-21NIL2021-22NIL2022-23NIL2023-24NILTEN MARKS = A$5BN
A$500m of incomeIncome tax paidNil tax that year11 years of tax would not fill one mark
Fig. 02Source: ATO Report of Entity Tax Information · 2013-14 to 2023-24 · one mark = A$500mAs of 2023‑24Read directly

The full record

Every figure is from the ATO Report of Entity Tax Information or the company's annual report. A dash means the figure is not in that year's ATO report or is not publicly disclosed.
YearTotal incomeTaxable incomeIncome taxPRRTRevenueNet profit
2013-14A$4.36bnA$27.3mA$3.1m———
2014-15A$3.39bnA$0A$0—US$3,641m-US$630m
2015-16A$3.48bnA$0A$0—US$2,442m-US$1,953m
2016-17A$3.72bnA$0A$0—US$2,594m-US$1,047m
2017-18A$3.5bnA$0A$0—US$3,100m-US$360m
2018-19A$4.36bnA$8.3mA$0A$78.8mUS$3,660mUS$630m
2019-20A$5.01bnA$29mA$0A$126mUS$4,033mUS$674m
2020-21A$4.07bnA$68.8mA$0A$198mUS$3,387m-US$357m
2021-22A$4.75bnA$74.1mA$0A$256mUS$4,713mUS$658m
2022-23A$6.26bnA$19.8mA$0A$247mUS$7,790mUS$2,112m
2023-24A$8.21bnA$21.2mA$0A$214mUS$5,889mUS$1,416m
Sources. ATO Corporate Tax Transparency, Report of Entity Tax Information 2013-14 to 2023-24 (data.gov.au), read directly · Santos Annual Reports & Tax Contribution Disclosures (CY2013 to CY2023); functional currency A$ to 2018 then US$, kept as reported · Revenue and net profit are as reported (US$ from FY2019); ATO figures are in A$.
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Nobody wrote this page. It is assembled straight from the ATO's own Report of Entity Tax Information and Santos's annual reports. Every figure has an origin; where one does not, the cell is left empty rather than filled with a guess.

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