EU Public Country-by-Country Reporting
Vertiv Holdings Co.("Vertiv") has prepared the Public Country-by-Country Report in accordance with EU Directive 2013/34/EU.
Public Country-by-Country Report – Spain - FY 2025
This Public Country-by-Country Report has been prepared solely to comply with the Spanish legal requirements and includes information relating only to the Spanish jurisdiction. The data presented is based on preliminary information currently available and has not been finalized at Group level. As such, it may differ from the figures that will be included in the Group’s consolidated Country-by-Country Report. A complete Country-by-Country Report at Group level will be published in due course once the final figures are available.
REPORT ON CORPORATE INCOME TAX INFORMATION
in compliance with chapter 10a of Directive 2013/34/EU (‘country-by-country reporting’)
| Field | Value |
|---|---|
| Name of the ultimate parent of the group / of the standalone undertaking | Vertiv Holdings Co. |
| Country where the ultimate parent has its registered office | United States of America |
| Fiscal Year - Start date | 2024-01-01 |
| Fiscal Year - End date | 2024-12-31 |
| Reporting Currency | USD |
| Is the information in the report based on reporting instructions used for tax purposes, pursuant to Section III, Parts B and C, of Annex III to Directive 2011/16/EU (yes/no)? | Yes |
| Tax Jurisdiction | Country Code | Revenues | Profit (Loss) Before Income Tax | Income Tax Paid - on Cash Basis | Income Tax Accrued - Current Year | Accumulated Earnings | Number of Employees |
|---|---|---|---|---|---|---|---|
| AUSTRIA | AT | 6,739,412 | 538,940 | 259,407 | 109,078 | 1,887,675 | 19 |
| BELGIUM | BE | 14,338,775 | 523,274 | - | 156,188 | -754,709 | 14 |
| CROATIA | HR | 218,118,573 | 22,420,327 | 2,808,628 | 4,305,191 | 49,323,264 | 621 |
| CZECH REPUBLIC | CZ | 90,461,887 | 3,271,083 | 720,729 | 1,107,033 | 3,919,732 | 425 |
| DENMARK | DK | 1,299,698 | 245,330 | - | 47,039 | -189,314 | 5 |
| FRANCE | FR | 64,053,959 | 2,816,270 | 525,896 | 59,495 | 9,472,650 | 149 |
| GERMANY | DE | 193,209,096 | 12,835,932 | 3,613,766 | 2,055,113 | -6,561,406 | 267 |
| HUNGARY | HU | 1,331,389 | 71,113 | 4,083 | 12,106 | 256,248 | - |
| IRELAND | IE | 971,403,530 | 120,440,992 | 25,090,580 | 25,435,876 | -25,422,954 | 2,095 |
| ITALY | IT | 725,095,007 | 308,048,864 | 68,001,542 | 78,796,178 | 401,719,037 | 873 |
| MALAYSIA | MY | 77,123,729 | 16,597,028 | 3,757,538 | 4,258,896 | 27,912,488 | 161 |
| NETHERLANDS | NL | 90,478,987 | 6,144,332 | 423,935 | 1,611,270 | 16,001,628 | 55 |
| POLAND | PL | 35,240,620 | 2,430,782 | 1,048,992 | 773,253 | 5,921,449 | 69 |
| PORTUGAL | PT | 5,945,870 | 224,585 | 198,928 | 189,476 | 1,121,874 | 16 |
| ROMANIA | RO | 22,032,291 | 1,527,724 | 276,040 | 233,930 | 5,905,455 | 444 |
| SLOVAKIA | SK | 335,204,475 | 18,908,853 | 1,935,169 | 3,567,493 | 52,484,372 | 1,442 |
| SPAIN | ES | 65,502,152 | 2,852,901 | 1,021,952 | 642,445 | 6,852,493 | 193 |
| SWEDEN | SE | 17,054,603 | -1,258,641 | 23,998 | - | -57,064,727 | 31 |
| TURKEY | TR | 38,866,122 | 2,303,247 | 1,011,851 | 1,851,584 | 10,840,741 | 126 |
| VIETNAM | VN | 2,429,575 | 581,831 | 112,771 | 135,856 | 2,722,580 | 33 |
| All other tax jurisdictions (aggregated basis) | OC | 9,438,057,220 | 241,362,230 | 161,619,442 | 191,415,843 | -788,630,796 | 23,694 |
| Total | 12,413,986,972 | 762,886,998 | 272,455,247 | 316,763,344 | -282,282,222 | 30,732 |
| Member State or Tax Jurisdiction | Country Code | Name of Each Subsidiary | Activities |
|---|---|---|---|
| AUSTRIA | AT | Vertiv GmbH - Austria Branch | Sales, Mkting, or Distrib |
| BELGIUM | BE | Avocent Belgium Limited BVBA/SPRL | Dormant |
| BELGIUM | BE | Vertiv Benelux B.V. - Belgium Branch | Sales, Mkting, or Distrib |
| CROATIA | HR | Vertiv Croatia d.o.o. | R&D; Mfg or Production; Sales, Mkting, or Distrib |
| CZECH REPUBLIC | CZ | Vertiv Czech Republic S.r.o. | Mfg or Production; Sales, Mkting, or Distrib |
| DENMARK | DK | Vertiv Denmark ApS | Admin, Mgmt, or Support Srvcs |
| FRANCE | FR | Vertiv France SAS | Sales, Mkting, or Distrib |
| GERMANY | DE | Ortrud Verwaltungsgesellschaft mbh | Share or Equity Instr Holder |
| GERMANY | DE | Vertiv GmbH | Sales, Mkting, or Distrib |
| GERMANY | DE | Vertiv Holding GmbH | Share or Equity Instr Holder |
| GERMANY | DE | Vertiv Integrated Systems GmbH | Share or Equity Instr Holder |
| HUNGARY | HU | Vertiv Srl - Hungary Branch | Sales, Mkting, or Distrib |
| IRELAND | IE | E&I Engineering Ireland Limited | Share or Equity Instr Holder |
| IRELAND | IE | E&I Engineering Ltd | R&D; IP Holder or Manager; Mfg or Production |
| IRELAND | IE | Electrical Intellectual Property Ltd | IP Holder or Manager |
| IRELAND | IE | Great River Finance DAC | Internal Finance |
| IRELAND | IE | Powerbar Ltd | IP Holder or Manager; Mfg or Production; Admin, Mgmt, or Support Srvcs |
| IRELAND | IE | Vertiv Holdings Ireland Designated Activity Company | Share or Equity Instr Holder |
| IRELAND | IE | Vertiv International Designated Activity Company | Dormant |
| IRELAND | IE | Vertiv International Holdings Designated Activity Company | Share or Equity Instr Holder |
| IRELAND | IE | Vertiv Ireland Limited | Sales, Mkting, or Distrib; IP Holder or Manager; Purchasing or Proco |
| ITALY | IT | Vertiv Srl | IP Holder or Manager; Mfg or Production; Sales, Mkting, or Distrib |
| MALAYSIA | MY | Vertiv (Malaysia) Sdn Bhd | Sales, Mkting, or Distrib |
| NETHERLANDS | NL | Vertiv Benelux B.V. | Sales, Mkting, or Distrib |
| POLAND | PL | Vertiv Poland Sp z.o.o. | Sales, Mkting, or Distrib |
| PORTUGAL | PT | Vertiv Portugal Limitada | Sales, Mkting, or Distrib |
| ROMANIA | RO | Vertiv Romania S.r.l | Admin, Mgmt, or Support Srvcs; Sales, Mkting, or Distrib |
| SLOVAKIA | SK | Vertiv Slovakia a.s. | Mfg or Production; Sales, Mkting, or Distrib; Admin, Mgmt, or Support Srvcs |
| SPAIN | ES | Vertiv Spain S.A. | Sales, Mkting, or Distrib |
| SWEDEN | SE | Vertiv Sweden AB | Sales, Mkting, or Distrib |
| TURKEY | TR | Vertiv Guc Sistemleri Limited Sirketi | Sales, Mkting, or Distrib |
| VIETNAM | VN | Vertiv (Vietnam) Co Ltd. | Sales, Mkting, or Distrib |
| Details | |
|---|---|
| Information omitted (if any) for this financial year: | None |
| Information omitted in previous financial years, which is disclosed in this financial year (if any): | None |
| Details | |
|---|---|
| Explanations on material discrepancies between amounts of income tax accrued during the relevant financial year and amounts of income tax paid on a cash basis as disclosed in Section 2, where applicable at group level, considering where appropriate corresponding amounts concerning previous financial years: | None |
REPORT ON CORPORATE INCOME TAX INFORMATION
in compliance with chapter 10a of Directive 2013/34/EU (‘country-by-country reporting’)
| Field | Value |
|---|---|
| Name of the ultimate parent of the group / of the standalone undertaking | Vertiv Holdings Co. |
| Country where the ultimate parent has its registered office | United States of America |
| Fiscal Year - Start date | 2023-01-01 |
| Fiscal Year - End date | 2023-12-31 |
| Reporting Currency | USD |
| Is the information in the report based on reporting instructions used for tax purposes, pursuant to Section III, Parts B and C, of Annex III to Directive 2011/16/EU (yes/no)? | Yes |
| Tax Jurisdiction | Country Code | Revenues | Profit (Loss) Before Income Tax | Income Tax Paid - on Cash Basis | Income Tax Accrued - Current Year | Accumulated Earnings | Number of Employees |
|---|---|---|---|---|---|---|---|
| AUSTRIA | AT | 8,751,399 | 529,391 | 75,027 | 117,863 | 1,413,514 | 18 |
| BELGIUM | BE | 18,955,160 | 1,065,579 | 21,453 | 277,294 | -1,121,812 | 14 |
| CROATIA | HR | 149,621,912 | 8,570,408 | 5,506,686 | 251,557 | 31,047,395 | 540 |
| CZECH REPUBLIC | CZ | 67,965,796 | 2,520,921 | 442,065 | 351,725 | 1,315,099 | 410 |
| DENMARK | DK | 2,171,201 | -90,250 | - | 87,030 | -338,384 | 7 |
| FRANCE | FR | 83,433,260 | 7,002,196 | 1,400,097 | 2,979,897 | 7,567,443 | 146 |
| GERMANY | DE | 173,103,851 | 15,617,104 | 443,702 | 11,533,806 | -16,986,759 | 342 |
| HUNGARY | HU | 1,211,104 | 4,166 | 3,114 | 1,774 | 197,240 | 14 |
| IRELAND | IE | 682,876,773 | 65,623,699 | 13,253,221 | 17,941,929 | -134,647,047 | 1,725 |
| ITALY | IT | 620,893,868 | 112,411,595 | 11,007,539 | 21,633,574 | 269,752,679 | 727 |
| MALAYSIA | MY | 71,679,463 | 10,478,473 | 2,409,160 | 2,704,192 | 15,334,826 | 143 |
| NETHERLANDS | NL | 97,975,299 | 3,697,215 | 299,363 | 629,252 | 11,404,331 | 49 |
| POLAND | PL | 29,629,665 | 1,940,826 | 217,391 | 447,904 | 4,115,787 | 70 |
| PORTUGAL | PT | 4,018,951 | 252,308 | 200,544 | 77,155 | 1,082,304 | 17 |
| ROMANIA | RO | 19,660,087 | 1,024,362 | 189,619 | 50,567 | 4,618,789 | 462 |
| SLOVAKIA | SK | 296,712,691 | 12,198,235 | 2,509,193 | 2,390,729 | 37,395,223 | 1,292 |
| SPAIN | ES | 62,413,561 | 1,971,082 | 495,695 | 459,835 | 4,599,951 | 186 |
| SWEDEN | SE | 11,454,889 | -5,288,329 | - | - | -55,708,535 | 31 |
| TURKEY | TR | 45,729,570 | 3,030,012 | 1,533,374 | 1,377,624 | 10,025,611 | 139 |
| VIETNAM | VN | 2,145,993 | 423,068 | 95,613 | 61,831 | 2,285,037 | 33 |
| All other tax jurisdictions (aggregated basis) | OC | 7,647,718,464 | 325,654,733 | 112,922,068 | 130,854,611 | -947,527,656 | 21,461 |
| Total | 10,098,122,955 | 568,636,793 | 153,024,925 | 194,230,147 | -754,174,963 | 27,826 |
| Member State or Tax Jurisdiction | Country Code | Name of Each Subsidiary | Activities |
|---|---|---|---|
| AUSTRIA | AT | Vertiv GmbH - Austria Branch | Sales, Mkting, or Distrib |
| BELGIUM | BE | Avocent Belgium Limited BVBA/SPRL | Dormant |
| BELGIUM | BE | Vertiv Benelux B.V. - Belgium Branch | Sales, Mkting, or Distrib |
| CROATIA | HR | Vertiv Croatia d.o.o. | IP Holder or Manager; Mfg or Production; Sales, Mkting, or Distrib |
| CZECH REPUBLIC | CZ | Vertiv Czech Republic s.r.o. | Mfg or Production; Admin, Mgmt, or Support Srvcs; Sales, Mkting, or Distrib |
| DENMARK | DK | Vertiv Denmark ApS | Sales, Mkting, or Distrib |
| FRANCE | FR | Vertiv France SAS | Sales, Mkting, or Distrib |
| GERMANY | DE | Ortrud Verwaltungsgesellschaft mbh | Share or Equity Instr Holder |
| GERMANY | DE | Vertiv GmbH | Sales, Mkting, or Distrib |
| GERMANY | DE | Vertiv Integrated Systems GmbH | IP Holder or Manager; Mfg or Production |
| GERMANY | DE | Vertiv Holding GmbH | Share or Equity Instr Holder |
| HUNGARY | HU | Vertiv Srl - Hungary Branch | Sales, Mkting, or Distrib; Admin, Mgmt, or Support Srvcs |
| IRELAND | IE | E&I Engineering Ireland Limited | Share or Equity Instr Holder |
| IRELAND | IE | E&I Engineering Ltd | Mfg or Production; Admin, Mgmt, or Support Srvcs; IP Holder or Manager |
| IRELAND | IE | Electrical Intellectual Property Ltd | Dormant |
| IRELAND | IE | Great River Finance DAC | Internal Finance |
| IRELAND | IE | Powerbar Ltd | Mfg or Production; Admin, Mgmt, or Support Srvcs; IP Holder or Manager |
| IRELAND | IE | Vertiv Holdings Ireland Designated Activity Company | Share or Equity Instr Holder |
| IRELAND | IE | Vertiv International Designated Activity Company | Dormant |
| IRELAND | IE | Vertiv International Holdings Designated Activity Company | Share or Equity Instr Holder |
| IRELAND | IE | Vertiv Ireland Limited | Sales, Mkting, or Distrib; IP Holder or Manager; Purchasing or Proco |
| ITALY | IT | Vertiv Srl | IP Holder or Manager; Mfg or Production; Sales, Mkting, or Distrib |
| MALAYSIA | MY | Vertiv (Malaysia) Sdn Bhd | Sales, Mkting, or Distrib |
| NETHERLANDS | NL | Vertiv Benelux B.V. | Sales, Mkting, or Distrib |
| POLAND | PL | Vertiv Poland Sp z.o.o. | Sales, Mkting, or Distrib |
| PORTUGAL | PT | Vertiv Portugal Limitada | Sales, Mkting, or Distrib |
| ROMANIA | RO | Vertiv Romania S.r.l | Admin, Mgmt, or Support Srvcs; Sales, Mkting, or Distrib |
| SLOVAKIA | SK | Vertiv Slovakia a.s. | Mfg or Production; Sales, Mkting, or Distrib; Admin, Mgmt, or Support Srvcs |
| SPAIN | ES | Vertiv Spain S.A. | Sales, Mkting, or Distrib |
| SWEDEN | SE | Vertiv Sweden AB | IP Holder or Manager; Sales, Mkting, or Distrib; Mfg or Production |
| TURKEY | TR | Vertiv Guc Sistemleri Limited Sirketi | Sales, Mkting, or Distrib |
| VIETNAM | VN | Vertiv (Vietnam) Co Ltd. | Sales, Mkting, or Distrib |
| Details | |
|---|---|
| Information omitted (if any) for this financial year: | None |
| Information omitted in previous financial years, which is disclosed in this financial year (if any): | None |
| Details | |
|---|---|
| Explanations on material discrepancies between amounts of income tax accrued during the relevant financial year and amounts of income tax paid on a cash basis as disclosed in Section 2, where applicable at group level, considering where appropriate corresponding amounts concerning previous financial years: | None |
