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.
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 |
