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Sierra Leone

2007 Indicator Analysis  |  2006


Data Year

2007

Report Published Indicator Analysis

2010

Commodities
Diamond, Gold, Rutile, Bauxite
Current EITI Status
Candidate

Report Quality Analysis



Report Compiled by   Verdi Consulting

EITI report   Download PDF

Source   sleiti.org



Company Payments

$10,475,496

Government Receipts

$10,201,529


GDP, 2007 BILLION $ source

1.66

Total Government Revenue (% of GDP)

43.39

Reported EI Revenue
(% of Total Revenue)

1.41



CommodityEITI Production VolumesUnitsIndep. Source Production VolumesUnitsPrice from EITI ReportPer UnitIndep. Reference PricePer UnitTotal Company PaymentsTotal Gov't ReceiptsNotes
Diamond
 
carats235,830carats 1
 
$/carat
 
 
Gold
 
kg212kg 1
 
$/kg24,656.50$/kg 1
 
 
Rutile
 
mts82,527mts 1
 
$/mt594.00$/mt 1
 
 
Bauxite
 
mts1,169,000mts 1
 
$/mt34.17$/mt 1
 
 
1 USGS
   EITI report failed to provide this commodity-specific data.

Report Quality Indicators

1. Regularity

a) score0.25 
b) total reports / implementing years1/4 

2. Timeliness

Lag between fiscal year of data and publication year.3 

3. Materiality

Report clearly defines a materiality threshold.No The committee selected the commodities and companies to be included.

4. Data Reliability

Report contains audited data from:  
a) companiesYes Validation report states that companies were required to submit audited data.
b) governmentNo  

5. Coverage

Revenue data includes the following revenue streams:  
a) royaltiesYes  
b) taxesYes 
c) surface, rental or license feesYes 
d) bonusesNo  
e) state-owned enterprise (SOE) paymentsN/A Sierra Leone had no SOE in 2006-07.
f) Report covers all extractive sector companies.Yes 9/9 reported, including 6 mining companies (1 for diamonds) and 3 dealers/exporters.
g) Report states the price of any product received or sold by government.No  
h) Report states the quantity of resources produced.No  

6. Discrepancies

Report contains:  
a) information on the cause of revenue discrepancies.Yes  
b) reconciled data following the correction of discrepancies.Yes In many cases, companies did not provide adequate payment verification information during the reconcilliation process.

7. SOE Revenue Flow

SOE Revenue Flow data is clearly explained in the report.N/A Sierra Leone had no SOE in 2006-07

8. Disaggregation

Report provides financial data on individual:  
a) companiesYes Only some company data was disaggregated.
b) revenue streamsYes  
c) projectsNo  
d) commoditiesNo  

9. Comprehensibility

Report contains:  
a) a summary with key findings and revenue totalsYes 
b) clear indication of what currencies and units of measurement are used Yes 
c) written explanation of key findings and recommendationsYes  
d) a clear definition of termsYes  

10. Accessibility

Report is available:  
a) in at least one official languageYes  
b) on a government websiteYes 

Related Indicators

Revenue Watch Index, 201038.2 
Corruption Perception Index, 2010 134/178 
Open Budget Survey, N/A 



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