United Company RUSAL, International Public Joint-Stock Company (HKG:0486)
Hong Kong · Delayed Price · Currency is HKD 2.955
+0.055 (1.90%)
Sep 4, 2026, 4:08 PM HKT
HKG:0486 Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 51 | -455 | 803 | 282 | 1,793 | 3,225 |
Depreciation & Amortization | 649 | 609 | 520 | 565 | 416 | 677 |
Loss (Gain) From Sale of Assets | 12 | 12 | 8 | 4 | 13 | 9 |
Asset Writedown & Restructuring Costs | 216 | 306 | 598 | 296 | 283 | 141 |
Loss (Gain) From Sale of Investments | 82 | 6 | 114 | 94 | -18 | -445 |
Loss (Gain) on Equity Investments | -878 | -666 | -564 | -752 | -1,555 | -1,807 |
Provision & Write-off of Bad Debts | 24 | 30 | 44 | 1 | 163 | 60 |
Other Operating Activities | 1,276 | 1,206 | -117 | 166 | 915 | 823 |
Change in Accounts Receivable | -13 | -93 | -551 | 393 | -325 | -528 |
Change in Inventory | -91 | 135 | -841 | 923 | -1,245 | -1,387 |
Change in Accounts Payable | -130 | 600 | 474 | -208 | -846 | 394 |
Change in Other Net Operating Assets | -10 | -14 | -5 | -4 | -6 | -16 |
Operating Cash Flow | 1,188 | 1,676 | 483 | 1,760 | -412 | 1,146 |
Operating Cash Flow Growth | -33.03% | 247.00% | -72.56% | - | - | 5.04% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -1,390 | -1,439 | -1,332 | -1,022 | -1,202 | -1,164 |
Sale of Property, Plant & Equipment | 11 | 15 | 14 | 10 | 3 | 10 |
Cash Acquisitions | -246 | -246 | -303 | - | - | -85 |
Divestitures | 44 | 44 | - | - | -16 | - |
Sale (Purchase) of Intangibles | -32 | -38 | -34 | -34 | -37 | -28 |
Investment in Securities | 142 | 118 | 45 | -67 | -16 | 1,080 |
Other Investing Activities | 52 | 192 | 532 | 83 | 1,740 | 677 |
Investing Cash Flow | -1,419 | -1,354 | -1,078 | -1,030 | 472 | 490 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 9,265 | 2,628 | 3,521 | 6,036 | 918 |
Long-Term Debt Repaid | - | -8,736 | -2,069 | -4,814 | -3,645 | -2,080 |
Net Debt Issued (Repaid) | 1,051 | 529 | 559 | -1,293 | 2,391 | -1,162 |
Common Dividends Paid | - | - | - | - | -302 | - |
Other Financing Activities | -899 | -861 | -446 | -454 | -674 | -729 |
Financing Cash Flow | 152 | -332 | 113 | -1,747 | 1,415 | -1,891 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -10 | 52 | -102 | -91 | -264 | 21 |
Net Cash Flow | -89 | 42 | -584 | -1,108 | 1,211 | -234 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -202 | 237 | -849 | 738 | -1,614 | -18 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -1.29% | 1.60% | -7.03% | 6.04% | -11.55% | -0.15% |
Free Cash Flow Per Share | -0.01 | 0.02 | -0.06 | 0.05 | -0.11 | -0.00 |
Levered Free Cash Flow | -677.25 | -314.75 | -1,014 | 218.13 | -1,302 | -1,528 |
Unlevered Free Cash Flow | -234.75 | 134 | -753.25 | 455.63 | -1,036 | -1,296 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 790 | 855 | 494 | 422 | 428 | 380 |
Cash Income Tax Paid | 150 | 99 | 127 | 125 | 358 | 307 |
Change in Working Capital | -244 | 628 | -923 | 1,104 | -2,422 | -1,537 |