Kazakhstan Electricity Grid Operating Company JSC (KASE:KEGC)

KASE:KEGC Income Statement

Financials in millions KZT. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	344,648	319,906	252,136	217,256	186,443	179,098
Revenue Growth (YoY)	16.37%	26.88%	16.05%	16.53%	4.10%	-31.94%
Operations & Maintenance	-	-	-	-	-	5,641
Selling, General & Admin	12,412	12,916	11,360	9,167	8,683	7,990
Other Operating Expenses	253,942	228,424	181,648	166,520	120,921	96,471
Total Operating Expenses	264,071	239,546	195,392	176,215	129,494	110,062
Operating Income	80,577	80,360	56,744	41,040	56,949	69,035
Interest Expense	-16,106	-12,628	-15,094	-11,810	-9,883	-10,140
Interest Income	8,236	8,236	8,161	5,573	5,221	4,965
Net Interest Expense	-7,870	-4,392	-6,933	-6,237	-4,662	-5,175
Income (Loss) on Equity Investments	345.95	359.96	195.3	469.12	260.74	358.45
Currency Exchange Gain (Loss)	-143.89	435.3	951.34	114.96	451.05	-5,310
Other Non-Operating Income (Expenses)	6,142	4,167	3,038	579.31	-523.54	-380.64
EBT Excluding Unusual Items	79,051	80,930	53,996	35,967	52,476	58,529
Gain (Loss) on Sale of Investments	6.84	6.84	65.24	75.99	58.7	89.54
Gain (Loss) on Sale of Assets	-	-	-	-	2,182	-
Asset Writedown	-7,074	-7,072	-462.52	-3,575	-7,944	-19.21
Pretax Income	71,985	73,865	53,599	32,468	46,772	58,599
Income Tax Expense	13,394	14,368	10,202	5,720	7,608	10,101
Earnings From Continuing Ops.	58,591	59,497	43,396	26,748	39,164	48,498
Earnings From Discontinued Ops.	-	-	-	-	13,471	4,967
Net Income	58,591	59,497	43,396	26,748	52,636	53,465
Net Income to Common	58,591	59,497	43,396	26,748	52,636	53,465
Net Income Growth	5.49%	37.10%	62.24%	-49.18%	-1.55%	31.21%
Shares Outstanding (Basic)	-	275	262	260	260	260
Shares Outstanding (Diluted)	-	275	262	260	260	260
Shares Change (YoY)	-	4.99%	0.85%	-	-	-
EPS (Basic)	-	216.12	165.50	102.88	202.45	205.64
EPS (Diluted)	-	216.12	165.50	102.88	202.45	205.64
EPS Growth	-	30.59%	60.87%	-49.18%	-1.55%	31.21%
Free Cash Flow	34,002	62,346	12,559	31,202	43,655	66,325
Free Cash Flow Per Share	-	226.47	47.89	120.01	167.90	255.10
Dividend Per Share	163.400	163.400	157.240	116.030	135.570	152.100
Dividend Growth	105.53%	3.92%	35.52%	-14.41%	-10.87%	31.09%
Profit Margin	17.00%	18.60%	17.21%	12.31%	28.23%	29.85%
Free Cash Flow Margin	9.87%	19.49%	4.98%	14.36%	23.41%	37.03%
EBITDA	134,777	131,648	108,154	102,243	93,817	103,112
EBITDA Margin	39.11%	41.15%	42.90%	47.06%	50.32%	57.57%
D&A For EBITDA	54,200	51,288	51,410	61,202	36,868	34,077
EBIT	80,577	80,360	56,744	41,040	56,949	69,035
EBIT Margin	23.38%	25.12%	22.50%	18.89%	30.55%	38.55%
Effective Tax Rate	18.61%	19.45%	19.04%	17.62%	16.27%	17.24%

Source: S&P Global Market Intelligence. Utility template. Financial Sources.