Aeroflot - Russian Airlines (MOEX: AFLT)

AFLT Cash Flow Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	129,215	-8,862	-50,361	-34,106	-117,613	10,649
Depreciation & Amortization	122,823	135,249	125,387	119,952	118,167	107,007
Other Amortization	7,053	7,053	716	554	466	470
Loss (Gain) From Sale of Assets	5,120	4,616	517	431	5,346	-3,781
Asset Writedown & Restructuring Costs	190	-25	-	-	6,543	77
Loss (Gain) From Sale of Investments	-876	-471	398	265	557	-357
Provision & Write-off of Bad Debts	17,085	19,287	4,532	123	665	-228
Other Operating Activities	-54,025	35,022	50,966	16,487	14,409	49,033
Change in Accounts Receivable	-21,263	-45,905	27,466	-17,492	26,234	-688
Change in Inventory	-17,336	-16,304	657	-829	-2,314	-1,205
Change in Accounts Payable	45,491	47,536	-80,935	9,461	-29,444	-8,752
Operating Cash Flow	233,477	177,196	79,343	94,846	23,016	152,225
Operating Cash Flow Growth	87.18%	123.33%	-16.35%	312.09%	-84.88%	13.60%
Capital Expenditures	-143,418	-99,462	-7,746	-23,611	-24,070	-55,373
Sale of Property, Plant & Equipment	95	109	214	68	33	10,079
Divestitures	-	-	-	-	-2,045	-
Investment in Securities	33,054	23,170	-36,188	-12,618	7,526	-9,310
Other Investing Activities	17,219	12,002	22,262	37,068	4,641	8,459
Investing Cash Flow	-93,050	-64,181	-21,458	907	-13,915	-46,145
Long-Term Debt Issued	-	38,698	37,135	81,160	119,928	36,161
Long-Term Debt Repaid	-	-87,267	-147,048	-144,680	-95,049	-102,368
Net Debt Issued (Repaid)	-112,114	-48,569	-109,913	-63,520	24,879	-66,207
Issuance of Common Stock	-	-	52,542	-	80,035	-
Common Dividends Paid	-	-	-	-	-518	-3,286
Other Financing Activities	-39,498	-35,327	-31,824	-47,227	-37,529	-45,993
Financing Cash Flow	-151,612	-83,896	-89,195	-110,747	66,867	-115,486
Foreign Exchange Rate Adjustments	-498	2,121	9,007	230	93	-1,422
Net Cash Flow	-11,683	31,240	-22,303	-14,764	76,061	-10,828
Free Cash Flow	90,059	77,734	71,597	71,235	-1,054	96,852
Free Cash Flow Growth	-15.50%	8.57%	0.51%	-	-	13.33%
Free Cash Flow Margin	12.22%	12.70%	17.32%	14.49%	-0.35%	14.29%
Free Cash Flow Per Share	22.93	19.79	22.96	29.72	-0.78	91.13
Cash Interest Paid	39,378	35,207	31,803	47,213	37,529	45,993
Cash Income Tax Paid	9,279	8,656	9,467	2,451	-1,705	-96
Levered Free Cash Flow	117,734	145,542	49,672	86,643	8,046	41,691
Unlevered Free Cash Flow	161,370	191,687	84,064	112,467	36,011	72,922
Change in Net Working Capital	-13,092	-32,098	26,117	-18,441	4,427	15,393

Source: S&P Capital IQ. Standard template. Financial Sources.