AVANGARD Joint Stock BANK Cash Flow Statement

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

Millions RUB. Fiscal year is Jan - Dec.

Fiscal Year	FY 2020	FY 2019
Period Ending	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Net Income	3,118	7,143
Depreciation & Amortization	309.57	366.55
Change in Trading Asset Securities	4,079	-1,722
Change in Other Net Operating Assets	-8,698	-5,063
Other Operating Activities	-2,112	5,109
Operating Cash Flow	-3,304	5,834
Operating Cash Flow Growth	-	209.72%
Capital Expenditures	-1.25	-2,590
Sale of Property, Plant and Equipment	2,487	-
Divestitures	1,000	-
Investing Cash Flow	3,486	-2,590
Long-Term Debt Issued	1,300	3,000
Long-Term Debt Repaid	-4,325	-321.73
Net Debt Issued (Repaid)	-3,025	2,678
Common Dividends Paid	-6,500	-4,500
Net Increase (Decrease) in Deposit Accounts	11,924	-8,796
Financing Cash Flow	2,399	-10,618
Foreign Exchange Rate Adjustments	2,179	-1,092
Net Cash Flow	4,760	-8,466
Free Cash Flow	-3,305	3,244
Free Cash Flow Growth	-	1617.01%
Free Cash Flow Margin	-29.62%	19.93%
Free Cash Flow Per Share	-40.96	40.20
Cash Interest Paid	1,469	1,965
Cash Income Tax Paid	227.08	243.56

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