Public Joint Stock Oil Company Bashneft (MOEX: BANE)

MOEX: BANE Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Revenue	1,180,656	1,031,793	851,521	465,462	649,503	642,074
Revenue Growth (YoY)	92.11%	21.17%	82.94%	-28.34%	1.16%	3.18%
Cost of Revenue	133,855	120,586	461,834	254,407	250,815	225,354
Gross Profit	1,046,801	911,207	389,687	211,055	398,688	416,720
Selling, General & Admin	-	-	12,445	12,448	12,861	14,429
Other Operating Expenses	805,975	667,624	217,275	163,153	217,052	229,498
Operating Expenses	852,289	717,303	276,384	222,303	282,922	297,588
Operating Income	194,512	193,904	113,303	-11,248	115,766	119,132
Interest Expense	-	-	-6,348	-6,738	-8,647	-9,119
Interest & Investment Income	-	-	232	527	1,618	2,406
Earnings From Equity Investments	-	-	143	-24	-	-
Currency Exchange Gain (Loss)	-	-	2	11,457	-4,976	10,299
Other Non Operating Income (Expenses)	-14,102	14,360	-8,267	-6,882	-6,980	-8,993
EBT Excluding Unusual Items	180,410	208,264	99,065	-12,908	96,781	113,725
Gain (Loss) on Sale of Assets	-	-	-777	-206	-901	963
Asset Writedown	291	291	-12	-63	-19	508
Pretax Income	180,701	208,555	98,276	-13,177	97,851	122,317
Income Tax Expense	25,217	29,676	13,345	-678	21,073	25,264
Earnings From Continuing Operations	155,484	178,879	84,931	-12,499	76,778	97,053
Minority Interest in Earnings	-1,470	-1,470	-1,599	1,381	-181	1,307
Net Income	154,014	177,409	83,332	-11,118	76,597	98,360
Net Income to Common	154,014	177,409	83,332	-11,118	76,597	98,360
Net Income Growth	208.45%	112.89%	-	-	-22.13%	-31.24%
Shares Outstanding (Basic)	170	170	170	170	170	170
Shares Outstanding (Diluted)	170	170	170	170	170	170
EPS (Basic)	907.04	1044.82	490.77	-65.48	451.11	579.28
EPS (Diluted)	907.04	1044.82	490.77	-65.48	451.11	579.28
EPS Growth	208.45%	112.89%	-	-	-22.13%	-31.24%
Free Cash Flow	90,709	85,147	5,743	-2,418	25,342	81,362
Free Cash Flow Per Share	534.22	501.46	33.82	-14.24	149.25	479.17
Dividend Per Share	249.690	249.690	-	-	107.810	158.950
Dividend Growth	-	-	-	-	-32.17%	-48.27%
Gross Margin	88.66%	88.31%	45.76%	45.34%	61.38%	64.90%
Operating Margin	16.47%	18.79%	13.31%	-2.42%	17.82%	18.55%
Profit Margin	13.04%	17.19%	9.79%	-2.39%	11.79%	15.32%
Free Cash Flow Margin	7.68%	8.25%	0.67%	-0.52%	3.90%	12.67%
EBITDA	240,826	243,583	155,380	30,798	165,622	171,870
EBITDA Margin	20.40%	23.61%	18.25%	6.62%	25.50%	26.77%
D&A For EBITDA	46,314	49,679	42,077	42,046	49,856	52,738
EBIT	194,512	193,904	113,303	-11,248	115,766	119,132
EBIT Margin	16.47%	18.79%	13.31%	-2.42%	17.82%	18.55%
Effective Tax Rate	13.96%	14.23%	13.58%	-	21.54%	20.65%
Revenue as Reported	1,180,656	1,031,793	851,664	532,604	854,623	860,206

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