Severstal (MOEX: CHMF)

Severstal Income 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
Revenue	798,023	728,314	682,226	11,638	6,870	8,157
Revenue Growth (YoY)	23.77%	6.76%	5762.06%	69.40%	-15.78%	-4.93%
Cost of Revenue	463,936	409,355	403,980	4,920	3,952	4,908
Gross Profit	334,087	318,959	278,246	6,718	2,918	3,249
Selling, General & Admin	80,476	71,837	78,391	1,042	972	889
Other Operating Expenses	22,209	22,313	24,727	304	12	41
Operating Expenses	102,685	94,150	103,440	1,347	984	930
Operating Income	231,402	224,809	174,806	5,371	1,934	2,319
Interest Expense	-24,724	-16,641	-8,311	-139	-135	-137
Interest & Investment Income	24,593	13,938	5,749	8	13	5
Earnings From Equity Investments	2,396	1,490	1,517	41	17	20
Currency Exchange Gain (Loss)	-8,318	34,814	21,470	-60	-361	125
Other Non Operating Income (Expenses)	2,156	-3,944	-1,714	-153	-111	-72
EBT Excluding Unusual Items	227,505	254,466	193,517	5,068	1,357	2,260
Gain (Loss) on Sale of Assets	-3,525	-6,680	-8,342	-22	-21	-33
Asset Writedown	282	260	-47,720	-19	-11	5
Legal Settlements	-8,700	-8,700	-	-	-16	-
Pretax Income	215,562	239,346	137,455	5,027	1,309	2,232
Income Tax Expense	43,372	45,471	29,094	952	293	465
Earnings From Continuing Operations	172,190	193,875	108,361	4,075	1,016	1,767
Net Income to Company	172,190	193,875	108,361	4,075	1,016	1,767
Minority Interest in Earnings	81	-14	-79	-1	-	-1
Net Income	172,271	193,861	108,282	4,074	1,016	1,766
Net Income to Common	172,271	193,861	108,282	4,074	1,016	1,766
Net Income Growth	80.21%	79.03%	2557.88%	300.98%	-42.47%	-13.90%
Shares Outstanding (Basic)	838	838	838	834	825	825
Shares Outstanding (Diluted)	838	838	838	834	825	849
Shares Change (YoY)	-	-	0.48%	1.09%	-2.83%	0.12%
EPS (Basic)	205.57	231.34	129.21	4.88	1.23	2.14
EPS (Diluted)	205.57	231.34	129.21	4.88	1.23	2.08
EPS Growth	80.21%	79.03%	2547.84%	296.75%	-40.77%	-16.03%
Free Cash Flow	96,047	110,463	155,110	3,608	888	1,135
Free Cash Flow Per Share	114.61	131.82	185.10	4.33	1.08	1.34
Dividend Per Share	69.360	-	-	-	1.590	1.750
Dividend Growth	-	-	-	-	-9.14%	-29.15%
Gross Margin	41.86%	43.79%	40.78%	57.72%	42.47%	39.83%
Operating Margin	29.00%	30.87%	25.62%	46.15%	28.15%	28.43%
Profit Margin	21.59%	26.62%	15.87%	35.01%	14.79%	21.65%
Free Cash Flow Margin	12.04%	15.17%	22.74%	31.00%	12.93%	13.91%
EBITDA	262,635	255,653	207,381	5,880	2,354	2,749
EBITDA Margin	32.91%	35.10%	30.40%	50.52%	34.26%	33.70%
D&A For EBITDA	31,233	30,844	32,575	509	420	430
EBIT	231,402	224,809	174,806	5,371	1,934	2,319
EBIT Margin	29.00%	30.87%	25.62%	46.15%	28.15%	28.43%
Effective Tax Rate	20.12%	19.00%	21.17%	18.94%	22.38%	20.83%
Revenue as Reported	69,709	-	-	11,638	6,870	8,157

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