MOEX:FESH Cash Flow Statement

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

Millions RUB. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-2,327	26,784	37,702	38,613	37,306
Depreciation & Amortization	12,672	11,239	10,600	6,244	6,586
Other Amortization	1,765	1,668	914	404	323
Loss (Gain) From Sale of Assets	25	1,433	701	-177	498
Asset Writedown & Restructuring Costs	-2,518	633	-1,352	12,793	-4,221
Loss (Gain) on Equity Investments	-19	-19	-40	-30	-82
Provision & Write-off of Bad Debts	2,399	1,665	-	-	-
Other Operating Activities	14,205	7,375	-3,168	7,806	3,046
Change in Accounts Receivable	18,544	-27,369	609	-8,780	-15,873
Change in Inventory	77	-528	-1,044	-629	-483
Change in Accounts Payable	-14,204	15,565	-4,713	7,285	10,983
Change in Other Net Operating Assets	-5,406	1,787	2,894	-496	-
Operating Cash Flow	25,213	40,233	43,103	63,033	38,083
Operating Cash Flow Growth	-37.33%	-6.66%	-31.62%	65.52%	288.32%
Capital Expenditures	-7,913	-21,014	-59,302	-36,494	-23,142
Sale of Property, Plant & Equipment	47	41	6	770	34
Cash Acquisitions	-769	-	-	-	-1,809
Investment in Securities	52	22	45	-17	-417
Other Investing Activities	770	-613	70	1,157	-458
Investing Cash Flow	-9,814	-19,629	-61,181	-34,584	-25,792
Long-Term Debt Issued	-	10,956	-	5,559	27,516
Long-Term Debt Repaid	-7,992	-8,808	-6,005	-8,011	-28,967
Net Debt Issued (Repaid)	-7,992	2,148	-6,005	-2,452	-1,451
Other Financing Activities	-9,367	-7,716	-4,147	-4,632	-3,918
Financing Cash Flow	-17,359	-5,568	-10,152	-7,084	-5,369
Foreign Exchange Rate Adjustments	-1,944	602	2,194	-1,756	6
Miscellaneous Cash Flow Adjustments	-844	-	-	-	-
Net Cash Flow	-4,748	15,638	-26,036	19,609	6,928
Free Cash Flow	17,300	19,219	-16,199	26,539	14,941
Free Cash Flow Growth	-9.98%	-	-	77.63%	122.47%
Free Cash Flow Margin	10.08%	10.39%	-9.42%	16.32%	13.14%
Free Cash Flow Per Share	5.86	6.51	-5.49	8.99	5.06
Cash Interest Paid	9,367	7,731	4,106	4,596	3,918
Cash Income Tax Paid	3,972	2,001	3,048	3,443	3,083
Levered Free Cash Flow	21,656	-7,150	-33,188	3,933	488
Unlevered Free Cash Flow	27,385	-2,165	-30,240	6,751	2,572
Change in Working Capital	-989	-10,545	-2,254	-2,620	-5,373

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