Inter RAO UES (MOEX: IRAO)

Inter RAO UES Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2020	FY 2019	FY 2018
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Revenue	1,430,380	1,359,799	1,264,996	986,292	1,032,120	962,582
Revenue Growth (YoY)	10.60%	7.49%	28.26%	-4.44%	7.22%	10.74%
Fuel & Purchased Power	167,007	159,797	136,478	517,416	538,308	493,787
Operations & Maintenance	10,855	10,482	9,182	10,532	10,929	11,518
Selling, General & Admin	15,042	12,868	12,604	10,838	10,815	9,827
Depreciation & Amortization	32,582	30,409	26,236	28,969	28,002	26,601
Provision for Bad Debts	184	3,112	9,897	5,459	7,050	8,358
Other Operating Expenses	1,071,011	1,003,353	930,733	331,012	333,707	323,027
Total Operating Expenses	1,296,681	1,220,021	1,125,130	904,226	928,811	873,118
Operating Income	133,699	139,778	139,866	82,066	103,309	89,464
Interest Expense	-11,130	-10,379	-10,824	-8,022	-6,008	-4,991
Interest Income	65,747	43,242	38,839	13,501	15,034	10,642
Net Interest Expense	54,617	32,863	28,015	5,479	9,026	5,651
Income (Loss) on Equity Investments	8,581	10,082	5,908	3,013	2,410	-3,579
Currency Exchange Gain (Loss)	-847	540	-280	7,115	-4,139	3,649
Other Non-Operating Income (Expenses)	-93	-138	-1,679	54	-1,823	-832
EBT Excluding Unusual Items	195,957	183,125	171,830	97,727	108,783	94,353
Impairment of Goodwill	-	-	-620	-	-	-
Gain (Loss) on Sale of Investments	899	-	3,911	49	-2,205	47
Gain (Loss) on Sale of Assets	-	-	502	-	-148	-1,293
Asset Writedown	-12,748	-14,894	-29,672	-1,575	-2,649	-1,146
Other Unusual Items	-	-	-	-	-	217
Pretax Income	184,108	168,231	145,951	96,201	103,781	92,178
Income Tax Expense	36,458	32,304	28,505	20,736	21,851	20,503
Earnings From Continuing Ops.	147,650	135,927	117,446	75,465	81,930	71,675
Minority Interest in Earnings	-2,779	-2,815	-2,147	-476	-299	-899
Net Income	144,871	133,112	115,299	74,989	81,631	70,776
Net Income to Common	144,871	133,112	115,299	74,989	81,631	70,776
Net Income Growth	36.51%	15.45%	53.75%	-8.14%	15.34%	31.13%
Shares Outstanding (Basic)	73,275	73,538	73,539	73,541	73,630	79,125
Shares Outstanding (Diluted)	73,275	73,538	73,539	73,541	73,630	79,451
Shares Change (YoY)	-0.33%	-0.00%	-0.00%	-0.12%	-7.33%	-6.44%
EPS (Basic)	1.98	1.81	1.57	1.02	1.11	0.89
EPS (Diluted)	1.98	1.81	1.53	1.02	1.11	0.89
EPS Growth	40.85%	18.46%	49.85%	-8.03%	24.43%	40.09%
Free Cash Flow	41,863	55,753	71,864	73,197	84,790	69,263
Free Cash Flow Per Share	0.57	0.76	0.98	1.00	1.15	0.87
Dividend Per Share	0.326	0.326	0.284	0.181	0.196	0.172
Dividend Growth	14.93%	14.93%	56.97%	-7.89%	14.31%	31.64%
Profit Margin	10.13%	9.79%	9.11%	7.60%	7.91%	7.35%
Free Cash Flow Margin	2.93%	4.10%	5.68%	7.42%	8.22%	7.20%
EBITDA	155,533	159,715	157,293	104,511	126,353	112,383
EBITDA Margin	10.87%	11.75%	12.43%	10.60%	12.24%	11.68%
D&A For EBITDA	21,834	19,937	17,427	22,445	23,044	22,919
EBIT	133,699	139,778	139,866	82,066	103,309	89,464
EBIT Margin	9.35%	10.28%	11.06%	8.32%	10.01%	9.29%
Effective Tax Rate	19.80%	19.20%	19.53%	21.55%	21.05%	22.24%

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