Inter RAO UES (MOEX:IRAO)

Inter RAO UES Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2020
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2020
Net Income	130,394	131,029	144,219	133,112	115,299	74,989
Depreciation & Amortization	41,507	39,969	33,289	27,925	24,997	28,101
Other Amortization	-	-	2,573	2,484	1,239	868
Loss (Gain) on Sale of Assets	370	370	63	-	-502	129
Loss (Gain) on Sale of Investments	-	-	-899	-	-3,911	-178
Loss (Gain) on Equity Investments	-5,917	-5,946	-3,082	-10,082	-5,908	-3,013
Asset Writedown	20,199	20,199	19,795	14,894	30,292	1,575
Change in Accounts Receivable	-4,914	-140	-35,319	222	-26,647	-5,449
Change in Inventory	-6,935	-12,861	-24,043	-17,074	-6,309	-534
Change in Accounts Payable	13,110	5,234	30,076	10,543	4,609	10,908
Change in Income Taxes	5,433	-4,433	-383	-5,199	8,331	-
Change in Other Net Operating Assets	-3,379	-3,315	15,855	224	4,571	3,561
Other Operating Activities	-77,612	-74,811	-72,202	-37,551	-33,043	-14,673
Net Cash from Discontinued Operations	-	-	-	-	3,869	-
Operating Cash Flow	117,023	99,421	115,518	122,610	126,784	101,743
Operating Cash Flow Growth	14.69%	-13.94%	-5.78%	-3.29%	24.61%	-6.88%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2020
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2020
Capital Expenditures	-203,699	-189,944	-115,026	-66,857	-54,920	-28,546
Sale of Property, Plant & Equipment	89	126	397	331	2,911	81
Cash Acquisitions	-4,573	-5,170	-25,659	-2,555	296	888
Divestitures	-	-	-	2,630	-3,086	-
Investment in Securities	228,518	29,687	-65,465	68,404	1,790	15,545
Other Investing Activities	71,606	73,553	70,994	46,834	35,228	13,680
Investing Cash Flow	93,436	-90,107	-137,659	50,702	-19,195	1,653

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2020
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2020
Long-Term Debt Issued	-	24,010	29,709	28,823	19,179	5,912
Long-Term Debt Repaid	-	-48,489	-55,863	-37,796	-38,522	-16,143
Net Debt Issued (Repaid)	-24,740	-24,479	-26,154	-8,973	-19,343	-10,231
Issuance of Common Stock	-	-	-	17	-	-
Repurchase of Common Stock	-	-	-12,566	-	-11	-
Common Dividends Paid	-24,097	-24,248	-21,573	-19,109	-17,337	-15,660
Other Financing Activities	-3,174	-3,509	-9,529	-1,756	-2,002	-255
Financing Cash Flow	-52,011	-52,236	-69,822	-29,821	-38,693	-26,146

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2020
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2020
Foreign Exchange Rate Adjustments	-457	-2,655	1,046	1,945	2,247	7,942
Net Cash Flow	157,991	-45,577	-90,917	145,436	71,143	85,192

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2020
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2020
Free Cash Flow	-86,676	-90,523	492	55,753	71,864	73,197
Free Cash Flow Growth	-	-	-99.12%	-22.42%	-1.82%	-13.67%
Free Cash Flow Margin	-4.65%	-5.08%	0.03%	4.10%	5.68%	7.42%
Free Cash Flow Per Share	-1.23	-1.29	0.01	0.76	0.98	0.99
Levered Free Cash Flow	-	-273,020	-10,376	30,882	-	57,358
Unlevered Free Cash Flow	-	-263,088	-3,085	37,369	-	62,371

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2020
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2020
Cash Interest Paid	-	-	2,768	1,756	2,002	253
Cash Income Tax Paid	-	-	39,184	37,491	34,937	21,679
Change in Working Capital	3,315	-15,515	-13,814	-11,284	-15,445	8,486

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 22, 2026

Data Sources Report a data error