Kaluga Power Sale Company Income 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
Operating Revenue	35,020	29,954	27,336	25,344	24,578
Other Revenue	6.16	-	-	-	-
Revenue	35,026	29,954	27,336	25,344	24,578
Revenue Growth (YoY)	16.93%	9.58%	7.86%	3.12%	9.44%
Fuel & Purchased Power	-	15,144	13,785	7,484	7,275
Operations & Maintenance	-	97.23	137.64	116.18	100.59
Selling, General & Admin	-	54.88	43.02	85.97	73.86
Depreciation & Amortization	-	453.01	162.7	155.29	170.26
Provision for Bad Debts	414.98	-52.38	559.2	352.82	209.06
Other Operating Expenses	34,101	13,312	12,130	16,535	16,230
Total Operating Expenses	34,516	29,008	26,818	24,729	24,058
Operating Income	510.05	945.42	517.99	615.09	519.3
Interest Expense	-765.89	-601.68	-459.37	-579.12	-500.46
Interest Income	-	191.6	78.71	110.48	89.35
Net Interest Expense	-765.89	-410.08	-380.67	-468.64	-411.11
Other Non-Operating Income (Expenses)	365.57	-146.72	-	-	-
EBT Excluding Unusual Items	109.73	388.63	137.32	146.45	108.19
Gain (Loss) on Sale of Investments	-	-111.46	0.63	-20.05	-
Other Unusual Items	-	0.66	-	-	-
Pretax Income	109.73	277.82	137.95	126.4	108.19
Income Tax Expense	26.06	153.87	24.88	29.62	21.82
Earnings From Continuing Ops.	83.67	123.95	113.07	96.78	86.37
Net Income	83.67	123.95	113.07	96.78	86.37
Net Income to Common	83.67	123.95	113.07	96.78	86.37
Net Income Growth	-32.50%	9.63%	16.82%	12.06%	10.93%
Shares Outstanding (Basic)	75	75	75	75	75
Shares Outstanding (Diluted)	75	75	75	75	75
Shares Change (YoY)	0.64%	-0.64%	-	-	-
EPS (Basic)	1.11	1.66	1.51	1.29	1.15
EPS (Diluted)	1.11	1.66	1.51	1.29	1.15
EPS Growth	-33.19%	10.33%	16.82%	12.06%	10.93%
Free Cash Flow	827.75	140.17	359.94	106.22	348.19
Free Cash Flow Per Share	11.02	1.88	4.79	1.42	4.64
Profit Margin	0.24%	0.41%	0.41%	0.38%	0.35%
Free Cash Flow Margin	2.36%	0.47%	1.32%	0.42%	1.42%
EBITDA	978.61	1,371	657.2	770.38	689.56
EBITDA Margin	2.79%	4.58%	2.40%	3.04%	2.81%
D&A For EBITDA	468.56	425.29	139.22	155.29	170.26
EBIT	510.05	945.42	517.99	615.09	519.3
EBIT Margin	1.46%	3.16%	1.90%	2.43%	2.11%
Effective Tax Rate	23.75%	55.38%	18.04%	23.43%	20.17%

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