Rosseti Lenenergo (MOEX: LSNG)

Rosseti Lenenergo 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	Dec 31, 2023	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	108,842	108,842	95,198	93,506	82,708	82,665
Revenue Growth (YoY)	14.33%	14.33%	1.81%	13.06%	0.05%	5.99%
Operations & Maintenance	2,888	2,888	1,627	1,678	-	-
Selling, General & Admin	209.05	209.05	43.21	106.42	-	63.62
Provision for Bad Debts	-165.64	-165.64	318.43	-196.32	1.06	1,390
Other Operating Expenses	67,064	67,064	65,118	63,043	61,195	59,301
Total Operating Expenses	69,995	69,995	67,107	64,631	61,196	60,755
Operating Income	38,847	38,847	28,091	28,875	21,511	21,911
Interest Expense	-157	-157	-265.74	-521.92	-2,111	-2,607
Interest Income	1,762	1,762	1,328	625.25	412.78	754.68
Net Interest Expense	1,605	1,605	1,062	103.33	-1,698	-1,852
Other Non-Operating Income (Expenses)	-6.19	-6.19	-	24.53	-	-
EBT Excluding Unusual Items	40,446	40,446	29,153	29,002	19,813	20,058
Gain (Loss) on Sale of Investments	792.52	792.52	-1,522	-504.77	-	58.68
Gain (Loss) on Sale of Assets	-522.83	-522.83	-219.33	-612.96	-	-687.03
Asset Writedown	-16,338	-16,338	-3,490	-11,407	-4,905	-4,076
Insurance Settlements	64.12	64.12	14.97	42.21	-	29.8
Pretax Income	24,442	24,442	23,937	16,520	14,908	15,383
Income Tax Expense	4,552	4,552	4,073	3,332	2,905	3,422
Earnings From Continuing Ops.	19,890	19,890	19,864	13,188	12,004	11,961
Minority Interest in Earnings	-	-	-	-	1.2	1.25
Net Income	19,890	19,890	19,864	13,188	12,005	11,962
Net Income to Common	19,890	19,890	19,864	13,188	12,005	11,962
Net Income Growth	0.13%	0.13%	50.62%	9.86%	0.36%	13.05%
Shares Outstanding (Basic)	8,559	8,559	8,559	8,559	8,575	8,617
Shares Outstanding (Diluted)	8,559	8,559	8,559	8,559	8,575	8,617
Shares Change (YoY)	-	-	-	-0.18%	-0.49%	-
EPS (Basic)	2.32	2.32	2.32	1.54	1.40	1.39
EPS (Diluted)	2.32	2.32	2.32	1.54	1.40	1.39
EPS Growth	0.13%	0.13%	50.62%	10.06%	0.85%	13.05%
Free Cash Flow	12,376	12,376	15,960	5,048	181.21	8,000
Free Cash Flow Per Share	1.45	1.45	1.86	0.59	0.02	0.93
Dividend Per Share	-	-	0.502	0.348	0.263	0.095
Dividend Growth	-	-	44.38%	32.48%	177.30%	-
Profit Margin	18.27%	18.27%	20.87%	14.10%	14.51%	14.47%
Free Cash Flow Margin	11.37%	11.37%	16.76%	5.40%	0.22%	9.68%
EBITDA	58,692	58,692	46,338	42,238	34,829	33,326
EBITDA Margin	53.92%	53.92%	48.67%	45.17%	42.11%	40.31%
D&A For EBITDA	19,844	19,844	18,247	13,364	13,318	11,415
EBIT	38,847	38,847	28,091	28,875	21,511	21,911
EBIT Margin	35.69%	35.69%	29.51%	30.88%	26.01%	26.51%
Effective Tax Rate	18.62%	18.62%	17.02%	20.17%	19.48%	22.25%

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