MegaFon Income Statement

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

Millions RUB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	2016 - 2012
Period Ending	Jun '22 Jun 30, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	2016 - 2012
Revenue	374,620	354,190	332,159	348,961	335,541	321,797	Upgrade
Revenue Growth (YoY)	10.40%	6.63%	-4.81%	4.00%	4.27%	1.75%	Upgrade
Cost of Revenue	127,036	112,661	97,836	109,158	100,696	96,283	Upgrade
Gross Profit	247,584	241,529	234,323	239,803	234,845	225,514	Upgrade
Selling, General & Admin	97,916	93,788	86,537	88,185	110,688	103,608	Upgrade
Operating Expenses	181,239	173,815	160,204	176,575	176,058	166,961	Upgrade
Operating Income	66,345	67,714	74,119	63,228	58,787	58,553	Upgrade
Interest Expense	-36,827	-32,403	-38,300	-45,195	-25,927	-24,306	Upgrade
Interest & Investment Income	12,349	11,255	8,937	2,097	1,634	1,724	Upgrade
Earnings From Equity Investments	-1,477	-2,892	-5,169	-5,277	-2,829	-1,947	Upgrade
Currency Exchange Gain (Loss)	-429	984	-3,126	2,084	-1,271	-4,451	Upgrade
Other Non Operating Income (Expenses)	726	7,270	-496	-4,069	-964	-1,583	Upgrade
EBT Excluding Unusual Items	40,687	51,928	35,965	12,868	29,430	27,990	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	-	-	-15,917	Upgrade
Gain (Loss) on Sale of Assets	15,535	15,852	-684	-623	-337	-484	Upgrade
Pretax Income	56,222	67,780	35,281	12,245	29,093	11,589	Upgrade
Income Tax Expense	-391	1,969	8,509	4,066	7,823	6,706	Upgrade
Earnings From Continuing Operations	56,613	65,811	26,772	8,179	21,270	4,883	Upgrade
Earnings From Discontinued Operations	-	-	-	-	11,584	442	Upgrade
Net Income to Company	56,613	65,811	26,772	8,179	32,854	5,325	Upgrade
Minority Interest in Earnings	824	454	-146	-92	2,316	-774	Upgrade
Net Income	57,437	66,265	26,626	8,087	35,170	4,551	Upgrade
Net Income to Common	57,437	66,265	26,626	8,087	35,170	4,551	Upgrade
Net Income Growth	52.29%	148.87%	229.24%	-77.01%	672.80%	-82.15%	Upgrade
Shares Outstanding (Basic)	-	620	620	436	555	596	Upgrade
Shares Outstanding (Diluted)	-	620	620	436	555	596	Upgrade
Shares Change (YoY)	-	-	42.21%	-21.50%	-6.77%	-	Upgrade
EPS (Basic)	-	106.88	42.95	18.55	63.33	7.64	Upgrade
EPS (Diluted)	-	106.88	42.95	18.55	63.33	7.64	Upgrade
EPS Growth	-	148.87%	131.52%	-70.71%	728.89%	-82.15%	Upgrade
Free Cash Flow	75,101	88,763	87,687	67,453	30,574	72,114	Upgrade
Free Cash Flow Per Share	-	143.17	141.43	154.72	55.05	121.06	Upgrade
Dividend Per Share	-	112.900	-	-	-	-	Upgrade
Gross Margin	66.09%	68.19%	70.55%	68.72%	69.99%	70.08%	Upgrade
Operating Margin	17.71%	19.12%	22.31%	18.12%	17.52%	18.20%	Upgrade
Profit Margin	15.33%	18.71%	8.02%	2.32%	10.48%	1.41%	Upgrade
Free Cash Flow Margin	20.05%	25.06%	26.40%	19.33%	9.11%	22.41%	Upgrade
EBITDA	114,451	112,524	114,258	120,812	117,645	127,532	Upgrade
EBITDA Margin	30.55%	31.77%	34.40%	34.62%	35.06%	39.63%	Upgrade
D&A For EBITDA	48,106	44,810	40,139	57,584	58,858	68,979	Upgrade
EBIT	66,345	67,714	74,119	63,228	58,787	58,553	Upgrade
EBIT Margin	17.71%	19.12%	22.31%	18.12%	17.52%	18.20%	Upgrade
Effective Tax Rate	-	2.90%	24.12%	33.21%	26.89%	57.87%	Upgrade

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