ROSSETI Northern Caucasus Cash Flow 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
Net Income	-10,938	-15,731	-11,074	678.52	-27,881
Depreciation & Amortization	1,420	1,432	1,299	1,199	1,427
Other Amortization	197.31	155.87	93.57	66.67	100.65
Loss (Gain) on Sale of Assets	5.54	-17.85	36.55	10.57	36.49
Loss (Gain) on Sale of Investments	383.9	4.52	-0.08	-	-
Asset Writedown	2,699	4,312	3,783	532.57	4,512
Change in Accounts Receivable	-14,336	-9,475	-9,191	-17,920	-8,215
Change in Inventory	84.75	-1,234	-323.77	-189.52	-35.16
Change in Accounts Payable	4,859	4,625	-962.45	91.93	18,434
Change in Other Net Operating Assets	-712.78	-544.46	225.87	-1,382	-105.47
Other Operating Activities	-2,358	-2,985	-10,252	-8,446	3,296
Operating Cash Flow	-8,959	-9,823	-19,986	-18,483	141.51
Capital Expenditures	-6,785	-6,238	-3,825	-3,276	-3,430
Sale of Property, Plant & Equipment	0.86	12.79	23.64	2.1	1.61
Investment in Securities	-	-	-	2.09	518
Other Investing Activities	583.55	939.62	516.92	310.45	104.68
Investing Cash Flow	-6,200	-5,286	-3,284	-2,962	-2,805
Long-Term Debt Issued	8,829	7,975	6,749	16,526	7,960
Long-Term Debt Repaid	-9,108	-8,304	-18,681	-12,186	-10,026
Net Debt Issued (Repaid)	-279.18	-328.56	-11,932	4,340	-2,065
Issuance of Common Stock	13,882	13,862	35,986	20,762	6,126
Other Financing Activities	627.55	816.52	-	-	-
Financing Cash Flow	14,230	14,350	24,054	25,102	4,061
Net Cash Flow	-929.23	-758.87	783.96	3,658	1,397
Free Cash Flow	-15,744	-16,061	-23,811	-21,759	-3,288
Free Cash Flow Margin	-21.40%	-29.54%	-49.09%	-52.68%	-9.51%
Free Cash Flow Per Share	-2.96	-3.73	-10.77	-16.25	-3.14
Cash Interest Paid	409.68	421.3	2,985	669.16	233.91
Cash Income Tax Paid	-	82.25	8.1	-	0.36
Levered Free Cash Flow	-11,279	-10,453	-15,869	-39,669	8,197
Unlevered Free Cash Flow	-11,119	-10,242	-14,716	-38,510	9,197
Change in Working Capital	-10,105	-6,629	-10,251	-19,399	10,078

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