Rosseti North-West 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	5,156	1,787	-550.97	-259.19	-882.79
Depreciation & Amortization	5,621	4,797	4,789	4,786	4,496
Other Amortization	224.28	211.25	131.92	160.18	195.87
Loss (Gain) on Sale of Assets	-5.82	2.41	7.76	-40.58	-8.97
Loss (Gain) on Sale of Investments	36.27	219.42	-58.57	275.62	-28.49
Asset Writedown	-1,404	-	2,952	2,203	2,766
Change in Accounts Receivable	-440.34	-749.93	269.79	-275.24	-974.86
Change in Inventory	139.83	-251.13	-46.12	-113.19	-102.57
Change in Accounts Payable	-414.85	1,257	-427.1	1,906	678.92
Change in Other Net Operating Assets	-702.48	180.49	151.33	-251.6	-1,041
Other Operating Activities	319.1	7,401	4,011	-2,456	-229.81
Operating Cash Flow	8,553	14,871	10,988	6,329	5,083
Operating Cash Flow Growth	-42.49%	35.34%	73.61%	24.53%	16.82%
Capital Expenditures	-10,787	-7,494	-7,603	-5,742	-5,429
Sale of Property, Plant & Equipment	5.13	12.41	8.55	31.72	12.53
Cash Acquisitions	-	-2,332	-	-	-
Divestitures	-	1,992	-	-	-
Investment in Securities	-	-	10.48	0.23	-
Other Investing Activities	1,775	1,041	306.56	195.4	44.06
Investing Cash Flow	-9,006	-6,781	-7,277	-5,515	-5,372
Long-Term Debt Issued	17,246	16,822	12,557	18,032	23,908
Long-Term Debt Repaid	-15,285	-18,915	-16,358	-15,899	-23,593
Net Debt Issued (Repaid)	1,961	-2,093	-3,801	2,134	314.42
Common Dividends Paid	-	-	-0	-0.12	-0.2
Other Financing Activities	2,117	542.68	-	-	-
Financing Cash Flow	4,079	-1,550	-3,801	2,133	314.23
Net Cash Flow	3,625	6,540	-90.34	2,948	24.46
Free Cash Flow	-2,234	7,377	3,385	587.02	-346.36
Free Cash Flow Growth	-	117.92%	476.67%	-	-
Free Cash Flow Margin	-2.73%	11.76%	6.30%	1.21%	-0.69%
Free Cash Flow Per Share	-0.02	0.08	0.04	0.01	-0.00
Cash Interest Paid	3,018	2,876	1,905	2,183	1,076
Cash Income Tax Paid	1,040	196.79	-108.57	47.77	343.69
Levered Free Cash Flow	-3,810	-898.49	-2,405	233.41	19.13
Unlevered Free Cash Flow	-2,003	836.71	-1,257	1,528	623.07
Change in Working Capital	-1,418	436.68	-52.1	1,266	-1,439

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