MOEX:MRSB Cash Flow Statement

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

Millions RUB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Net Income	190.51	212.59	144.47	95.16	142.02	72.82	Upgrade
Depreciation & Amortization	-101.14	-99.35	-72.05	-79.64	58.34	47.05	Upgrade
Change in Accounts Receivable	-112.64	4.23	-122.23	26.31	-	-	Upgrade
Change in Inventory	1.87	4.37	14.77	1.01	-	-	Upgrade
Change in Accounts Payable	-383.34	-207.52	135.32	-78.9	-	-	Upgrade
Other Operating Activities	847.5	348.22	294.16	247.28	-15.45	135.22	Upgrade
Operating Cash Flow	436.61	262.54	394.44	211.23	184.91	255.09	Upgrade
Operating Cash Flow Growth	-	-33.44%	86.74%	14.24%	-27.52%	154.34%	Upgrade
Capital Expenditures	-129.45	-116.99	-96.89	-78.49	-68.2	-108.52	Upgrade
Sale of Property, Plant & Equipment	-	-	-	0.68	1.2	0.02	Upgrade
Investment in Securities	-	-	-	-	-26	-25	Upgrade
Other Investing Activities	29.97	30	0.4	0.26	-	-	Upgrade
Investing Cash Flow	-219.48	-147.99	-96.49	-77.55	-66.52	-94.44	Upgrade
Short-Term Debt Issued	-	-	-	-	1,985	1,760	Upgrade
Total Debt Issued	-	-	-	-	1,985	1,760	Upgrade
Short-Term Debt Repaid	-	-	-	-	-1,945	-1,835	Upgrade
Total Debt Repaid	-	-	-	-	-1,945	-1,835	Upgrade
Net Debt Issued (Repaid)	-	-	-	-	40	-75	Upgrade
Common Dividends Paid	-	-	-	-0.95	-79.82	-30.35	Upgrade
Other Financing Activities	302.16	-116.47	-316.6	-135.72	-65.07	-32.22	Upgrade
Financing Cash Flow	302.16	-116.47	-316.6	-136.67	-104.9	-137.57	Upgrade
Net Cash Flow	-2.48	-1.92	-18.65	-2.99	13.49	23.09	Upgrade
Free Cash Flow	307.16	145.55	297.56	132.74	116.71	146.57	Upgrade
Free Cash Flow Growth	-	-51.08%	124.17%	13.73%	-20.37%	123.86%	Upgrade
Free Cash Flow Margin	3.48%	1.74%	3.90%	1.96%	1.68%	2.09%	Upgrade
Free Cash Flow Per Share	0.23	0.11	0.22	0.10	0.09	0.11	Upgrade
Cash Interest Paid	42.96	42.96	31.14	61.68	40.9	41.17	Upgrade
Cash Income Tax Paid	74.25	74.25	78.8	17.11	63.96	26.17	Upgrade
Levered Free Cash Flow	149.5	-6.89	244.09	185.18	-46.59	88.97	Upgrade
Unlevered Free Cash Flow	218.47	25.45	267.36	224.93	-20.86	114.46	Upgrade
Change in Working Capital	-500.25	-198.91	27.86	-51.57	-	-	Upgrade

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