Mechel PAO (MOEX: MTLR)

Mechel PAO 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	405,884	405,884	434,045	402,074	265,454	287,153
Revenue Growth (YoY)	-6.49%	-6.49%	7.95%	51.47%	-7.56%	-5.48%
Cost of Revenue	250,340	250,340	255,886	223,993	170,605	183,086
Gross Profit	155,544	155,544	178,159	178,081	94,849	104,067
Selling, General & Admin	82,164	82,164	76,976	70,586	65,800	63,209
Other Operating Expenses	899	899	75	1,284	2,489	3,860
Operating Expenses	84,011	84,011	77,897	72,071	68,438	67,309
Operating Income	71,533	71,533	100,262	106,010	26,411	36,758
Interest Expense	-27,386	-27,386	-27,149	-20,917	-23,137	-32,448
Interest & Investment Income	820	820	918	394	119	179
Earnings From Equity Investments	51	51	5	-7	20	28
Currency Exchange Gain (Loss)	-34,981	-34,981	7,734	7,924	-36,338	18,140
Other Non Operating Income (Expenses)	-1,615	-1,615	-2,348	-2,039	-1,649	-1,335
EBT Excluding Unusual Items	8,422	8,422	79,422	91,365	-34,574	21,322
Impairment of Goodwill	-6,510	-6,510	-	-	-3,324	-3,139
Gain (Loss) on Sale of Assets	333	333	200	1,333	42	31
Asset Writedown	-2,461	-2,461	-3,026	-3,505	-1,027	362
Legal Settlements	1,691	1,691	-360	-315	-2,463	-96
Other Unusual Items	23,493	23,493	3,399	252	3,721	508
Pretax Income	24,968	24,968	79,635	89,130	-37,625	18,988
Income Tax Expense	721	721	14,464	6,511	2,528	7,913
Earnings From Continuing Operations	24,247	24,247	65,171	82,619	-40,153	11,075
Earnings From Discontinued Operations	-	-	-	-	41,609	-6,790
Net Income to Company	24,247	24,247	65,171	82,619	1,456	4,285
Minority Interest in Earnings	-1,926	-1,926	-2,223	-2,049	-648	-1,876
Net Income	22,321	22,321	62,948	80,570	808	2,409
Net Income to Common	22,321	22,321	62,948	80,570	808	2,409
Net Income Growth	-64.54%	-64.54%	-21.87%	9871.53%	-66.46%	-80.92%
Shares Outstanding (Basic)	405	405	405	405	413	416
Shares Outstanding (Diluted)	405	405	405	405	413	416
Shares Change (YoY)	-	-	-	-1.89%	-0.88%	-0.00%
EPS (Basic)	55.14	55.14	155.51	199.05	1.96	5.79
EPS (Diluted)	55.14	55.14	155.51	199.05	1.96	5.79
EPS Growth	-64.54%	-64.54%	-21.87%	10064.02%	-66.16%	-80.92%
Free Cash Flow	40,981	40,981	65,497	67,330	33,066	51,120
Free Cash Flow Per Share	101.24	101.24	161.81	166.34	80.14	122.81
Gross Margin	38.32%	38.32%	41.05%	44.29%	35.73%	36.24%
Operating Margin	17.62%	17.62%	23.10%	26.37%	9.95%	12.80%
Profit Margin	5.50%	5.50%	14.50%	20.04%	0.30%	0.84%
Free Cash Flow Margin	10.10%	10.10%	15.09%	16.75%	12.46%	17.80%
EBITDA	81,022	81,022	109,683	116,319	37,689	49,237
EBITDA Margin	19.96%	19.96%	25.27%	28.93%	14.20%	17.15%
D&A For EBITDA	9,489	9,489	9,421	10,309	11,278	12,479
EBIT	71,533	71,533	100,262	106,010	26,411	36,758
EBIT Margin	17.62%	17.62%	23.10%	26.37%	9.95%	12.80%
Effective Tax Rate	2.89%	2.89%	18.16%	7.31%	-	41.67%

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