Mechel PAO Cash Flow Statement

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

Millions RUB. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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
Net Income	-37,121	22,321	62,948	80,570	808
Depreciation & Amortization	19,670	15,833	14,357	13,685	15,109
Loss (Gain) From Sale of Assets	7,299	-171	41	-1,130	-
Asset Writedown & Restructuring Costs	8,033	8,663	2,826	3,302	4,350
Provision & Write-off of Bad Debts	5,496	900	846	-	-
Other Operating Activities	41,429	23,746	19,627	-707	21,785
Change in Accounts Receivable	-16,757	-2,713	-4,529	-8,692	-236
Change in Inventory	3,201	-14,669	-5,009	-24,079	-5,283
Change in Accounts Payable	11,336	1,399	-9,641	-6,120	1,137
Change in Income Taxes	19,572	7,119	4,285	10,583	4,580
Change in Other Net Operating Assets	-476	1,897	-7,703	5,925	-479
Operating Cash Flow	61,682	64,325	78,048	73,538	37,949
Operating Cash Flow Growth	-4.11%	-17.58%	6.13%	93.78%	-34.18%
Capital Expenditures	-17,322	-23,344	-12,551	-6,208	-4,883
Sale of Property, Plant & Equipment	146	416	271	332	119
Divestitures	-	-	-	-15	-
Other Investing Activities	-3,735	986	919	436	89,108
Investing Cash Flow	-20,099	-21,925	-11,185	-5,452	84,383
Long-Term Debt Issued	51,627	77,427	38,862	16,210	77,829
Long-Term Debt Repaid	-61,090	-113,797	-75,560	-45,936	-179,543
Total Debt Repaid	-61,090	-113,797	-75,560	-45,936	-179,543
Net Debt Issued (Repaid)	-9,463	-36,370	-36,698	-29,726	-101,714
Repurchase of Common Stock	-	-	-	-	-844
Preferred Dividends Paid	-	-	-	-98	-292
Dividends Paid	-	-	-	-98	-292
Other Financing Activities	-40,735	-25,715	-24,767	-19,367	-23,254
Financing Cash Flow	-50,198	-62,085	-61,465	-49,191	-126,104
Foreign Exchange Rate Adjustments	-845	-149	871	-237	-61
Miscellaneous Cash Flow Adjustments	-90	300	-270	-19	28
Net Cash Flow	-9,550	-19,534	5,999	18,639	-3,805
Free Cash Flow	44,360	40,981	65,497	67,330	33,066
Free Cash Flow Growth	8.24%	-37.43%	-2.72%	103.62%	-35.32%
Free Cash Flow Margin	11.45%	10.10%	15.09%	16.75%	12.46%
Free Cash Flow Per Share	109.59	101.24	161.81	166.34	80.14
Cash Interest Paid	40,013	22,357	24,494	19,403	22,912
Cash Income Tax Paid	5,463	10,045	8,133	11,540	1,335
Levered Free Cash Flow	19,809	4,895	35,610	25,997	16,671
Unlevered Free Cash Flow	46,469	22,011	52,578	39,070	31,132
Change in Working Capital	16,876	-6,967	-22,597	-22,383	-281

Updated Feb 21, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.