Nauka-Telecom 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	3.79	278.86	371.18	13.57	119.02
Depreciation & Amortization	443.6	395.29	348.92	170.01	102.91
Other Amortization	-	6.32	7.7	8.06	3.96
Loss (Gain) From Sale of Assets	45.12	71.8	173.33	63.91	8.05
Provision & Write-off of Bad Debts	20.69	62.72	-97.67	-31.59	36.86
Other Operating Activities	33.15	-6.65	-49.21	-41.89	-42.12
Change in Accounts Receivable	2,237	-1,305	-1,644	36.46	-43.63
Change in Inventory	-1,785	-945.98	-306.1	-94.62	-109.46
Change in Accounts Payable	-1,847	1,653	411.98	28.6	127.83
Change in Other Net Operating Assets	2.2	-235.64	45.64	-57.74	59.19
Operating Cash Flow	-846.38	-25.59	-738.5	94.78	262.61
Operating Cash Flow Growth	-	-	-	-63.91%	68.75%
Capital Expenditures	-364.23	-344.93	-106.32	-142.16	-298.24
Sale of Property, Plant & Equipment	-	6.25	-	1.26	-
Cash Acquisitions	-1.5	-330.11	-758.84	7.09	2.72
Other Investing Activities	-	-	-	-0	-17.14
Investing Cash Flow	-368.45	-668.79	-861.16	-133.32	-289.81
Long-Term Debt Issued	8,493	4,885	3,597	974.72	809.26
Long-Term Debt Repaid	-7,460	-3,986	-3,238	-1,024	-785.47
Net Debt Issued (Repaid)	1,033	899.8	358.58	-49.76	23.8
Issuance of Common Stock	-	-	1,273	101	-
Repurchase of Common Stock	-	-0.01	-	-	-
Other Financing Activities	0.01	-0	0	-	-
Financing Cash Flow	1,033	899.79	1,632	51.25	23.8
Net Cash Flow	-182.1	205.41	32.05	12.7	-3.41
Free Cash Flow	-1,211	-370.52	-844.82	-47.38	-35.63
Free Cash Flow Margin	-16.59%	-4.19%	-13.21%	-2.99%	-2.38%
Free Cash Flow Per Share	-77.10	-23.60	-53.80	-10.08	-7.58
Cash Interest Paid	-	424.26	219.35	64.42	41.27
Cash Income Tax Paid	-	84	45.63	8.74	4.65
Levered Free Cash Flow	-1,241	-524.25	-2,654	290.23	-286.89
Unlevered Free Cash Flow	-739.65	-218.26	-2,525	337.26	-261.09
Change in Working Capital	-1,393	-833.94	-1,493	-87.3	33.95

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