PAO NOVATEK (MOEX:NVTK)

PAO NOVATEK Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2021	FY 2020
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2021	Dec 31, 2020
Net Income	175,994	183,027	493,491	463,031	432,927	67,832
Depreciation & Amortization	-	-	-	-	56,599	39,238
Loss (Gain) From Sale of Assets	-	-	-	-	-662	-69
Asset Writedown & Restructuring Costs	-	-	-	-	576	110
Loss (Gain) From Sale of Investments	-	-	-	-	2,600	49,512
Loss (Gain) on Equity Investments	-	-	-	-	-232,277	143,981
Provision & Write-off of Bad Debts	-	-	-	-	1,332	144
Other Operating Activities	325,416	320,301	-136,349	-29,715	183,093	-111,963
Change in Accounts Receivable	-	-	-	-	-78,254	-13,766
Change in Inventory	-	-	-	-	-9,739	2,565
Change in Accounts Payable	-	-	-	-	59,078	-8,615
Change in Other Net Operating Assets	-21,522	-	-	-	4,193	2,927
Operating Cash Flow	479,888	503,328	357,142	433,316	419,466	171,896
Operating Cash Flow Growth	-4.66%	40.93%	-17.58%	3.30%	144.02%	-44.09%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2021	FY 2020
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2021	Dec 31, 2020
Capital Expenditures	-	-	-	-	-191,251	-204,577
Divestitures	-	-	-	-	806	195,479
Sale (Purchase) of Intangibles	-	-	-	-	-14,986	-1,698
Investment in Securities	-	-	-	-	-1,737	43,057
Other Investing Activities	-101,906	-128,871	-260,700	-285,754	-45,967	-80,133
Investing Cash Flow	-101,906	-128,871	-260,700	-285,754	-253,135	-47,872

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2021	FY 2020
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2021	Dec 31, 2020
Short-Term Debt Issued	-	-	-	-	6,545	477
Long-Term Debt Issued	-	-	-	-	24,919	45,395
Total Debt Issued	-	-	-	-	31,464	45,872
Short-Term Debt Repaid	-	-	-	-	-	-441
Long-Term Debt Repaid	-	-	-	-	-79,871	-10,584
Total Debt Repaid	-	-	-	-	-79,871	-11,025
Net Debt Issued (Repaid)	-	-	-	-	-48,407	34,847
Repurchase of Common Stock	-	-	-	-	-12,963	-8,271
Common Dividends Paid	-	-	-	-	-154,332	-89,857
Other Financing Activities	-298,778	-195,920	-76,064	-188,742	-22,196	-14,794
Financing Cash Flow	-298,778	-195,920	-76,064	-188,742	-237,898	-78,075

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2021	FY 2020
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2021	Dec 31, 2020
Foreign Exchange Rate Adjustments	-1,871	-19,048	397	33,346	-2,220	20,518
Net Cash Flow	77,333	159,489	20,775	-7,834	-73,787	66,467

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2021	FY 2020
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2021	Dec 31, 2020
Free Cash Flow	479,888	503,328	357,142	433,316	228,215	-32,681
Free Cash Flow Growth	-4.66%	40.93%	-17.58%	89.87%	-	-
Free Cash Flow Margin	32.48%	34.82%	23.10%	31.59%	21.48%	-4.98%
Free Cash Flow Per Share	-	-	-	-	76.03	-10.88
Levered Free Cash Flow	125,479	129,792	238,749	-	-102,102	80,670
Unlevered Free Cash Flow	151,606	155,919	238,749	-	-96,812	83,756

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2021	FY 2020
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2021	Dec 31, 2020
Cash Interest Paid	-	-	-	-	2,253	2,402
Cash Income Tax Paid	-	-	-	-	28,208	41,000
Change in Working Capital	-21,522	-	-	-	-24,722	-16,889

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 4, 2026

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