PhosAgro 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	114,205	84,430	86,084	184,662	129,697
Depreciation & Amortization	40,712	36,546	32,282	29,539	27,676
Loss (Gain) From Sale of Assets	202	-70	365	429	198
Other Operating Activities	-36,430	20,406	21,162	-3,408	686
Change in Accounts Receivable	-18,961	-45,712	6,063	7,498	-38,667
Change in Inventory	-8,603	-13,263	-11,624	-12,308	-10,855
Change in Accounts Payable	1,989	10,380	-46	-3,131	17,490
Operating Cash Flow	93,114	92,717	134,286	203,281	126,225
Operating Cash Flow Growth	0.43%	-30.96%	-33.94%	61.05%	50.74%
Capital Expenditures	-76,576	-79,854	-66,128	-63,997	-49,092
Divestitures	-	-	-	-36,729	-
Investment in Securities	-	-	-	1,778	-
Other Investing Activities	2,804	18,700	2,007	3,092	724
Investing Cash Flow	-71,686	-63,731	-64,078	-98,986	-48,368
Long-Term Debt Issued	223,099	212,336	172,906	57,171	61,622
Long-Term Debt Repaid	-189,042	-156,409	-156,722	-25,355	-52,031
Net Debt Issued (Repaid)	34,057	55,927	16,184	31,816	9,591
Common Dividends Paid	-47,420	-109,756	-94,669	-142,120	-72,260
Other Financing Activities	6	3,132	17,285	9	-
Financing Cash Flow	-13,357	-50,697	-61,200	-110,295	-62,669
Foreign Exchange Rate Adjustments	-3,788	2,946	6,799	-2,354	-1,938
Net Cash Flow	4,283	-18,765	15,807	-8,354	13,250
Free Cash Flow	16,538	12,863	68,158	139,284	77,133
Free Cash Flow Growth	28.57%	-81.13%	-51.07%	80.58%	85.24%
Free Cash Flow Margin	2.88%	2.53%	15.48%	24.46%	18.34%
Free Cash Flow Per Share	127.71	99.33	526.32	1075.55	595.62
Cash Interest Paid	23,400	14,670	7,378	5,275	4,945
Cash Income Tax Paid	34,430	20,953	29,777	41,811	28,806
Levered Free Cash Flow	2,937	-37,415	97,973	82,719	49,404
Unlevered Free Cash Flow	16,929	-28,065	102,638	85,511	52,094
Change in Working Capital	-25,575	-48,595	-5,607	-7,941	-32,032

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