RussNeft Income 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
Revenue	218,242	300,108	238,725	290,862	269,371
Revenue Growth (YoY)	-27.28%	25.71%	-17.93%	7.98%	102.24%
Cost of Revenue	155,732	57,644	51,194	104,487	95,160
Gross Profit	62,510	242,464	187,531	186,375	174,211
Selling, General & Admin	22,409	20,582	18,008	17,340	15,808
Other Operating Expenses	4,999	151,018	118,577	128,165	99,522
Operating Expenses	28,483	174,261	143,418	148,993	117,808
Operating Income	34,027	68,203	44,113	37,382	56,403
Interest Expense	-17,300	-11,937	-16,382	-7,660	-7,148
Interest & Investment Income	-	10,211	7,759	5,018	4,376
Earnings From Equity Investments	-2,802	-582	-	-	-
Currency Exchange Gain (Loss)	-4,733	3,644	1,426	-3,246	-4,872
Other Non Operating Income (Expenses)	10,449	2,483	-3,420	-1,438	-2,244
EBT Excluding Unusual Items	19,641	72,022	33,496	30,056	46,515
Impairment of Goodwill	-	-	-20	-1,834	-
Gain (Loss) on Sale of Investments	-	-1,797	-9,209	-1,026	593
Gain (Loss) on Sale of Assets	-	1,209	-5,955	-362	351
Other Unusual Items	-	2,338	52	-149	-231
Pretax Income	19,641	73,772	18,364	26,685	47,228
Income Tax Expense	-4,165	21,099	12,517	6,548	14,447
Earnings From Continuing Operations	23,806	52,673	5,847	20,137	32,781
Minority Interest in Earnings	112	1,672	14,594	309	-406
Net Income	23,918	54,345	20,441	20,446	32,375
Preferred Dividends & Other Adjustments	-	8,728	10,628	4,593	4,330
Net Income to Common	23,918	45,617	9,813	15,853	28,045
Net Income Growth	-55.99%	165.86%	-0.02%	-36.85%	-
Shares Outstanding (Basic)	224	279	294	294	294
Shares Outstanding (Diluted)	332	279	294	294	294
Shares Change (YoY)	19.07%	-5.10%	-	-	-
EPS (Basic)	106.78	163.50	33.38	53.92	95.39
EPS (Diluted)	72.00	163.50	33.38	53.92	95.39
EPS Growth	-55.96%	389.86%	-38.10%	-43.47%	-
Free Cash Flow	-3,909	30,220	41,323	18,293	20,866
Free Cash Flow Per Share	-11.77	108.31	140.55	62.22	70.97
Gross Margin	28.64%	80.79%	78.55%	64.08%	64.67%
Operating Margin	15.59%	22.73%	18.48%	12.85%	20.94%
Profit Margin	10.96%	15.20%	4.11%	5.45%	10.41%
Free Cash Flow Margin	-1.79%	10.07%	17.31%	6.29%	7.75%
EBITDA	39,173	74,698	65,861	55,243	70,177
EBITDA Margin	17.95%	24.89%	27.59%	18.99%	26.05%
D&A For EBITDA	5,146	6,495	21,748	17,861	13,774
EBIT	34,027	68,203	44,113	37,382	56,403
EBIT Margin	15.59%	22.73%	18.48%	12.85%	20.94%
Effective Tax Rate	-	28.60%	68.16%	24.54%	30.59%

Updated Dec 31, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.