PJSC Tatneft (MOEX: TATN)

PJSC Tatneft Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,896,339	1,589,082	1,427,147	1,205,267	795,815	932,296
Revenue Growth (YoY)	41.13%	11.35%	18.41%	51.45%	-14.64%	2.39%
Cost of Revenue	755,963	600,497	376,535	310,197	285,488	245,310
Gross Profit	1,140,376	988,585	1,050,612	895,070	510,327	686,986
Selling, General & Admin	113,950	106,819	77,514	76,581	68,504	62,508
Other Operating Expenses	574,375	478,391	508,623	534,439	259,773	311,089
Operating Expenses	759,487	656,113	633,960	655,581	372,413	409,768
Operating Income	380,889	332,472	416,652	239,489	137,914	277,218
Interest Expense	-45,949	-35,333	-19,021	-13,043	-15,348	-17,525
Interest & Investment Income	46,643	34,960	29,551	17,410	18,690	23,785
Earnings From Equity Investments	3,358	2,395	288	11	-258	127
Currency Exchange Gain (Loss)	-9,126	25,526	-21,698	2,448	5,693	-137
Other Non Operating Income (Expenses)	1,856	2,047	2,811	1,587	2,177	-
EBT Excluding Unusual Items	377,671	362,067	408,583	247,902	148,868	283,468
Gain (Loss) on Sale of Investments	158	158	897	3,382	-5,180	-210
Gain (Loss) on Sale of Assets	-1,958	-1,958	-346	-982	-830	-41
Asset Writedown	110	-13,871	-29,166	-2,403	-5,813	-30,875
Other Unusual Items	1,277	19,111	-	-	-	-
Pretax Income	377,258	365,507	379,968	247,899	137,045	252,342
Income Tax Expense	87,280	79,244	80,730	56,411	34,472	59,524
Earnings From Continuing Operations	289,978	286,263	299,238	191,488	102,573	192,818
Earnings From Discontinued Operations	-	-	-14,335	7,398	-	-
Net Income to Company	289,978	286,263	284,903	198,886	102,573	192,818
Minority Interest in Earnings	1,129	1,658	-331	-474	917	-558
Net Income	291,107	287,921	284,572	198,412	103,490	192,260
Net Income to Common	291,107	287,921	284,572	198,412	103,490	192,260
Net Income Growth	0.89%	1.18%	43.42%	91.72%	-46.17%	-9.23%
Shares Outstanding (Basic)	2,251	2,251	2,251	2,251	2,251	2,251
Shares Outstanding (Diluted)	2,251	2,251	2,251	2,251	2,251	2,251
EPS (Basic)	129.32	127.91	126.42	88.14	45.98	85.41
EPS (Diluted)	129.32	127.91	126.42	88.14	45.98	85.41
EPS Growth	0.89%	1.18%	43.42%	91.72%	-46.17%	-9.23%
Free Cash Flow	225,210	103,033	196,803	148,388	95,698	152,812
Free Cash Flow Per Share	100.05	45.77	87.43	65.92	42.51	67.89
Dividend Per Share	98.540	87.880	67.280	-	22.240	64.470
Dividend Growth	52.31%	30.62%	-	-	-65.50%	-24.07%
Gross Margin	60.14%	62.21%	73.62%	74.26%	64.13%	73.69%
Operating Margin	20.09%	20.92%	29.19%	19.87%	17.33%	29.73%
Profit Margin	15.35%	18.12%	19.94%	16.46%	13.00%	20.62%
Free Cash Flow Margin	11.88%	6.48%	13.79%	12.31%	12.03%	16.39%
EBITDA	447,390	399,808	465,199	280,419	176,644	310,283
EBITDA Margin	23.59%	25.16%	32.60%	23.27%	22.20%	33.28%
D&A For EBITDA	66,501	67,336	48,547	40,930	38,730	33,065
EBIT	380,889	332,472	416,652	239,489	137,914	277,218
EBIT Margin	20.09%	20.92%	29.19%	19.87%	17.33%	29.73%
Effective Tax Rate	23.14%	21.68%	21.25%	22.76%	25.15%	23.59%

Source: S&P Capital IQ. Standard template. Financial Sources.