MOEX:TORS Cash Flow Statement

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

Millions RUB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Net Income	235.19	220.08	388.08	326.77	21.56	-370.92	Upgrade
Depreciation & Amortization	505.14	502.77	481.24	520.79	504.41	532.32	Upgrade
Other Amortization	33.32	32	30.36	24	17.43	-	Upgrade
Loss (Gain) on Sale of Assets	1.94	12.7	-2.28	3.81	2.52	-	Upgrade
Change in Accounts Receivable	-88.58	-59.1	69.81	-252.11	-14.29	-	Upgrade
Change in Inventory	-28.23	-6.18	-10.39	14.27	-8.37	-	Upgrade
Change in Accounts Payable	111.03	-6.85	-75.51	221.98	5.21	-	Upgrade
Change in Other Net Operating Assets	21.29	22.12	-17.34	-23.32	21.7	-	Upgrade
Other Operating Activities	66.29	43.81	33.29	68.62	-171.51	62.13	Upgrade
Operating Cash Flow	859	776.89	927.69	909.83	388.84	223.53	Upgrade
Operating Cash Flow Growth	-23.76%	-16.26%	1.96%	133.98%	73.96%	-69.51%	Upgrade
Capital Expenditures	-963.5	-957.49	-827.15	-609.85	-558.2	-563.69	Upgrade
Sale of Property, Plant & Equipment	-	-	0.44	-	0.43	1.03	Upgrade
Other Investing Activities	50.61	58.36	53.64	12.67	6.56	-	Upgrade
Investing Cash Flow	-912.89	-899.14	-773.08	-597.18	-551.21	-562.66	Upgrade
Long-Term Debt Issued	-	-	-	965.45	397.04	74.07	Upgrade
Long-Term Debt Repaid	-	-19.73	-11.02	-1,097	-285.08	-74.07	Upgrade
Net Debt Issued (Repaid)	-23.83	-19.73	-11.02	-131.11	111.96	-	Upgrade
Common Dividends Paid	-106.16	-106.16	-138.84	-12.46	-0.06	-43.07	Upgrade
Other Financing Activities	4.95	4.95	-	-	-	-	Upgrade
Financing Cash Flow	-125.04	-120.93	-149.85	-143.57	111.9	-43.07	Upgrade
Net Cash Flow	-178.92	-243.18	4.76	169.08	-50.47	-382.2	Upgrade
Free Cash Flow	-104.5	-180.6	100.54	299.98	-169.36	-340.16	Upgrade
Free Cash Flow Growth	-	-	-66.48%	-	-	-	Upgrade
Free Cash Flow Margin	-1.01%	-1.81%	1.08%	3.57%	-2.32%	-5.14%	Upgrade
Free Cash Flow Per Share	-0.02	-0.04	0.02	0.07	-0.04	-0.08	Upgrade
Cash Interest Paid	29.6	30.24	6.38	16.38	12.53	1.32	Upgrade
Cash Income Tax Paid	41.53	38.45	36.69	26.65	3.66	-	Upgrade
Levered Free Cash Flow	-232.15	-293.56	-83.22	206.69	-8.73	-172.57	Upgrade
Unlevered Free Cash Flow	-213.35	-274.37	-79.24	215.89	-0.94	-171.75	Upgrade
Change in Working Capital	15.52	-50.01	-33.42	-39.18	4.24	-	Upgrade

Updated Mar 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.