Investor Presentaiton
INVESTOR PRESENTATION
15
CASH FLOW
ANALYSIS
OPERATING CASH FLOW(1)
RUB mln
FREE CASH FLOW(1)
RUB mln
14,028
13,336
FY 19
+91%
26,786
3,906
FY 20
FY cash collections on escrow accounts
■Operating cash flow (OCF) less interest paid
Source: IFRS Financial statements, y-o-y change was calculated without rounding
(1) Incl. FY cash collections in escrow accounts
(2) Free cash flow is calculated as profit for the year adjusted for depreciation, share-based payments,
impairments, interest, taxation, change in working capital, and change in invested capital
(16,624)
22,292
(588)
■ Operating cash flow
adjusted for cash
collections on escrow
increased twofold to
RUB 26.8 bln
Free cash flow adjusted for
cash collections on escrow
returned to positive zone
and reached RUB 22.3 bln
in 2020
In 2020, cash collections
on escrow accounts
amounted to RUB 22.9 bln,
with a cumulative balance
of RUB 23.6 bln at 31
December 2020
(15,932)
FY 19
FY 20
FY cash collections on escrow accounts
■Free cash flow (FCF) (2)View entire presentation