Investor Presentaiton
Cashflow statement
mln RUB
2011
2012
2013
2014
mln RUB
2011
2012
2013
2014
Operating Activities
Investing Activities
Profit for the period
7,440
5,000
6,664
8,369
Proceeds from disposal of non-current assets
117
71
15
66
Adjustments for
Interest received
140
552
611
823
Depreciation
265
417
343
417
Acquisition of PP&E
(726) (844)
(431)
(653)
Gain on disposal of PP&E
(92)
(49)
(15)
(52)
Loans given
(253) (371)
(55)
(178)
Loss on disposal of subsidiaries
1
28
Loans repaid
234
363
85
174
Gain on disposal of equity
(24)
accounted investees
Acquisition of subsidiaries, net of cash
acquired
10
Impairment loss on investment
280
property
Disposal of subsidiaries, net of cash disposed
of
(8)
Impairment loss on inventories
466
Finance income, net
(1,425)
(544)
Income tax expense
1,585
1,526
(337)
1,833
(1,164)
2,026
(Acquisition)/disposal of other investments
Net cash used in investing activities
Financing activities
(17)
(1,027) (5,506) 1,606 3,038
(1,532) (5,743) 1,821 3,277
(20)
7
Cash from operating activities
Proceeds from IPO
13,487
7,750
6,378
8,488
10,342
before changes in working capital
Acquisition of non-controlling interest
(3)
(3)
(10)
(83)
Change in inventories
(5,308) (7,633) (7,837)
(6,890)
Change in accounts receivable
(2,893) (3,024) (5,080)
(1,427)
Proceeds from disposal of non-controlling
interest
24
Change in accounts payable
(818)
4,074
4,880
1,184
Proceeds from borrowings
Change in provisions
367
(992)
1,109
594
Repayments of borrowings
Change in other currents assets
24
3
25
(59)
Acquisition of own shares
6,353 12,140 5,937
(4,821) (5,552) (9,668)
(459)
10,763
(8,498)
(13)
16
Income tax paid
(1,897)
Interest paid
Net cash from/(used in) operating
activities
(3,873)
(1,833) (907)
(1,098) (1,097) (1,724)
(4,124) (1,046)
(1,645)
(1,588)
Dividends paid
(1,124)
Net cash from/(used in) financing activities
14,581
511
Net increase/(decrease) in cash and cash
equivalents
Effect of FX rate fluctuations
Source: IFRS financial statements for 2011, 2012, 2013, 2014
ā Etalon
Etalon Group
Cash & cash equivalents at the end of the
period
14,484
6,572 (3,741)
9,176 (3,295) (2,966)
1,672 (473)
10,716 8,139 14,631
1,074
4,862
389 1,630
37View entire presentation