RAS Financial Statements and Auditor’s Report

Balance sheet, ‘000 RUB

Indicator Line code As at 31 December 2023 As at 31 December 2022 As at 31 December 2021
ASSET
I. NON‑CURRENT ASSETS
Intangible assets 11100 547,594 416,791 488,040
Including:
  • intangible assets
 11110 193,588 412,163 478,885
  • capital investments in intangible assets
 11120 341,518 4,566 8,663
  • advances made
 11199 12,488 61 491
R&D results 11200 59,798 43,083 33,850
Including:
  • research, development and engineering
 11210 ‑ ‑ ‑
  • capital investments in research, development and engineering
 11220 32,620 43,083 33,850
  • advances made
 11299 27,178 ‑ ‑
Intangible exploration assets 11300 ‑ ‑ ‑
Tangible exploration assets 11400 ‑ ‑ ‑
Fixed assets 11500 339,275,912 311,617,468 296,335,287
Including:
  • fixed assets
 11510 327,144,273 297,201,259 278,983,651
including:
  • buildings, machinery and equipment, vehicles
 11511 322,433,757 293,215,122 275,127,001
  • structures and transmission equipment
 11512 3,232,120 3,325,303 3,327,776
  • other fixed assets
 11519 1,478,395 660,834 528,873
  • capital investments in fixed assets
 11520 11,181,065 11,466,087 17,125,209
  • advances made
 11599 950,574 2,950,122 226,427
Income‑bearing investments in tangible assets 11600 ‑ ‑ ‑
Financial investments 11700 1,247,137 1,247,137 1,298,274
Including:
  • contributions to equities (share capitals) of other entities
 11710 1,247,137 1,247,137 1,247,137
  • loans issued and bank deposits
 11720 ‑ ‑ 51,137
  • other financial investments
 11790 ‑ ‑ ‑
  • prepayments
 11799 ‑ ‑ ‑
Deferred tax assets 11800 1,835,684 4,203,962 4,766,934
Other non‑current assets 11900 2,872,739 702,169 1,110,401
Total for Section I 11000 345,838,864 318,230,610 304,032,786
II. CURRENT ASSETS
Inventories 12100 10,383,618 6,049,474 4,290,080
Including:
  • supplies, materials and other similar valuables
 12110 10,319,284 6,021,456 4,166,941
  • rearers and fatteners
 12120 ‑ ‑ ‑
  • work‑in‑progress costs
 12130 6,301 12,678 42,987
  • finished products and goods for resale
 12140 8,019 6,797 11,757
  • goods dispatched
 12150 ‑ ‑ ‑
  • prepaid expenses
 12160 50,014 8,543 68,395
  • other inventories and costs
 12190 ‑ ‑ ‑
Value added tax on acquired valuables 12200 13,784 20,815 12,739
Receivables 12300 25,527,314 24,164,222 22,151,080
Including:
  • receivables due in more than 12 months from the reporting date
 12310 6,117,570 7,911,712 8,645,558
including:
  • trade receivables (except for rail services)
 12311 6,117,570 7,891,672 8,611,634
  • trade receivables (for rail services)
 12312 ‑ ‑ ‑
  • advances made
 12313 ‑ 9,829 27,743
  • other receivables
 12319 ‑ 10,211 6,181
  • receivables due within 12 months from the reporting date
 12320 19,409,744 16,252,510 13,505,523
including:
  • trade receivables (except for rail services)
 12321 2,502,536 2,530,716 1,781,707
  • trade receivables (for rail services)
 12322 2,226,575 1,883,228 2,559,250
  • advances made
 12323 1,048,706 1,200,642 524,473
  • "taxes and charges, social insurance and social security"
 12324 12,714,872 9,708,566 7,937,874
  • other receivables
 12329 917,055 929,358 702,219
Financial investments (excluding cash equivalents) 12400 ‑ ‑ ‑
Including: ‑
  • loans issued and bank deposits
 12410 ‑ ‑ ‑
  • other financial investments
 12490 ‑ ‑ ‑
Cash and cash equivalents 12500 9,397,355 8,811,052 2,963,909
Including:
  • cash on hand
 12510 44,629 36,848 35,433
  • cash at bank
 12520 552,494 668,114 788,132
  • cash in foreign currency accounts
 12530 0 10,368 11,997
  • cash in special accounts
 12540 771,407 1,704,201 28,010
  • cash equivalents
 12550 6,817,476 5,600,000 1,600,000
  • other cash and cash in transit
 12590 1,211,350 791,522 500,337
Other current assets 12600 584,509 1,087,205 799,605
Total for Section II 12000 45,906,579 40,132,768 30,217,414
Balance 16000 391,745,443 358,363,378 334,250,200
LIABILITIES
III. EQUITY AND RESERVES
Authorised capital 13100 263,588,839 248,588,839 221,961,041
Treasury shares 13200 ‑ ‑ ‑
Revaluation of non‑current assets 13400 ‑ ‑ ‑
Additional paid‑in capital (excluding revaluation) 13500 10,054,693 10,076,698 10,112,790
Including:
  • share premium
 13510 ‑ ‑ ‑
  • contributions to share capital
 13520 ‑ ‑ ‑
  • other equity
 13590 10,054,693 10,076,698 10,112,790
Reserve capital 13600 2,200,098 1,648,168 1,648,168
Including:
  • statutory reserves
 13610 2,200,098 1,648,168 1,648,168
  • "reserves under constituent documents"
 13620 ‑ ‑ ‑
Retained earnings (accumulated deficit) 13700 11,054,645 (9,502,463) (20,577,166)
Total for Section III 13000 286,898,276 250,811,242 213,144,833
IV. NON‑CURRENT LIABILITIES
Loans and borrowings 14100 31,500,000 41,500,000 48,500,000
Including:
  • loans maturing in more than 12 months from the reporting date
 14110 16,000,000 16,000,000 10,000,000
  • borrowings maturing in more than 12 months from the reporting date
 14120 15,500,000 25,500,000 38,500,000
Deferred tax liabilities 14200 ‑ ‑ ‑
Provisions 14300 ‑ ‑ ‑
Other liabilities 14500 2,433,453 146,936 779,097
of these: deferred income 14510 56,296 73,069 96,498
Total for Section IV 14000 33,933,453 41,646,936 49,279,097
V. CURRENT LIABILITIES
Loans and borrowings 15100 10,499,374 25,600,399 16,657,339
Including:
  • loans maturing within 12 months from the reporting date
 15110 23,211 12,020,022 6,006,762
  • borrowings maturing within 12 months from the reporting date
 15120 10,476,163 13,580,378 10,650,576
Payables 15200 48,207,361 33,610,098 49,627,569
Including:
  • trade payables
 15210 24,487,904 13,091,647 38,063,383
  • salaries payable
 15220 2,917,306 2,365,428 1,428,095
  • taxes and charges, social insurance and social security
 15230 3,262,412 4,692,801 1,301,498
  • advances received (excluding tail services)
 15240 455,279 861,092 347,063
  • advances received for rail services
 15250 14,913,073 10,698,443 7,032,599
  • dividends payable
 15260 ‑ ‑ ‑
  • other receivables
 15290 2,171,386 1,900,688 1,454,930
Deferred income 15300 16,395 16,401 13,870
Provisions 15400 11,724,547 6,001,600 4,976,675
Other liabilities 15500 466,037 676,701 550,817
Total for Section V 15000 70,913,714 65,905,200 71,826,270
Balance 17000 391,745,443 358,363,378 334,250,200

The Annual Report of JSC FPC was prepared on the basis of the audited RAS financial statements for 2023.

Statement of financial results, RUB ‘000

Indicator Line code For January — December 2023 For January — December 2022
Revenue 21100 315,788,825 250,456,808
Cost of sales 21200 274,882,115 226,009,606
Including: ‑ ‑
Gross profit (loss) 21000 40,906,710 24,447,202
Selling expenses 22100 249 60
Administrative expenses 22200 11,096,332 10,168,879
Profit (loss) from sales 22000 29,810,129 14,278,263
Income from participation in other entities 23100 88,186 ‑
Interest receivable 23200 1,872,791 1,150,590
Interest payable 23300 5,347,070 6,102,358
Other income 23400 13,769,396 20,142,059
Other expenses 23500 13,093,543 15,744,356
Profit (loss) before tax 23000 27,099,889 13,724,198
Income tax 24100 ‑5,999,874 ‑2,640,983
Including:
  • current income tax
 24110 ‑3,631,597 ‑2,078,011
  • deferred income tax
 24120 ‑2,368,277 ‑562,972
Other 24600 ‑13,318 ‑44,604
Net profit (loss) 24000 21,086,697 11,038,611
Gain/loss from revaluation of non‑current assets, excluded from the net profit (loss) for the period 25100 ‑ ‑
Gain/loss from other operations, excluded from the net profit (loss) for the period 25200 ‑ ‑
Income tax on transactions that are not included in the net profit (loss) of the period 25300 ‑ ‑
Total financial result for the period 25000 21,086,697 11,038,611
FOR REFERENCE
Basic earnings (loss) per share 29000 ‑ ‑
Diluted earnings (loss) per share 29100 ‑ ‑