Financial highlights |
||||||
---|---|---|---|---|---|---|
RUB mln |
2Q |
2Q |
Chng |
1H |
1H |
Chng |
Revenue |
88,682 |
59,938 |
48.0% |
176,261 |
123,996 |
42.2% |
EBITDA* |
38,785 |
19,126 |
102.8% |
73,094 |
39,864 |
83.4% |
EBITDA margin |
43.7% |
31.9% |
11.8 pp |
41.5% |
32.1% |
9.3 pp |
Net profit |
30,308 |
20,879 |
45.2% |
48,652 |
5,291 |
819.5% |
Adj. net profit** |
24,099 |
5,646 |
326.8% |
45,328 |
22,237 |
103.8% |
Free cash flow |
19,002 |
2,021 |
840.2% |
34,217 |
20,274 |
68.8% |
30.06.2021 |
31.12.2021 |
|||||
Net debt |
126,343 |
156,875 |
||||
ND/LTM EBITDA |
1.07x |
1.86x |
Cost of sales |
|||||||
---|---|---|---|---|---|---|---|
RUB million or % |
2Q |
2Q |
Chng |
1H 2021 |
1H 2020 |
Chng |
|
Amortisation |
5,578 |
5,997 |
-7.0% |
12,338 |
12,223 |
0.9% |
|
Materials and services |
10,378 |
9,510 |
9.1% |
22,522 |
20,320 |
10.8% |
|
Phosphate rock transport |
1,953 |
1,976 |
-1.2% |
4,237 |
4,236 |
0.0% |
|
Repair expenses |
2,748 |
2,351 |
16.9% |
5,637 |
4,767 |
18.3% |
|
Drilling and blasting costs |
822 |
720 |
14.2% |
1,807 |
1,489 |
21.4% |
|
Other materials and services |
4,855 |
4,463 |
8.8% |
10,841 |
9,828 |
10.3% |
|
Raw materials |
12,946 |
8,267 |
56.6% |
24,737 |
18,303 |
35.2% |
|
Ammonia |
2,798 |
1,076 |
160.0% |
4,879 |
2,267 |
115.2% |
|
Sulphur and sulph. acid |
4,016 |
1,063 |
277.8% |
6,062 |
2,258 |
168.5% |
|
Potassium |
3,038 |
2,820 |
7.7% |
6,299 |
6,026 |
4.5% |
|
Natural gas |
2,886 |
3,124 |
-7.6% |
6,876 |
6,921 |
-0.7% |
|
Ammonium sulphate |
208 |
184 |
13.0% |
621 |
831 |
-25.3% |
|
Salaries and social contributions |
3,325 |
3,527 |
-5.7% |
7,559 |
7,114 |
6.3% |
|
Electricity |
1,410 |
1,530 |
-7.8% |
3,211 |
3,236 |
-0.8% |
|
Fuel |
1,217 |
903 |
34.8% |
2,723 |
2,047 |
33.0% |
|
Products for resale |
1,980 |
1,666 |
18.8% |
5,293 |
4,755 |
11.3% |
|
Customs duties |
396 |
204 |
94.1% |
1,138 |
564 |
101.8% |
|
Freight, port and stevedoring expenses |
6,327 |
4,564 |
38.6% |
12,817 |
9,064 |
41.4% |
|
Russian Railways’ tariffs and operators’ fees |
2,475 |
2,935 |
-15.7% |
5,599 |
5,917 |
-5.4% |
|
Other |
286 |
184 |
55.4% |
589 |
406 |
45.1% |
|
Total |
46,318 |
39,287 |
17.9% |
98,526 |
83,949 |
17.4% |
Administrative and selling expenses |
||||||
---|---|---|---|---|---|---|
RUB mln |
2Q |
2Q |
Chng |
1H |
1H |
Chng |
Administrative expenses |
4,997 |
4,150 |
20.4% |
9,889 |
8,802 |
12.3% |
Salaries and social contributions |
3,281 |
2,646 |
24.0% |
6,442 |
5,728 |
12.5% |
Professional services |
414 |
534 |
-22.5% |
838 |
953 |
-12.1% |
Amortisation |
336 |
342 |
-1.8% |
692 |
678 |
2.1% |
Other |
966 |
628 |
53.8% |
1,917 |
1,443 |
32.8% |
Selling and marketing expenses |
1,684 |
1,402 |
20.1% |
3,284 |
3,020 |
8.7% |
Salaries and social contributions |
936 |
713 |
31.3% |
1,910 |
1,582 |
20.7% |
Materials and services |
353 |
336 |
5.1% |
588 |
693 |
-15.2% |
Amortisation |
395 |
353 |
11.9% |
786 |
745 |
5.5% |