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Summer Garden Investor Presentation

INVESTOR PRESENTATION CASH FLOW ANALYSIS OPERATING CASH FLOW(1) RUB mln 34 7,226 +26% 9,109 FREE CASH FLOW(1) RUB mln 4,570 +59% 7,267 ■ Operating cash flow adjusted for cash collections on escrow increased by 26% to RUB 9.1 bln Free cash flow adjusted for cash collections on escrow increased by 59% to 7.3 bln in 1H 2021 In 1H 2021, cash collections on escrow accounts amounted to RUB 14.3 bln, with a cumulative balance of RUB 37.9 bln at 30 June 2021 (924) (5,212) (3,580) 1H 20 1H 21 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. 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 1H 20 (7,054) 1H 21 Cash collections on escrow accounts ■Free cash flow (FCF) (2)
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