L ( period length )
year ended
year ended
note
31 december 2022
31 december 2021
profit for the year
284903
198 886
adjustments net interest fee and commission and other operating income
and gains from financial services activities
-2230
-360
depreciation depletion and amortization
48547
42 663
income tax expense
82274
58 420
expected credit losses on financial assets net of reversal
-2200
78
impairment losses on property plant and equipment and
other non-financial assets net of reversal
30408
3 576
loss on disposals of interests in subsidiaries and associates
income from changes in the fair value of financial assets
measured at fair value through profit or loss net
-897
-3 382
effects of foreign exchange
-1269
-268
share of results of associates and joint ventures net
-288
-11
interest income -excluding financial services
-7771
-3 962
interest expense net of amounts capitalised -excluding
financial services
5952
6 304
changes in operational working capital related to operating activities excluding cash
accounts receivable
-24694
-4 559
inventories
-11482
-32 467
prepaid expenses and other current assets
-2708
-10 748
securities at fair value through profit or loss
200
-49
accounts payable and accrued liabilities
2265
15 114
taxes payable other than income tax
-16511
58 441
net cash provided by operating activities before income tax
and interest -excluding financial services
397410
329 219
net interest fee and commission and other operating income
and gains from financial services
2230
360
adjustments net expense/-income on creating/-reversal of provision for
credit losses associated with debt financial assets
1501
-543
provision/-reversal of provision for losses on credit related
change in fair value of debt financial assets through profit or
changes in operational working capital related to financial services excluding cash
mandatory reserve deposits with the bank of russia
1051
99
due from banks
6285
-1 334
loans to customers
-23915
-36 841
due to banks and the bank of russia
-22215
12 007
customer accounts
80205
3 391
promissory notes issued
-250
-43
securities at fair value through profit or loss
-3054
2 316
other financial liabilities at fair value through profit or loss
-6377
5 299
net cash provided by/-used in operating activities from
financial services before income tax
34693
-14 235
income taxes paid
-79243
-48 900
interest paid -excluding financial services
-2324
-2 434
interest received -excluding financial services
7162
3 844
net cash provided by operating activities
357698
267 494
the accompanying notes are an integral part of these consolidated financial statements
tatneft consolidated statement of cash flows -in million of russian rubles
note
31 december 2022
31 december 2021
additions to property plant and equipment
-160895
-119 106
proceeds from disposal of property plant and equipment
456
1 593
acquisition and increase of interest in associate
-119
-12
net cash flow from acquisitions of subsidiaries
-24455
-6 589
net cash flow from disposal of subsidiaries
-2991
-
purchase of securities at fair value through other comprehensive
purchase of securities at amortised cost
-15825
-5 018
proceeds from disposal of securities at fair value through other
comprehensive income
7323
25 830
proceeds from redemption of securities at amortised cost
8990
12 368
proceeds from sale of non-current assets held for sale
297
316
proceeds from investments in associates and joint ventures
-
7
proceeds from redemption of bank deposits measured at amortised
placement of bank deposits measured at amortised cost
-12750
-86 083
proceeds from redemption of bank deposits measured at fair value
through profit or loss
40567
30 480
placement of bank deposits measured at fair value through profit
proceeds from redemption of loans and notes receivable
2593
9 164
issuance of loans and notes receivable
-5527
-598
net cash flow from currency swaps
550
1 904
advance payment for acquisition of other non-current assets
-14730
-
-acquisition/proceeds from sale of other non-current assets
-1020
4 658
proceeds from government grants
9767
15 803
net cash used in investing activities
-117054
-172 638
proceeds from issuance of debt -excluding financial services
1488
9 338
repayment of debt -excluding financial services
-3091
-9 689
repayment of principal portion of lease liabilities
-1125
-1 440
redemption of bonds
-18318
-1 713
promissory notes issued
11400
-
dividends paid to shareholders
-122338
-64 804
dividends paid to non-controlling shareholders
-30
-47
net cash used in financing activities
-132014
-68 305
net change in cash and cash equivalents
108630
26 551
effect of foreign exchange on cash and cash equivalents
-7253
-169
cash and cash equivalents at the beginning of the year
66487
40 105
cash and cash equivalents at the end of the period
167864
66 487
