L ( period length )
year ended
year ended
note
31 december 2023
31 december 2022
profit for the year
286263
284 903
adjustments net interest fee and commission and other operating expenses/-income and losses/-gains from financial
services activities
7922
-2 230
depreciation depletion and amortization
60647
48 547
income tax expense
79244
82 274
expected credit losses on financial assets net of reversal
566
-2 200
impairment losses on property plant and equipment and
other non-financial assets net of reversal
21732
30 408
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
-158
-897
gain from purchase
-19111
-
effects of foreign exchange
2264
-1 269
share of results of associates and joint ventures net
-2395
-288
interest income -excluding financial services
-10367
-7 771
interest expense net of amounts capitalised -excluding
financial services
21025
5 952
changes in operational working capital related to operating activities excluding cash
accounts receivable
-91661
-24 694
inventories
-30396
-11 482
prepaid expenses and other current assets
-25204
-2 708
securities at fair value through profit or loss
167
200
accounts payable and accrued liabilities
37787
2 265
taxes payable other than income tax
68859
-16 511
net cash provided by operating activities before income tax
and interest -excluding financial services
408121
397 410
net interest fee and commission and other operating
-expenses/income and -losses/gains from financial services
-7922
2 230
adjustments net expense on creating of provision for credit losses on debt
financial assets
10414
1 501
provision for losses on credit related commitments
21
170
changes in operational working capital related to financial services excluding cash
mandatory reserve deposits with the bank of russia
-525
1 051
due from banks
-1548
6 285
loans to customers
-27558
-23 915
due to banks and the bank of russia
24562
-22 215
customer accounts
-24012
80 205
promissory notes issued
-66
-250
securities at fair value through profit or loss
3083
-3 054
other financial liabilities at fair value through profit or loss
14049
-6 377
net cash -used in/provided by operating activities from
financial services before income tax
-9502
34 693
income taxes paid
-78939
-79 243
interest paid -excluding financial services
-2077
-2 324
interest received -excluding financial services
9029
7 162
net cash provided by operating activities
326632
357 698
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 2023
31 december 2022
additions to property plant and equipment
-223599
-160 895
proceeds from disposal of property plant and equipment
317
456
sale/-acquisition of interest in associate
80
-119
net cash flow from acquisitions of subsidiaries
-39684
-24 455
net cash flow from disposal of subsidiaries
-
-2 991
purchase of securities at fair value through other comprehensive
purchase of securities at amortised cost
-4664
-15 825
proceeds from disposal of securities at fair value through other
comprehensive income
8876
7 323
proceeds from redemption of securities at amortised cost
13750
8 990
proceeds from sale of non-current assets held for sale
871
297
proceeds from redemption of bank deposits measured at amortised
placement of bank deposits measured at amortised cost
-
-12 750
proceeds from redemption of bank deposits measured at fair value
through profit or loss
1687
40 567
placement of bank deposits measured at fair value through profit
proceeds from redemption of loans
5038
2 593
issuance of loans
-43047
-5 527
net cash flow from currency swaps
-
550
advance payment for acquisition of other non-current assets
-8203
-14 730
advance repayment for acquisition of other non-current assets
5607
-
acquisition of other non-current assets
-3408
-1 020
proceeds from government grants
7489
9 767
net cash used in investing activities
-296908
-117 054
proceeds from issuance of debt -excluding financial services
57373
1 488
repayment of debt -excluding financial services
-61933
-3 091
repayment of principal portion of lease liabilities
-4563
-1 125
redemption of bonds
-2008
-18 318
promissory notes issued
-
11 400
dividends paid to shareholders
-141304
-132 876
unclaimed dividends
30956
10 538
dividends paid to non-controlling shareholders
-100
-30
proceeds from disposal of treasury shares
11
-
net cash used in financing activities
-121568
-132 014
net change in cash and cash equivalents
-91844
108 630
effect of foreign exchange on cash and cash equivalents
8095
-7 253
cash and cash equivalents at the beginning of the year
167864
66 487
cash and cash equivalents at the end of the period
84115
167 864
