RAS Financial Statements and Auditor's Report

Balance sheet, RUB '000
Indicator Line code As at 31 December 2024 As at 31 December 2023 As at 31 December 2022
Asset
I. Non‑current assets
Intangible assets 11100 1,588,412 1,000,827 416,791
Including:
  • intangible assets
 11110 733,386 587,024 412,163
  • capital investments in intangible assets
 11120 811,732 374,137 4,566
  • advances made
 11199 43,294 39,666 62
R&D results 11200 – – 43,083
Including:
  • research, development and engineering
 11210 – – –
  • capital investments in research, development and engineering
 11220 ‑ – 43,083
  • advances made
 11299 – – –
Intangible exploration assets 11300 – – –
Tangible exploration assets 11400 – – –
Fixed assets 11500 391,801,032 339,275,912 311,617,468
Including:
  • fixed assets
 11510 378,747,135 327,144,273 297,201,259
including:
  • buildings, machinery and equipment, vehicles
 11511 372,994,036 322,433,757 293,215,122
  • structures and transmission equipment
 11512 3,093,613 3,232,120 3,325,303
  • other fixed assets
 11519 2,659,486 1,478,396 660,834
  • capital investments in fixed assets
 11520 12,035,993 11,181,065 11,466,087
  • advances made
 11599 1,017,904 950,574 2,950,122
Income‑bearing investments in tangible assets 11600 – – –
Financial investments 11700 1,247,137 1,247,137 1,247,137
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 – – –
  • other financial investments
 11790 – – –
  • prepayments
 11799 – – –
Deferred tax assets 11800 4,623 1,846,369 4,203,962
Other non‑current assets 11900 2,280,896 2,475,893 702,169
Total for Section I 11000 396,922,100 345,846,138 318,230,610
II. Current assets
Inventories 12100 11,399,639 10,333,604 6,049,474
Including:
  • supplies, materials and other similar valuables
 12110 11,348,851 10,319,284 6,021,456
  • rearers and fatteners
 12120 – – –
  • work‑in‑progress costs
 12130 33,914 6,301 12,678
  • finished products and goods for resale
 12140 16,874 8,019 6,797
  • goods dispatched
 12150 – – –
  • prepaid expenses
 12160 – – 8,543
  • other inventories and costs
 12190 – – –
Value added tax on acquired valuables 12200 16,085 13,784 20,815
Receivables 12300 28,260,085 25,527,314 24,164,222
Including:
  • receivables due in more than 12 months from the reporting date
 12310 5,463,260 6,117,570 7,911,712
including:
  • trade receivables (except for rail services)
 12311 5,418,419 6,117,570 7,891,672
  • trade receivables (for rail services)
 12312 – – –
  • advances made
 12313 10,564 – 9,829
  • other receivables
 12319 34,277 – 10,211
  • receivables due within 12 months from the reporting date
 12320 22,796,825 19,409,744 16,252,510
including:
  • trade receivables (except for rail services)
 12321 2,710,022 2,502,536 2,530,716
  • trade receivables (for rail services)
 12322 2,463,890 2,226,575 1,883,228
  • advances made
 12323 1,161,429 1,048,706 1,200,642
  • taxes and charges, social insurance and social security
 12324 15,289,765 12,714,872 9,708,566
  • other receivables
 12329 1,171,719 917,055 929,358
Financial investments (excluding cash equivalents) 12400 – – –
Including:
  • loans issued and bank deposits
 12410 – – –
  • other financial investments
 12490 – – –
Cash and cash equivalents 12500 2,433,364 9,397,355 8,811,052
Including:
  • cash on hand
 12510 48,065 44,629 36,848
  • cash at bank
 12520 788,777 552,494 668,114
  • cash in foreign currency accounts
 12530 182 – 10,368
  • cash in special accounts
 12540 16,643 771,407 1,704,201
  • cash equivalents
 12550 – 6,817,476 5,600,000
  • other cash and cash in transit
 12590 1,579,697 1,211,349 791,522
  • Other current assets
 12600 421,593 584,509 1,087,205
Total for Section II 12000 42,530,766 45,856,565 40,132,768
Balance 16000 439,452,866 391,702,703 358,363,378
Liabilities
III. Equity and reserves
Authorised capital 13100 263,588,839 263,588,839 248,588,839
Treasury shares 13200 – – –
Revaluation of non‑current assets 13400 – – –
Additional paid‑in capital (excluding revaluation) 13500 9,735,525 10,054,693 10,076,698
Including:
  • share premium
 13510 – – –
  • contributions to share capital
 13520 – – –
  • other equity
 13590 9,735,525 10,054,693 10,076,698
Reserve capital 13600 3,254,433 2,200,098 1,648,168
Including:
  • statutory reserves
 13610 3,254,433 2,200,098 1,648,168
  • reserves formed in compliance with statutory documents
 13620 – – –
Retained earnings (accumulated deficit) 13700 34,361,123 11,011,905 (9,502,463)
Total for Section III 13000 310,939,920 286,855,835 250,811,242
IV. Non‑current liabilities
Loans and borrowings 14100 43,000,000 31,500,000 41,500,000
Including:
  • loans maturing in more than 12 months from the reporting date
 14110 33,000,000 16,000,000 16,000,000
  • borrowings maturing in more than 12 months from the reporting date
 14120 10,000,000 15,500,000 25,500,000
Deferred tax liabilities 14200 1,637,205 – –
Provisions 14300 – – –
Other liabilities 14500 2,271,381 2,433,453 146,936
of these:
  • deferred income
 14510 42,651 56,296 73,069
  • lease liabilities
 14520 – – –
  • debt on capital investments with deferred (instalment) payment terms
 14530 – – –
  • advances received for rail services
 14540 – – –
Total for Section IV 14000 46,908,586 33,933,453 41,646,936
V. Current liabilities
Loans and borrowings 15100 5,859,531 10,499,374 25,600,399
Including:
  • loans maturing within 12 months from the reporting date
 15110 29,705 23,211 12,020,021
  • borrowings maturing within 12 months from the reporting date
 15120 5,829,826 10,476,163 13,580,378
Payables 15200 55,947,257 48,207,361 33,610,098
Including:
  • trade payables
 15210 26,107,086 24,487,904 13,091,647
of these:
  • debt on capital investments with deferred (instalment) payment terms
 15211 – – –
  • salaries payable
 15220 5,031,780 2,917,306 2,365,428
  • taxes and charges, social insurance and social security
 15230 3,090,638 3,262,412 4,692,801
  • advances received (excluding tail services)
 15240 264,270 455,279 861,092
  • advances received for rail services
 15250 18,906,371 14,913,073 10,698,443
  • dividends payable
 15260 – – –
  • other receivables
 15290 2,547,112 2,171,387 1,900,687
Deferred income 15300 17,656 16,395 16,401
Provisions 15400 19,227,065 11,724,547 6,001,600
Other liabilities 15500 552,851 466,038 676,702
of these:
  • lease liabilities
 15510 – – –
  • Obligations under supply finance agreements
 15520 – – –
Total for Section V 15000 81,604,360 70,913,715 65,905,200
Balance 17000 439,452,866 391,702,703 358,363,378

JSC FPC's Annual Report has been prepared on the basis of audited RAS financial statements for 2024.

You can find the annual financial statements and the auditor's report for 2024 on FPC's website – fpc.ru in the To Shareholders and Investors section

MED 1
Statement of Financial Results, RUB ‘000
Indicator Line code For January — December 2024 For January — December 2023
Revenue 21100 372,880,151 315,788,825
Cost of sales 21200 323,727,550 274,882,115
Gross profit (loss) 21000 49,152,601 40,906,710
Selling expenses 22100 3 249
Administrative expenses 22200 12,164,112 11,096,332
Profit (loss) from sales 22000 36,988,486 29,810,129
Income from participation in other entities 23100 166,371 88,186
Interest receivable 23200 1,786,989 1,872,791
Interest payable 23300 6,047,281 5,347,070
Other income 23400 14,414,074 13,769,396
Other expenses 23500 14,917,104 13,093,543
Profit (loss) before tax 23000 32,391,535 27,099,889
Income tax 24100 6,690,945 5,999,874
Including:
  • current income tax
 24110 3,526,603 3,631,597
  • deferred income tax
 24120 3,164,342 2,368,277
out of which:
  • recalculation due to rate changes
 24121 11,907 –
Other 24600 402,139 13,318
Net profit (loss) 24000 26,102,729 21,086,697
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 314,609 –
Out of which:
  • recalculation due to rate changes
 25301 314,609 –
Total financial result for the period 25000 25,788,120 21,086,697
For reference
Basic earnings (loss) per share 29000 – –
Diluted earnings (loss) per share 29100 – –