GMK Noril'skiy Nikel' PAO
MOEX:GMKN
Income Statement
Earnings Waterfall
GMK Noril'skiy Nikel' PAO
Revenue
|
1.2T
RUB
|
Cost of Revenue
|
-606.4B
RUB
|
Gross Profit
|
625.3B
RUB
|
Operating Expenses
|
-137.3B
RUB
|
Operating Income
|
488B
RUB
|
Other Expenses
|
-277.4B
RUB
|
Net Income
|
210.7B
RUB
|
Income Statement
GMK Noril'skiy Nikel' PAO
Mar-2004 | Jun-2004 | Dec-2004 | Jun-2005 | Dec-2005 | Jun-2006 | Dec-2006 | Jun-2007 | Dec-2007 | Jun-2008 | Dec-2008 | Jun-2009 | Dec-2009 | Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
168 470
N/A
|
181 950
+8%
|
202 568
+11%
|
199 548
-1%
|
202 953
+2%
|
227 401
+12%
|
322 326
+42%
|
412 000
+28%
|
437 038
+6%
|
430 283
-2%
|
546 676
+27%
|
482 461
-12%
|
319 428
-34%
|
362 383
+13%
|
388 223
+7%
|
420 614
+8%
|
414 696
-1%
|
386 249
-7%
|
384 257
-1%
|
379 084
-1%
|
366 176
-3%
|
389 442
+6%
|
456 013
+17%
|
534 596
+17%
|
506 140
-5%
|
494 762
-2%
|
548 564
+11%
|
529 414
-3%
|
536 753
+1%
|
634 298
+18%
|
728 915
+15%
|
794 843
+9%
|
877 769
+10%
|
928 554
+6%
|
1 116 969
+20%
|
1 320 188
+18%
|
1 316 948
0%
|
1 346 492
+2%
|
1 184 477
-12%
|
1 044 209
-12%
|
1 231 711
+18%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(86 220)
|
(89 226)
|
(91 575)
|
(85 649)
|
(84 737)
|
(83 583)
|
(94 841)
|
(110 148)
|
(149 493)
|
(185 637)
|
(279 218)
|
(280 233)
|
(179 017)
|
(164 348)
|
(148 240)
|
(161 669)
|
(169 945)
|
(174 195)
|
(197 845)
|
(209 067)
|
(219 123)
|
(223 836)
|
(226 601)
|
(237 544)
|
(234 688)
|
(250 339)
|
(282 050)
|
(273 064)
|
(266 539)
|
(287 752)
|
(320 711)
|
(337 010)
|
(335 051)
|
(341 857)
|
(365 590)
|
(402 087)
|
(428 112)
|
(481 873)
|
(482 466)
|
(492 662)
|
(606 368)
|
|
Gross Profit |
82 250
N/A
|
92 724
+13%
|
110 993
+20%
|
113 899
+3%
|
118 216
+4%
|
143 818
+22%
|
227 485
+58%
|
301 852
+33%
|
287 545
-5%
|
244 646
-15%
|
267 458
+9%
|
202 227
-24%
|
140 409
-31%
|
198 033
+41%
|
239 982
+21%
|
258 944
+8%
|
244 749
-5%
|
212 053
-13%
|
186 412
-12%
|
170 017
-9%
|
147 053
-14%
|
165 606
+13%
|
229 412
+39%
|
297 052
+29%
|
271 452
-9%
|
244 423
-10%
|
266 514
+9%
|
256 350
-4%
|
270 214
+5%
|
346 546
+28%
|
408 204
+18%
|
457 833
+12%
|
542 718
+19%
|
586 697
+8%
|
751 379
+28%
|
918 101
+22%
|
888 836
-3%
|
864 619
-3%
|
702 011
-19%
|
551 547
-21%
|
625 343
+13%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(24 989)
|
(28 313)
|
(29 341)
|
(27 328)
|
(25 413)
|
(29 067)
|
(36 809)
|
(41 530)
|
(50 307)
|
(53 400)
|
(70 194)
|
(57 027)
|
(28 213)
|
(25 113)
|
(40 342)
|
(50 272)
|
(54 552)
|
(53 638)
|
(57 795)
|
(48 846)
|
(41 495)
|
(45 947)
|
(42 066)
|
(45 487)
|
(54 912)
|
(58 914)
|
(46 451)
|
(56 239)
|
(71 402)
|
(70 825)
|
(67 067)
|
(64 371)
|
(87 979)
|
(105 861)
|
(109 851)
|
(121 733)
|
(162 969)
|
(176 869)
|
(143 377)
|
(135 316)
|
(137 301)
|
|
Selling, General & Administrative |
(23 608)
|
(24 029)
|
(24 944)
|
(23 920)
|
(23 814)
|
(26 361)
|
(29 554)
|
(33 652)
|
(40 566)
|
(42 504)
|
(58 055)
|
(49 229)
|
(24 194)
|
(26 440)
|
(32 715)
|
(41 415)
|
(48 539)
|
(47 504)
|
(49 434)
|
(41 876)
|
(31 809)
|
(34 383)
|
(36 051)
|
(35 271)
|
(35 456)
|
(39 157)
|
(40 331)
|
(43 305)
|
(48 485)
|
(55 578)
|
(59 288)
|
(61 299)
|
(64 429)
|
(65 589)
|
(69 147)
|
(74 411)
|
(80 256)
|
(96 620)
|
(102 203)
|
(96 658)
|
(104 051)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(339)
|
(815)
|
(811)
|
(1 056)
|
(1 282)
|
(1 169)
|
(939)
|
(699)
|
(712)
|
(857)
|
(1 034)
|
(1 025)
|
(1 181)
|
(1 151)
|
(987)
|
(1 022)
|
(1 002)
|
(1 149)
|
(1 319)
|
(1 324)
|
(1 529)
|
(1 871)
|
(2 194)
|
(2 405)
|
(3 391)
|
(4 471)
|
(4 427)
|
(4 807)
|
(5 604)
|
(6 061)
|
(6 488)
|
(7 067)
|
(8 212)
|
(9 243)
|
|
Other Operating Expenses |
(1 381)
|
(4 284)
|
(4 397)
|
(3 408)
|
(1 599)
|
(2 707)
|
(7 257)
|
(7 540)
|
(8 926)
|
(10 084)
|
(11 083)
|
(6 514)
|
(2 850)
|
2 266
|
(6 929)
|
(8 145)
|
(5 155)
|
(5 100)
|
(7 336)
|
(5 789)
|
(8 535)
|
(10 577)
|
(4 993)
|
(9 214)
|
(18 307)
|
(18 438)
|
(4 796)
|
(11 405)
|
(21 046)
|
(13 053)
|
(5 374)
|
319
|
(19 079)
|
(35 845)
|
(35 897)
|
(41 718)
|
(76 652)
|
(73 761)
|
(34 107)
|
(30 446)
|
(24 007)
|
|
Operating Income |
57 261
N/A
|
64 411
+12%
|
81 652
+27%
|
86 571
+6%
|
92 803
+7%
|
114 750
+24%
|
190 675
+66%
|
260 322
+37%
|
237 238
-9%
|
191 246
-19%
|
197 263
+3%
|
145 200
-26%
|
112 198
-23%
|
172 921
+54%
|
199 640
+15%
|
208 673
+5%
|
190 198
-9%
|
158 415
-17%
|
128 617
-19%
|
121 171
-6%
|
105 558
-13%
|
119 659
+13%
|
187 346
+57%
|
251 565
+34%
|
216 540
-14%
|
185 509
-14%
|
220 063
+19%
|
200 111
-9%
|
198 812
-1%
|
275 721
+39%
|
341 137
+24%
|
393 462
+15%
|
454 739
+16%
|
480 836
+6%
|
641 528
+33%
|
796 368
+24%
|
725 867
-9%
|
687 750
-5%
|
558 634
-19%
|
416 231
-25%
|
488 042
+17%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(4 703)
|
(4 693)
|
(4 816)
|
(5 463)
|
(4 544)
|
(14 074)
|
(8 020)
|
9 950
|
10 272
|
15 893
|
11 033
|
(10 294)
|
(3 783)
|
7 177
|
11 229
|
2 965
|
(12 915)
|
(5 521)
|
(17 530)
|
(28 627)
|
(11 244)
|
(4 832)
|
(52 545)
|
(57 474)
|
(58 632)
|
(39 056)
|
13 932
|
(4 250)
|
(8 098)
|
(39 599)
|
(87 908)
|
(14 143)
|
16 078
|
(95 889)
|
(104 819)
|
(30 649)
|
(14 547)
|
143 236
|
3 009
|
(265 437)
|
(152 358)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(339)
|
(47 734)
|
(51 702)
|
(121 933)
|
(118 121)
|
5 130
|
0
|
(460)
|
0
|
(7 329)
|
(7 819)
|
(8 772)
|
(29 083)
|
(50 727)
|
(32 335)
|
(14 353)
|
(12 083)
|
(20 558)
|
(20 332)
|
(13 216)
|
(14 725)
|
(12 434)
|
(11 384)
|
(3 249)
|
(3 207)
|
1 608
|
(146 690)
|
(178 701)
|
(28 413)
|
(21 958)
|
(36 478)
|
(12 588)
|
(171)
|
(13 532)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
(3 316)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
(3 316)
|
0
|
996
|
35
|
(1 222)
|
(587)
|
(5 686)
|
(5 360)
|
(3 236)
|
(5 912)
|
(4 240)
|
(4 200)
|
(4 411)
|
(4 459)
|
(6 849)
|
(5 110)
|
(2 068)
|
(2 073)
|
(1 729)
|
(1 695)
|
(2 015)
|
(2 711)
|
(3 269)
|
(3 370)
|
(5 803)
|
(8 695)
|
(7 841)
|
(9 347)
|
(8 964)
|
16 038
|
8 487
|
(22 741)
|
(18 193)
|
(7 741)
|
(18 427)
|
(10 972)
|
538
|
(11 486)
|
|
Pre-Tax Income |
52 558
N/A
|
59 718
+14%
|
73 520
+23%
|
77 792
+6%
|
88 259
+13%
|
101 672
+15%
|
182 690
+80%
|
268 711
+47%
|
199 190
-26%
|
149 752
-25%
|
81 003
-46%
|
13 549
-83%
|
107 633
+694%
|
175 858
+63%
|
206 209
+17%
|
207 227
+0%
|
165 495
-20%
|
138 226
-16%
|
97 206
-30%
|
61 394
-37%
|
41 514
-32%
|
80 763
+95%
|
118 753
+47%
|
179 993
+52%
|
134 639
-25%
|
122 852
-9%
|
217 409
+77%
|
175 333
-19%
|
169 585
-3%
|
216 897
+28%
|
240 633
+11%
|
367 148
+53%
|
488 463
+33%
|
246 744
-49%
|
335 267
+36%
|
719 113
+114%
|
681 621
-5%
|
776 081
+14%
|
538 083
-31%
|
151 161
-72%
|
310 666
+106%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(16 926)
|
(17 574)
|
(20 042)
|
(22 607)
|
(23 716)
|
(25 926)
|
(48 642)
|
(67 987)
|
(62 894)
|
(53 970)
|
(30 634)
|
(12 861)
|
(25 882)
|
(38 538)
|
(47 099)
|
(50 099)
|
(42 884)
|
(38 348)
|
(31 009)
|
(24 702)
|
(17 968)
|
(22 119)
|
(25 353)
|
(38 414)
|
(30 583)
|
(29 004)
|
(49 965)
|
(41 662)
|
(42 219)
|
(48 052)
|
(52 858)
|
(79 803)
|
(100 883)
|
(54 186)
|
(71 475)
|
(139 536)
|
(168 742)
|
(201 731)
|
(108 740)
|
(18 082)
|
(58 897)
|
|
Income from Continuing Operations |
35 632
|
42 144
|
53 478
|
55 185
|
64 543
|
75 746
|
134 048
|
200 724
|
136 296
|
95 782
|
50 369
|
688
|
81 751
|
137 319
|
159 108
|
157 127
|
122 611
|
99 879
|
66 197
|
36 691
|
23 546
|
58 644
|
93 400
|
141 579
|
104 056
|
93 848
|
167 444
|
133 671
|
127 366
|
168 845
|
187 775
|
287 345
|
387 580
|
192 558
|
263 792
|
579 577
|
512 879
|
574 350
|
429 343
|
133 079
|
251 769
|
|
Income to Minority Interest |
(141)
|
283
|
608
|
284
|
83
|
26
|
644
|
144
|
1 262
|
1 847
|
2 805
|
1 977
|
(1 603)
|
(1 304)
|
6 413
|
6 116
|
(628)
|
734
|
830
|
420
|
292
|
(132)
|
106
|
507
|
1 083
|
1 175
|
392
|
302
|
443
|
1 539
|
1 677
|
(7 309)
|
(11 970)
|
(9 761)
|
(18 415)
|
(30 678)
|
(34 016)
|
(23 961)
|
(27 518)
|
(40 634)
|
(41 100)
|
|
Net Income (Common) |
35 493
N/A
|
42 428
+20%
|
54 086
+27%
|
55 888
+3%
|
66 732
+19%
|
104 933
+57%
|
162 165
+55%
|
200 867
+24%
|
137 558
-32%
|
97 629
-29%
|
53 175
-46%
|
2 666
-95%
|
80 149
+2 906%
|
136 498
+70%
|
99 764
-27%
|
80 970
-19%
|
105 949
+31%
|
100 613
-5%
|
67 027
-33%
|
37 111
-45%
|
23 838
-36%
|
58 512
+145%
|
93 506
+60%
|
142 086
+52%
|
105 139
-26%
|
95 023
-10%
|
167 836
+77%
|
133 973
-20%
|
127 809
-5%
|
170 384
+33%
|
189 452
+11%
|
280 036
+48%
|
375 610
+34%
|
182 797
-51%
|
245 377
+34%
|
548 899
+124%
|
478 863
-13%
|
550 389
+15%
|
401 825
-27%
|
92 445
-77%
|
210 669
+128%
|
|
EPS (Diluted) |
168.21
N/A
|
201.08
+20%
|
256.33
+27%
|
273.96
+7%
|
337.03
+23%
|
555.2
+65%
|
858.01
+55%
|
1 109.76
+29%
|
751.68
-32%
|
516.55
-31%
|
285.88
-45%
|
15.32
-95%
|
460.62
+2 907%
|
779.98
+69%
|
566.84
-27%
|
457.45
-19%
|
626.91
+37%
|
636.79
+2%
|
424.22
-33%
|
234.87
-45%
|
150.87
-36%
|
370.32
+145%
|
591.81
+60%
|
899.27
+52%
|
669.69
-26%
|
605.26
-10%
|
1 069.01
+77%
|
847.93
-21%
|
808.91
-5%
|
1 078.37
+33%
|
1 199.06
+11%
|
1 772.37
+48%
|
2 377.27
+34%
|
1 156.94
-51%
|
1 553.01
+34%
|
3 474.04
+124%
|
3 069.63
-12%
|
3 597.31
+17%
|
2 626.3
-27%
|
6.04
-100%
|
13.78
+128%
|