Income Statement OR

Stocks

ORUP

RU000A0JXKG3

Footwear

End-of-day quote Moscow Micex - RTS 08/07/2022			5-day change	1st Jan Change
5.440 ^RUB	-1.45%		-.--%	-

28/04/22	Public Joint-Stock Company OR Reports Earnings Results for the Full Year Ended December 31, 2021	CI
27/04/22	Public Joint-Stock Company OR Auditor Raises 'Going Concern' Doubt	CI

e1f320d5e150a8cc4.cFrjDVoAACr66tIax8AE3xLRU2rSAFwGLUj_zmT4MVw.LziyfmpzeHySmJht95NBlyGIAQ-cUWx1aSqZvxOsV2URDZVvM2MyT5Talw

Published financial data: OR

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	13.7B	10.77B	8.22B	-	-
Total Revenues	13.7B	10.77B	8.22B	-	-
Cost of Goods Sold, Total	6.51B	5.2B	8.76B	-	-
Gross Profit	7.19B	5.57B	-538M	-	-
Selling General & Admin Expenses, Total	3.83B	3.53B	3.59B	19.08M	2.23M
Provision for Bad Debts	159M	145M	153M	-	-
Other Operating Expenses	113M	117M	71.07M	12.18B	1.33B
Other Operating Expenses, Total	4.1B	3.8B	3.82B	12.2B	1.34B
Operating Income	3.09B	1.77B	-4.35B	-12.2B	-1.34B
Interest Expense, Total	-1.15B	-1.25B	-1.39B	-4.3M	-
Interest And Investment Income	32.65M	26.23M	31.12M	-	-
Net Interest Expenses	-1.12B	-1.23B	-1.35B	-4.3M	-
Currency Exchange Gains (Loss)	-19.06M	-6.44M	7.16M	-	-
Other Non Operating Income (Expenses)	202M	204M	170M	-	-
EBT, Excl. Unusual Items	2.16B	745M	-5.53B	-12.21B	-1.34B
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-27.7M	-2.75M	-27.26M	-	-
Other Unusual Items	-8.07M	10.78M	346M	-	-
EBT, Incl. Unusual Items	2.12B	753M	-5.21B	-12.21B	-1.34B
Income Tax Expense	436M	190M	-999M	351M	-
Earnings From Continuing Operations	1.69B	563M	-4.21B	-12.56B	-1.34B
Net Income to Company	1.69B	563M	-4.21B	-12.56B	-1.34B
Net Income - (IS)	1.69B	563M	-4.21B	-12.56B	-1.34B
Net Income to Common Incl Extra Items	1.69B	563M	-4.21B	-12.56B	-1.34B
Net Income to Common Excl. Extra Items	1.69B	563M	-4.21B	-12.56B	-1.34B
Per Share Items
Net EPS - Basic	14.93	4.98	-37.26	-	-
Basic EPS - Continuing Operations	14.93	4.98	-37.26	-	-
Basic Weighted Average Shares Outstanding	113M	113M	113M	-	-
Net EPS - Diluted	14.93	4.98	-37.26	-	-
Diluted EPS - Continuing Operations	14.93	4.98	-37.26	-	-
Diluted Weighted Average Shares Outstanding	113M	113M	113M	-	-
Normalized Basic EPS	11.94	4.12	-30.57	-	-
Normalized Diluted EPS	11.94	4.12	-30.57	-	-
Dividend Per Share	-	-	-	-	-
Payout Ratio	15.81	-	-	-	-
Supplemental Items
EBITDA	3.36B	2.02B	-4.18B	-12.03B	-
EBITA	3.1B	1.77B	-4.35B	-12.2B	-1.34B
EBIT	3.09B	1.77B	-4.35B	-12.2B	-1.34B
EBITDAR	4.82B	3.21B	-2.64B	-	-
Effective Tax Rate - (Ratio)	20.55	25.27	19.18	-2.88	-
Total Current Taxes	455M	112M	56.87M	-	-
Total Deferred Taxes	-18.97M	78.08M	-1.06B	351M	-
Normalized Net Income	1.35B	466M	-3.46B	-7.63B	-835M
Interest on Long-Term Debt	290M	431M	668M	-	-
Supplemental Operating Expense Items
Marketing Expenses	115M	78.54M	85.37M	-	-
Selling and Marketing Expenses	1.88B	1.87B	1.54B	-	-
General and Administrative Expenses	493M	478M	510M	19.08M	2.23M
Net Rental Expense, Total	1.46B	1.19B	1.54B	-	-
Imputed Operating Lease Interest Expense	1.25B	926M	1.32B	-	-
Imputed Operating Lease Depreciation	208M	261M	226M	-	-

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	707M	434M	308M	102K	64K
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	707M	434M	308M	102K	64K
Accounts Receivable, Total	2.43B	2.64B	4.58B	57K	12K
Other Receivables	791M	1.17B	1.39B	-	-
Notes Receivable	1.67B	1.79B	1.15B	-	-
Total Receivables	4.89B	5.59B	7.11B	57K	12K
Inventory	14.56B	18.39B	16.16B	-	-
Other Current Assets, Total	5.26B	4.38B	3.02B	-	-
Total Current Assets	25.42B	28.8B	26.59B	159K	76K
Gross Property Plant And Equipment	3.02B	3.01B	2.67B	-	-
Accumulated Depreciation	-955M	-1.2B	-1.04B	-	-
Net Property Plant And Equipment	2.07B	1.8B	1.63B	-	-
Long-term Investments	-	-	-	10K	10K
Goodwill	-	-	-	-	-
Other Intangibles, Total	34.96M	26.66M	26.09M	-	-
Accounts Receivable Long-Term	-	-	-	-	-
Loans Receivable Long-Term	47.07M	30.87M	14.67M	-	-
Deferred Tax Assets Long-Term	279M	309M	1.45B	3K	3K
Other Long-Term Assets, Total	156M	194M	203M	-	-
Total Assets	28B	31.16B	29.92B	172K	89K
Liabilities
Accounts Payable, Total	308M	2.42B	5.57B	596M	1.93B
Accrued Expenses, Total	367M	257M	113M	-	-
Short-term Borrowings	1.76M	2.42M	3.07M	70.2M	73.48M
Current Portion of Long-Term Debt	8.05B	8.49B	6.89B	-	-
Current Portion of Leases	67.74M	46.88M	40.25M	-	-
Current Income Taxes Payable	52.96M	19.54M	528K	-	-
Unearned Revenue Current, Total	6.18M	9.92M	67.41M	-	-
Other Current Liabilities	199M	140M	241M	14K	15K
Total Current Liabilities	9.05B	11.39B	12.92B	666M	2B
Long-Term Debt	4.36B	4.54B	5.87B	-	-
Long-Term Leases	69.85M	47.18M	27.56M	-	-
Deferred Tax Liability Non Current	55.36M	163M	256M	-	-
Total Liabilities	13.53B	16.13B	19.08B	666M	2B
Common Stock, Total	11.31B	11.31B	11.31B	11.31B	11.31B
Additional Paid In Capital	-	-	-	1.19B	1.19B
Retained Earnings	8.88B	9.44B	5.25B	-13.2B	-14.53B
Comprehensive Income and Other	-5.72B	-5.72B	-5.72B	35.96M	35.96M
Total Common Equity	14.47B	15.03B	10.84B	-666M	-2B
Total Equity	14.47B	15.03B	10.84B	-666M	-2B
Total Liabilities And Equity	28B	31.16B	29.92B	172K	89K
Supplemental Items
ECS Total Shares Outstanding on Filing Date	113M	113M	113M	-	-
ECS Total Common Shares Outstanding	113M	113M	113M	-	-
Book Value / Share	127.96	132.93	95.87	-	-
Tangible Book Value	14.43B	15B	10.81B	-666M	-2B
Tangible Book Value Per Share	127.65	132.7	95.64	-	-
Total Debt	12.55B	13.13B	12.83B	70.2M	73.48M
Net Debt	11.84B	12.69B	12.52B	70.1M	73.41M
Debt Equivalent Oper. Leases	11.65B	9.5B	12.35B	-	-
Account Code - Inventory Valuation	3	3	3	-	3
Inventories - Raw Materials, Total	161M	166M	156M	-	-
Inventories - Work In Process, Total	18.61M	29.51M	24.17M	-	-
Inventories - Finished Goods, Total	14.38B	18.32B	20.83B	-	-
Land - (BS)	29.06M	19.74M	19.74M	-	-
Buildings, Total	735M	735M	735M	-	-
Machinery, Total	1.55B	1.58B	1.28B	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	996M	1.12B	1.23B	-	-

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	1.69B	563M	-4.21B	-12.56B	-1.34B
Depreciation & Amortization - CF	334M	316M	204M	-	-
Amortization of Goodwill and Intangible Assets - (CF)	718K	717K	692K	-	-
Depreciation & Amortization, Total	335M	317M	205M	-	-
Amortization of Deferred Charges, Total - (CF)	6.25M	5.95M	3.03M	-	-
(Gain) Loss From Sale Of Asset	27.7M	4.41M	27.7M	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-
Provision for Credit Losses	319M	627M	372M	-	-
Provision and Write-off of Bad Debts	159M	145M	129M	-	-
Other Operating Activities, Total	-21.03M	437M	3.51B	12.54B	1.33B
Change In Accounts Receivable	253M	-425M	-2.09B	-	-
Change In Inventories	-5.27B	-2.93B	-1.34B	-	-
Change In Accounts Payable	214M	2.06B	3.27B	-	-
Change in Unearned Revenues	1.4M	3.74M	57.49M	-	-
Change In Income Taxes	-	-	-153M	-	-
Change in Other Net Operating Assets	-606M	-1.3B	307M	-	-
Cash from Operations	-2.89B	-497M	77.67M	-19.53M	-3.32M
Capital Expenditure	-206M	-189M	-60.66M	-	-
Sale of Property, Plant, and Equipment	2.46M	7.97M	688K	-	-
Cash Acquisitions	-	-	-	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	11.51M	17.96M	-76.31M	-	-
Other Investing Activities, Total	29.82M	26.55M	26.66M	53K	-
Cash from Investing	-163M	-136M	-110M	53K	-
Long-Term Debt Issued, Total	8.08B	2.05B	7.49B	19.58M	3.28M
Total Debt Issued	8.08B	2.05B	7.49B	19.58M	3.28M
Long-Term Debt Repaid, Total	-4.59B	-1.68B	-7.58B	-	-
Total Debt Repaid	-4.59B	-1.68B	-7.58B	-	-
Issuance of Common Stock	12.29M	-	-	-	-
Repurchase of Common Stock	-12.29M	-	-	-	-
Common Dividends Paid	-267M	-	-	-	-
Common & Preferred Stock Dividends Paid	-267M	-	-	-	-
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	3.23B	360M	-94.04M	19.58M	3.28M
Net Change in Cash	171M	-273M	-126M	100K	-38K
Supplemental Items
Cash Interest Paid	1.23B	1.04B	1.59B	-	-
Cash Income Tax Paid (Refund)	485M	208M	83.03M	-	-
Levered Free Cash Flow	-3.36B	-1.29B	1.82B	13.26B	498M
Unlevered Free Cash Flow	-2.65B	-503M	2.68B	13.26B	498M
Change In Net Working Capital	4.71B	1.75B	-5.26B	-20.89B	-1.33B
Net Debt Issued / Repaid	3.49B	360M	-94.04M	19.58M	3.28M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	7.6	3.75	-8.91	-50.98	-640K
Return on Total Capital	7.9	4.02	-10.5	-66.11	66.17
Return On Equity %	12.27	3.82	-32.54	-246.89	100.17
Return on Common Equity	12.27	3.82	-32.54	-246.89	100.17
Margin Analysis
Gross Profit Margin %	52.51	51.7	-6.54	-	-
SG&A Margin	27.94	32.81	43.7	-	-
EBITDA Margin %	24.52	18.78	-50.9	-	-
EBITA Margin %	22.59	16.47	-52.97	-	-
EBIT Margin %	22.58	16.46	-52.97	-	-
Income From Continuing Operations Margin %	12.31	5.22	-51.25	-	-
Net Income Margin %	12.31	5.22	-51.25	-	-
Net Avail. For Common Margin %	12.31	5.22	-51.25	-	-
Normalized Net Income Margin	9.85	4.32	-42.06	-	-
Levered Free Cash Flow Margin	-24.56	-11.93	22.11	-	-
Unlevered Free Cash Flow Margin	-19.31	-4.67	32.65	-	-
Asset Turnover
Asset Turnover	0.54	0.36	0.27	-	-
Fixed Assets Turnover	6.71	5.56	4.79	-	-
Receivables Turnover (Average Receivables)	5.27	4.25	2.28	-	-
Inventory Turnover (Average Inventory)	0.53	0.32	0.51	-	-
Short Term Liquidity
Current Ratio	2.81	2.53	2.06	0	0
Quick Ratio	0.43	0.37	0.49	0	0
Operating Cash Flow to Current Liabilities	-0.32	-0.04	0.01	-0.03	-0
Days Sales Outstanding (Average Receivables)	69.21	86.13	160.27	-	-
Days Outstanding Inventory (Average Inventory)	692.76	1.16K	720	-	-
Average Days Payable Outstanding	6.75	55.19	223.46	-	-
Cash Conversion Cycle (Average Days)	755.22	1.19K	656.81	-	-
Long Term Solvency
Total Debt/Equity	86.73	87.35	118.38	-10.54	-3.67
Total Debt / Total Capital	46.45	46.62	54.21	-11.78	-3.81
LT Debt/Equity	30.59	30.5	54.45	-	-
Long-Term Debt / Total Capital	16.38	16.28	24.93	-	-
Total Liabilities / Total Assets	48.34	51.77	63.77	387K	2.25M
EBIT / Interest Expense	2.69	1.42	-3.14	-2.84K	-
EBITDA / Interest Expense	2.98	1.67	-2.99	-2.8K	-
(EBITDA - Capex) / Interest Expense	2.8	1.52	-3.04	-2.8K	-
Total Debt / EBITDA	3.66	6.28	-3.09	-0.01	-
Net Debt / EBITDA	3.45	6.07	-3.02	-0.01	-
Total Debt / (EBITDA - Capex)	3.89	6.9	-3.05	-0.01	-
Net Debt / (EBITDA - Capex)	3.67	6.68	-2.97	-0.01	-
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	18.59	-21.39	-24.38	-	-
Gross Profit, 1 Yr. Growth %	10.92	-22.59	-109.73	-	-
EBITDA, 1 Yr. Growth %	23.51	-39.79	-311.62	187.59	-
EBITA, 1 Yr. Growth %	25.68	-42.68	-351.86	180.31	-89.05
EBIT, 1 Yr. Growth %	25.69	-42.69	-352	180.26	-89.05
Earnings From Cont. Operations, 1 Yr. Growth %	26.7	-66.65	-900.49	198.14	-89.36
Net Income, 1 Yr. Growth %	26.7	-66.65	-900.49	198.14	-89.36
Normalized Net Income, 1 Yr. Growth %	20.07	-65.5	-910.46	120.71	-89.05
Diluted EPS Before Extra, 1 Yr. Growth %	26.71	-66.65	-900.49	-	-
Accounts Receivable, 1 Yr. Growth %	-12	8.41	73.69	-100	-78.95
Inventory, 1 Yr. Growth %	43.55	26.3	-12.14	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	2.43	-12.76	-9.67	-	-
Total Assets, 1 Yr. Growth %	22.44	11.29	-4.05	-100	-48.26
Tangible Book Value, 1 Yr. Growth %	10.97	3.96	-28.03	-106.16	200.67
Common Equity, 1 Yr. Growth %	10.89	3.89	-27.99	-106.15	200.67
Cash From Operations, 1 Yr. Growth %	-16.04	-82.82	-115.62	-125.15	-83.02
Capital Expenditures, 1 Yr. Growth %	-28.75	-8.55	-67.86	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-34.53	-61.8	-235.54	629.47	-96.24
Unlevered Free Cash Flow, 1 Yr. Growth %	-42.43	-81	-580.59	394.2	-96.25
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	12.63	-3.45	-22.55	-	-
Gross Profit, 2 Yr. CAGR %	11.3	-7.34	-72.66	-	-
EBITDA, 2 Yr. CAGR %	17.07	-13.77	11.59	146.7	-
EBITA, 2 Yr. CAGR %	18.88	-15.13	18.59	165.7	-44.59
EBIT, 2 Yr. CAGR %	18.88	-15.13	18.61	165.76	-44.59
Earnings From Cont. Operations, 2 Yr. CAGR %	13.49	-34.99	57.99	388.52	-43.67
Net Income, 2 Yr. CAGR %	13.49	-34.99	57.99	388.52	-43.67
Normalized Net Income, 2 Yr. CAGR %	19.91	-35.64	60.03	322.94	-50.84
Diluted EPS Before Extra, 2 Yr. CAGR %	-5.32	-34.99	57.99	-	-
Accounts Receivable, 2 Yr. CAGR %	-4.16	-2.32	37.22	-99.54	-99.86
Inventory, 2 Yr. CAGR %	50.31	34.65	5.34	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	6.44	-5.47	-11.23	-	-
Total Assets, 2 Yr. CAGR %	19.4	16.73	3.37	-99.78	-99.86
Tangible Book Value, 2 Yr. CAGR %	9.78	7.41	-13.44	-78.94	-56.96
Common Equity, 2 Yr. CAGR %	9.73	7.33	-13.44	-78.96	-57.02
Cash From Operations, 2 Yr. CAGR %	2.63	-62.02	-83.62	-80.18	-79.34
Capital Expenditures, 2 Yr. CAGR %	-1.13	-19.28	-45.79	-	-
Levered Free Cash Flow, 2 Yr. CAGR %	27.59	-49.99	-26.51	214.44	-47.66
Unlevered Free Cash Flow, 2 Yr. CAGR %	36.57	-66.92	0.71	387.35	-56.92
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	11.2	-0.09	-10.73	-	-
Gross Profit, 3 Yr. CAGR %	7.37	-1.39	-56.4	-	-
EBITDA, 3 Yr. CAGR %	11.34	-6.2	15.43	53	-
EBITA, 3 Yr. CAGR %	11.75	-6.78	20.91	57.97	-8.21
EBIT, 3 Yr. CAGR %	11.75	-6.79	20.92	57.98	-8.2
Earnings From Cont. Operations, 3 Yr. CAGR %	12.58	-24.55	46.79	95.24	36.44
Net Income, 3 Yr. CAGR %	12.58	-24.55	46.79	95.24	36.44
Normalized Net Income, 3 Yr. CAGR %	17.54	-20.84	45.42	78.13	25.12
Diluted EPS Before Extra, 3 Yr. CAGR %	-3.74	-33.14	46.79	-	-
Accounts Receivable, 3 Yr. CAGR %	2.94	-0.14	18.34	-97.16	-98.41
Inventory, 3 Yr. CAGR %	34.11	41.84	16.79	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	2.69	-0.39	-6.89	-	-
Total Assets, 3 Yr. CAGR %	26.37	16.63	9.37	-98.18	-98.74
Tangible Book Value, 3 Yr. CAGR %	40.09	7.81	-5.97	-64.13	-48.92
Common Equity, 3 Yr. CAGR %	39.9	7.75	-5.99	-64.16	-48.95
Cash From Operations, 3 Yr. CAGR %	54.3	-43.43	-71.75	-81.1	-81.18
Capital Expenditures, 3 Yr. CAGR %	-23.96	-3.67	-40.62	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	25.14	-14.65	-29.28	57.94	-28.13
Unlevered Free Cash Flow, 3 Yr. CAGR %	34.8	-29.23	-16.42	71.14	-3.75
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	12.32	3.3	-3.78	-	-
Gross Profit, 5 Yr. CAGR %	12.53	0.22	-37.88	-	-
EBITDA, 5 Yr. CAGR %	23.9	-3.74	11.44	37.46	-
EBITA, 5 Yr. CAGR %	23.81	-5.19	14.44	40.99	-11.51
EBIT, 5 Yr. CAGR %	23.81	-5.19	14.44	41	-11.5
Earnings From Cont. Operations, 5 Yr. CAGR %	21.5	-17.46	28.92	57.15	0.07
Net Income, 5 Yr. CAGR %	21.5	-17.46	28.92	57.15	0.07
Normalized Net Income, 5 Yr. CAGR %	26.21	-14.98	32.98	52.05	-5.76
Diluted EPS Before Extra, 5 Yr. CAGR %	10.6	-24.86	17.36	-	-
Accounts Receivable, 5 Yr. CAGR %	4.13	4.73	15.48	-88.4	-91.67
Inventory, 5 Yr. CAGR %	27.71	29.17	21.77	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	9.96	-0.06	-3.13	-	-
Total Assets, 5 Yr. CAGR %	24.27	22.13	16.61	-90.44	-92.14
Tangible Book Value, 5 Yr. CAGR %	41.64	30.02	15.55	-43.89	-31.21
Common Equity, 5 Yr. CAGR %	41.48	29.87	15.45	-43.93	-31.26
Cash From Operations, 5 Yr. CAGR %	11.52	64.88	-37.08	-62.82	-75.08
Capital Expenditures, 5 Yr. CAGR %	-24.91	-19.3	-33.58	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	2.71	2.86	1.14	45.02	-37.3
Unlevered Free Cash Flow, 5 Yr. CAGR %	-0.08	-3.7	19.96	56.37	-35.89