Magnit : FY 2022 IFRS Audited Financial Statements

Independent auditor's report

on the consolidated financial statements of

PJSC Magnit and its subsidiaries

for 2022

April 2023

Independent auditor's report

on the consolidated financial statements of

PJSC Magnit and its subsidiaries

	Contents	Page
Independent auditor's report	3
Appendices
Statement of management's responsibilities for the preparation and approval
of the consolidated financial statements for the year ended 31 December
2022		8
Consolidated statement of financial position	9
Consolidated statement of profit and loss and other comprehensive income	10
Consolidated statement of cash flows	11
Consolidated statement of changes in equity	12
Notes to the consolidated financial statements
1.	Corporate information	13
2.	Basis of preparation of the financial statements	14
3.	Summary of significant accounting policies	14
4.	Summary of changes in accounting policies and disclosures	31
5.	Significant accounting judgements and estimates	35
6.	Balances and transactions with related parties	38
7.	Business combination	39
8.	Property, plant and equipment	44
9.	Lease	46
10.	Intangible assets	48
11.	Goodwill	49
12.	Long-term and short-term financial assets	52
13.	Inventory	53
14.	Long-term receivables, and short-term trade and other receivables	53
15.	Advances paid	55
16.	Cash and cash equivalents	55
17.	Share capital, share premium and treasury shares	56
18.	Dividends declared	57
19.	Short-term and long-term trade and other payables	57
20.	Taxes payable excluding income tax	58
21.	Loans and borrowings	58
22.	Government grants	58
23.	Contract liabilities	59
24.	Revenue from contracts with customers	59
25.	Cost of sales	59
26.	Selling, general and administrative expenses	60
27.	Finance costs	60
28.	Interest income	61
29.	Other income	61
30.	Other expenses	61
31.	Income tax	61
32.	Earnings per share	64
33.	Share-based payments	64
34.	Contingencies, commitments and operating risks	67
35.	Financial risk management objectives and policies	69
36.	Subsequent events	73

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