EX-99.1 2 tm2319150d1_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

 

QIWI Announces Correction to the Dates of Consolidated Statement of Financial Position for 1Q 2023 Financial Results

 

NICOSIA, CYPRUS – June 20, 2023 – QIWI plc (NASDAQ and MOEX: QIWI) (“QIWI” or the “Company”), a leading provider of cutting-edge payment and financial services in Russia and the CIS, today announced a correction to the dates of consolidated statement of financial position in the earnings press release filed on May 26, 2023.

 

Consolidated Statement of Financial Position was presented for December 31, 2022 and March 31, 2023. These corrections are underlined in the table below.

 

The numerical data in the financial statements in the original press release was accurate and was not changed.

 

 

 

 

QIWI plc.

Consolidated Statement of Financial Position

(in millions)

 

   As of December 31,
2022
   As of March 31,
2023
   As of March 31,
2023
 
   RUB   RUB   USD 
Assets               
Non-current assets               
Property and equipment   1,163    1,055    13.7 
Goodwill and other intangible assets   13,126    13,075    169.6 
Investments in associates   303    270    3.5 
Long-term debt securities   2,946    4,088    53.0 
Long-term loans issued   843    613    8.0 
Other non-current assets   257    243    3.2 
Deferred tax assets   208    282    3.7 
Total non-current assets   18,846    19,626    254.6 
Current assets               
Trade and other receivables   15,194    12,715    164.9 
Short-term loans issued   14,200    13,339    173.0 
Short-term debt securities   14,029    15,321    198.8 
Other current assets   2,195    3,086    40.0 
Cash and cash equivalents   47,462    47,515    616.4 
Total current assets   93,080    91,976    1,193.2 
Total assets   111,926    111,602    1,447.8 
Equity and liabilities               
Equity attributable to equity holders of the parent               
Share capital   1    1    0.01 
Additional paid-in capital   1,876    1,876    24.3 
Share premium   12,068    12,068    156.6 
Other reserves   2,696    2,713    35.2 
Retained earnings   39,941    44,282    574.4 
Translation reserve   401    37    0.5 
Total equity attributable to equity holders of the parent   56,983    60,977    791.0 
Non-controlling interests   912    1022    13.3 
Total equity   57,895    61,999    804.3 
Non-current liabilities               
Long-term deferred income   1,154    1,097    14.2 
Long-term lease liabilities   133    108    1.4 
Other non-current liabilities   156    48    0.6 
Deferred tax liabilities   1,847    1,691    21.9 
Total non-current liabilities   3,290    2,944    38.2 
Current liabilities               
Trade and other payables   33,048    28,469    369.3 
Customer accounts and amounts due to banks   11,203    11,883    154.2 
Short-term debt   3,922    3,781    49.0 
Short-term lease liabilities   300    302    3.9 
Other current liabilities   2,268    2,224    28.9 
Total current liabilities   50,741    46,659    605.3 
Total equity and liabilities   111,926    111,602    1,447.8 

 

 

 

 

About QIWI plc.

 

QIWI is a leading provider of cutting-edge payment and financial services in Russia and the CIS. We stand at the forefront of fintech innovations to facilitate and secure the digitalization of payments. Our mission is to connect our clients providing unique financial and technological solutions to make the impossible accessible and simple. We offer a wide range of products under several directions: QIWI payment and financial services ecosystem for merchants and B2C clients across digital use-cases, ROWI digital structured financial products for SME, digital marketing, and several other projects.

 

For the FY 2022 QIWI had revenue of RUB 51.5 billion and an Adjusted EBITDA of RUB 19.8 billion. QIWI's American depositary shares are listed on the NASDAQ and Moscow Exchange (ticker: QIWI).

 

For more information, visit investor.qiwi.com.

 

Contact

 

Investor Relations

+357.25028091

ir@qiwi.com