Net income of the Group for 2021 increased by 3.4% year-on-year to RUB 63.5 billion.

The income growth was ensured by the following:

• successful operation of the telecom vertical,
• FinTech results.

The deterrent effect was caused by the following:

• increased depreciation due to increased capital investments and inorganic growth,
• increased interest expenses against the backdrop of an increased key interest rate,
• difference in exchange rate and operations with derivative financial instruments.