Nebius Group N.V 6-K, filed Nov 23, 2022

Nebius Group N.V. (NBIS)

6-K 2022-11-23 For: 2022-09-30

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Added on April 11, 2026

About this 6-K

Nebius Group N.V filed this 6-K on November 23, 2022.

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	YANDEX N.V.


Date: November 23, 2022	By:	/s/ Svetlana Demyashkevich
		Svetlana Demyashkevich
		Chief Financial Officer


	Page
Unaudited Condensed Consolidated Balance Sheets as of December 31, 2021 and September 30, 2022	F-2
Unaudited Condensed Consolidated Statements of Operations for the Three and Nine Months Ended September 30, 2021 and 2022	F-3
Unaudited Condensed Consolidated Statements of Comprehensive Income/(Loss) for the Three and Nine Months Ended September 30, 2021 and 2022	F-4
Unaudited Condensed Consolidated Statements of Cash Flows for the Nine Months Ended September 30, 2021 and 2022	F-5
Unaudited Condensed Consolidated Statements of Shareholders’ Equity for the Three and Nine Months Ended September 30, 2021 and 2022	F-7
Notes to the Unaudited Condensed Consolidated Financial Statements	F-9


		As of
	Notes	December 31, 2021*	September 30, 2022	September 30, 2022
		RUB	RUB	$
ASSETS
Cash and cash equivalents	4	79,275	99,866	1,739.4
Term deposits		23,415	1,232	21.5
Investments in marketable equity securities	4	4,049	—	—
Trade accounts receivable, less allowance for doubtful accounts of RUB 2,716 and RUB 3,556, respectively	4	43,568	46,839	815.8
Inventory		9,587	17,317	301.6
Prepaid expenses		12,663	15,519	270.3
VAT reclaimable		13,498	15,032	261.8
Funds receivable, net		6,180	4,180	72.8
Other current assets	4	7,740	8,660	150.9
Total current assets		199,975	208,645	3,634.1
Goodwill	8	117,864	143,125	2,492.9
Property and equipment, net	6	98,325	109,077	1,899.9
Operating lease right-of-use assets	7	36,245	29,980	522.2
Intangible assets, net	8	22,359	31,881	555.3
Content assets, net	10	13,767	15,802	275.2
Equity method investments	4	9,425	6,441	112.2
Deferred tax assets		5,625	4,444	77.4
Long-term prepaid expenses		3,278	3,840	66.9
Other non-current assets	4	8,633	9,858	171.7
Total non-current assets		315,521	354,448	6,173.7
TOTAL ASSETS		515,496	563,093	9,807.8
LIABILITIES AND SHAREHOLDERS’ EQUITY
Accounts payable, accrued and other liabilities	4	81,555	96,259	1,676.6
Debt, current portion	12	2,940	20,946	364.8
Income and non-income taxes payable	4	16,196	27,132	472.6
Deferred revenue		10,415	11,779	205.2
Total current liabilities		111,106	156,116	2,719.2
Debt, non-current portion	12	85,835	29,885	520.5
Operating lease liabilities	7	24,642	18,870	328.7
Finance lease liabilities	7	15,350	18,208	317.1
Deferred tax liabilities		2,989	2,840	49.5
Other accrued liabilities		2,649	10,472	182.4
Total non-current liabilities		131,465	80,275	1,398.2
Total liabilities		242,571	236,391	4,117.4
Commitments and contingencies	10,11
Redeemable noncontrolling interests		869	41	0.7
Shareholders’ equity:
Priority share: €1 par value; 1 share authorized, issued and outstanding		—	—	—
Ordinary shares: par value (Class A €0.01, Class B €0.10 and Class C €0.09); shares authorized (Class A: 500,000,000, Class B: 37,138,658 and Class C: 37,748,658); shares issued (Class A: 323,800,479 and 326,016,891, respectively, Class B: 35,698,674, and Class C: 10,000); shares outstanding (Class A: 323,004,678 and 325,458,228, respectively, Class B: 35,698,674 and Class C: nil)		281	282	4.9
Treasury shares at cost (Class A: 795,801 and 558,663, respectively)		(2,728)	(1,393)	(24.3)
Additional paid-in capital		112,942	116,755	2,033.6
Accumulated other comprehensive income		16,193	22,579	393.3
Retained earnings		131,488	168,759	2,939.4
Total equity attributable to Yandex N.V.		258,176	306,982	5,346.9
Noncontrolling interests		13,880	19,679	342.8
Total shareholders’ equity		272,056	326,661	5,689.7
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY		515,496	563,093	9,807.8

* Derived from audited consolidated financial statements and adjusted for certain reclassifications (Note 1)


		Three months ended September 30,			Nine months ended September 30,
	Notes	2021	2022	2022	2021	2022	2022
		RUB	RUB	$	RUB	RUB	$
Revenues	4	91,305	133,163	2,319.4	245,843	356,921	6,216.7
Operating costs and expenses:
Cost of revenues⁽¹⁾		45,671	55,654	969.4	121,487	155,386	2,706.5
Product development⁽¹⁾		12,222	17,058	297.1	34,465	53,045	923.9
Sales, general and administrative⁽¹⁾		32,961	42,186	734.7	83,532	118,733	2,068.0
Depreciation and amortization		6,135	7,468	130.1	17,033	22,648	394.5
Total operating costs and expenses		96,989	122,366	2,131.3	256,517	349,812	6,092.9
Income/(loss) from operations		(5,684)	10,797	188.1	(10,674)	7,109	123.8
Interest income	4	1,146	1,127	19.6	3,503	3,526	61.4
Interest expense		(938)	(779)	(13.6)	(2,592)	(2,508)	(43.7)
Gain on restructuring of convertible debt	12	—	—	—	—	9,305	162.1
Effect of the News and Zen deconsolidation	3	—	38,051	662.8	—	38,051	662.8
Income/(loss) from equity method investments		1,967	(890)	(15.5)	1,961	(1,341)	(23.4)
Other income/(loss), net	4	723	4,053	70.6	1,412	(514)	(8.9)
Net income/(loss) before income taxes		(2,786)	52,359	912.0	(6,390)	53,628	934.1
Income tax expense	9	1,122	6,818	118.8	5,402	13,068	227.6
Net income/(loss)		(3,908)	45,541	793.2	(11,792)	40,560	706.5
Net (income)/loss attributable to noncontrolling interests		523	(2,373)	(41.3)	1,551	(6,049)	(105.4)
Net income/(loss) attributable to Yandex N.V.		(3,385)	43,168	751.9	(10,241)	34,511	601.1
Net income/(loss) per Class A and Class B share:
Basic	2	(9.32)	116.38	2.03	(28.28)	94.02	1.64
Diluted	2	(9.32)	116.23	2.02	(28.28)	69.62	1.21
Weighted average number of Class A and Class B shares used in per share computation
Basic	2	363,390,831	370,925,704	370,925,704	362,097,366	367,071,728	367,071,728
Diluted	2	363,390,831	371,390,423	371,390,423	362,097,366	375,794,547	375,794,547


Cost of revenues	117	169	2.9	367	449	7.8
Product development	2,734	3,771	65.7	8,768	11,237	195.7
Sales, general and administrative	2,284	2,523	44.0	6,666	7,537	131.3


	Three months ended September 30, 2021
	Priority Share		Ordinary Shares				Accumulated				Redeemable
	Issued and		Issued and		Treasury	Additional	Other		Non-		non-
	Outstanding		Outstanding		shares at	Paid-In	Comprehensive	Retained	controlling		controlling
	Shares	Amount	Shares	Amount	cost	Capital	Income	Earnings	interests	Total	interests
		RUB		RUB	RUB	RUB	RUB	RUB	RUB	RUB	RUB
Balance as of June 30, 2021	1	—	357,380,343	280	(5)	173,080	16,332	139,330	19,235	348,252	1,783
Share-based compensation	—	—	—	—	—	5,071	—	—	—	5,071	—
Exercise of share options	—	—	1,759,817	—	—	174	—	—	—	174	—
Tax withholding related to exercise of share awards	—	—	—	—	—	(59)	—	—	—	(59)	—
Reissue of shares for options exercised	—	—	—	—	1	(2)	—	—	—	(1)	—
Repurchase of shares	—	—	(581,164)	—	(3,356)	—	—	—	—	(3,356)	—
Repurchase of share options	—	—	—	—	—	216	—	(13)	—	203	(741)
Foreign currency translation adjustment	—	—	—	—	—	—	(206)	—	(103)	(309)	—
Change in redemption value of redeemable noncontrolling interests	—	—	—	—	—	—	—	(16)	—	(16)	16
Transaction with Uber	—	—	—	—	—	(69,676)	444	—	(3,756)	(72,988)	—
Net loss	—	—	—	—	—	—	—	(3,385)	(523)	(3,908)	—
Other	—	—	—	1	(1)	—	—	4	—	4	—
Balance as of September 30, 2021	1	—	358,558,996	281	(3,361)	108,804	16,570	135,920	14,853	273,067	1,058


	Three months ended September 30, 2022
	Priority Share		Ordinary Shares				Accumulated				Redeemable
	Issued and		Issued and		Treasury	Additional	Other		Non-		non-
	Outstanding		Outstanding		shares at	Paid-In	Comprehensive	Retained	controlling		controlling
	Shares	Amount	Shares	Amount	cost	Capital	Income	Earnings	interests	Total	interests
		RUB		RUB	RUB	RUB	RUB	RUB	RUB	RUB	RUB
Balance as of June 30, 2022	1	—	358,940,490	281	(1,393)	116,634	23,304	125,293	17,237	281,356	338
Share-based compensation	—	—	—	—	—	718	—	—	—	718	—
Convertible debt restructuring	—	—	—	—	—	(596)	—	—	—	(596)	—
Issue of new shares (Note 12)	—	—	2,216,412	1	—	(1)	—	—	—	—	—
Foreign currency translation adjustment	—	—	—	—	—	—	(725)	—	69	(656)	—
Change in redemption value of redeemable noncontrolling interests	—	—	—	—	—	—	—	297	—	297	(297)
Net income	—	—	—	—	—	—	—	43,168	2,373	45,541	—
Other	—	—	—	—	—	—	—	1	—	1	—
Balance as of September 30, 2022	1	—	361,156,902	282	(1,393)	116,755	22,579	168,759	19,679	326,661	41
Balance as of September 30, 2022, $		—		4.9	(24.3)	2,033.6	393.3	2,939.4	342.8	5,689.7	0.7


	Nine months ended September 30, 2021
	Priority Share		Ordinary Shares				Accumulated				Redeemable
	Issued and		Issued and		Treasury	Additional	Other		Non-		non-
	Outstanding		Outstanding		shares at	Paid-In	Comprehensive	Retained	controlling		controlling
	Shares	Amount	Shares	Amount	cost	Capital	Income	Earnings	interests	Total	interests
		RUB		RUB	RUB	RUB	RUB	RUB	RUB	RUB	RUB
Balance as of December 31, 2020	1	—	354,210,532	278	(6)	160,857	17,923	145,789	20,094	344,935	3,167
Share-based compensation	—	—	—	—	—	15,899	—	—	—	15,899	—
Exercise of share options	—	—	4,929,628	—	—	1,030	—	—	—	1,030	—
Tax withholding related to exercise of share awards	—	—	—	—	—	(180)	—	—	—	(180)	—
Reissue of shares for options exercised	—	—	—	—	4	(5)	—	—	—	(1)	—
Repurchases of shares	—	—	(581,164)	—	(3,356)	—	—	—	—	(3,356)	—
Repurchase of share options	—	—	—	—	—	627	—	1	—	628	(1,717)
Change in redemption value of redeemable noncontrolling interests	—	—	—	—	—	—	—	392	—	392	(392)
Foreign currency translation adjustment	—	—	—	—	—	—	(1,795)	—	114	(1,681)	—
Transaction with Uber	—	—	—	—	—	(69,676)	444	—	(3,756)	(72,988)	—
Net loss	—	—	—	—	—	—	—	(10,241)	(1,551)	(11,792)	—
Other	—	—	—	3	(3)	252	(2)	(21)	(48)	181	—
Balance as of September 30, 2021	1	—	358,558,996	281	(3,361)	108,804	16,570	135,920	14,853	273,067	1,058


	Nine months ended September 30, 2022
	Priority Share		Ordinary Shares				Accumulated				Redeemable
	Issued and		Issued and		Treasury	Additional	Other		Non-		non-
	Outstanding		Outstanding		shares at	Paid-In	Comprehensive	Retained	controlling		controlling
	Shares	Amount	Shares	Amount	cost	Capital	Income	Earnings	interests	Total	interests
		RUB		RUB	RUB	RUB	RUB	RUB	RUB	RUB	RUB
Balance as of December 31, 2021	1	—	358,703,352	281	(2,728)	112,942	16,193	131,488	13,880	272,056	869
Effect of adoption of ASU 2020-06 (Note 1)	—	—	—	—	—	(8,573)	—	2,511	—	(6,062)	—
Adjusted balance as of January 1, 2022	1	—	358,703,352	281	(2,728)	104,369	16,193	133,999	13,880	265,994	869
Share-based compensation	—	—	—	—	—	4,345	—	—	—	4,345	—
Issue of new shares (Note 12)	—	—	2,216,412	1	—	(1)	—	—	—	—	—
Exercise of share options	—	—	237,138	—	—	—	—	—	—	—	—
Tax withholding related to exercise of share awards	—	—	—	—	—	(25)	—	—	—	(25)	—
Reissue of shares for options exercised	—	—	—	—	1,335	(1,335)	—	—	—	—	—
Convertible debt restructuring	—	—	—	—	—	9,345	—	—	—	9,345	—
Repurchase of share options	—	—	—	—	—	(5)	—	(105)	—	(110)	(474)
Change in redemption value of redeemable noncontrolling interests	—	—	—	—	—	—	—	354	—	354	(354)
Foreign currency translation adjustment	—	—	—	—	—	—	6,386	—	(189)	6,197	—
Net income	—	—	—	—	—	—	—	34,511	6,049	40,560	—
Other	—	—	—	—	—	62	—	—	(61)	1	—
Balance as of September 30, 2022	1	—	361,156,902	282	(1,393)	116,755	22,579	168,759	19,679	326,661	41
Balance as of September 30, 2022, $		—		4.9	(24.3)	2,033.6	393.3	2,939.4	342.8	5,689.7	0.7


	As of December 31, 2021
	As previously reported	Reclassification	After reclassification
Selected Balance Sheet Data:	RUB	RUB	RUB
Accounts payable, accrued and other liabilities	84,495	(2,940)	81,555
Debt, current portion	—	2,940	2,940


	Balances as of December 31, 2021	Adjustments from Adoption of ASU 2020-06	Balances as of January 1, 2022
	RUB	RUB	RUB
Convertible debt	85,835	6,404	92,239
Deferred tax liabilities	2,989	(342)	2,647
Additional paid-in capital	112,942	(8,573)	104,369
Retained earnings	131,488	2,511	133,999


		September 8, 2022
		RUB
ASSETS:
Cash and cash equivalents		1,893
Trade accounts receivable		1,182
Goodwill		24,455
Intangible assets, net		13,993
Other current and non-current assets		2,135
Total assets		43,658
LIABILITIES:

Accounts payable, accrued and other liabilities		3,481
Other current and non-current liabilities		1,557
Total liabilities		5,038
Total net assets acquired		38,620
Total purchase consideration		38,620


	December 31, 2021	September 30, 2022	September 30, 2022
	RUB	RUB	$
Cash	34,012	38,471	670.1
Cash equivalents:
Bank deposits	45,214	61,392	1,069.2
Other cash equivalents	49	3	0.1
Total cash and cash equivalents	79,275	99,866	1,739.4


	As of December 31, 2021				As of September 30, 2022
	Level 1	Level 2	Level 3	Total	Level 1	Level 2	Level 3	Total	Total
	RUB	RUB	RUB	RUB	RUB	RUB	RUB	RUB	$
Assets:
Loans granted (Note 4)	—	—	8,206	8,206	—	—	7,931	7,931	138.1
Investments in marketable securities	4,049	—	—	4,049	—	—	—	—	—
	4,049	—	8,206	12,255	—	—	7,931	7,931	138.1
Liabilities and redeemable noncontrolling interests:
Loans (Note 12)	—	—	—	—	—	—	45,814	45,814	798.0
Redeemable noncontrolling interests	—	—	869	869	—	—	41	41	0.7
	—	—	869	869	—	—	45,855	45,855	798.7


	December 31, 2021		September 30, 2022
	Carrying amount	Fair value	Carrying amount		Fair value
	RUB	RUB	RUB	$	RUB	$
Assets:
Loans granted (Note 4)	7,757	8,206	7,819	136.2	7,931	138.1
	7,757	8,206	7,819	136.2	7,931	138.1
Liabilities:
Loans (Note 12)	—	—	50,220	874.7	45,814	798.0
	—	—	50,220	874.7	45,814	798.0


		Nine months ended September 30,
	Notes	2021	2022	2022
		RUB	RUB	$
CASH FLOWS PROVIDED BY OPERATING ACTIVITIES:
Net income/(loss)		(11,792)	40,560	706.5
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:
Depreciation of property and equipment	6	12,719	17,279	301.0
Amortization of intangible assets	8	4,314	5,369	93.5
Amortization of content assets	10	5,445	6,677	116.3
Operating lease right-of-use assets amortization and the lease liability accretion		8,040	11,087	193.1
Amortization of debt discount and issuance costs	12	1,554	585	10.2
Share-based compensation expense (excluding cash settled awards of nil and	13	15,801	4,270	74.4
RUB 14,953, respectively)
Deferred income tax expense/(benefit)		(5,403)	1,399	24.4
Foreign exchange gains	4	(86)	(11)	(0.2)
Loss/(income) from equity method investments		(1,961)	1,341	23.4
Gain on restructuring of convertible debt	12	—	(9,305)	(162.1)
Effect of the News and Zen deconsolidation	3	—	(38,051)	(662.8)
Impairment of long-lived assets		—	3,644	63.5
Provision for expected credit losses		986	1,769	30.8
Other		(325)	801	14.0
Changes in operating assets and liabilities excluding the effect of acquisitions:
Trade accounts receivable		(7,423)	(4,296)	(74.8)
Prepaid expenses		(8,464)	(5,129)	(89.4)
Inventory		(2,257)	(7,526)	(131.1)
Accounts payable, accrued and other liabilities and non-income taxes payable		9,849	22,861	398.1
Deferred revenue		1,173	1,654	28.8
Other assets		(8,809)	(1,533)	(26.7)
Content assets		(9,603)	(8,718)	(151.8)
Content liabilities		2,132	(1,440)	(25.1)
Net cash provided by operating activities		5,890	43,287	754.0
CASH FLOWS PROVIDED BY/(USED IN) INVESTING ACTIVITIES:
Purchases of property and equipment and intangible assets		(25,742)	(30,296)	(527.7)
Acquisitions of businesses, net of cash acquired		(8,236)	(820)	(14.3)
Investments in marketable equity securities		(9,869)	—	—
Proceeds from sale of marketable equity securities		5,652	5,859	102.1
Investments in debt securities		—	100	1.7
Net cash acquired as a result of the News and Zen deconsolidation and the Company's acquisition of Delivery Club		—	1,795	31.3
Investments in term deposits		(240,676)	(3,235)	(56.3)


		Nine months ended September 30,
	Notes	2021	2022	2022
		RUB	RUB	$
CASH FLOWS USED IN FINANCING ACTIVITIES:
Proceeds from exercise of share options		1,039	—	—
Repurchases of ordinary shares		(3,530)	—	—
Repayment of convertible debt		—	(49,364)	(859.8)
Proceeds from issuance of debt		—	50,228	874.9
Payment of contingent consideration and holdback amount		(5,504)	(195)	(3.4)
Payment for finance leases		(436)	(1,154)	(20.1)
Payment of overdraft borrowings		—	(2,940)	(51.2)
Purchase of non-redeemable noncontrolling interests		(58,363)	—	—
Other financing activities		(1,944)	(1,390)	(24.3)
Net cash used in financing activities		(68,738)	(4,815)	(83.9)
Effect of exchange rate changes on cash and cash equivalents, and restricted cash and cash equivalents		(849)	(15,866)	(276.3)
Net change in cash and cash equivalents, and restricted cash and cash equivalents		(50,959)	21,618	376.6
Cash and cash equivalents, and restricted cash and cash equivalents, beginning of period		132,446	79,398	1,382.9
Cash and cash equivalents, and restricted cash and cash equivalents, end of period		81,487	101,016	1,759.5

RECONCILIATION OF CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH AND CASH EQUIVALENTS:
Cash and cash equivalents, beginning of period		132,398	79,274	1,380.8
Restricted cash and cash equivalents, beginning of period		48	124	2.1
Cash and cash equivalents, and restricted cash and cash equivalents, beginning of period		132,446	79,398	1,382.9
Cash and cash equivalents, end of period		81,425	99,866	1,739.4
Restricted cash and cash equivalents, end of period		62	1,150	20.1
Cash and cash equivalents, and restricted cash and cash equivalents, end of period		81,487	101,016	1,759.5

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for income taxes		10,460	6,989	121.7
Cash paid for acquisitions		8,921	1,031	18.0
Convertible notes coupon paid		688	439	7.6
Interest paid for finance leases		301	936	16.3
Interest paid on loans		—	463	8.1
Operating cash flows from operating leases		8,696	9,889	172.2
Non-cash operating activities:
Increase of right-of-use assets due to new operating lease and lease modification		22,280	4,627	80.6
Non-cash investing activities:
Acquired property and equipment and intangible assets not yet paid for		7,665	2,847	49.6
Non-cash financing activities:


	Three months ended September 30,			Nine months ended September 30,
	2021	2022	2022	2021	2022	2022
	RUB	RUB	$	RUB	RUB	$
Balance at the beginning of period	2,134	3,319	57.8	1,798	2,716	47.3
Current period provision for expected credit losses	450	308	5.4	979	1,327	23.1
Write-off	(14)	(98)	(1.7)	(194)	(347)	(6.0)
Foreign exchange difference	—	27	0.5	(13)	(140)	(2.4)
Balance at the end of period	2,570	3,556	62.0	2,570	3,556	62.0


	December 31, 2021	September 30, 2022	September 30, 2022
	RUB	RUB	$
Sales financing receivables	266	2,051	35.7
Loans granted	2,222	1,456	25.4
Contract assets	659	1,090	19.0
Other receivables	859	1,088	18.9
Restricted cash	1	799	14.0
Prepaid income tax	2,272	551	9.6
Interest receivable	308	194	3.4
Prepaid other taxes	202	137	2.4
Other	951	1,294	22.5
Total other current assets	7,740	8,660	150.9


	Operating leases		Finance leases
	RUB	$	RUB	$
Remainder of 2022	3,274	57.0	998	17.4
2023	12,096	210.7	3,885	67.7
2024	8,058	140.4	3,676	64.0
2025	3,841	66.9	5,821	101.4
2026	2,901	50.5	4,293	74.8
Thereafter	3,904	68.0	11,413	198.8
Total lease payments	34,074	593.5	30,086	524.1
Less imputed interest	(4,588)	(79.9)	(9,536)	(166.2)
Total	29,486	513.6	20,550	357.9


	Weighted average remaining lease term, years		Weighted average discount rate, %
	December 31, 2021	September 30, 2022	December 31, 2021	September 30, 2022
Operating leases	4.0	3.7	6.2%	7.0%
Finance leases	9.1	7.7	7.3%	8.3%


	Search and Portal	E-commerce, Mobility and Delivery	Plus and Entertainment	Classifieds	Other Business Units and Initiatives	Total	Total
	RUB	RUB	RUB	RUB	RUB	RUB	$

Balance as of December 31, 2020
Gross amount of goodwill	2,719	95,560	2,140	5,194	—	105,613	—
Accumulated impairment loss	—	(762)	(576)	—	—	(1,338)	—
	2,719	94,798	1,564	5,194	—	104,275	—

Acquisitions	—	12,250	—	—	46	12,296	—

Balance as of June 30, 2021
Gross amount of goodwill	2,719	107,810	2,140	5,194	46	117,909	—
Accumulated impairment loss	—	(762)	(576)	—	—	(1,338)	—
	2,719	107,048	1,564	5,194	46	116,571	—

Acquisitions	—	—	—	1,025	105	1,130	—

Balance as of September 30, 2021
Gross amount of goodwill	2,719	107,810	2,140	6,219	151	119,039	—
Accumulated impairment loss	—	(762)	(576)	—	—	(1,338)	—
	2,719	107,048	1,564	6,219	151	117,701	—

Acquisitions	—	—	—	163	—	163	—

Balance as of December 31, 2021
Gross amount of goodwill	2,719	107,810	2,140	6,382	151	119,202	2,076.2
Accumulated impairment loss	—	(762)	(576)	—	—	(1,338)	(23.3)
	2,719	107,048	1,564	6,382	151	117,864	2,052.9

Acquisitions	—	1,101	—	—	—	1,101	19.2
Foreign currency translation adjustment	—	(444)	—	—	—	(444)	(7.7)

Balance as of June 30, 2022
Gross amount of goodwill	2,719	108,467	2,140	6,382	151	119,859	2,087.7
Accumulated impairment loss	—	(762)	(576)	—	—	(1,338)	(23.3)
	2,719	107,705	1,564	6,382	151	118,521	2,064.4

Acquisitions	—	24,574	—	—	—	24,574	428.0
Foreign currency translation adjustment	—	30	—	—	—	30	0.5

Balance as of September 30, 2022
Gross amount of goodwill	2,719	133,071	2,140	6,382	151	144,463	2,516.2
Accumulated impairment loss	—	(762)	(576)	—	—	(1,338)	(23.3)
	2,719	132,309	1,564	6,382	151	143,125	2,492.9


	December 31, 2021			September 30, 2022
		Less:	Net		Less:	Net	Net
		Accumulated	carrying		Accumulated	carrying	carrying
	Cost	amortization	value	Cost	amortization	value	value
	RUB	RUB	RUB	RUB	RUB	RUB	$
Acquisition-related intangible assets:
Trade names and domain names	3,766	(2,202)	1,564	13,439	(2,512)	10,927	190.3
Customer relationships	11,977	(2,703)	9,274	13,345	(3,442)	9,903	172.5
Content and software	8,574	(2,370)	6,204	8,837	(3,505)	5,332	92.9
Supplier relationships	187	(41)	146	215	(71)	144	2.5
Total acquisition-related intangible assets:	24,504	(7,316)	17,188	35,836	(9,530)	26,306	458.2

Other intangible assets:
Technologies and licenses	9,338	(5,030)	4,308	10,942	(6,273)	4,669	81.3
Assets not yet in use	863	—	863	906	—	906	15.8
Total other intangible assets:	10,201	(5,030)	5,171	11,848	(6,273)	5,575	97.1
Total intangible assets	34,705	(12,346)	22,359	47,684	(15,803)	31,881	555.3


	Options			RSUs			PSUs
		Weighted			Weighted			Weighted
		Average			Average			Average
	Quantity	Grant Date		Quantity	Grant Date		Quantity	Grant Date
		Fair Value			Fair Value			Fair Value
Non-vested as of December 31, 2021	983,708	$	21.75	10,217,045	$	56.80	432,278	$	103.85
Granted	—		—	1,405,026		19.45	62,046		57.53
Vested	(227,284)		20.39	(1,137,412)		41.92	—		—
Forfeited	—		—	(1,017,036)		57.87	(83,907)		97.25
Cancelled	—		—	(3,484,251)		50.31	(207,415)		104.85
Non-vested as of September 30, 2022	756,424	$	22.16	5,983,372	$	54.46	203,002	$	91.40