Liquidity Analysis

RUB mln
Name 31 December 2020 31 December 2019 Change, % 31 December 2018
Current assets 489,820 472,842 3.6 407,071
including:
cash and equivalents 62,812 83,601 (24.9) 101,852
short-term deposits and bonds 289,021 217,426 32.9 179,069
Current liabilities 304,762 303,993 0.3 294,753
Net working capital 185,058 168,849 9.6 112,318
Current ratio 1.6 1.6 х 1.4
Quick ratio 1.3 1.1 х 1.1
Debt/EBITDA 1.3 1.3 х 1.4
Debt/equity 0.3 0.3 х 0.3

Given below is Information on the contractual maturity of financial liabilities, including interest payments calculated at the rates valid as at 31 December 2020 and 31 December 2019, with the debt in foreign currency calculated at the exchange rate of the Central Bank of the Russian Federation as at 31 December 2020, 31 December 2019 and 31 December 2018, respectively.

Cash flow under signed contracts 31 December 2020
Book value Total 2021 2022 2023 2024 2025 More than 5 years
Loans and borrowings 589,542 753,779 119,557 112,594 119,140 95,368 93,824 213,296
Lease obligations 20,851 41,758 3,792 3,362 3,130 2,536 2,434 26,504
Trade and other payables 60,671 60,748 60,245 288 171 43 1 -
TOTAL 671,064 856,285 183,594 116,244 122,441 97,947 96,259 239,800
Cash flow under signed contracts 31 December 2019
Book value Total 2020 2021 2022 2023 2024 More than 5 years
Loans and borrowings 637,352 855,045 117,247 107,098 112,133 88,747 128,340 301,480
Lease obligations 20,800 43,064 3,618 3,409 3,391 2,508 2,231 27,907
Trade and other payables 59,234 59,836 58,772 981 28 - 55 -
TOTAL 717,386 957,945 179,637 111,488 115,552 91,255 130,626 329,387
Cash flow under signed contracts 31 December 2018The Group first applied IFRS Leases from 1 January 2019.
Book value Total 2019 2020 2021 2022 2023

Over

5 years

Loans and borrowings 672,992 871,741 136,262 87,287 89,861 81,941 88,666 387,724
Trade and other payables 66,018 66,087 64,599 1,118 253 113 - 4
TOTAL 739,010 937,828 200,861 88,405 90,114 82,054 88,666 387,728