Store Portfolio and Locations

Total

5,663

+ 759

5,039

89.0%

624

11.0%

Russia

5,098

+ 653

4,575

80.8%

523

9.2%

1. Central

1,468

+ 177

1,456

25.7%

12

0.2%

2. Northwestern

521

+ 60

388

6.9%

133

2.3%

3. Southern

636

+ 84

608

10.7%

28

0.5%

4. North Caucasus

200

+ 26

179

3.2%

21

0.4%

5. Volga

1,064

+ 136

1,048

18.5%

16

0.3%

6. Urals

514

+ 64

424

7.5%

90

1.6%

7. Siberian

595

+ 83

472

8.3%

123

2.2%

8. Far Eastern

100

+ 23

0

0.0%

100

1.8%

Kazakhstan

235

+ 63

211

3.7%

24

0.4%

Uzbekistan

19

- 23

0

0.0%

19

0.3%

Latvia

36

+ 12

0

0.0%

36

0.6%

Georgia

6

+ 2

0

0.0%

6

0.1%

Kyrgyzstan

6

+ 1

0

0.0%

6

0.1%

Belarus

263

+ 51

253

4.5%

10

0.2%

Total number
of stores

Number of Company-
operated store

Number of franchise
stores

% of total number
of stores

Net store
openings, 2022

293
Average total store size (sq.m)For Company-operated stores
216
Average store selling space (sq.m)For Company-operated stores
4.8
Average net investment (RUB million)Average net investment is the average capital expenditure required to open a new Russia-based Company-operated store, including IT equipment and intangible assets (e.g. software licences) (based on capital expenditures for stores opened in 2022)
7.2
Average IAS 17-based store EBITDA (RUB million)Average IAS 17-based store EBITDA is calculated as store revenue less store level expenses associated with the cost of goods sold, transportation costs, shrinkage costs, staff costs, operating lease expenses, bank charges, security costs, maintenance costs, advertising expenses, utility expenses, and other operating expenses for the first full 12 calendar month period after opening (based on Company-operated Russian stores that were opened during 2021, were operating as of 31 December 2022 and repaid the average net investment [i.e. where the cumulative IAS 17-based store EBITDA since store opening exceeded RUB 4.8 million])
~ 2,000
SKUs
10
Average payback period (months)Average payback period is defined as the time period required for the cumulative IAS 17-based store EBITDA from a new Russia-based Company-operated store above to cover the sum of average net investment, above, expressed in months
149
Average store-level ROIC (%)Average store-level ROIC is defined as average IAS 17-based store EBITDA above divided by average net investment, above, expressed as a percentage