(Reuters) – Companies that have announced an exit from Russia or suspended activities after the invasion of Ukraine began to estimate losses.

The following alphabetical list contains firms that provide cost estimates for Russia’s temporary and permanent business suspensions:

AB InBev

On April 22, the Belgian brewer, InBev Efes, announced that it was selling its controlling stake in Russian joint venture AB InBev Efes. A $1.1 billion impairment charge will result from the divestiture in the first quarter. There are 11 breweries within Russia, and three in Ukraine.

ADIDAS

German sportswear brand, Sportwear Deutschland warned that Russia would close its business. However, it did not give an estimated amount. The country has 500 of the company’s total stores. According to the company, Ukraine poses a danger to sales up to 250million euros ($271 million), about 1 percent of its total for 2021.

CARLSBERG

A Danish beer maker stated that the Russian sale would cause a writedown of around 9.5 billion crowns (1.4 billion). In 2021, the company earned 10% of its revenues and 6% of its operating profits in Russia. The company also stated that it expects 300 million Ukrainian crowns to be impaired charges and goodwill writedowns totaling 700 million crowns in the Central and Eastern Europe region.

CITIGROUP

According to the U.S. bank, it estimates that its Russia exposures could result in losses of as high as $3.0 billion in severe adverse scenarios. It stated that it has reduced its total exposures to the country by $2.0billion to $7.8billion since December 2021. To prepare for potential losses due to direct Russian exposures and economic effects of war in Ukraine, the largest American bank added $1.9Billion to its reserves during the first quarter.

CREDIT SUISSE

According to the Swiss bank, the Russian invasion of Ukraine could cost the country 200 million Swiss francs (209.10 millions) by 20 April.

ESSITY

According to the Swedish Hygiene Products Group, it would report a writedown of 1.4 million crowns ($147.66m) following its March Russian production and sale shutdown. It generated around 2.2% of the total country’s sales last year. This was approximately $295.32 million.

EXXON MOBIL COMPANY

Oil giant Russia will leave and cease oil and gas operations. This decision will impact earnings. Exxon Mobil (NYSE) Russian oil-and gas operations are valued at over $4 billion

HASBRO

American toys manufacturer Toys R Us warned that it could suffer a revenue loss of around $100 million due to the decision to suspend Russian toy exports.

HEINEKEN NV

Ende March saw the Amsterdam-based beer maker decide to leave Russia. The decision was made because it concluded that business ownership is neither sustainable nor viable in today’s environment. Heineken (OTC) stated that it would not benefit from the transfer of ownership. It expects impairment and non-cash extraordinary charges totaling about 0.4 billion Euros ($432.96 Million).

HUSQVARNA

According to the Swedish manufacturer of gardening equipment, April 21 saw write-downs in excess of 119,000,000 crowns (or $122.6 million) for its first quarter 2022. This was due to Russia’s ban on all Russian exports. Russia represented 1.5% of the group’s sales in 2021.

KONECRANES

According to the Finnish engineering company, it had to write down 79 million euro in Russian orders in its first quarter. The company also cancelled 32million euros (34.62 millions) in sales to Russia, which had a negative impact on the quarter’s operating profits by around 39 million.

LPP

LPP’s fourth quarter results, Poland’s largest fashion retailer, suffered a write-off of 335M Zloty (78.05 Million) to cover the closure of its Russian stores. Russia was LPP’s second-largest market in 2021/2022. This represented 19.2% the retailers’ full-year sales revenues. It expects that the 25% loss of revenue from Russia and Ukraine could be caused by the closing of Russian-owned stores.

METSO OUTOTEC

Finnish mining solution provider, Finnish Mining Solutions, stopped Russian deliveries in March. It stated that Russian clients have operative assets worth approximately 100 million euros ($109 million). If it fails to manage existing contracts, this could put the company at serious risk. The Russian market accounted for 10% of company revenue. In March, the company added that it held 269 millions euros in advance payment guarantees related to Russian exports.

MCDONALD’S

McDonald’s (NYSE) announced in March that it would spend about $50M per month to close its Russian restaurant. Out of the more than 38,000 locations worldwide, 847 are located in Russia.

Brokerage Piper Sandler predicts that the Russian operation of the restaurant chain will be halted by 2022, resulting in earnings per share at $1.19.

NETFLIX

According to the global streaming giant, the decision to stop services in Russia on April 19, resulted from the 700,000 member loss. This is the company’s first drop in subscribers in more than 10 years.

OMV

According to Austria’s energy group, the pullback from Russia would result in a 2Billion euro hit for the quarter. The impact will be divided equally between Nord Stream 2 and adjustment of the Russian consolidation methods.

PHILIP MORIS

After discontinuing the sale of many Marlboro and Parliament cigarettes in Russia, Philip Morris (NYSE:) took 3 cents per share for Q1’s war in Ukraine. Philip Morris (NYSE 🙂 reported Q1 results of $2.32 billion or $1.50 per shares, a drop of 3.6% from the previous year. Russia generated over $1.8 billion in revenue for Philip Morris last year. This is roughly 6% of its total global sales.

RENT

Renault (EPA:) In March, EPA stated that it had considered a 2.2-billion-euro ($2.38 Billion) non-cash writedown in order to cover the possible costs associated with Russia’s suspension of operations. Although Russia was the second largest market for the company, revenue lost in the first quarter of 2011 was 166 millions euros.

SHELL

After its decision to leave Russia, the world’s biggest liquefied trader, it will reduce its assets by up to $5Billion. This is in addition to the previously announced $3.4B. This was in addition to potential consequences around contracts and writedowns receivables as well as credit losses.

SOCIETTE GENERALE

French bank Interros Capital will write off the 3.1 billion euros (or $3.35 billion) it received from its Rosbank unit sale to Interros Capital. This amount includes a 2Billion-euro loss on Rosbank’s books and the remainder linked to the reverse of rouble currency conversion reserves.

SKF

On April 22, the Swedish seal and bearing maker announced that it would cease operations in Russia. It also plans to sell its Russian business carefully. In the second quarter, approximately 500 million Swedish Crowns will be written down ($52.70million). Russian sales made up about 2% in total Group sales for 2021.

TJX (NYSE 🙂

TJX, a U.S. fashion retailer, announced that it will sell 25% of Familia’s Russian apparel chain. TJX bought the stake for $225 million in 2019, but it was worth $186 million as of the 31 January. TJX stated that it may need to report impairment as a result of divestiture in the event the Fair Value of Familia Investment falls below its carrying amount on the Balance Sheet.

VOLVO

After suspending Russian activities that were equivalent to 3% of its group sales, the Swedish truck manufacturer said it had put aside $423 million.

($1 = 0.9243 euro)

($1 = 9.4870 Swedish crowns

($1 = 6.8341 Danish crowns)

($1 = 4.2921 zlotys)

($1 = 0.9565 Swiss franc)