Finances

Irkut Corporation is a dynamically developing company. Corporation’s shares are traded on the Moscow Exchange. Irkut Corporation releases financial statements in accordance with IFRS since 2002. During this period revenues increased more than threefold according to IFRS. The Corporation has a reputation of a reliable participant of the public borrowing market. Moody's Investors Service has assigned a credit rating of the Corporation in 2005, which is updated annually.

Financial statements
Key figure, mln. USD
2006 IFRS
2007 IFRS
2008 IFRS
2009 IFRS
2010 IFRS
2011 IFRS
2012 IFRS
2013 IFRS
2014 IFRS
Revenue
832
1023
1248
1314
1673
1626
1531
1906
1707
Product and services costs
-537
-716
-848
-909
-979
-1108
-1163
-1407
-1363
including amortization
23.9
31.9
40
42
44
50
64
62
58
Gross profit
295
307
400
405
694
518
368
498
344
Gross margin
35%
30%
32%
31%
41%
32%
24%
26%
20%
Operating costs
-214
-226
-325
-352
-532
-315
-355
-360
-271
Operational profit
81
80
75
53
162
203
13
138
73
Operating income margin
10%
8%
6%
4%
10%
12%
1%
7%
4%
Net financing costs
-25
(33.4)
-116.6
-83
-59
-39
-16
-84
-36
including net interest expense
-34.1
(54)
-54.4
-54
-35
-40
-58
-98
-58
Profit before tax
56
47
-41.3
-29.6
103
164
-3
54
37
Pretax margin
7%
5%
3%
2%
6%
10%
-0.2%
2.8%
2.2%
Profit (loss) for income tax
-12
-9
6.5
10
-18
-41
35
-18
-35
Net profit per year
43.7
37.9
-34.9
-19.4
86
123
32
36
2
Minority interest
-0.5
10.7
-5.7
-0.3
1
0.6
0.5
0.6
1
Net profit
43.2
48.7
-40
-19.7
85
123
32
36
2
Net profit margin
5%
5%
-3%
-1.4%
5.1%
7.6%
2%
2%
0.12%
EBIT
90
100.9
13
24
138
204
45
124
73
EBIT margin
11%
10%
1%
1.9%
8%
13%
3%
7%
4%
EBITDA
114
133
53
67
182
254
108
186
131
EBITDA margin
14%
13%
4%
5%
11%
16%
7%
10%
8%
Net debt
577
631
585
704
659
780
528
455
464
Total equity
410
450
367
346
589
869
793
822
777
Operating сash flow
-81
102
213
15
21
-188
570
187
36
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