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Irkut, NPK

Company

Content

Revenue and profit of the company

RevenueProfit
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Assets

Assets

+ Irkut of NPK

Irkut corporation – the leader among Russian aircraft manufacturing the enterprises. The corporation integrated the leading domestic manufacturers and developers in the field of aircraft industry — the Irkutsk aircraft factory, the Taganrog Aviation Scientific and technical Complex of G.M. Beriyev, JSC A.S. Yakovlev Design Bureau, of BETA IR Ltd, etc.

Main product of Irkut corporation - warplanes of SU-30 family. The company is a head contractor of the program of production of SU-30MKI for the Air Force of India. Within diversification of the product row the corporation also develops and makes the YAK-130 training combat aircrafts, unmanned aerial vehicles, components for passenger airliners of the Airbus family. Recently the corporation actively conducts work on creation of the new passenger MS-21 airplane. Revenue of the company for the last five years doubled, having exceeded 1.6 billion dollars in 2010 and 2011. Over 15% of the market of the Russian weapon export fall to the share of corporation.

Performance Indicators

2009

The Irkut corporation provides a third of revenue of United Aircraft Corporation and over 15% of weapon export of the Russian Federation. In 2008 and 2009. The Ministry of Industry and Trade of the Russian Federation called the enterprise "The best exporter of year" in the Aircraft industry nomination. For the last 3 years revenue of the company according to IFRS increased by 35% and at the end of 2009 exceeded $1.3 billion. An order portfolio - over $6.9 billion.

2014

Despite the changed economic situation and significant depreciation of ruble revenue of the JSC Irkut Corporation for 2014 exceeded 1 billion 700 mln. dollars of the USA. The net profit of the company at the end of 2014 was 1,881 thousand dollars of the USA.

The Irkut corporation continues to develop the investment project on creation of the new MS-21 airplane. All investments, necessary for this project (capital investments and financing of developmental works) in 2014 are performed in full in the amount of 137 mln. dollars (in 2013 – 130 mln. dollars).

At the end of 2014 the positive operational flow is shown that allowed to hold a debt at the level of 2013. It managed to achieve against the background of the active investment program and considerable investments in working capital connected with increase in production of defense products.