PJSC Motor Sich (Zaporizhia) in 2014, according to preliminary data, saw net profit under international financial reporting standards (IFRS) in the amount of UAH 1.547 billion, which is 12.97% more than in 2013.

According to an official company report, its retained earnings in the past year increased by 18.1%, to UAH 9.951 billion, stocks - by 30%, to UAH 6.816 billion.

The company's long-term financial investment for the year decreased by 54.1%, to UAH 108.93 million, total debtor indebtedness rose by 64.04%, to UAH 2.496 billion.

Its long-term liabilities increased by 33.7%, to UAH 1.797 billion, current liabilities - by 47.63%, to UAH 3.293 billion.

Assets grew by 24.36%, to UAH 16.041 billion.

According to the report, the results of Motor Sich's financial and economic activities for 2014 are to be approved at a general shareholders' meeting scheduled for February 26.

PJSC Motor Sich is one of the world's largest manufacturers of aircraft engines, as well as industrial gas turbines. It supplies products to 106 countries.

According to the company, the portfolio of its orders in 2014 exceeded $950 million.