Стр. 3 - Annual Report 2013. Motor Sich.

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CONTENTS
President's Address . . . . . . . . . . . . . . . . . . . . . . . . . 3
General Information about Company . . . . . . . . . . . 5
- Company Profile . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
- State Registration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
- Authorized Capital . . . . . . . . . . . . . . . . . . . . . . . . . 6
- Auditor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
- Specialization of Enterprise . . . . . . . . . . . . . . . . . . 7
- Corporate Strategy . . . . . . . . . . . . . . . . . . . . . . . . . 7
- Company's Mission . . . . . . . . . . . . . . . . . . . . . . . . 7
- Positioning in Industry . . . . . . . . . . . . . . . . . . . . . . 8
Company Structure . . . . . . . . . . . . . . . . . . . . . . . . 11
- Business Units within Ukraine. . . . . . . . . . . . . . . 12
- Separate Divisions with Right to Open Current
and Settlement Accounts . . . . . . . . . . . . . . . . . . 12
- Subsidiaries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
- Health Resorts . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
- Representative Offices . . . . . . . . . . . . . . . . . . . . . 16
Management Bodies . . . . . . . . . . . . . . . . . . . . . . . 19
- Board of Directors . . . . . . . . . . . . . . . . . . . . . . . . 20
- Annual General Meeting . . . . . . . . . . . . . . . . . . . 22
- Supervisory Board . . . . . . . . . . . . . . . . . . . . . . . . 24
- Internal Audit Commission . . . . . . . . . . . . . . . . . 25
Production Activity . . . . . . . . . . . . . . . . . . . . . . . . . 27
- Key Indices of Production and Financial Activity . . 28
- Helicopter Production . . . . . . . . . . . . . . . . . . . . . 29
- Production Activity and Work in Progress. . . . . . 30
- Labor and Salary . . . . . . . . . . . . . . . . . . . . . . . . . 30
- Advanced Technologies . . . . . . . . . . . . . . . . . . . . 32
- Certificates and Licenses . . . . . . . . . . . . . . . . . . . 34
- Maintenance Service . . . . . . . . . . . . . . . . . . . . . . 36
- Priority Areas of Activity . . . . . . . . . . . . . . . . . . . . 36
- Prospects for Further Development in 2014 . . . 37
Foreign Economic Activity . . . . . . . . . . . . . . . . . . . 39
- Cash Inflow by Regions . . . . . . . . . . . . . . . . . . . . . . . . 40
- Participation in Exhibitions . . . . . . . . . . . . . . . . . . . . . . 41
- Technical Reequipment . . . . . . . . . . . . . . . . . . . . 42
- Prospects for 2014 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43
Financial and Economic Activity . . . . . . . . . . . . . . 45
- Credit Policy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46
- Indices of Financial Stability, Business Activity
and Creditworthiness . . . . . . . . . . . . . . . . . . . . . 47
Investment Activity. . . . . . . . . . . . . . . . . . . . . . . . . 49
- Capital Investments . . . . . . . . . . . . . . . . . . . . . . . 50
- Attraction of Budgetary and
Credit Funds for Financing Development
and Preproduction of New Products . . . . . . . . . 50
- Investments into Business Entities . . . . . . . . . . . 51
- Investments into Separate Legal Entities . . . . . . 51
Securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53
- Analysis of Changes in Cost
of Company Shares . . . . . . . . . . . . . . . . . . . . . . . 54
- Quantity and Structure of Shareholders . . . . . . . 55
- Legal Entities Involved in Recording Rights
to Shares. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55
Key Risk Factors . . . . . . . . . . . . . . . . . . . . . . . . . . . 57
- Industry Risks . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58
- Financial Risks . . . . . . . . . . . . . . . . . . . . . . . . . . . 59
- Legal and Macroeconomic Risks. . . . . . . . . . . . . 60
Personnel and Personnel Policy . . . . . . . . . . . . . . . 63
- Personnel Structure . . . . . . . . . . . . . . . . . . . . . . . 64
- Personnel Development. . . . . . . . . . . . . . . . . . . . 64
- Personnel Policy Prospects for 2014 . . . . . . . . . 65
- Youth Policy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 66
- Social sphere . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67
Financial Statements . . . . . . . . . . . . . . . . . . . . . . . 69
- Balance sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71
- Statement on Financial Performance . . . . . . . . . 72
- Main Aspects of Accounting Policy . . . . . . . . . . 73
- Notes to Financial Statements . . . . . . . . . . . . . . 73