PPF's assets increased by 9 percent to EUR43.5bn.

"I am proud of the joint work of our teams, which drove our excellent performance last year. I am also pleased that, thanks to our new investments, we have built a strong foundation for the group's further development in the coming years," said the group's CEO Jiri Smejc. According to him, 2022 was negatively affected by the exit from the Russian market.

PPF investment group operates in 25 countries in Europe, Asia and North America. It invests in financial services, telecommunications, media, biotechnology, real estate and engineering.

The group includes consumer finance provider Home Credit, Air Bank, the telecommunications companies Cetin and O2, the media company Central European Media Enterprises (CME), the real estate group PPF Real Estate Holding, the engineering company Skoda Group and the Czech toll operator CzechToll.