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Economy 25/07/2012 Uzavtosanoat’s net income makes up 16.156bn soums in 2011
Uzavtosanoat’s net income makes up 16.156bn soums in 2011
Tashkent, Uzbekistan (UzDaily.com) -- Uzavtosanoat (Uzbek Car Industry) published corrected annual report for 2011, in line with which net income of the company last year made up 16.156 billion soums.

In 2010, Uzavtosanoat received 15.943 billion soums of net income in 2010. The growth rate compared to 2010 made up 1.34%.

Other income from main activity grew from 24.79 billion soums in 2010 to 33.395 billion soums in 2011 (earlier this figure was 32.906 billion soums). Income from main activity decreased from 8.6 billion soums in 2010 to 3.576 billion soums in 2011 (earlier 2.859 billion soums).

Expenses of Uzavtosanoat, according to new report, made up 29.818 billion soums (30.047 billion soums) in 2011 against 16.19 billion soums in 2010.

Income from financial activities increased from 11.72 billion soums in 2010 to 20,875 billion soums in 2011 (earlier 20.849 billion soums).

Expenses from financial activity grew from 1.98 billion soums in 2010 to 6.287 billion soums in 2011. This figure did not change.

Uzavtosanoat’s assets made up 2.563 trillion soums in 2011 against 2.125 trillion soums in 2010. Long-term assets rose from 1.179 trillion soums in 2010 to 1.598 trillion soums in 2011. Current assets rose from 946.702 billion soums in 2010 to 964.25 billion soums in 2011. These figures did not change as well.

Own capital of the company grew from 2.064 billion soums to 2.463 billion soums in the reporting period. The charter capital rose from 235.976 billion soums in 2010 to 341.971 billion soums in 2011. These figures did not change as well.

Liabilities of the company rose from 61.875 billion soums in 2010 to 99.748 billion soums (earlier 99.529 billion soums) in 2011. Long-term liabilities grew from 50.619 billion soums to 60.361 billion soums in the reporting period. Current assets made up 33.117 billion soums (33.187 billion soums) in 2011 against 11.256 billion soums in 2010.

Uzavtosanoat joint stock company, uniting enterprises of automobile industry of Uzbekistan, was created in 2004 on the base of Uzavtosanoat Association. The company includes 20 enterprises, including 16 joint ventures.

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