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Economy 23/04/2012 Net income of Algoritm reaches 36.708m soums in 2011
Net income of Algoritm reaches 36.708m soums in 2011
Tashkent, Uzbekistan (UzDaily.com) -- Net income of open joint stock company Algoritm grew from 6.482 million soums in 2010 to 36.708 million soums in 2011, according to the audited balance sheet of the company.

Net revenue rose from 1.778 billion soums in 2010 to 4.108 billion soums in 2011. Prime cost made up 2.618 billion soums in 2011 against 910.003 million soums in 2010.

Gross income of Algoritm exceeded 1.49 billion soums in 2011 compared to 867.77 million soums a year earlier. Expenses rose from 1.194 billion soums to 1.912 billion soums in the reporting period.

Other incomes from main activity jumped from 487.594 million soums to 813 million soums in the reporting period. Income from main activity rose from 161.134 million soums to 390.21 million soums. Income from financial activity increased from 3.926 million soums in 2010 to 3.85 billion soums in 2011.

The company’s assets reached over 60.4 billion soums in 2011 against 52.874 billion soums in 2010. Long-term assets rose from 48.114 billion soums in 2010 to 54.1 billion soums in 2011.

Current assets of Algoritm made up 6.3 billion soums in 2011 against 4.76 billion soums in 2010, according to balance sheet.

According to the company, own capital grew to 55.812 billion soums in 2011 from 51.777 billion soums in 2010. The charter capital remained at 395.046 million soums.

Liabilities of the company rose from 1.096 billion soums in 2010 to 4.59 billion soums in 2011.

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