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Economy 19/07/2011 Uzavtosanoat posts 15.943bn soums of net income in 2010
Uzavtosanoat posts 15.943bn soums of net income in 2010
Tashkent, Uzbekistan (UzDaily.com) -- Uzavtosanoat joint stock company (Uzbek Automobile Industry) increased its net income by 51.52% to 15.943 billion soums in 2010, the audited report of the company said.

Other income of the company from main activity grew from 18.342 billion soums in 2009 to 24.79 billion soums in 2010. Income from main activity made up 8.6 billion soums in 2010 against 5.57 billion soums in 2009.

Income from financial activity grew from 8.79 billion soums in 2009 to 11.72 billion soums in 2010. The expenses from financial activity slipped from 2.6 billion soums in 2009 to 1.98 billion soums in 2010.

Income before tax grew from 11.756 billion soums in 2009 to 18.342 billion soums in 2010, the report underlined.

Uzavtosanoat’s assets made up 2.119 trillion soums in 2010 against 1.694 trillion soums in 2009. Long-term assets grew from 876.3 billion soums to 1.172 trillion soums in the reporting period. Current assets rose from 817.814 billion soums in 2009 to 946.702 billion soums in 2010.

Own capital of the company grew from 1.611 billion soums in 2009 to 2.057 billion soums in 2010 The charter capital grew from 192.609 billion soums in 2009 to 235.976 billion soums in 2010.

The company’s liabilities fell from 83.033 billion soums in 2009 to 61.875 bilion soums in 2010. Long-term liabilities decreased from 59.975 billion soums to 50.619 billion soums in 2010. Current assets made up 11.256 billion soums in 2010 against 23.06 billion soums in 2009.

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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