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Net income of Algoritm reaches 2.624bn soums in 2012
Net income of Algoritm reaches 2.624bn soums in 2012

Net income of Algoritm reaches 2.624bn soums in 2012

Tashkent, Uzbekistan (UzDaily.com) -- Net income of Algoritm open joint stock company grew from 36.708 billion soums in 2011 to 2.625 billion soums in 2012, the audited balance sheet of the company said.

The company’s net revenue rose from 4.108 billion soums in 2011 to 11.682 billion soums in 2012. The prime cost exceeded 6.337 billion soums in 2012 against 2.618 billion soums in 2011.

Gross income of Algoritm made up 5.345 billion soums in 2012 against 1.49 billion soums in 2011. The expenses rose from 1.912 billion soums to 3.122 billion soums in the reporting period.

Other income from main activities grew from 813 million soums in 2011 to 1.388 billion soums in 2012. Income from main activity rose from 390.21 million soums to 3.611 billion soums in the reporting period. Income from financial activities fell from 3.849 billion soums in 2011 to 1.54 billion soums in 2012.

The assets exceeded 47.326 billion soums in 2012 against 60.402 billion soums in 2011. Long-term assets fell from 54.1 billion soums in 2011 to 28.348 billion soums in 2012.

Current assets of Algoritm made up 18.977 billion soums in 2012 against 6.3 billion soums in 2011, the report said.

According to the company, own capital fell from 55.812 billion soums in 2011 to 41.824 billion soums in 2012. The charter capital was 395.046 million soums in 2012.

Liabilities of Algoritm rose from 4.59 billion soums in 2011 to 5.501 billion soums in 2012.

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