JSC " AEROFLOT " 12 months 2004 FINANCIAL RESULTS In accordance with IAS (audited, consolidated)
Current liabilities (32.9) (5.8%) Non-current liabilities % Minority interest % Shareholders` equity % Change % Current assets % Non-current assets % Total assets 1, , % Total liabilities and equity 1, , % Consolidated balance sheet (USD million)
DEFICIENCY NET SURPLUS WORKING CAPITAL CHANGES (USD million)
PARAMETERS OF LIQUIDITY Change, % Current ratio % (the attitude of current assets to current liabilities) Quick ratio % (the attitude of liquid assets to current liabilities)
PARAMETERS OF FINANCIAL STABILITY The attitude Of borrowings to equity The attitude the operating profit to interest bearing
Revenue 2, , % Operating costs (1,953.9) (1,589.6) (364.3) 22.9% Operating income % Income before taxes % Net income % Change % Consolidated statement of income (USD million)
Operating results Change USD million % EBIT, USD million % EBITDA, USD million % EBITDAR, USD million %
PARAMETERS OF PROFITABILITY Change, % Net operating margin 9.5%7.4%2.1% (attitude of operating income to revenue) Net margin (attitude of income before minority interest to revenue) 8.1%8.1% 7.4 %0.7%0.7%