JSC AVTOVAZ ANNUAL REPORTS

Consolidated financial statements for 2003 IAS

This Consolidated interim financial statements and review report 21 jule 2004.

Consolidated financial statements for 2003 IAS

This Consolidated interim financial statements and review report 30 june 2003.

Consolidated financial statements for 2002 IAS

This Consolidated financial statements for 2002 IAS.

Annual report - 2001

This annual report is a presentation version of the annual report of JSC AVTOVAZ that was approved by the General Shareholders Meeting on 25 May 2002.
Production output was 768,030 vehicles. Of this number, 84,866 vehicles were exported.
Production output of the VAZ-2110 family was 225,431 vehicles. Planned level of assembly was reached.
Overall profitability was 19%.
Consolidated net income was RR 13,827 million.
For the first time in the recent past, a substantial operating income of RR 7,166 million was earned in 2001.
Payment of preference dividend was declared.

This report contains the mission and strategic tasks of JSC AVTOVAZ, and corporate philosophy. In addition, this report contains the five-year financial review of JSC AVTOVAZ.

Annual report - 2000

This annual report is a presentation version of the annual report of JSC AVTOVAZ that was approved by the General Shareholders Meeting on 26 May 2001.
Production output was 706,377 vehicles. Of this number, 106,432 vehicles were exported.
Production output of the VAZ-2110 family was 160,126 vehicles, an increase of 48.6% on 1999.
Overall gross margin was 16.3%.
Consolidated net income was RR 2,751 million.
Operating income was at a level of break-even for two years in succession.

This report contains the mission and strategic tasks of JSC AVTOVAZ, and corporate philosophy. In addition, this report introduces the five-year financial review of JSC AVTOVAZ.

Annual report - 1999

This annual report is a presentation version of the annual report of JSC AVTOVAZ that was approved by the General Shareholders’ Meeting on 27 May 2000.
Production output was 677,687 vehicles. Of this number, 47,906 vehicles were exported.
Production output of the VAZ-2110 family was 116,876 vehicles.
Overall gross margin was 17%.
Consolidated net income was RR 850 million.

This report introduces the mission and strategic tasks of JSC AVTOVAZ as well as objectives of operations reform.

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