With independent auditor’s report



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UNG FS 2020 with audit opinion (1)

At 1 January
14,277
23,688
8,446
Recognition of associated companies


13,500
Share in profits of joint ventures and associates, net
1,875
(125)
1,823
Dividends received


(135)
Foreign currency translation
1,524
1,619
186
Disposal of JSC “Uztransgaz”
(Note 21)

(11,128)

Other

223
(132)
At 31 December
17,676
14,277
23,688
The equity share in profits/(losses) of associates and joint ventures comprises the following:
In billions of Uzbek soums
2020
2019
2018
“Uz-Kor Gas Chemical” JV LLC
590
916
658
“Asia Trans Gaz” JV LLC
1,230
1,131
1,039
“Uztransgaz” JSC

(2,372)

Other joint ventures and associates
55
200
126
Total equity share in profits of associates and joint ventures
1,875
(125)
1,823
The following tables illustrate summarized financial information of material joint ventures, based on financial
statements of these entities for 31 December 2020, 2019 and 2018:
As at 31 December
“Uz-Kor Gas Chemical” LLC
2020
2019
2018
Non-current assets
26,707
25,691
24,691
Current assets, including
14,306
12,409
8,951
Cash and cash equivalents
3,883
4,178
2,536
Non-current liabilities, including
9,138
8,207
6,549
Non-current financial liabilities
9,089
8,165
6,516
Current liabilities
16,051
16,648
17,205
Equity

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