Abstract. The models are examined which are proposed elsewhere for describing the magnetic field dynamics in ring-current DR during magnetic storms on the basis of the magnetospheric energy balance equation. The equation parameters, the functions of injection F and decay % are assumed to depend on interplanetary medium parameters (F and r during the storm main phase) and on ring-current intensity (z during the recovery phase). The present-day models are shown to be able of describing the DR variations to within a good accuracy (the r.m.s, deviation 5 < b < 15 nT, the correlation coefficient 0.85 < r < 1). The models describe a fraction of the geomagnetic field variation during a magnetic storm controlled by the geoeffective characteristic of interplanetary medium and, therefore responds directly to the variation of the latter. The fraction forms the basis of the geomagnetic field variations in low and middle latitudes. The shorter-term variations of DR are affected by the injections into the inner magnetosphere during substorm intervals.During magnetic storms, the auroral electrojets shift to subanroral latitudes. When determining the AE indices, the data from the anroral-zone stations must be supplemented with the data from subauroral observatories. Otherwise, erratic conclusions may be obtained concerning the character of the relationships of DR to AE or of AE to interplanetary medium parameters. Considering this circumstance, the auroral electrojet intensity during the main phase is closely related to the energy flux supplied to the ring current. It is this fact that gives rise simultaneously to the intensification of auroral electrojets and to the large-scale decrease of magnetic field in low latitudes.The longitudinal asymmetry of magnetic field on the Earth's surface is closely associated with the geoeffective parameters of interplanetary medium, thereby making it possible to model-estimate the magnetic field variations during magnetic storms at given observatories. The inclusion of the field asymmetry due to the system of large-scale currents improves significantly the agreement between the predicted and model field variations at subauroral and midlatitude observatories. The first harmonic amplitude of field variation increases with decreasing latitude. This means that the long-period component of the Ds,-variation asymmetry is due rather to the ring-current asymmetry, while the shorter-term fluctuations are produced by electrojets. The asymmetry correlates better with the AL indices (westward electrojet) than with the A U indices (eastward electrojet).The total ion energy in the inner magnetosphere during the storm main phase is sufficient for the magnetic field observed on the Earth's surface to be generated. The energy flux to the ring current is ~ 15 ~ of the e-energy flux into the magnetosphere.