Main results of activity of KazAgroFinance JSC (Kazakhstan) for Q1 of year 2007

12.06.07 21:03
/IRBIS, Dinara Mukasheva, June 12, 07/ - KazAgroFinance JSC (Astana), within listing requirements, has presented Kazakhstan stock exchange (KASE) its non-audited financial statements for the first quarter of year 2007 (similar indicators for 2006 are given in parentheses). According to the presented data, the company's net loss for the mentioned period totaled KZT949.9 (KZT17.6 m.) According to data of KazAgroFinance JSC, income connecting with getting interest payments for the first quarter of year 2007 made KZT465.6 m. (KZT280.8 m.), while charges on interest payments were KZT116.1 m. (KZT32.9 m.). Assets of the company as of end of first quarter of the current year were KZT44,213.5 m. compared to KZT35,323.0 m. as of December 31, 2006. Equity capital of the company by the end of the first quarter of the current year reached KZT28,712.1 m., compared to KZT22,661.9 m. by the end of 2006. Authorized capital since the beginning of year increased by KZT7.0 m. and estimated by the company at KZT28,825.6 m. Original financial statements of KazAgroFinance JSC for the first quarter of year 2007 is available on KASE's web-site at http://www.kase.kz/emitters/kafi.asp Bonds of KazAgroFinance JSC are traded in KASE's official "A" listing category. Company's primary activities - financial leasing of the agricultural and processing equipment; crediting for purchase of agricultural equipment (including spares for them) and replenishment of loaners' capital; crediting of machine-technological stations for servicing the agricultural equipment. [2007-06-12]