Main results of activity of KazAgroFinance JSC (Kazakhstan) in 2006 by audited data

27.06.07 20:28
/IRBIS, Ruslan Dzyubaylo, June 27, 07/ - KazAgroFinance JSC (Astana), within listing requirements, has presented Kazakhstan stock exchange (KASE) its audited financial statements for year 2006. Audit of financial statement for the company was conducted by Deloitte (Almaty) in accordance with international standards of audit. Similar indicators for 2005 are given in parentheses. According to audited data, the company's net income for the mentioned period totaled KZT525.5 (KZT319.4 m.) According to data of audit income connecting with getting interest payments for year 2006 totaled KZT1,443.1 m. (KZT1,037.6 m.), while charges on interest payments were KZT245.1 m. (KZT146.5 m.). At that net interest income for year 2006 is equal to KZT1,245.6 m. (KZT714.3 m.). Assets of KazAgroFinance JSC as of December 31, 2006 were KZT35,323.0 m., compared to KZT25,727.1 m. as of December 31, 2005. Equity capital of the company as of December 31, 2006 reached KZT22,661.9 m., compared to KZT15,296.1 m. by the end of 2005. Authorized capital by the end of year 2006 made KZT21,825.6 m. (KZT14,825.6 m.). Original financial statements of KazAgroFinance JSC 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. [2007-06-27]