Results of Mangistaumunaigas OJSC (Kazakhstan) in I quarter of 2001

/KASE, Sept 21, 01/ - Mangistaumunaigas OJSC (Aktau) provided the KASE with its financial statements for the I quarter of 2001: balance sheet and income statement. By the data of the issuer following are the results of the company in the I quarter of 2001 (in th. KZT): --------------------------------------------------- As of As of Ratio Jan 1 '01 Apr 1 '01 -------------------------- ----------- ---------- Authorized capital (paid) 10,892,027 10,892,027 Shareholders' equity 24,144,550 32,858,949 Total assets 76,661,087 86,043,335 Net working capital -4,272,990 3,526,539 Accounts receivable 41,298,551 47,809,545 Accounts payable 40,863,975 41,072,164 Liabilities 52,516,537 53,184,386 Sales 106,193,223 27,213,686 Cost of goods sold 31,275,487 14,078,678 Net income (loss) 18,324,116 8,717,703 Book value of a share, KZT 2,217.24 3,016.79 --------------------------------------------------- No comparison is given to similar period of 2000 because the company did not provide financial statements for the first quarter of 2000. Primary activities of the company: exploration and transportation of gas; oil processing, sales of oil and oil products; exploitation and development of oil and gas fields. Now, official list of the Exchange has common inscribed (KZ1C05020218, trade code - MMGZ) and preferred inscribed (KZ1C05020218, trade code - MMGZ) shares of Mangistaumunaigas OJSC under category "B".