REFERENCE: Nurbank OJSC (Kazakhstan) - financial indicarors

/IRBIS, June 5, 02/ - The data below are published in accordance with admittance of inscribed coupon indexed bonds of Nurbank OJSC (Atyrau) of the first issue (KZ2CKY03A544; KZT1,500.0m; KZT1,000; May 22, 02 - May 22, 05; semiannual coupon 8.5%APR) into Kazakhstan Stock Exchange's (KASE) official "A" listing category. The reference has been made by the materials of KASE listing commission conclusion. Detailed data about the issuer will be publisged by IRBIS agency in a special publication. Nurbank OJSC makes financial statement in compliance with Kazakhstan accounting standards and banking legislation and standard law acts of the National Bank of Kazakhstan. The table below shows data of non-audited financial statement of the bank and indicators calculated in compliance their base by stock exchange's specialists (in th KZT unless otherwise specified, amount of liquid assets has been determined in compliance with the National Bank's instruction). ------------------------------------------------------------------------ As of As of As of As of Name of indicator Jan 1.00 Jan 1.01 Jan 1.02 Jan 1.02 ------------------------- --------- ---------- ---------- ---------- Authorized capital (paid) 1,000,000 1,786,477 2,700,000 2,711,378 Shareholders' equity 1,438,526 2,879,953 4,711,920 5,036,700 Total assets 9,718,937 27,581,060 25,011,287 24,640,004 Liquid assets 7,432,339 19,275,784 12,085,077 11,058,185 Credits offered (net) 763,188 6,048,193 10,294,277 11,059,791 Liabilities, total 8,213,809 24,701,107 20,299,367 19,603,304 Loans and deposits 7,213,654 19,524,829 19,643,075 18,696,923 Total revenues 1,064,160 2,241,968 3,651,340 1,190,444 Total expenses 663,496 1,497,447 2,322,596 842,117 Net income 400,664 744,521 1,328,744 348,327 Return on assets (ROA), % 4.12 2.70 5.31 - Return on equity (ROE), % 27.85 25.85 28.20 - ------------------------------------------------------------------------ International audit of Nurbank OJSC consolidated financial statement for 1999 and 2000 prepared in compliance with international accounting standards was conducted by Arthur Andersen (Almaty, Kazakhstan), on consolidated financial statement for 2001 which was prepared in compliance with Kazakhstan accountinf standards - by the firm KPMG Janat (Almaty, Kazakhstan). The table below shows data of the bank's non-audited financial statement and indicators calculated in compliance with their base by stock exchange's specialists (th KZT unless otherwise specified). ------------------------------------------------------------------------ As of As of As of Name of indicator Jan 1.00 Jan 1.01 Jan 1.02 ------------------------------------- --------- ---------- ---------- Authorized capital (paid) 1,000,000 1,786,477 2,700,000 Shareholders' equity 1,378,945 2,744,797 4,711,920 Total assets 9,632,227 27,442,575 25,011,287 Liquid assets 8,729,267 20,866,206 12,085,077 Indebtedness of credit organizations' 6,066,623 5,903,996 2,584,765 Credits to clients 743,581 5,809,366 10,294,277 Liabilities, total 8,253,282 24,697,778 20,299,367 Indebtedness to credit organizations - 934,526 502,812 Indebtedness to clients 8,192,345 23,397,579 18,070,969 Net income 308,113 690,079 1,328,744 Return on assets (ROA), % 3.20 2.51 5.31 Return on equity (ROE), % 22.34 25.14 28.20 ------------------------------------------------------------------------ According to Arthur Andersen audit reports Nurbank OJSC consolidated financial statement by December 31 1999-2000 is impartial and objective description of the bank's and its subsidiary companies' financial situation and results of its activity and cash flow by the mentioned dates in compliance with International accounting standards. According to KPMG Janat audit report the bank's consolidated financial statement correctly and in all significant aspects reflects financial situation of Nurbank OJSC by January 1, 2002 and results of its activity, cash flow and shareholders' equity within the mentioned period, in compliance with Kazakhstan accounting standards. [2002-06-05]