Results of activity of Kazneftehim LLP (Kazakhstan) for 9 months of 2002

/KASE, November 18, 02/ - Kazneftehim LLP (Almaty), whose bonds are circulating under stock exchange's official "В" listing category, provided KASE with financial statement for 9 months of 2002: balance sheet, income statement and cash flow statement. The following indicators are results of the issuer's financial and economic activity in nine months of 2002, based upon the issuer's information (in th. KZT): ---------------------------------------------------- As of As of Indicator Jan 1, 01 Oct 1, 02 -------------------------------- --------- --------- Authorized capital (paid) 100,000 100,000 Shareholders' equity 102,239 88,864 Total assets 339,422 421,524 Net working capital 74,363 -12,006 Accounts receivable 225,756 273,309 Liabilities, total 237,183 332,661 Attracted credits 147,196 119,198 Accounts payable 89,987 212,379 Sales volume 778,098 410,791 Cost of goods sold 709,029 339,201 Net income (loss) for the period (12,779) (12,970) ---------------------------------------------------- Comparative analysis of the company's results of activity with corresponding period of 2001 is not given on account of absence of data. The tale below shows dynamics of some indicators of Kazneftehim LLP for 9 months of 2002 by quarters by not growing result (in th. KZT): ----------------------------------------------------- Change, Change, Indicator I-2002 II-2002 % III-2002 % ------------ ------- ------- ------- -------- ------- Sales volume 202,025 45,744 -77.4 163,022 +256.4 Net income 5,020 -11,985 -338.8 -6,005 +49.9 ----------------------------------------------------- The company's primary activities - trade with mineral oils at domestic and foreign markets, reloading, transportation of oil, production and refining of mineral oils and other. [2002-11-18]