Auditor's report on 2018 financial statements of Mangistau Regional Electricity Network Company released

14.06.19 17:02
/KASE, June 14, 2019/ – Mangistau Regional Electricity Network Company (Aktau), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the company's financial statements for 2018. According to audited data as of December 31, 2018 (in th. tenge, if not otherwise specified): ---------------------------------------------------------- as of as of Indicator 31.12.18 31.12.17 ------------------------------------ ---------- ---------- Equity 22,519,441 19,439,086 Total assets 48,792,680 41,972,475 Total liabilities 26,273,239 22,533,389 Sales volume 11,967,072 11,427,383 Total income 5,209,469 4,965,293 Net income (net loss) 1,593,191 2,676,603 Book value of ordinary share, tenge 11,102.00 9,574.00 Book value of preferred share, tenge 585.00 585.00 ROA, % 3.27 6.38 ROE, % 7.07 13.77 ROS, % 13.31 23.42 ---------------------------------------------------------- The bank's financial statements for 2018 were audited by Deloitte LLP. According to the auditor's opinion, which contains a reason for expressing an opinion with a proviso, financial statements reflect reliably in all significant relations the financial position of Mangistau Regional Electricity Network Company as of December 31, 2018, as well as its financial results and cash flows for the year ended as of the specified date in accordance with the IFRS. The report is available on KASE website at – http://kase.kz/files/emitters/MREK/mrekf6_2018_rus.pdf [2019-06-14]