Auditor's report on 2018 consolidated financial statements of Zhairem Mining and Concentrating Complex released

28.08.19 14:21
/KASE, August 28, 2019/ – Zhairem Mining and Concentrating Complex (Karagandy region), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the company's consolidated financial statements for 2018. According to audited data as of December 31, 2018 (in th. US dollars, if not otherwise specified): ------------------------------------------------------ as of as of Indicator 31.12.18 31.12.17 ------------------------------------ -------- -------- Equity 144,817 114,880 Total assets 302,651 238,474 Total liabilities 157,834 123,594 Revenues 106,881 122,223 Gross income 61,314 70,226 Net income (net loss) 29,939 39,859 Book value of ordinary share, tenge 21.98 17.44 Book value of preferred share, tenge 5.37 5.37 ROA, % 9.89 16.71 ROE, % 20.67 34.70 ROS, % 28.01 32.61 ------------------------------------------------------ The company's financial statements for 2018 were audited by Deloitte LLP. According to the auditor's opinion, consolidated financial statements reflect reliably in all significant relations the consolidated financial position of Zhairem Mining and Concentrating Complex and its subsidiary as of December 31, 2018, as well as their consolidated financial results and consolidated 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/JGOK/jgokf6_2018_cons_rus.pdf [2019-08-28]