Results of activity of RG Brands OJSC (Kazakhstan) for 2002

/KASE, May 14, 03/ - RG Brands OJSC (Almaty), whose bonds are circulating in Kazakhstan stock exchange's (KASE) official "A" listing category, provided KASE with consolidated financial statement for 2002: the balance sheet, income statement and cash flow statement. The following indicators are consolidated result of the issuer's financial and economic activity in 2002, based upon the issuer's information (in th. KZT, unless otherwise specified): ---------------------------------------------------------------- As of As of Indicator Jan 1, 02 Jan 1, 03 Change,% -------------------------------- --------- --------- -------- Issued (paid) authorized capital 705,000 1,478,023 +109.6 Shareholders' equity 804,773 1,507,182 +87.3 Total assets 1,803,581 4,375,866 +142.6 Net working capital 811,169 1,353,954 +66.9 Accounts receivable 539,892 2,071,609 +283.7 Liabilities, total 998,809 2,868,684 +187.2 Accounts payable 82,541 667,330 +708.5 Issued bonds 600,800 622,400 +3.6 Attracted credits 315,468 1,578,715 +400.4 Sales volume 843,443 2,878,914 +241.3 Cost of goods sold 621,164 2,206,732 +255.3 Net income for the period 26 987 27,991 +3.7 -------------------------------- --------- --------- -------- It's been calculated on the issuer's data: ---------------------------------------------------------------- Return on sales (ROS), % 26.35 23.35 -11.4 Return on equity (ROE), % 3.35 1.86 -44.6 Return on assets (ROA), % 1.50 0.64 -57.3 ---------------------------------------------------------------- Such the significant growth in 2002 in comparison with 2001 almost on all articles of the financial statement was caused by the fact that financial statement of daughter companies PRG Bottlers OJSC (Almaty) and Tealand LLP (Almaty) were consolidated to the financial statement of RG Brands OJSC for 2002. In 2002 Resmi Group Ltd LLP (Almaty, the only shareholder of RG Brands OJSC) instead of payment for shares of the second issue gave RG Brands OJSC 100% of issued (paid) shares of PRG Bottlers OJSC to the amount of KZT750.0 m. and 100% market share in authorized capital of Tealand LLP to the amount of KZT23.0 m. As the result of conducted deals paid part of authorized capital of RG Brands OJSC increased by KZT773.0 m. Company's primary activities are production and sale of natural juices and drinks, rendering of marketing services. [2003-05-14]