Auditor's report on financial statements of Insurance company London-Almaty for 2020 released

07.06.21 11:15
/KASE, June 7, 2021/ – Insurance company London-Almaty (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the company's financial statements for 2020. According to the audited data as of December 31, 2020 (in thous. KZT, unless otherwise specified): ---------------------------------------------------------------- as at as at Indicator Dec. 31, 2020 Dec. 31, 2019 ------------------------------------ ------------- ------------- Equity 6,801,632 7,742,480 Total assets 13,744,083 12,635,229 Total liabilities 6,942,451 4,892,749 Net income (net loss) 333,894 939,391 Book value of an ordinary share, KZT 4,477 5,094 ROA, % 2.43 7.43 ROE, % 4.91 12.13 ---------------------------------------------------------------- The company's financial statements for 2020 were audited by Grant Thornton LLP. According to the auditor's report, the financial statements present fairly, in all material respects, the financial position of Insurance company London-Almaty as of December 31, 2020, and its financial results and cash flows for the year then ended as of the specified date in accordance with IFRS. The report is available on KASE website (in Russian) at – https://kase.kz/files/emitters/LNAT/lnatf6_2020_rus.pdf [2021-06-07]