Results of activity of Kazneftehim LLP (Kazakhstan) for the first sixth month of 2003

/KASE, September 9, 03/ - Kazneftehim LLP (Almaty), whose bonds are circulating in Kazakhstan stock exchange's (KASE) official "В" listing category, provided KASE with consolidated financial statement for the first sixth month of 2003. According of the issuer's data the consolidated result of its financial and economic activity for the first sixth month of 2003 is presented by the following indicators (in th. KZT): -------------------------------------------------------- As of As of Indicator Jan 01, 03 Apr 01, 03 -------------------------------- ---------- ---------- Issued (paid) authorized capital 150,039 150,039 Shareholders' equity 347,323 359,336 Total assets 739,690 1,309,302 Net working capital -208,228 -182,564 Accounts receivable 135,433 311,317 Total liabilities 368,323 933,157 Attracted credits 232,688 766,764 Accounts payable 135,636 166,393 Sales volume 610,778 401,063 Cost of goods sold 463,553 322,04 Net income for the period 201,569 9,670 -------------------------------------------------------- Comparative analysis of results of activity of Kazneftehim LLP with similar period of 2002 is not given because the stock exchange has not the company's consolidated financial statement for the first sixth month of 2002. The company's primary activities - trade with mineral oils at domestic and foreign markets, reloading, transportation of oil, production and refining of oil products and other. [2003-09-09]