Results of activity of KazTransCom OJSC (Kazakhstan) for 2004

/IRBIS, GalinaTsalyuk, March 3, 05/ - KazTransCom OJSC (Almaty), whose bonds are circulating in the stock exchange's official "А" listing category, provided KASE with financial statements for 2004. Following indexes are result of the Company's financial and economic activity for 2004, based on the bank's data (in th. KZT): -------------------------------------------------------------------- as of as of Increase / Index Jan 1, 04 Jan 1, 05 decrease, % --------------------------------- --------- --------- ----------- Authorized capital (paid-up) 42,100 42,058 -0.1 Shareholders' equity 1,648,658 1,770,368 +7.4 Book value of assets 3,531,101 5,454,613 +54.5 Net working capital 619,340 1,687,314 +172.4 Accounts receivable 1,077,833 1,353,542 +25.6 Liabilities, total 1,882,443 3,684,245 +95.7 Attracted loans (excluding bonds) 0 0 - Issued bonds 1,399,184 2,829,924 +102.3 Accounts payable 403,670 774,782 +91.9 Goods and services sold 2,418,757 2,790,739 +15.4 Cost of goods and services 1,692,147 1,833,913 +8.4 Net income 32,403 133,394 +311.7 --------------------------------- --------- --------- ----------- On the basis of issuer's data: --------------------------------- --------- --------- ----------- Return on sales (ROS), % 30.04 34.29 +14.1 Return on equity (ROE), % 1.97 7.53 +283.4 Return on assets (ROA), % 0.92 2.45 +166.5 Earnings per share, KZT 15.13 65.92 +335.8 Book value per share, KZT 783.21 841.88 +7.5 -------------------------------------------------------------------- Earnings per share (EPS) for 2004 was calculated taking into account dividends on preferred shares in size which is paid within last 3 years (KZT20.0 per share). Price -earnings ration (P/E) for 2003 -2004 were not calculated because shares in these companies were traded in these periods. Relative to 2003 following balance sheet items recorded growth (all figures in tenge): - the bank's shareholders' equity - 121.7 m as the result of increase of total sum of undistributed income by 166.2 m., while additional un-paid cpiatal fell by 44.5 th. and capital withdrawal (preferred shares buyback) by KZT42.0 th.; - assets - KZT1.9 b, including: cash and equivalents (short-term financial investments) - by 979.3 m, depreciable assets - by 487.9 m, accounts receivable - 275.7 m; depreciated capital - 137.8 m and construction in progress - 174.3 m; while other assets fell by - 180.6 m; - liabilities - KZT1.8 b, including: bonds placed - 1.4 bn; and accounts payable by 371.1 m. - sales volume - by KZT372 m. - cost of goods and services - 372.0 m. Net income, which KazTransCom OJSC earned by the results of 2004, decreased in comparison with 200 by 101.0 m. Primary activities of the company - communication services for oil and gas and other sector companies. [2005-02-03]