Auditor's report on financial statement of KazTransCom JSC (Kazakhstan) for year 2004
28.06.05 11:08
/IRBIS, Galina Tsalyuk, June 28, 05/ - KazTransCom JSC (Almaty), whose
securities are circulating in Kazakhstan stock exchange's (KASE) "А" listing
category, has presented KASE auditor's report made by KPMG Janat
(Almaty) on the company's financial statement for year 2004 prepared in
compliance with Kazakhstan accounting standards (KAS).
Result of the company's financial and economic activity as of December 31
of 2004 is as follows, based on the auditor's data (th. KZT, unless otherwise
specified):
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as of as of
Indicator Dec 31, 03 Dec 31, 04
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Authorized capital (paid excluding withdrawn) 42,100 42,058
Shareholders' equity 1,648,658 1,796,575
Book value of assets 3,531,101 5,519,608
Net working capital 619,340 1,710,420
Accounts receivable 1,077,833 1,718,350
Liabilities, total 1,882,443 3,723,033
Borrowed loans (excluding bonds) 51,882 103,333
Issued bonds 1,399,184 2,823,874
Accounts payable 351,838 604,025
Volume of rendered services 2,418,757 2,824,380
Cost of rendered services 1,692,147 1,885,589
Net income for the year 32,403 151,602
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Calculated by audited data:
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Return on sales (ROS), % 30.04 33.24
Return on equity (ROE), % 1.97 8.44
Return on assets (ROA), % 0.92 2.75
earning per 1 common share (EPS), KZT 15.13 76.21*
Book value of 1 share, KZT 783.21 854.34
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* - excluding dividends on privileged shares.
Audit of the company's financial statement for year 2004 was made by
KPMG Janat in compliance with international auditing standards.
In the auditor's opinion the financial statement exactly in all essential
aspects reflects the company's financial condition as of December 31 of 2004,
results of activity, changes in equity capital and cash flow for the year,
which ended by the mentioned date, in compliance with KAS.
Company's primary activities - providing companies and organizations of oil
and gas and other branches of economy and population with all types of
communication.
[2005-06-28]