Main results of activity of Zangar Invest Group JSC (Kazakhstan) in year 2005 according to audit

24.05.06 23:17
/IRBIS, Natalya Kuznetsova, May 24, 06/ - Zangar Invest Group JSC (Almaty), within listing requirements, has presented to Kazakhstan stock exchange (KASE) its audited consolidated financial statements of for year 2005. Ernst & Young (Almaty) made the audit of company's financial statements in accordance with international standards of audit. Similar indicators for year 2004 are given in parentheses. According to the audited data, the company's net income for 2005 decreased in comparison with 2004 by KZT17,582.3 m. and totaled KZT2,613.2 m. (KZT20,195.5 m.). At that net interest income for 2005 was estimated at KZT232.0 m. (minus KZT55.5 m.). Assets of the company as of December 31 of 2005 were KZT36,250.7 m. compared to KZT22,293.0 m. as of December 31, 2004. At that company's liabilities at the end of the year grew to KZT11,777.2 m. (KZT432.2 m.). Equity capital of the company reached KZT24,473.5 m. (KZT21,860.9 m.).According to audit data, company's authorized capital as of December 31, 2005 was equal to KZT170.0 m. and has not changed since the beginning of the year. Unpaid authorized capital according to balance sheet was absent. Original audited financial statements of Zangar Invest Group JSC for year 2005 is available on KASE's web-site at http://www.kase.kz/emitters/zig_.asp Bonds of Zangar Invest Group JSC are traded in KASE's official "A" listing category. Company's primary activities - investing, securities transactions. [2006-05-24]