Main results of activity of PAVLODARENERGOSERIVE JSC (Kazakhstan) in Q1 of year 2006

07.06.06 21:00
/IRBIS, Assel Omarova, June 7, 06/ - PAVLODARENERGOSERIVE JSC (Pavlodar), within listing requirements, has presented to Kazakhstan stock exchange (KASE) its financial statements for the first quarter of year 2006. Similar indicators for year 2005 are given in parentheses. According to the presented data, in the mentioned period the company received net loss totaling KZT50.8 m., whereas in the first quarter of year 2005 the company had net income totaling KZT6.0 m. According to data of PAVLODARENERGOSERIVE JSC income from ready products sale (goods, works, services) for the first quarter of year 2006 reached KZT426.5 m. (KZT434.2 m.) while its (their) prime cost was KZT389.2 m. (KZT371.5 m.). Assets of the company as of March 31 of 2006 were KZT5,955.2 m., compared to KZT4,494.0 as of December 31 of 2005. Equity capital as of March 31 of 2006 was KZT3,541.9 m. compared to KZT3,592.7 m. by the beginning of the year. At that, authorized capital has not been changed since beginning of the year and by the end of the first quarter of 2006 is estimated by the company at KZT1,008.2 m. Unpaid authorized capital according to balance sheet was absent. Original financial statements of PAVLODARENERGOSERIVE JSC for the first quarter of year 2006 is available on KASE's web-site at http://www.kase.kz/emitters/pdes.asp Common shares and bonds of PAVLODARENERGOSERIVE JSC are traded in KASE's official "A" listing category. Primary activity of PAVLODARENERGOSERVICE JSC is transfer and distribution of electrical power in Pavlodar oblast. [2006-06-07]