Main results of activity of Karazhanbasmunay JSC (Kazakhstan) for 2005 according to data of audit

23.06.06 21:49
/IRBIS, Assel Omarova, June 23, 06/ - Karazhanbasmunay JSC (Almaty) has furnished Kazakhstan stock exchange (KASE) within listing requirements with audited consolidated financial statements for 2005. Similar indicator for 2004 is given in parenthesis. According to presented data net income of the company for the specified period totaled $22,594.4 th. ($30,643 th.) and increased compared to 2004 by KZT18,424.9 m. (KZT4,169.5 m.). According to audited data income from sale of ready products (goods, works, services) for last year totaled KZT87,262.5 m. (KZT57,511.5 m.) while its prime costs are KZT20,963.4 m. (KZT16,621.3 m.). Assets of the company as of December 31, 2005 totaled KZT114,465.6 m., whereas at the end of 2004 this indicator equaled to KZT93,750.1 m. Equity capital of the company at the end of 2005 reached KZT35,530.4 m. (KZT32,169.9 m.). According to audit data the authorized capital of the company has not changed during the year and is estimated by the company at the end of 2005 at KZT2,161.01 m. According to the balance sheet, the company did not have unpaid authorized capital. Original audited financial statements of Karazhanbasmunay JSC for 2005 is available on KASE's web site at http://www.kase.kz/emitters/karm.asp Bonds of Karazhanbasmunay JSC are traded in KASE's official "A" listing category. Main kinds of company's activity are development of Karazhanbas field; output, preparation, treatment and processing of oil, introduction of thermal methods of enhancing of oil recovery, construction of oil-fields and wells, purification and treatment of crude oil, construction of oil treating objects, export, marketing and realization of hydrocarbons and hydrocarbon products in the Republic of Kazakhstan and abroad and others. [2006-06-23]