Main results of activity of Mining and smelting concern Kazakhaltyn JSC (Kazakhstan) in year 2005, by audited data

07.07.06 22:30
/IRBIS, Assel Omarova, July 7, 06/ -Mining and smelting concern Kazakhaltyn JSC (Akmola obl., Stepnogorsk city) within listing requirements, has presented to Kazakhstan stock exchange (KASE) audited financial statements for year 2005. BDO Kazakhstanaudit LLP (Almaty) accomplished the audit of the company in compliance with international standards of audit. Similar indicator for 2004 is given in parentheses. According to audited data, net income of the company for mentioned period totaled KZT140.7 m. and grew compared to year 2004 by KZT135.3 m. (KZT5.4 m.). According to audited data, ready goods sales income (goods, services, works) for the past year made KZT3,498.6 m. (KZT1,141.2 m.) while its cost price was KZT1,528.9 m. (KZT937.3 m.) Assets of the company as of December 31, 2005 made KZT14,478.6 m., whereas by the end of 2004 the given indicator equaled to KZT6,703.8 m. Shareholders' equity of the company by the end of 2005 reached KZT2,543.8 m. (KZT2,420.0 m.). According to data of auditor, authorized capital in year 2005 has not been changed and is estimated by the company by the end of the year at KZT1,538.7 m. Unpaid authorized capital at the company for specified date was absent. Original audited financial statements of Mining and smelting concern Kazakhaltyn JSC for 2005 are available on KASE's website at http://www.kase.kz/emitters/kzal.asp Bonds of Mining and smelting concern Kazakhaltyn JSC are traded in KASE's official "A" listing category. Primary activities - geological-exploring and geological-searching works conducting, mining and processing of gold ore, producing of gold products, processing, storing and sale of gold and other precious metals and stones, jewelry producing, operations with affined precious metals and precious stones in physical conditions, transportation, organizing of scientific, project-searching and experimental-constructive works. [2006-07-07]