/IRBIS, Ruslan Dzyubaylo, August 17, 06/ - Kazakhstan Mortgage Company JSC
(Almaty), within listing requirements, has presented to Kazakhstan stock
exchange (KASE) its financial statements for the second quarter of 2006.
Similar indicators for the first quarter of 2005 are given in parentheses.
According to the presented data, the company's net income earned in the
mentioned period totaled KZT355.8 m. and fell compared to the similar
period of 2005 by KZT25.6 m. (KZT381.4 m.).
According to Kazakhstan Mortgage Company JSC incomes, connected
with receiving of remuneration, in the second quarter of 2006 totaled
KZT2,403.3 m. (KZT1,742.5 m.), whereas expenditures for interest payment
were KZT1,443.8 m. (KZT1,152.5 m).
Assets of the company as of July 1 of 2006 reached KZT54,630.8 m.,
whereas as of January 1 of 2006 they were KZT40,819.9 m.
Equity capital by the end of the second quarter of 2006 was KZT19,347.3 m.,
in comparison with KZT10,184.5 m. by the year-beginning. At that, its
authorized capital as of July 1 of 2006 was estimated by the company at
KZT17,920.0 m., and has gown since January 1, 2006 by KZT9,020.0 m.
(KZT8,900.0 m.). The company had no unpaid and withdrawn authorized
capital according to the balance sheet.
Original financial statements of Kazakhstan Mortgage Company JSC for the
second quarter of 2006 are available on KASE's web-site at
http://www.kase.kz/emitters/kzik.asp
Bonds of Kazakhstan Mortgage Company JSC are traded in KASE's official
"A" listing category.
Company's primary activities - loan operations (giving of money credits on
the terms of payment, urgency and giving back), factoring operations
(acquiring of rights to demand payment from purchaser of goods (works,
services) with assumption of the risk of non-payment) on the basis of license
of the National Bank of Kazakhstan dated April 27 of 2004 ¦ 28 and other
operations in accordance with the Company's charter.
[2006-08-17]