Main results of activity of Daughter organization of Bank TuranAlem JSC Accumulative pension fund BTA Kazakhstan JSC in year 2006

05.02.07 16:40
/IRBIS, Ruslan Dzyubaylo, February 5, 07/ - Daughter organization of Bank TuranAlem JSC Accumulative pension fund BTA Kazakhstan JSC (APF BTA Kazakhstan JSC, Almaty), within listing requirements, has presented Kazakhstan stock exchange (KASE) its non-audited financial statements for year 2006. Similar indicators for year 2005 are given in parentheses. According to the presented data, the company's net income for the mentioned period totaled KZT1,790.6 m., and grew compared to year 2005 by KZT1,078.7 m. (KZT711.9 m.). According to data of APF BTA Kazakhstan JSC total income of the company for the last year made KZT4,635.1 m. (KZT1,108.8 m.) with total charges KZT2,344.5 m. (KZT396.9 m.). Assets of the company as of end of year 2006 were KZT3,348.6 m., whereas at the end of 2005 this indicator did not exceed KZT1,626.3 m. Equity capital of the company as of January 1, 2007 had reached KZT3,307.3 m., having increased for a year by KZT1,789.4 m.. At that, authorized capital of year 2006 remained unchanged and is estimated by the company as of end of year at KZT1,004.0 m. Original non-audited financial statements of APF BTA Kazakhstan JSC for year 2006 is available on KASE's web-site at http://www.kase.kz/emitters/kzpf.asp Common shares of APF BTA Kazakhstan JSC are traded in KASE's official "B" listing category. Company's primary activities - collection of obligatory, voluntary and voluntary professional pension dues, other sources arriving in accordance with pension legislation of Republic of Kazakhstan, maintaining of pension payments to recipients, and also activities of forming the pension assets and their investing of them in accordance with order set by legislation of Republic of Kazakhstan. [2007-02-05]