Main results of activity of Kazakhstan Mortgage Company JSC in 2006 according to the audited data

21.03.07 17:55
/IRBIS, Ruslan Dzyubaylo, March 21, 07/ - Kazakhstan mortgage company JSC (Almaty), within listing requirements, has presented Kazakhstan stock exchange (KASE) its audited financial statements for year 2006. Audit of the company';s financial report was conducted by KPMG Audit LP (Almaty) in accordance with international standards of audit. Similar indicators for 2005 are given in parentheses. According to the presented data, the company's net income for the mentioned period totaled KZT981.6 m. and increased compared to year 2005 by KZT133.5 m. (KZT848.1 m.). According to the data of audit, income connected with receiving of interest for the last year made KZT4,893.3 m. (KZT3,404.1 m.) with charges on payment f interest KZT2,915.9 m. (KZT2,141.4 m.). Assets of the company as of December 31, 2006 totaled KZT63,907.0 m., while as of end of year 2005 the given indicator was equal to KZT40,819.9 m. Equity capital of the company as of end of year 2006 had reached KZT20,003.1 m. increasing for the year by KZT9,818.6 m. (KZT10,184.5 m.).At that authorized capital as of December 31 of year 2006 is estimating by the company at KZT17,920.0 m., which is higher than corresponding indicator as of end of year 2005 by KZT9,020.0 m. (KZT8,900.0 m.). Original audited financial statements of Kazakhstan Mortgage company JSC for year 2006 is available on KASE's web-site at http://www.kase.kz/emitters/kzik.asp Common shares of Kazakhstan Mortgage Company JSC are included in KASE's official "A" listing category. Company's primary activities - loan operations, factoring operations [2007-03-21]