Main results of activity of Daughter organization of BankTuranAlem JSC Accumulative pension fund BTA Kazakhstan JSC for year 2006 by audited data

29.05.07 20:31
/IRBIS, Ruslan Dzyubaylo, May 29, 07/ - Daughter orgnization of BankTuranAlem JSC Accumulative pension fund BTA Kazakhstan JSC (Almaty), within listing requirements, has presented Kazakhstan stock exchange (KASE) its audited financial statements for year 2006. Audit of the financial statements was conducted by Ernst & Young (Almaty) in accordance with international standards of audit. Similar indicators for year 2005 are given in parentheses. According to the audited data, the company's net income for year 2006 made KZT1,520.4 m. and increased compared to year 2005 by KZT1,016.4 m. (KZT504.0 m.). According to audited data the total operative income of the company for the past year made KZT4,343.6 m. (KZT1,067.7 m.) with general operative costs KZT2,136.4 m. (KZT404.0 m.). Assets of the company as of December 31, 2006 made KZT3,298.9 m. while as of end of year 2005 this indicator was equal to KZT1,626.3 m. Equity capital of the company as of end of year 2006 had reached KZT3,245.8 m. (KZT1,517.9 m.). By audited data the authorized capital of the company for year 2006 did not change and is estimated at KZT1,004.0 m. Original financial statements of Daughter organization of Bank TuranAlem JSC Accumulative pension fund BTA Kazakhstan JSC is available on KASE's web-site at http://www.kase.kz/emitters/kzpf.asp Common shares of APF BTA Kazakhstan are included in KASE's official "B" listing category. Company's primary activities - gathering of compulsory, good-will and good- will professional pension deposits, other funds, inflowing in accordance with pension legislation of Republic of Kazakhstan, conduction of pension payments to their recipients, and also activities for forming of pension assets and their investing in order set by legislation of Republic of Kazakhstan. [2007-05-29]