Results of Halyk Sevings BANK of Kazakhstan for 1999

/KASE, March 17, 00, Galina Tsaluk/ - According to the KASE listing requirements JSC HALYK SEVINGS BANK OF KAZAKHSTAN (Almaty, official list of securities, category "A") provided the Kazakhstan Stock Exchange (KASE) with financial reports for October 01, 99: balance sheet, income statement and cash flow. Following are the emitter's results for 1999. All figures are given in tenge and as against of 1998. On Jan.01, On Jan.01, Increase / Indicator 1999, '000 2000, '000 decrease, % ------------------------------------- ---------- ---------- ----------- Authorized capital 3 011 900 3 615 067 +20.0 Shareholders equity 4 805 297 5 755 792 +19.8 Total assets 39 734 234 57 160 094 +43.9 Quick assets 14 292 823 24 072 156 +68.4 Loans and deposits 32 794 819 47 993 148 +46.3 Credits granted 17 873 578 20 577 670 +15.1 Income from operating activities 9 436 654 13 770 106 +45.9 Total expenses 8 884 130 13 139 724 +47.9 Net income (loss) 552 524 630 382 +14.1 Calculated using the emitter's data: Return on capital (ROE), % 11.50 10.95 -4.7 Return on assets (ROA), % 1.39 1.10 -20.7 Net income per share (EPS), tenges 18.34 17.44 -4.9 Book value of share, tenges 159.54 159.22 +0.2 ------------------------------------- ---------- ---------- ----------- - Shareholder's equity has increased by 950.50 million or by 19.8% due to placement of shares of 4th issue to the sum of 603.17 million, increase in additional paid-up capital by 247.30 million, increase in the savings in bank's founds - by 99.77 million and increase in non distributed income - by 0.26 million. - Bank's assets has increased by 17.43 million or by 43.9%. - Total liabilities has increased by 16.48 million or by 47.2%. - Income from operating activity has increased by 4.33 or by 45.9%. - Total expenses have increased by 4.26 million or by 47.9%. Net income has made 630.38 million, which is by 77.86 million or 14.4% more than in 1998. Dynamics of some parameters are shown in the table below. Index I-99 II-99 Change, % III-99 Change, % IV-99 Change, % ---------- -------- ------- --------- ------- --------- ------- --------- Clients' deposits -2,905.9 6,452.1 +322.0 1,101.8 -82.9 9,228.6 +737.6 Operating income 2,750.8 5,675.4 +106.3 2,442.6 -57.0 2,901.3 +18.8 Net income 52.6 382.0 +626.2 145.6 -61.9 50.2 -65.5 ---------- -------- ------- --------- ------- --------- ------- ---------