Results of JSC Temirbank in 1999

/KASE, April 12, 00, Galina Chudinova, Galina Tsalyk/ - According to the KASE listing requirements JSC Temirbank (Almaty, official list of securities, category "A") provided the Kazakhstan Stock Exchange (KASE) with financial reports for 1999: balance sheet and income statement. Following are the results of the emitter for the first half of 1999. All figures are given in tenge and as against the corresponding period of 1998. On Jan.01, On Jan.01, Increase / Indicator 1999 2000 decrease, % ------------------------------------- ---------- ---------- ----------- Authorized announced capital 1 000 000 1 400 000 +40.0 Authorized paid-up capital 991 047 991 047 0 Shareholders equity 1 406 048 1 489 633 +5.9 Total assets 5 467 137 9 346 572 +71.0 Quick assets 2 582 514 3 097 788 +20.0 Loans and deposits 3 999 803 7 031 915 +75.8 Credits granted 2 300 398 5 472 301 +137.9 Income from operating activities 1 323 562 1 753 394 +32.5 Total expenses 1 114 868 1 654 707 +48.4 Net income (loss) 208 694 98 687 -52.7 ------------------------------------- ---------- ---------- ----------- Calculated based on the emitter's data: ------------------------------------- ---------- ---------- ----------- Return on capital (ROE), % 14.84 6.62 -55.4 Return on assets (ROA), % 3.82 1.06 -72.3 Net income per share (EPS), tenges 210.40 100.59 -52.2 Book value per share, tenges 1 418.75 1 503.09 +5.9 ------------------------------------- ---------- ---------- ----------- Increase in the shareholders equity for 1999 is calculated without taking the preferred shares dividends into consideration. - The bank's authorized capital has increased by 83.59 mln or by 5.9%, due to increse in fons and reserves - by 196.62 mln at the decreasing in the retained income by 113.03 mln. - The bank's assets has increased by 3.88 bln or by 71.0%; - Total liabilities has increased by 3.80 bln or by 93.5%; - Income from operating activity has increased by 429.83 mln or by 32.5%; - Total expenses have increased by 539.84 mln or by 48.4%. In result net income of the Bank in 1999 has reduced as against 1998 by 110.0 mln or by 52.7% to 98.69 mln. In the table below dynamics of some parameters is shown (mln tenges). Index I-99 II-99 Change, % III-99 Change, % IV-99 Change, % ---------- ------- ------- --------- ------- --------- ------- --------- Clients' deposits -587.3 2 300.3 +491.7 988.5 -57.0 -32.5 -103.3 Operating Income 354.0 638.7 +80.4 478.7 -25.1 282.0 -41.1 Net income -49.0 57.1 +216.5 91.9 +61.1 -1.3 -104.4 ---------- ------- ------- --------- ------- --------- ------- ---------