Results of OJSC "Bank CentreCredit" (Kazakhstan) in I quarter of 2000

/KASE, June 28, 00, Galina Chudinova, Galina Tsalyuk/ - According to listing requirements, OJSC "Bank CentreCredit" (Almaty, official list of securities, category "A") provided Kazakhstan Stock Exchange (KASE) with its financial statements for the I quarter of 2000: balance sheet and income statement. Following are the results of the issuer in the I quarter of 2000 (in th. KZT): As of As of Change, Ratio Apr.1'99 Apr.1'00 % ---------------------------------- ----------- ----------- ---------- Authorized capital (declared) 1,063,339 2,063,339 +94.0 Authorized capital (paid) 1,029,352 1,080,674 +5.0 Shareholders' equity 1,247,408 1,555,986 +24.7 Total assets 10,111,125 15,310,830 +51.4 Liquid assets 1,912,882 4,786,132 +150.2 Loans and deposits 8,353,592 13,099,461 +56.8 Loans granted 6,534,942 8,869,019 +35.7 Income from operating activities 607,999 1,170,022 +92.4 General expenses 591,849 1,078,457 +82.2 Net profit 16,150 91,565 +467.0 Book value of a share, KZT 248.66 287.97 +15.8 ---------------------------------- ----------- ----------- ---------- Compared to similar period of 1999 growth took place in: - shareholders' equity - by KZT308.58 mln, or 24.7% (composition: increase in authorized paid capital due to the sale of previously redeemed shares on the sum of KZT77.36 mln, accumulations in funds and reseres - KZT16.65 mln, total result of undistributed profit - KZT214.57 mln.) - assets - by KZT5.20 bln, or 51.4%; - liabilities - by KZT4.89 bln, or 55.2%; - operating profit - by KZT562.02 mln, or 92.4%; - expenses - by KZT486.61 mln, or 82.2%. As a result, net profit received by OJSC "Bank CentreCredit" in the I quarter of 2000 equaled to KZT91.56 mln, that is 2.4 times more than figure for the same period of last year.