TEMIRBANK OJSC (Kazakhstan): financial indices

/IRBIS, Aug. 7, 00/ - Following are financial and economic ratios of TEMIRBANK OJSC. It is made by the data of the Listing commission of Kazakhstan stock exchange (KASE). Description is published in connection with admission of TEMIRBANK bonds into official list of securities, category "A". These financial statements were made in accordance with the Kazakhstan accounting standards (KAS) as well as banking regulation and normative documents of NBK. International auditing of the bank started in 1997. For year 1997, auditing was made by Price Waterhouse (Almaty, Kazakhstan), for 1998-99 by Arthur Andersen (Almaty, Kazakhstan). FINANCIAL STATEMENT DATA PRESENTED BY THE ISSUER Following is the table created by the KASE specialists based on financial statements of TEMIRBANK OJSC (in th. KZT, unless otherwise specified). Statements were compiled according to the NBK requirements. ----------------------------------------------------------------------------- As of As of As of As of Index Jan.1 Т98 Jan.1 Т99 Jan.1 Т00 July.1 Т00 ----------------------------------------------------------------------------- Authorised capital 500,000 991,047 991,047 1,391,250 (minus bought out shares) ShareholdersТ equity 1,057,956 1,406,048 1,489,633 1,969,543 Total assets 3,245,904 5,467,137 9,346,572 10,866,876 Amount of liquid assets 1,264,414 2,582,514 3,097,788 2,459,320 Credits granted 1,602,916 2,300,398 5,472,301 7,454,450 Loans and deposits 2,152,067 3,999,803 7,031,915 8,747,536 Income from operating activities 1,042,090 1,323,562 1,753,394 1,348,625 Net profit 104,824 208,694 98,687 110,316 Earnings per share (EPS), tenge 211.38 210.40 98.05 - Book value of one share, tenge 2,115.91 1,418.75 1,503.09 1,415.45 Return on assets (ROA), % 3.23 3.82 1.06 1.02 Return on equity (ROE), % 9.91 14.84 6.62 5.60 ----------------------------------------------------------------------------- AUDITING REPORT DATA Following is the table created by the KASE specialists based on auditing report of "Price Waterhouse" and "Arthur Andersen" (in th. KZT, unless otherwise specified). -------------------------------------------------------------------- As of As of As of Index Jan.1 Т98 Jan.1 Т99 Jan.1 Т00 -------------------------------------------------------------------- Authorised capital (paid) 500,000 1,000,000 1,000,000 Shares bought out - 4,474 4,474 from shareholders ShareholdersТ equity 980,629 1,317,820 1,292,359 Total assets 3,155,970 5,403,488 9,176,708 Loans and other floatation to banks 432,553 2,217,484 2,126,095 Debt to credit institutions 193,480 1,389,843 2,344,158 Loans and advances to clients 1,515,311 2,020,813 5,198,564 Deposits 1,952,650 2,635,146 5,443,591 Net profit (44,770) 188,950 73,957 Book value of one share, tenge 1,961.26 1,323.74 1,298.17 Earnings per share (EPS), tenge - 189.41 72.51 Return on assets (ROA), % - 3.50 0.81 Return on equity (ROE), % - 14.34 5.72 -------------------------------------------------------------------- In opinion of auditing reports, financial statements of TEMIRBANK OJSC give reliable representation of the companyТs financial situation in all aspects as of December 31, 1997-1999, of its income statements and cash flow statements in accordance with International Accounting Standards. COMPARATIVE FEATURES Below is comparative characteristic of TEMIRBANK OJSC with other banks in thousand tenge as of July 01, 2000. Comparison was made by IRBIS specialists on the base of 4 comparable banks (in terms of shareholders equity). Average indicators were estimated according to the financial statements submitted to KASE by banks of category "B" (forex trades). ------------------------------------------------------------------- Average ration Index TEMIRBANK OJSC in other banks ------------------------------------------------------------------- ShareholdersТ equity 2,097,768 2,114,333 ASSETS 10,868,876 14,652,250 Net profit 110,316 119,500 k1 (min 0,04) 0.16 0.11 k2 (min 0,08) 0.16 0.27 k4 (min 0,20) 0.37 2.23 ROА, % 1.01 0.98 ROE, % 5.26 5.80 -------------------------------------------------------------------