Results of Temirbank OJSC (Kazakhstan) for 9 months of 2000

/KASE, Nov 13, 00 / - Temirbank OJSC (Almaty) in accordance with the listing requirements, provided the Kazakhstan Stock Exchange (KASE) with its financial statements for 9 months of 2000: balance sheet, and income statement. Following are the results of the issuer in 9 months of 2000 (in th. KZT): ---------------------------------------------------------------------------- As of As of Change, Indicator Oct.1,99 Oct.1,00 % ---------------------------------------------------------------------------- Authorized capital (announced) 1,000,000 1,400,000 +40.0 Authorized capital (minus bought out shares) 991,047 1,370,547 +38.3 Shareholders' equity 1,411,256 1,995,545 +41.4 Total assets 8,374,492 12,897,246 +54.0 Liquid assets 4,154,897 2,717,577 -34.6 Credits granted 3,705,211 8,966,691 +142.0 Loans and deposits 6,847,347 10,298,141 +50.4 Income from operating activities 1,471,368 2,078,894 +41.3 General expenses 1,371,376 1,913,710 +39.5 Net income of the period 99,992 165,184 +65.2 Book value of one share, KZT 1,424.01 1,456.02 +2.2 ---------------------------------------------------------------------------- Compared to similar period of 1999 growth took place in: - shareholders' equity of the bank - by KZT584.3 mln, or 41.4% (including authorized paid-up capital - by KZT379.5 mln as a result of 10th emission of shares, accumulations in the funds and reserves - by KZT119.6 mln, net income - by KZT65.2 mln, additional capital - KZT20.0 mln); - assets - by KZT4.5 bln, or 54.0% (as a result of loan portfolio growth); - liabilities - by KZT3.9 bln, or 56.6% (including, increase in the deposits - KZT1.8 bln, and issued bonds of the bank - KZT712.3 mln); - income from operating activities - by KZT607.5 mln or 41.3%; - expenses - by KZT542.3 mln, or 39.5%. Net income of Temirbank OJSC received during 9 months of the year 2000 equaled KZT165.2 mln and grew up by KZT65.2 mln, or 65.2% comparing to the similar period of 1999. Following is the dynamics of selected indicators of the Temirbank for year 2000 calculated on a quarterly basis and non-accruing total (in mln KZT): Change, % Change, % Indicator I-00 II-00 III-00 ------------------------------------------------------------------------------ Clients' deposits 588.9 1 002.0 +70.1 199.5 -80.1 Income from operating activities 697.2 651.4 -6.6 730.3 +12.1 Net income 75.8 34.5 -54.6 54.9 +59.2 ------------------------------------------------------------------------------ Following securities of the bank are included into category "A" of the KASE official list of securities: - ordinary registered (KZ1C00260413, trade code - TEBN) and preferred registered shares (KZ1P00260418, trade code - TEBNp) - since Oct 08, 1998; - registered coupon bonds (KZ75KAMJ8A57, trade code - TEBNb) - since Aug 07, 2000.