Results of NOTC KazTransOil CJSC (Kazakhstan) in 9 months of 2000

/KASE, Jan.11, 01 / - NOTC KazTransOil CJSC (Astana), 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 19,406,071 19,425,209 +0.1 Shareholders' equity 21,120,396 105,076,110 +397.5 Total assets 27,161,807 128,180,623 +371.9 Net working capital 2,779,268 -3,095,054 -211.4 Accounts receivable (net) 4,188,287 10,620,781 +153.6 Accounts payable 5,131,019 19,949,884 +288.8 Sales 11,890,418 24,152,302 +103.1 Cost of goods sold 7,862,879 18,335,200 +133.2 Net income (loss) of the period 1,353,347 3,787,744 +179.9 ------------------------------- ---------- ----------- ------- Compared to similar period of 1999 growth took place in: - shareholders' equity - by KZT84.0 bln, or 5 times (authorized capital - by KZT19.1 mln, reserve capital - by KZT2.3 bln, additional unpaid capital - by KZT69.7 bln, final amount of undistributed income - by KZT11.9 bln); - assets - by KZT101.1 bln, or 4.7 times as a result of fixed assets re- evaluation conducted in January 2000; - liabilities - by KZT16.5 bln, or 3.7 times (as a result of increase in short- term deposits by KZT2.4 bln and short-term accounts payable - by KZT15.1 bln, including deferred income tax at KZT13.5 bln by the results of fixed assets re-evaluation); - services offered - by KZT12.3 bln, or 103.1%; - cost of goods sold - by KZT10.5 bln, or 133.2%; - expenses - by KZT485.8 mln, or 31.8%; - other income - by KZT527.6 mln, or 4.5 times. Net income of NOTC KazTransOil CJSC received in 9 months of the year 2000 equaled KZT3.8 bln, that is by KZT2.4 bln or 2.8 times more than for corresponding period of 1999. Following is the table that shows the dynamics of some NOTC KazTransOil CJSC indicators during the year 2000 on a quarterly and non-accruing sum basis (in mln KZT): Change, Change, Indicator I-2000 II-2000 % III-2000 % ---------- -------- ------- ------- -------- ------- Sales 5,293.4 9,220.8 +74.2 9,638.1 +4.5 Net income -1,588.2 3,145.7 +298.1 2,230.3 -29.1 ---------- -------- ------- ------- -------- ------- Coupon bonds of NOTC KazTransOil CJSC (KZ73LAONAA35, trade code - KZTOb) were admitted into official list of the KASE securities under category "A" on October 20, 2000. Primary activities of the company: oil, oil products and water transportation services through pipelines, sea and railroad transportation.