Major performance characteristics of companies forming TNK KAZCHROME OJSC (Kazakhstan) for 1999-2000

/IRBIS, Jan 31, 01/ - In compliance with listing requirements, TNK Kazchrome OJSC presented KASE major performance characteristics of companies forming the TNK for 1999-2000: "Aksu ferroalloy plant" (branch), "Donskoi GOK" and "Ferrochrome" (joint stock companies). The table below presents characteristics of the companies. --------------------------------------------------------------------------- measurement Change Indicators unit 1999 2000 % ------------------------------------ ------------- -------- -------- ------ Aksu ferroalloy plant ------------------------------------ ------------- -------- -------- ------ Volume of commodity output tons, th. 733.9 795.4 +8.3 KZT, mln 19,853.5 31,890.9 +37.7 Cost of commodity output KZT, mln 15,962.8 27,767.9 +73.9 Profitability % 24.3 14.9 -38.8 Cost per 1 tenge of commodity output 0.01 of tenge 80.4 87.1 +8.2 Volume of sales KZT, mln 19,853.3 31,893.4 +60.6 Cost of goods sold KZT, mln 14 262.6 19,428.8 +36.2 Net income KZT, mln 11,018.0 2,818.2 -74.4 Capital investment KZT, mln 403.4 2,290.5 +467.7 Number of personnel persons 5,758.0 5,924.0 +2.8 Average wage tenge 27,928.0 33,347.0 +19.4 Labor productivity per one employee tons 110.6 118.0 +6.6 Average price of primary product tenge 32,837.0 50,404.0 +53.4 ------------------------------------ ------------- -------- -------- ------ Ferrochrome JSC ------------------------------------ ------------- -------- -------- ------ Volume of commodity output tons, th. 265.8 297.7 +12.0 KZT, mln 7,973.1 13,735.8 +72.2 Cost of commodity output KZT, mln 6,751.4 12,691.4 +87.9 Profitability % 18.3 8.2 -55.1 Cost per 1 tenge of commodity output 0.01 of tenge 84.7 92.4 +9.0 Volume of sales KZT, mln 9,191.2 13,760.0 +49.7 Cost of goods sold KZT, mln 8,049.9 12,712.5 +57.9 Net income KZT, mln 2,268.0 350.2 -84.5 Capital investment KZT, mln 228.4 4,47.1 +95.7 Number of personnel persons 2,910.0 3,154.0 +8.3 Average wage tenge 25,940.0 28,057.0 +8.1 Labor productivity per one employee tons 83.3 90.1 +8.1 Average price of primary product tenge 33,931.1 49,203.0 +45.0 ------------------------------------ ------------- -------- -------- ------ Donskoi GOK JSC ------------------------------------ ------------- -------- -------- ------ Volume of commodity output tons, th. 2,405.6 2,606.6 +8.3 KZT, mln 6,208.6 10,468.5 +68.6 Cost of commodity output KZT, mln 4,742.5 7,484.2 +57.8 Profitability % 30.9 39.9 +29.1 Cost per 1 tenge of commodity output 0.01 of tenge 74.0 71.0 -4.0 Volume of sales KZT, mln 5,908.2 10,281.0 +74.0 Cost of goods sold KZT, mln 4,880.2 7,089.0 +45.2 Net income KZT, mln 1,430.8 1,115.3 -22.0 Capital investment KZT, mln 129.8 908.4 +599.8 Number of personnel persons 5,570.0 6,049.0 +8.5 Average wage tenge 25,847.0 26,726.0 +3.4 Labor productivity per one employee tons 453.7 454.8 +0.2 Average price of primary product tenge 2,521.7 3,948.3 +56.5 --------------------------------------------------------------------------- Primary activities of the company - production of ferrous metals, extraction and concentration of ore for ferrous metallurgy. TNC Kazchrome OJSC has incorporates: the subsidiary - Aksuskii zavod ferrosplavov (Aksu plant of ferroalloys, production of ferrochromium, ferrosilicon, ferrosilicochromium, ferrosilicomanganese, ferromanganese) and affiliated joint stock companies Ferrochrome (production of ferrochromium of high, medium and low carbon content, ferrosilicochromium) and Donskoi GOK (extraction and concentration of chromium ore for Ferrochrome JSC and Aksu plant of ferroalloys). Common (KZ1C04180427, trade code - KZCR) and preferred (KZ1P04180422, trade code - KZCRp) shares of TNC Kazchrome were entered into the official list of KASE securities on October 16, 1997.