Results of Bank TuranAlem OJSC (Kazakhstan) in 2000

/KASE, Apr 04, 01/ - According to the listing requirements, Bank TuranAlem OJSC (Almaty, official list of securities, category "A) provided Kazakhstan Stock Exchange (KASE) with its consolidated financial statements for 2000: balance sheet, income and cash flows statements. Following are the results of the company in 2000 by the data of the issuer (in th. KZT): As of As of Change, Ratio Jan.1 '00 Jan.1 '01 % ------------------------------------------- ---------- ---------- ------- Authorized paid-up capital 9,696,690 12,870,230 +32.7 Shareholders' equity 5,549,633 10,892,217 +96.3 Total assets 46,744,000 79,585,516 +70.3 Liquid assets 11,444,152 16,562,434 +44.7 Loans and deposits (including issued bonds) 35,250,467 62,121,117 +76.2 Loans granted 27,921,684 55,149,343 +97.5 Income from operating activity 8,037,788 14,798,626 +84.1 General expenses 7,279,647 12,649,030 +73.8 Net income (loss) 758,141 2,149,596 +183.5 ------------------------------------------- ---------- ---------- ------- Calculated ratios: ------------------------------------------- ---------- ---------- ------- Return on equity (ROE), % 13.66 19.74 +44.5 Return on assets (ROA), % 1.62 2.70 +66.5 Earning per share (EPS), KZT 781.86 1,670.21 +113.6 Price earning ratio (P/E) 15.99 6.18 -61.3 Book value of share, KZT 5,723.22 8,463.11 +47.9 ---------------------------------------------------------------------------- Compared to 1999, the company registered growth of (all figures are givern in tenge): - shareholders' equity by 5.3 bln, or 96.3% (as a result of floatation of fifth emission shares - 3.2 bln; increase in additional capital - 27.3 mln, increase in final amount of undistributed profit - 2.2 bln and decrease of reserves on revaluation of fixed assets - 64.1mln); - assets by 32.8 bln or 70.3% (including: loan portfolio - 27.2 bln, securities portfolio - 6.3 bln); - liabilities by 27.5 bln, or 66.8% (including deposits - 20.0 bln; liabilities to other banks and organizations - 6.9 bln); - operational income - 6.8 bln or 84.1% as a result of growth of clients base (increase of income from loan and other financial operations, commission fees; - expenses - 5.4 bln or 73.8% as a result of allocation to reserves (provisions), deposit payments and other expenses. As a result, net income of Bank TuranAlem OJSC for the reported period totaled 2.1 bln that is 1.4 bln or 2.8 times higher than in 1999. Following is the table that shows the dynamics of some bank's indicators during the year 2000 on a quarterly and non-accruing sum basis (in thousand KZT): Ch. Ch. Ch. Indicator I-2000 II-2000 % III-2000 % IV-2000 % ------------------ ------- ------- ------ -------- ----- ------- ----- Change in deposits 2 889.9 5,986.0 +107.1 9,862.4 +64.8 1,215.3 -87.7 Operational income 3,527.3 3,119.2 -11.6 3,667.6 +4.1 4,484.6 +22.3 Net income 405.5 449.0 +10.7 482.6 +7.5 812.5 +68.3 ----------------------------------------------------------------------------- The official list of KASE, category "A" includes following securities of the company: - Sep.09, 1999 - common registered shares (KZ1C34920412, trade code BTAS). - Feb.19, 2001 - coupon bonds (KZ2CUY08A320, trade code BTASb).