Results of Temirbank OJSC (Kazakhstan) in 2000

/KASE, Apr 10, 01/ - Temirbank OJSC (Almaty) provided the Kazakhstan Stock Exchange (KASE) with its 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 registered capital 1,000,000 1,400,000 +40.0 Authorized paid-up capital 991,047 1,374,835 +38.7 Shareholders' equity 1,489,633 2,132,317 +43.1 Total assets 9,346,572 14,045,393 +50.3 Liquid assets 3,097,788 4,866,584 +57.1 Loans and deposits (including issued bonds) 7,031,915 11,430,767 +62.6 Loans granted (net) 5,472,301 8,409,594 +53.7 Income from operating activity 1,753,394 3,074,011 +75.3 General expenses 1,654,707 2,768,149 +67.3 Net income (loss) 98,687 305,862 +209.9 ------------------------------------------- --------- ---------- ------- Calculated based on issuer's data: ------------------------------------------- --------- ---------- ------- Return on equity (ROE), % 6.62 14.34 +116.5 Return on assets (ROA), % 1.06 2.18 +106.2 Earnings per share (EPS), KZT 98.05 224.10 +128.6 Price earning ratio (P/E) 10.21 0.70 -93.1 Book value of share, KZT 1,503.09 1,550.96 +3.2 --------------------------------------------------------------------------- Earnings per common share (EPS) for the year 2000 is given without dividends to preferred shares, since they are not set yet. Compared to 1999 the growth was observed in: - shareholders' equity by KZT642.7 mln, or 43.1% (increase in paid-up part of the capital - KZT383.8 mln, final amount of undistributed profit - KZT531.1 mln, additional capital - by KZT20.0 mln, and decrease in accumulation in funds and reserves - KZT292.2 mln); - assets by KZT4.7 bln or 50.3% (including: loan portfolio - KZT2.9 bln, securities portfolio - KZT1.4 bln, other assets - KZT334.9 mln); - liabilities by KZT4.1 bln, or 51.6% (including deposits - KZT2.6 bln; other liabilities - KZT784.9 mln, issued bonds - KZT721.1 mln); - operational income - KZT1.3 bln or 75.3% (increase in interest income - KZT848.7 mln, non-interest income - KZT471.3 mln); - expenses - KZT1.1 bln or 67.3% as a result of increase in allocations to the reserves (provisions), deposit payments and other expenses. As a result, net income of Temirbank OJSC for the reported period totaled KZT305.9 mln that is KZT207.2 mln or 3.1 times more than in it was in 1999. Following is the table that shows the dynamics of bank's some indicators during the year 2000 on a quarterly and non-accruing sum basis (in mln KZT): Ch. Ch. Ch. Indicator I-2000 II-2000 % III-2000 % IV-2000 % ------------------ ------ ------- ----- -------- ----- ------- ------ Change in deposits 621.5 1,002.0 +61.2 199.5 -80.1 727.3 +264.5 Operational income 697.2 651.4 -6.6 730.3 +12.1 995.,1 +36.3 Net income 75.8 34.5 -54.6 54.9 +59.2 140.7 +156.4 ---------------------------------------------------------------------------- Following securities of Temirbank OJSC were entered into the official list of the KASE securities under category "A": - common inscribed shares (KZ1C00260413, trade code - TEBN) and preferred inscribed shares (KZ1P00260418, trade code - TEBNp) - from October 8, 1998; - inscribed coupon bonds (KZ75KAMJ8A57, trade code - TEBNb) - from August 7, 2000.