Results of RG Brands OJSC (Kazakhstan) in 2000

/KASE, Apr 27, 01/ - RG Brands OJSC (Almaty), in compliance with the listing obligations, provided the Kazakhstan Stock Exchange (KASE) with its preliminary 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 capital 640 705,000 +110,056.3 Shareholders' equity 2,068 727,042 +35,050.0 Total assets 570,424 1,250,003 +119.1 Net working capital -65,751 654,817 +1,095.9 Accounts receivable 75,575 585,638 +674.9 Loans attracted 254,938 254,902 -13.0 Accounts payable 275,418 268,059 -2.7 Sales (services offered) 69,691 485,616 +596.8 Cost of goods sold 46,100 350,035 +659.3 Net income (loss) 2,562 20,614 +704.5 ---------------------------------- --------- --------- ---------- Calculated based on issuer's data: ---------------------------------- --------- --------- ---------- Return on sale (ROS), % 33.85 27.92 -17.5 Return on equity (ROE), % 123.88 2.84 -97.7 Return on assets (ROA), % 0.45 1.65 +267.1 ----------------------------------------------------------------- Compared to 1999: - shareholders' equity increased by KZT725.0 mln, or 351.5 times (authorized capital increased by KZT704.4 mln, final amount of undistributed by KZT20.6 mln); - assets increased by KZT679.6 mln, or 119.1%; - accounts receivable increased by KZT510.1 mln, or 7.7 times (including, short-term accounts receivable from affiliated individuals by KZT401.9 mln. By the information fo the issuer, most of this debt was settled as of January 30, 2001); - liabilities decreased by KZT45.4 mln, or 8.0% (including, loans attracted by KZT38.0 mln, accounts payable - by KZT7.4 mln); - sales increased by KZT415.9 mln, or 7.0 times; - cost of goods sold increased by KZT303.9 mln, or 7.6 times, expenses of the period increased by KZT113.4 mln, or 7.8 times, income from secondary activities increased by KZT11.2 mln, or 3.2 times. Net income, received by RG Brands OJSC in 2000, equaled KZT20.6 mln, which is KZT18.1 mln or 8.0 times more than it received in 1999. Following is the table that shows the dynamics of company's indicators during the year 2000 on a quarterly and non-accruing sum basis (in th KZT, unless otherwise specified): ---------------------------------------------------------------- Indicator I-2000 II-2000 Ch., % III-2000 Ch., % IV-2000 Ch., % ---------- ------- ------- ------ -------- ------ ------- ------ Sales 113,443 153,304 +35.1 79,057 -48.4 139,812 +76.8 Net income -10,628 27,470 -358.5 -4,242 -115.4 8,014 +288.9 ---------------------------------------------------------------- Main activities of the company: production and sales of natural juices and beverages, offering marketing services. Second issue inscribed coupon bonds of RG Brands OJSC (KZ72KAT51A39, RGBRb2, Jan 8, 01 - Jan 8, 03, $100, $4.0 mln, semiannual coupon at 13.0% APR) were admitted into the official list of the KASE under category "A" on February 5, 2001.