Results of Kazakhstan Temir Joly NSE (Kazakhstan) in 2000

/KASE, May 10, 01/ - Kazakhstan Temir Joly NSE (Astana) provided the KASE with its financial statements for 2000: balance sheet, income and cash flows statements. By the data of the issuer following are the results of the company in 2000 (in th. KZT unless otherwise specified): ---------------------------------------------------------------------- As of As of Change, Ratio Jan.1 '00 Jan.1 '01 % ---------------------------------- ----------- ----------- -------- Authorized capital (paid) 915,401 971,382 +6.1 Shareholders' equity 140,995,647 137,368,546 -2.6 Total assets 183,553,042 173,277,092 -5.6 Net working capital 14,170,331 4,308,272 -69.6 Accounts receivable 25,799,678 9,920,138 -61.5 Liabilities, net 42,560,395 35,908,546 -15.6 Long-term loans 16,214,804 15,246,551 -6.0 Short-term loans 1,148,460 3,621,716 +215.4 Accounts payable 25,197,550 16,636,456 -34.0 Sales 99,779,061 138,070,181 +38.4 Cost of goods sold 74,868,389 92,002,820 +22.9 Net income (loss) of the period 174,212 8,710,142 +4,899.7 ---------------------------------- ----------- ----------- -------- Calculated based on issuer's data: ---------------------------------- ----------- ----------- -------- Return on sale (ROS), % 24.97 33.37 +33.6 Return on equity (ROE), % 0.12 6.34 +5,031.8 Return on assets (ROA), % 0.09 5.03 +5,196.2 ---------------------------------------------------------------------- Compared to 1999: - shareholders' equity of the company decreased by KZT3.6 bln as a result of a KZT13.5 bln decrease in fixed assets re-evaluation fund, reserve capital - by KZT0.5 mln, with an increase in final amount of undistributed income by KZT9.8 bln and authorized capital by KZT56.0 mln); - assets fell by KZT10.3 bln (including, accounts receivable - by KZT15.9 bln, inventory - by KZT1.9 bln, other assets - by KZT345.7 mln, with an increase in fixed assets - by KZT2.6 bln, incomplete capital construction - by KZT2.7 bln, cash - by KZT2.5 bln); - liabilities fell by KZT6.7 bln (including, KZT8.6 bln in accounts payable and a KZT1.5 bln increase in loans and KZT403.8 mln in other liabilities); - sales increased by KZT38.3 bln, cost of goods sold - by KZT17.1 bln. Net income, received by Kazakhstan Temir Joly NSE in 2000, equaled KZT8.7 bln, which is by KZT8.5 bln, or 50 times more than in 1999. Following is the table that shows the dynamics of Kazakhstan Temir Joly NSE indicators during the year 2000 on a quarterly and non-accruing sum basis (in mln KZT unless otherwise specified): Ch., % Ch., % Ch., % Indicator I-2000 II-2000 III-2000 IV-2000 ---------- -------- -------- -------- -------- ------- -------- ------- Sales 34,718.1 40,271.2 +16.0 42,249.6 +4.9 20,831.3 -50.7 Net income 248.1 6,068.8 +2,346.0 5,404.0 -11.0 -3,010.7 -155.7 ------------------------------------------------------------------------------ Discounted bonds of Kazakhstan Temir Joly NSE (KZ2CLALN6A19, trade code - TMJLb) were admitted into the official lists of the KASE under category "A" on June 23, 2000. Primary activities of the company - cargo and passenger transportation services for the economy and for the population; international economic relations of Kazakhstan; exports and imports of goods