Audited financial report of KazTransOil NOTC CJSC for 2000

/KASE, June 27, 01/ - KazTransOil NOTC CJSC (Astana) provided the KASE with its audit on financial activity for 2000: prepared by Arthur Andersen company (Almaty, Kazakhstan) Following are the results of the company on Dec 31 1999 - 2000 by the data of audited financial report (in m KZT): Ratio 1999 2000 ------------------------------------ ---------- ----------- Authorized capital (paid) 19.406.071 32.903.713 Shareholders' equity 25.149.100 121.453.747 Total assets 30.877.099 133.275.308 Net working capital 4.546.459 14.750.495 Accounts receivable (net) 4.536.870 6.510.224 Bad debt reserves 5.727.999 11.821.561 Accounts payable 4.666.742 6.729.380 Issued circulating bonds - 3.628.829 Sales 17.698.345 35.148.218 Cost of goods sold 10.091.881 23.668.161 Net income (loss) 5.639.812 7.431.698 ------------------------------------ ---------- ----------- Calculated based on the audit data: ------------------------------------ ---------- ----------- Return on sales, (ROS), % 42.98 32.66 Return on equity, (ROE), % 22.43 6.12 Return on assets, (ROA), % 18.27 5.58 ------------------------------------------------------------- Arthur Anderson hold audit in accordance with Audit international standards and on May 03, 2001 was completed over. Audited financial report prepared in accordance with Kazakhstani accounting standards (KAS). Auditor thinks that financial report of companies in all substantial aspects reflect its financial situation on Dec 31, 2001 - 1999, results of activity and monetary flow during indicated dates according to KAS. Coupon bonds of KazTransOil NOTC CJSC (KZ73LAONAA35, trade code - KZTOb) were admitted in KASE official list under А category on October 20, 2000. The main activity - oil, oil products and water transportation service by pipeline, marine and railway transport facilities.