REFERENCE: TexaKaBank OJSC (Kazakhstan) - financial indicators

/IRBIS, information of the KASE Listing commission, Sept 26, 01/ - The following information is published since the first issue inscribed subordinated coupon bonds of TexaKaBank OJSC (Almaty) passed the listing of the Kazakhstan Stock Exchange (KASE) under category "A". TexaKaBank OJSC provided the KASE with its financial statements made in compliance with the Kazakhstani Accounting Standards (KAS), as well as banking legislature. Financial ratios of TexaKaBank OJSC by the data of the bank, in th. KZT, unless otherwise specified ---------------------------------------------------------------- as of as of as of as of Article Jan 1.99 Jan 1.00 Jan 1.01 July 1.01 ------------------------ --------- --------- --------- --------- Authorized capital, paid 285,409 497,400 526,220 526,220 Shareholders' equity* 437,645 908,772 1,022,302 1,514,882 Core capital* 429,745 475,213 901,841 1,011,346 Supplementary capital* 8,226 433,759 120,661 503,736 Total assets 1,611,200 2,442,099 3,714,144 4,813,315 Liquid assets 922,291 916,228 1,573,024 1,168,858 Loans granted, net 443,835 1,140,564 1,516,160 2,714,578 Liabilities 1,181,237 1,520,663 2,668,632 3,736,356 Loans and deposits 1,124,291 1,495,109 2,582,806 3,445,171 Operating income 401,242 449,697 637,119 343,592 General expenses 265,777 367,718 530,651 312,145 Net income 135,465 81,979 106,468 31,447 ROA, % 8.41 3.36 2.87 0.65 ROE, % 31.51 8.90 10.18 2.92 ---------------------------------------------------------------- * - Shareholders' equity, core and supplementary capitals were calculated based on the methodology of the National Bank From 1999 international audit of TexaKaBank OJSC financial statements is conducted based on International Accounting Standards. The auditing in years 1999-2000 has been made by Arthur Andersen (Almaty, Kazakhstan). Financial ratios of TexaKaBank OJSC based on audited data, in th. KZT, unless otherwise specified ------------------------------------------------------- as of as of Article Jan 1.99 Jan 1.00 ----------------------------------- --------- --------- Authorized capital, paid 497,400 526,220 Shareholders' equity 769,823 997,664 Total assets 2,295,130 3,687,207 Liquid assets 920,701 1,616,157 Accounts in credit organizations 438,278 640,467 Loans to clients (net) 1,017,249 1,485,758 Liabilities to clients 1,504,180 2,360,190 Liabilities to credit organizations 37 260,100 Net income 193,115 198,941 ROA, % 8.41 5.40 ROE, % 25.09 19.94 ------------------------------------------------------- Based on auditing report of Arthur Andersen, the financial statements of TexaKaBank OJSC, in all essential aspects give reliable and true picture of the bank's financial condition as of December 31, 1999 and 2000, as well as results of its activities and cash flows as of indicated dates in compliance with International Accounting Standards.