Results of RG Brands OJSC (Kazakhstan) in I half of 2001

/KASE, Oct 12, 01/ - RG Brands OJSC (Almaty) provided the KASE with its financial statements for the I half of 2001: balance sheet and income statement. By the data of the issuer following are the results of the company in the I half of 2001 (in th. KZT): ------------------------------------------------------ As of As of Change, Ratio July 1 '00 July 1 '01 % ------------------------ ---------- ---------- ------- Authorized capital 426,487 705,000 +65.3 Shareholders' equity 444,758 751,772 +69.0 Total assets 892,088 1,805,027 +102.3 Net working capital 348,050 806,655 +131.8 Accounts receivable 325,056 673,684 +107.3 Liabilities, total 507,371 1,053,254 +107.6 Accounts payable 301,370 110,288 -63.4 Loans attracted 171,120 942,966 +451.1 Sales 266,747 407,245 +52.7 Cost of goods sold 197,754 305,346 +54.4 Net income of the period 16,842 11,562 -31.4 ------------------------------------------------------ Compared to I half of 2000 growth took place in: - shareholders' equity of the company - by KZT307.0m as a result of an increase in paid part of authorized capital by KZT278.5m, final amount of undistributed income by KZT15.3m, additional unpaid capital (fixed assets re-evaluation fund) by KZT13.2m; - assets - by KZT912.9m, including: long-term investments - by KZT410.8m, accounts receivable by KZT348.6m, inventory - by KZT126.1m, other assets - by KZT27.4m; - liabilities - by KZT545.9m, which is caused by an increase in attracted funds (credits and issue bonds) by KZT737.0m with a decrease in accounts payable by KZT191.1m; - sales - by KZT140.5m; - cost of goods sold - by KZT107.6m; - expenses of the period - by KZT37.9m (77.2%) as a result of an increase in interest expenses. As a result, the company received a net income of KZT11.6m, which is KZT5.3m less than in similar period of last year. Primary activities: production and sales of natural juices and beverages, offering marketing services. Inscribed coupon bonds of RG Brands OJSC (KZ72KAT51A39; RGBRb2; Jan 8.01 - Jan 8.03; $100; $4.0m; semiannual coupon at 13.0% APR) were admitted into official list of KASE securities under category "A" on February 5, 2001.