Results of Bank Caspian OJSC (Kazakhstan) in I half of 2001

/KASE, Oct 12, 01/ - Bank Caspian 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 (less treasury stock) 834,661 993,223 +19.0 Shareholders' equity 1,058,477 1,610,953 +52.2 Total assets 4,722,682 12,917,851 +173.5 Liquid assets 2,255,433 4,215,473 +86.9 Loans granted (net) 1,602,736 7,237,171 +351.6 Liabilities, total 3,664,205 11,306,898 +208.6 Loans and deposits 3,070,242 9,202,500 +199.7 Operating income 524,348 1,093,258 +108.5 General expenses 491,242 982,531 +100.0 Net income of the period 33,106 110,727 +234.5 ------------------------------------------------------------------------- Compared to I half of 2000 growth took place in: - shareholders' equity of the company - by KZT552.5m, including: paid part of authorized capital - by KZT158.6m, accumulations in funds and reserves - by KZT254.3m, additional capital - by KZT79.7m and final amount of undistributed income - by KZT59.9m; - assets - by KZT8.2m, of which: increase in loan portfolio - by KZT5.6 bn, securities in the bank's portfolio - by KZT1.1 bn, correspondent account - by KZT710.7m, other assets - by KZT790.8m; - liabilities - by KZT7.9 bn, which is caused by a growth in: deposits - by KZT4.8 bn, credits attracted - by KZT1.3 bn, other liabilities - by KZT1.5 bn; - operating income - by KZT568.9m; - expenses - by KZT491.3m; Net income of the bank in I half of 2001 equaled KZT110.7m, which is KZT77.6m, or 3.3 times more than in similar period of 2000. Coupon bonds of Bank Caspian OJSC (NIN - KZ2CUY03A370, trade code - CSBNb1; $15m; July 13.01 - July 13.04; semiannual coupon at 9.5% APR) were admitted into official list of KASE securities under category "A" on July 19, 2001.