Results of Astana-finance OJSC (Kazakhstan) for 9 months of 2001

/KASE, Oct 24, 01/ - Astana-finance OJSC (Almaty) provided the KASE with its financial statements for 9 months of 2001: balance sheet and income statement. By the data of the issuer following are the results of the company for 9 months of 2001 (in th. KZT): ------------------------------------------------------------ As of As of Change, Ratio Oct 1 '00 Oct 1 '01 % ------------------------------- ---------- --------- ------- Authorized capital (issued) 3,100,000 2,000,000 -35.5 Authorized capital (paid) 1,546,728 1,831,387 +18.4 Shareholders' equity 1,409,697 2,221,599 +57.6 Total assets 14,542,980 9,275,631 -36.2 Accounts receivable 12,926,522 846,563 -88.0 Loan portfolio 5,873,663 6,250,881 +6.4 Liabilities, total 13,133,283 7,054,032 -46.3 Attracted loans 10,356,098 5,504,575 -46.8 Issued bonds - 1,382,358 - Accounts payable 2,777,185 155,115 -94.4 Operating income 6,986,166 780,508 -88.8 General expenses 7,303,197 717,057 -90.2 Net income (loss) for period (317,031) 63,451 - Balance value of 1 share, tenge 911.41 1,213.07 +33.1 ------------------------------------------------------------ Compared to 9 months of 2000: - shareholders' equity of the company increased by KZ811.9m as a result of an increase of final amount of undistributed income - by KZT382.7m, paid part of authorized capital - by KZT284.7m, reserve capital - by KZT144.5m; - assets of company decreased by KZT5.3m, of which: accounts receivable - by KZT6.2m and other assets - by KZT153.5m while increase of balance value of fixed assets by KZT715.2m and loan portfolio - by KZT377.2m; - liabilities decreased by KZT5.3m, which is caused by a repayment of long term credits by KZT4.9bn and accounts payable - by KZT2.6bn at floatation of bonds of the first issue in the amount of KZT1.4bn; - operating income decreased by KZT6.2bn; - general expenses decreased by KZT6.6bn; Net income of the company for 9 months of 2001 equaled KZT63.5m against KZT317.0m for similar period of 2000. Dynamics of some parameters of Astana- Finance OJSC for year 2001 quarterly, not accumulating result is given below in the table (in thousand tenge): --------------------------------------------------------------------- Ratio I-2001 II-2001 Change, % III-2001 Change, % ------------------ --------- ---------- --------- --------- --------- Attracted creditss 249,616 -4,156,071 -1,765.0 17,423 +1,087.1 Loan portfolio 2,073,339 34,467 -98.3 1,177,977 +3,317.7 Operating income 276,136 247,995 -10.2 256,377 +3.4 Net income 13,353 96,726 +624.4 -46,628 -148.2 --------------------------------------------------------------------- Main types of activity of the company are special kinds of banking services, investment activity, financing of economical and social projects on development of Astana and also other types of activity according to Charter and licenses. Today in KASE in borders of official list of securities of categories "A" following securities of Astana - Finance are traded: - common stocks (KZ1C37671418, trade code - ASFI); - coupon bonds (KZ2CUY02A356, trade code - ASFIb1, $100, $10m, July 02.01 - July 02.03, semiannual coupon 9,0% APR).