Results of Bank Caspian OJSC (Kazakhstan) for 9 months of 2001

/KASE, Oct 31, 01/ - Bank Caspian 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 (less treasury stock) 828,880 993,223 +19.8 Shareholders' equity 1,084,534 1,552,658 +43.2 Total assets 6,836,382 12,962,016 +89.6 Liquid assets 2,659,754 3,447,219 +29.6 Credits given (net) 3,117,449 8,075,625 +159.0 Liabilities, total 5,751,848 11,409,358 +98.4 Loans and deposits 4,703,110 10,572,326 +124.8 Total income 859,476 1,893,486 +120.3 General expenses 792,785 1,637,524 +106.6 Net income of the period 66,691 255,962 +283.8 --------------------------------------------------------------------- Compared to similar period of 2000 growth took place in: - shareholders' equity of the bank - by KZT468.1m, including: final amount of undistributed income - by KZT167.5m, paid part of authorized capital - by KZT164.3m, additional capital - by KZT79.7m, accumulations in funds and reserves - by KZT56.6m; - assets - by KZT6.1bn, of which: net volume of loan portfolio - by KZT5.0bn, correspondent account - by KZT387.6m, securities in portfolio of bank - by KZT374.3m, other assets - by KZT56.6m; - liabilities - by KZT5.7bn as a result of an increase in deposits by KZT4.4bn and credits attracted - by KZT1.5bn with a decrease in other liabilities - by KZT211.7m; - income - by KZT1.0bn; - expenses - by KZT844.7m; Net income of Bank Caspian OJSC for 9 months of 2001 equaled KZT256.0m, which is KZT189.3m or 3.8 times more than in similar period of 2000. Dynamics of some parameters of Bank Caspian OJSC in 2001 is given in the table below on a quarterly, not accumulating sum basis (in th. KZT): ------------------------------------------------------------------ Indicator I-2000 II-2000 Change, % III-2000 Change, % ------------------ --------- ------- --------- --------- --------- Change in deposits 1,069,694 38,327 -96.4 1,210,126 +3,057.4 Total income 479,672 613,586 +27.9 800,228 +30.4 Net income 14,098 96,629 +585.4 145,235 +50.3 ------------------------------------------------------------------ Coupon bonds of Bank Caspian OJSC (KZ2CUY03A370, trade code - CSBNb1, $15m, $100, July 13.01 - July 27.04, semiannual coupon 9,5% APR) were admitted into official list of KASE securities under category "A".