Results of RG Brands OJSC (Kazakhstan) in 9 months of 2001

/KASE, Dec 25, 01/ - RG Brands 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 in 9 months of 2001 (in th. KZT): ------------------------------------------------------------------- As of As of Change, Ratio Oct 1 '00 Oct 1 '01 % ------------------------------------ --------- --------- ------- Authorized capital 705,000 705,000 0.0 Shareholders' equity 719,029 803,499 +11.7 Total assets 1,323,209 1,882,500 +42.3 Net working capital 186,618 823,184 +341.1 Accounts receivable 687,344 678,358 -1.3 Liabilities, total (including bonds) 604,181 1,079,001 +78.6 Accounts payable 321,276 355,128 +10.5 Issued bonds - 591,438 - Loans attracted 282,905 132,435 -53.2 Sales volume 345,804 610,104 +76.4 Cost of goods sold 261,477 458,615 +75.4 Net income of the period 12,600 38,753 +207.6 ------------------------------------------------------------------- Compared to similar period of 2000 growth took place in: - shareholders' equity of the company - by KZT84.0m as a result of an increase in final amount of undistributed income by KZT46.8m, additional unpaid capital by KZT37.7m; - assets - by KZT559.3m, including: long-term investments - by KZT437.4m, inventory - by KZT109.7m, other assets - by KZT12.1m; - liabilities - by KZT474.8m, which was conditioned by the issue of bonds for KZT591.4m and increase in accounts payable by KZT33.9m with a decrease of attracted loans - by 150.5m; - sales volume - by KZT264.3m; - cost of goods sold - by KZT197.1m; - expenses of the period - by KZT57.6m (77.2%) as a result of an increase in interest expenses. As a result, the company received a net income of KZT38.8m, which is KZT26.2m more than in similar period of last year. The following table represents dynamics of some parameters of RG Brands OJSC for year 2001 on a quarterly and non-cumulative sum basis (in th. KZT): -------------------------------------------------------------- Ratio I-2001 II-2001 Change, % III-2001 Change, % ------------ ------- ------- --------- -------- --------- Sales volume 193,368 213,877 +10.6 202,859 -5.2 Net income 6,961 4,601 -33.9 27,191 +491.0 -------------------------------------------------------------- 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.