REFERENCE: Zhayrem OMPE OJSC (Kazakhstan) - financial indicators

/IRBIS, July 2, 02/ - The data below are published in accordance with admittance of inscribed coupon indexed bonds of Zhyrem ore mining and processing enterprise OJSC (Zhayrem OMPE, Karaganda oblast) of the first issue (KZ2CKY04A484; KZT10,000; KZT2,300.0m; March 4, 02 - March 4, 06; semiannual coupon 10.0%APR) into Kazakhstan Stock Exchange's (KASE) official "A" listing category. The reference has been made by the materials of KASE listing commission conclusion. Zhayrem OMPE OJSC presented KASE the following financial statement prepared in compliance with Kazakhstan accounting standards: balance sheets, income statement, cash flow statements for 1998 - 2001, and intermediate financial statement for the first quarter of 2002. The table below shows data of non-audited, non-consolidate financial statement of the company and indicators calculated in compliance with their base by stock exchange's specialists (in th KZT unless otherwise specified). -------------------------------------------------------------------------------- As of As of As of As of As of Name of indicator Jan 1.99 Jan 1.00 Jan 1.01 Jan 1.02 Apr 1.02 ------------------------- --------- --------- --------- --------- --------- Authorized capital (paid) 191,707 640,415 640,415 640,415 640,415 Shareholders' equity 1,329,235 2,085,181 3,059,542 2,653,900 2,875,701 Book value of assets 3,733,842 4,209,761 6,484,579 6,791,059 5,628,218 Net working capital 882,566 903,512 107,797 -66,339 -153,481 Accounts receivable 1,305,372 517,626 488,796 570,261 584,677 Total liabilities 2,404,607 2,124,580 3,425,037 4,137,159 2,752,517 Credits borrowed 1,680,298 1,291,471 2,395,410 2,348,625 1,148,390 Accounts payable 724,308 833,109 1,029,627 1,675,640 1,522,957 Volume of goods sold 2,234,129 5,001,489 6,249,147 5,267,735 1,079,725 Cost of goods sold 1,176,106 2,126,902 2,792,397 2,152,503 511,432 Net income (expense) (159,412) 402,787 1,647,805 1,239,609 221,800 Return on sale (ROS), % 47.36 57.47 55.32 59.14 52.63 Return on assets (ROA), % - 19.32 53.86 46.71 7.71 Return on equity (ROE), % - 9.57 25.41 18.25 3.94 -------------------------------------------------------------------------------- International audit of Arthur Andersen (Almaty, Kazakhstan) on Zhayrem OMPE consolidated financial statement for 2000 and 2001, prepared in compliance with International accounting standards was conducted in compliance with International accounting standards - by Arthur Andersen on the company's consolidated financial statement. The table below shows data of the company's audited financial statement and compilation reports (th KZT unless otherwise specified). --------------------------------------------------------------------- As of As of As of As of Name of indicator Jan 1.99 Jan 1.00 Jan 1.01 Jan 1.02 ------------------------- --------- --------- --------- --------- Authorized capital (paid) 191,707 640,415 640,415 640,415 Shareholders' equity 240,327 1,296,601 4,839,165 4,166,931 Book value of assets 2,651,925 3,335,870 9,289,723 8,034,696 Net working capital 206,431 278,887 -462,000 -830,642 Accounts receivable (net) 1,232,201 723,356 456,227 488,929 Total liabilities 2,411,598 2,039,269 4,450,558 3,867,765 Credits borrowed 1,681,245 1,319,258 2,051,910 1,238,506 Accounts payable 730,353 720,011 1,512,366 1,763,734 Income from realization 1,598,503 3,859,712 6,076,388 5,267,735 Cost of realization 628,789 1,268,194 1,927,822 2,305,028 Net income (loss) (136,178) 937,682 1,516,137 1,052,820 Return on sale (ROS), % 60.66 67.14 68.27 56.24 Return on equity (ROE), % - 72.32 31.33 25.27 Return on assets (ROA), % - 28.11 16.32 13.10 --------------------------------------------------------------------- * data of compilation reports According to Arthur Andersen opinion the consolidated financial statement reflects impartial and true account of Zhayrem OMPE financial situation by December 31, 2000 (excluding absence of comparable information for 1999) and by December 31, 2001, and consolidated results of its activity and cash flow for the years, which ended by the mentioned dates, in compliance with international accounting standards. [2002-07-02]