Results of Bank Temirbank OJSC (Kazakhstan) activity for the first half year of 2002

/KASE, September 30, 02/ - Temirbank OJSC (Almaty), whose securities are circulating under the stock exchange's official "A" listing category, provided KASE with the financial statement for the first half year of 2002: the balance sheet and income statement. The following indicators are results of the bank's financial and economic activity in the first six months of 2002, based upon the bank's information (in th. KZT, unless otherwise specified): ------------------------------------------------------------------------------ As of As of Indicator July 01, 01 July 01, 02 Change,% --------------------------------------------- ----------- ----------- -------- Authorized capital (paid excluding withdrawn) 1,378,423 1,400,000 +1.6 Shareholders' equity 2,011,916 2,448,989 +21.7 Total assets 14,517,197 24,982,469 +72.1 Liquid assets 4,482,044 8,323,400 +85.7 Credits granted (net) 8,924,445 15,300,754 +71.4 Liabilities 12,505,281 22,533,480 +80.2 Loans and deposits (including bonds) 12,144,442 22,012,585 +81.3 Issued bonds 731,035 1,638 419 +124.1 Total revenues 1,721,894 2,381,918 +38.3 General expenses 1,547,218 2,201,299 +42.3 Net income for the period 174,676 180,619 +3.4 Book value of one share, tenge 1,459.58 1,749.28 +19.8 ------------------------------------------------------------------------------ Relative to similar period of 2001 there is increase of: - Shareholders' equity of the bank - by KZT437.1m as the result of increase of savings in funds and reserves by KZT334.2m, total sum of undistributed income - by KZT80.6m, the paid part of the authorized capital - by 21.6m and additionally paid capital - by KZT0.7m; - assets - by KZT10.5bn, of them: net-volume of loan portfolio - by KZT6.4bn, deposits in other banks - by KZT2.8bn, securities in the bank's portfolio - by 953.9m, other assets - by 231.5m; - liabilities - by KZT10.0bn, including: deposits - by KZT4.3bn, attracted credits - by 3.8bn, volume of offered bonds - by 903.6m and other liabilities - by 1.0bn; - Revenues - by KZT660.0m; - Expenses - by KZT654.1m. Net income received by Temirbank OJSC by the results of the first half year of 2002 increased by KZT5.9m relative to similar period of 2001. [2002-09-30]