Results of Development Bank of Kazakhstan OJSC activity for the first half year of 2002

30.09.02 00:00
/KASE, September 30, 02/ - Development Bank of Kazakhstan OJSC (Astana), whose bonds 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): ----------------------------------------------------------- As of As of Indicator Jan 01, 01 July 01, 02 ------------------------------------ ---------- ----------- Authorized capital (paid) 24,026,677 28,685,750 Shareholders' equity 24,797,730 30,513,097 Book value of assets 24,928,602 35,446,567 Liquid assets 24,024,363 30,258,457 Total liabilities 130,872 4,933,470 Credits granted (net) - 3,189,985 Loans and deposits (including bonds) 15,234 4,575,816 Total revenues 968,425 1,513,647 General expenses 197,372 379,822 Net income for the period 771,053 1,133,825 ----------------------------------------------------------- Comparative analysis of the bank's results of activity with corresponding period of 2001 is not shown in accordance with the fact that the bank started its activity since May 31 of 2001. Primary activity - rendering of banking activities (excepting attracting of deposits and opening of accounts for physical and juridical entities, excluding opening and maintaining of accounts of conditional deposits, reserve accounts in compliance with agreements on loans that are guaranteed by the state, and also on servicing of investment projects, which are financed at the expense of means of Republican and local budgets). [2002-09-30]