Results of activity of NC KTZh CJSC (Kazakhstan) for the first quarter of 2002

/KASE, October 22, 02/ - NC KTZh CJSC (Astana), whose bonds are circulating under the stock exchange's official "A" listing category, provided KASE with the financial statement for the first quarter of 2002: the balance sheet and income statement. The following indicators are results of the issuer's financial and economic activity in the first quarter of 2002, based upon the issuer's information (in th. KZT): ------------------------------------------------------------------------- As of As of Indicator April 01, 01 April 01, 02 Change,% ----------------------------------- ------------ ------------ -------- Authorized capital 971,382 971,382 0.0 Shareholders' equity 149,074,588 163,391,767 +9.6 Total assets 182,003,693 203,701,191 +11.9 Net working capital 15,760,314 27,775,499 +76.2 Accounts receivable 12,166,732 26,205,465 +115.4 Total liabilities (including bonds) 32,909,143 40,309,424 +22.5 Long-term credits 14,234,842 18,934,900 +33.0 Short-term credits 4,363,500 1,648,495 -62.2 Accounts payable 13,899,470 18,321,837 +31.8 Volume of rendered services 34,140,867 38,349,926 +12.3 Cost of services rendered 23,088,900 25,329,593 +9.7 Net income for the period 7,760,335 8,412,392 +8.4 ------------------------------------------------------------------------- Relative to similar period of 2001 there is increase of: - shareholders' equity of the company - by KZT14.3bn as the result of increase of total sum of undistributed income by 42.6bn, reserve capital - by 13.0m whereas there took place decrease of fixed assets revaluation fund by 28.3bn; - assets - by KZT21.7bn, including: accounts receivable - by KZT14.0bn, residual value of fixed assets - by 8.1bn, funds - by 3.0bn whereas there took place decrease of inventories by 2.4bn and other assets - by 981.0m; - liabilities - by KZT7.4bn,,of them: increase of accounts payable by 4.4bn, attracted loans - by 2.0bn and other liabilities - 972.9m; - volume of rendered services - by KZT4.2bn. - cost of services rendered - by KZT2.2bn. Net income received by NC KTZh CJSC for the reporting period has exceeded income of the similar period last year by KZT652.1m. The company's primary activities: transport provision for needs of the national economy and population in transportation of cargo and passengers, provision for foreign economic ties of the Republic of Kazakhstan; export and import of goods.. [2002-10-22]