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Market and Company News
12.11.2002 00:00

Results of activity of Valut-Tranzit Park OJSC (Kazakhstan) for the first half year of 2002

/KASE, November 12, 02/ - Valut-Tranzit Park OJSC (Almaty), whose bonds are circulating under the stock exchange's official "B" 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 issuer's financial and economic activity in the first six months of 2002, based upon the issuer's information (in th. KZT):

--------------------------------------------------------
                                       As of       As of
Indicator                         July 1, 01  July 1, 02
--------------------------------  ----------  ----------
Issued authorized capital (paid)      55,000      55,000
Shareholders' equity                  50,036      50,800
Total assets                         292,780      66,148
Net working capital                  205,847      60,585
Accounts receivable                   32,070      54,116
Total liabilities                    242,744      15,348
Attracted credits                    243,472      15,729
Accounts payable                        -729        -381
Sales volume                          38,365      13,364
Cost of goods sold                    33,903      10,923
Net income (loss) for the period       (107)         763
--------------------------------------------------------

Comparative analysis of the company's results of activity with corresponding period of 2001 is not given because the stock exchange has not the company's financial statement for the first half year of 2001.

Besides, the stock exchange has not received from the company explanations negative value of accounts payable.

The company's primary activities - organization of rest and population's leisure time, services of aqua-park, sanitary center, training halls and saunas.

[2002-11-12]