Results of activity of RG Brands OJSC (Kazakhstan) for 9 months of 2002

/KASE, November 14, 02/ - RG Brands OJSC (Almaty), whose bonds are circulating under the stock exchange's official "A" listing category, provided KASE with the financial statement for 9 months of 2002: the balance sheet and income statement. The following indicators are results of the company's financial and economic activity in 9 months of 2002, based upon the company's information (in th. KZT, unless other wise specified): -------------------------------------------------------------------- As of As of Indicator Oct 1, 01 Oct 1, 02 Change,% ------------------------------------ --------- --------- -------- Issued authorized capital (paid) 705,000 705,000 +0.0 Shareholders' equity 803,499 851,100 +5.9 Total assets 1,882,500 1,833,409 -2.6 Net working capital 823,184 717,767 -12.8 Accounts receivable 678,358 439,375 -35.2 Liabilities, total 1,079,001 982,309 -9.0 Accounts payable (including leasing) 283,948 281,295 -0.9 Issued bonds 591,438 616,600 +4.3 Attracted credits 203,615 77,275 -62.0 Sales volume 610,104 665,869 +9.1 Cost of goods sold 458,615 487,740 +6.4 Net income (loss) for the period 38,753 (17,528) -145.2 -------------------------------------------------------------------- Relative to similar period of 2001 there are following changes: - Shareholders' equity increased by KZT47.6 bn as the result of increase of additionally unpaid capital by 83.7 m whereas there took place decrease of total sum of undistributed income by 36.1 m; - assets decreased by KZT49.1 m that was caused by decrease of accounts receivable by 240.9 m and residual value of fixed assets by 24.0 m, whereas there took place increase of inventories - by 105.4 m, long- term investments - by 82.7 m and other assets - by 27.7 m; - liabilities decreased by KZT96.7 m in accordance with decrease of attracted credits volume by KZT124.7 m, whereas there took place increase of liabilities on bonds by 25.2 m and other liabilities by 2.9 m; - sales volume increased by KZT55.8 m; - cost of goods sold increased by KZT29.1 m; - expenses of the period increased by KZT38.9 m (by 29.3%) in accordance with increase of expenses on sale. By the results of activity for 9 months of 2002 the company has loss in the amount of KZT17.5 m against KZT38.8 m of the net income, which had been received for 9 months of 2001. The table below shows dynamics of come indicators of RG Brands OJSC for 2002 by quarters by non-growing results (in th. KZT): ----------------------------------------------------------- Change, Change, Indicator I-2002 II-2002 % III-2002 % ------------ ------- ------- ------- -------- -------- Sales volume 252,825 244,223 -3.4 168,821 -30.9 Net income 15,497 -872 -105.6 -32,153 -3,586.0 ----------------------------------------------------------- The company's primary activities: production and sale of natural juices and drinks, marketing services. [2002-11-14]