Auditor’s report on consolidated financial statements of AsiaCredit Bank for 2018 released

04.06.19 10:56
/KASE, June 4, 2019/ – AsiaCredit Bank (Almaty), whose securities are officially listed on the Kazakhstan Stock Exchange (KASE), provided KASE with auditor's report on the bank's consolidated financial statement for 2018. According to audited data as at December 31, 2018 (in thous. KZT, unless otherwise specified): ---------------------------------------------------------------- as at as at Indicator Dec. 31, 2018 Dec. 31, 2017 ------------------------------------ ------------- ------------- Equity 23,465,549 24,609,870 Total assets 118,101,272 161,182,701 Total liabilities 94,635,723 136,572,831 Net income (net loss) -817,179 1,115,201 Book value of an ordinary share, KZT 1,357.86. 1,420.93. ROA, % -0.69 0.69 ROE, % -3.48 4.53 ---------------------------------------------------------------- The bank's financial statements for 2018 were audited by BDO Kazakhstan. According to the auditor’s report, which contains grounds for qualified opinion, consolidated financial statements present fairly, in all material respects, the financial position of AsiaCredit Bank and its subsidiaries as at December 31, 2018, and consolidated financial results and consolidated cash flows for the year then ended in accordance with IFRS. The report is available on KASE website (in Russian) at http://kase.kz/files/emitters/LARI/larif6_2018_cons_rus.pdf [2019-06-04]