Results of activity of SHAKHARMUNAIGAS OJSC (Kazakhstan) for 9 months of 2002

/KASE, November 27, 02/ - SHAKHARMUNAIGAS OJSC (Almaty), whose bonds are circulating under stock exchange's official "A" listing category, provided KASE with financial statement for 9 months of 2002: balance sheet, income statement and cash flow statement. The following indicators are results of the issuer's financial and economic activity for 9 months of 2002, based upon the issuer's information (in th. KZT): --------------------------------------------------------------- As of As of Change, Indicator Oct 1, 01 Oct 1, 02 % -------------------------------- --------- --------- ------- Issued authorized capital (paid) 3,625 3,625 0 Shareholders' equity 1,595,975 1,595,975 0 Total assets 2,184,981 2,889,255 +32.2 Net working capital 2,184,527 2,888,399 +32.2 Accounts receivable, net 1,271,878 1,587,634 +24.8 Liabilities, total 589,006 1,293,280 +119.6 Issued bonds 589,006 1,293,280 +119.6 Sales volume 0 0 0 Cost of goods sold 0 0 0 Net income (loss) for the period 0 0 0 --------------------------------------------------------------- Reports about results of financial and economic activity of SHAKHARMUNAIGAS OJSC for 9 of 2001 and 2002 do not contain data about results of the company's activity for the mentioned periods. Relative to 9 months of 2001 there is increase of: - assets - by KZT704.3 m, that was caused by increase of expenses of future periods - by 388.0 m, accounts receivable - by 315.8 m and other assets - by 0.5 m; - liabilities increased - by KZT704.3 m as the result of floatation of issued bonds. The company's primary activities - exploration, designing, production and sale of hydrocarbon raw stuff, mineral oils; transportation, refining, export-import operations with hydrocarbon raw stuff, mineral oils; building and exploitation of filling stations and bases for preservation and reloading of hydrocarbon raw stuff, mineral oils. [2002-11-27]