Results of activity of Almaty Kus OJSC (Kazakhstan) for 9 months of 2002

/KASE, November 27, 02/ - Almaty Kus OJSC (Almaty oblast, Chapayevo settlement), whose securities 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 issuer's financial and economic activity for 9 months of 2002, based upon the issuer's information (in th. KZT, unless otherwise specified): ------------------------------------------------------------------------- As of As of Indicator Oct 1, 01 Oct 1, 02 Change,% ----------------------------------------- --------- --------- -------- Issued authorized capital (paid excluding 1,200,000 1,199,862 -0.0 withdrawn) Shareholders' equity 1,554,671 1,599,252 +2.9 Total assets 4,105,319 5,328,977 +29.8 Net working capital 2,701,525 3,342,907 +23.7 Accounts receivable 2,238,124 2,263,385 +1.1 Liabilities, total 2,550,648 3,729,725 +46.2 Attracted credits 172,626 652,957 +278.3 Issued bonds 1,994,245 2,617,613 +31.3 Accounts payable 383,777 459,155 +19.6 Sales volume 655,653 902,969 +37.7 Cost of goods sold 554,294 830,608 +49.9 Net income for the period 36,669 81,924 +123.4 Book value of one share, KZT 12.96 13.33 +2.9 ------------------------------------------------------------------------- Relative to similar period of 2001 there increase of: - shareholders' equity - by KZT44.6 m as the result of increase of total sum of undistributed income by 56.4 m, whereas there took place decrease reserve capital by 11.7 m; - assets - by KZT1.2 bn, in accordance with increase of money and its equivalents by 813.9 m, inventories - by 192.8 m, residual value of fixed assets - by 132.0 m and other assets - by 85.0 m; - liabilities - by KZT1.2 bn, including: attracted credits - by KZT480.3 m, offered bonds - by 623.4 m, accounts payable - by 75.4 m; - sales volume - by KZT247.3 m; - cost of goods sold - by KZT276.3 m; - expenses of the period - by KZT34.6 m; - revenues from secondary activity - by KZT67.3 m (5.6 times) Net income received by Almaty Kus OJSC by the results of 9 months of 2002 increased in comparison with similar period of 2001 by KZT45.3 m or 2.2 times. The tale below shows dynamics of some indicators of Almaty Kus OJSC OJSC for 9 months of 2002 by quarters by non-growing result (in th. KZT): ----------------------------------------------------------- Change, Change, Indicator I-2002 II-2002 % III-2002 % ------------ ------- ------- ------- -------- -------- Sales volume 279,730 223,946 -19.9 399,293 +78.3 Net income 20,520 -5,886 -128.7 67,290 +1,243.2 ----------------------------------------------------------- The company's primary activities - production and sale of poultry keeping production, leasing. Major types of production: saleable and pedigree egg of poultry, pedigree chickens, dried eggs and poultry's meat. [2002-11-27]