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02.08.2019 11:37 #Corporate events

Auditor's report on 2018 consolidated financial statements of North Caspian Petroleum released

/KASE, August 2, 2019/ – North Caspian Petroleum (Atyrau), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the company's consolidated financial statements for 2018.

According to audited data as of December 31, 2018 (in th. tenge, if not otherwise specified):

---------------------------------------------------------
                                         as of      as of
Indicator                             31.12.18   31.12.17
----------------------------------- ---------- ----------
Equity                              -3,906,268     36,986
Total assets                        11,361,060 11,848,860
Total liabilities                   15,267,328 11,811,874
Net income (net loss)               -3,943,254 -2,144,935
Book value of ordinary share, tenge    -326.29       3.09
ROA, %                                  -34.71     -18.10
ROE, %                                  100.95  -5,799.32
---------------------------------------------------------

The company's financial statements for 2018 were audited by Ernst & Young LLP. According to the auditor's opinion, consolidated financial statements reflect reliably in all significant relations the consolidated financial position of North Caspian Petroleum and its subsidiary as of December 31, 2018, as well as their consolidated financial results and consolidated cash flows for the year ended as of the specified date in accordance with the IFRS.

The report is available on KASE website at – see more

[2019-08-02]