Auditor's report on 2019 consolidated financial statements of Development Bank of Kazakhstan released

04.05.20 16:01
/KASE, May 4, 2020/ – Development Bank of Kazakhstan (Nur-Sultan), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the bank's consolidated financial statements for 2019. According to audited data as of December 31, 2019 (in th. tenge, if not otherwise specified): ------------------------------------------------- as of as of Indicator 31.12.19 31.12.18 --------------------- ------------- ------------- Equity 428,377,848 376,034,347 Total assets 2,590,815,545 2,536,608,872 Total liabilities 2,162,437,697 2,160,574,525 Net income (net loss) 10,958,476 3,243,808 ROA, % 0.42 0.13 ROE, % 2.56 0.86 ------------------------------------------------- The bank's financial statements for 2019 were audited by KPMG Audit LLP. According to the auditor, consolidated financial statements reflect reliably in all significant relations the consolidated financial position of Development Bank of Kazakhstan and its subsidiaries as of December 31, 2019, 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 – https://kase.kz/files/emitters/BRKZ/brkzf6_2019_cons_rus.pdf [2020-05-04]