Results of activity of ТеxaKaBank OJSC (Kazakhstan) for 2002

/KASE, April 2, 03/ - ТеxaKaBank OJSC (Almaty), whose securities are circulating in the stock exchange's official "А" listing category, provided KASE with financial statement for 2002: balance sheet, income statement and cash flow statement. Following indexes are result of the bank's financial and economic activity for 2002, based on the bank's data (in th. KZT, unless otherwise specified): ---------------------------------------------------------------- as of as of Increase / Index Jan 1, 02 Jan 1, 03 decrease, % -------------------------------- --------- --------- ----------- Issued (paid) authorized capital 641,500 973,380 +51.7 Shareholders' equity* 1,084,716 1,294,178 +19.3 Total assets 5,893,454 9,201,747 +56.1 Liquid assets 1,227,200 2,242,796 +82.8 Given credits (net) 3,764,082 5,903,011 +56.8 Liabilities, total 4,808,738 7,907,569 +64.4 Loans and deposits 4,697,474 7,794,855 +65.9 Issued bonds 851,949 1,578,387 +85.3 Total revenues 811,309 1,425,301 +75.7 General expenses 772,105 1,215,839 +57.5 Net income for the period 39,204 209,462 +434.3 -------------------------------- --------- --------- ----------- It's been calculated according to issuer's data: ---------------------------------------------------------------- Return on equity (ROE), % 3.61 16.18 +347.8 Return on assets (ROA), % 0.67 2.28 +242.2 Book value of one share, KZT 1,549.59 1,329.57 -14.2 Earnings per share (EPS), KZT 56.01 215.19 +284.2 ---------------------------------------------------------------- * - shareholders' equity of ТexaKaBank OJSC according to data of the balance sheet. The bank's shareholders equity, which is calculated in accordance with the Rules "About prudential norms" of the National Bank of Kazakhstan, as of January 1 of 2003 was equal to KZT1,933.4 m. Relative to 2001 there is increase of: - the bank's shareholders' equity (according to balance sheet) - by KZT209.5 m. as the result of increase of paid part of authorized capital by KZT331.9 m. (registration of the 5th shares issue in tenge with increasing of number of shares and sum of the issue due to additional capital in the amount of 331.9 m.), undistributed income - by 185.4 m. and formed reserves - by 24.1 m.; - assets - by KZT3.3 bn., including: net volume of loan portfolio - by 2.1 bn., sums on correspondent accounts - by 706.0 m., securities in the bank's portfolio - by 237.1 m. and other assets - by 226.3 m.; - liabilities - by KZT3.1 bn., in accordance with the increase of attracted deposits volume by 2.4 bn. and floatation of bonds for the amount of 726.4 m.; - revenues - by KZT614.0 m; - expenses - by KZT443.7 m. Net income of, which ТеxaKaBank OJSC received for 2002, increased relative to 2001 by KZT170.3 m. Below is dynamics of some indexes of ТеxaKaBank OJSC for 2002 by quarters by non-growing total (in m. KZT): -------------------------------------------------------------------------- Change, Change, Change, Index I-2002 II-2002 % III-2002 % IV-2002 % ------------------ ------ ------- ------- -------- ------- ------- ------- Change of deposits 953.2 104.6 -89.0 407.7 +289.7 905.4 122.0 Total revenues 273.4 357.0 +30.6 349.9 -2.0 445.0 27.2 Net income 47.3 48.5 +2.5 67.3 +38.8 46.5 -30.9 -------------------------------------------------------------------------- [2003-04-02]