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25.06.2020 11:46 #Corporate events

Auditor's report on consolidated financial statements of KazAgro National Management Holding for 2019 released

/KASE, June 25, 2020/ – KazAgro National Management Holding (Nur-Sultan), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the company's consolidated financial statement for 2019.

According to audited data as at December 31, 2019 (in th. KZT, unless otherwise specified):

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                                            as at         as at 
Indicator                            Dec. 31, 2019 Dec. 31, 2018
------------------------------------ ------------- -------------
Equity                                 163,121,791   193,055,279
Total assets                         1,313,103,827 1,627,238,067
Total liabilities                    1,149,982,036 1,434,182,788
Net income (net loss)                  -11,244,946  -117,915,911
Book value of an ordinary share, KZT        293.29        382.03
ROA, %                                       -0.86         -7.25
ROE, %                                       -6.89        -61.08
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The company's financial statements for 2019 were audited by Ernst & Young LLP. According to the auditor's report, consolidated financial statements present fairly, in all material respects, the financial position of KazAgro National Management Holding and its subsidiaries as at December 31, 2010, and 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 (in Russian) at – see more

[2020-06-25]