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

25.06.20 11:46
/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): ---------------------------------------------------------------- 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 ---------------------------------------------------------------- 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 – https://kase.kz/files/emitters/KZAG/kzagf6_2019_cons_rus.pdf [2020-06-25]