Auditor's report on financial statements of Subsidiary company "Aktobe-Temir-VS" for 2019 released

23.07.20 10:48
/KASE, July 23, 2020/ – Subsidiary company "Aktobe-Temir-VS" (Aktobe region), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the company's financial statements for 2019. According to audited data as of December 31, 2019 (in th. tenge, unless otherwise specified): ---------------------------------------------------------------- as at as at Indicator Dec. 31, 2019 Dec. 31, 2018 ------------------------------------ ------------- ------------- Equity -2,524,349 -2,354,139 Total assets 27,805 19,182 Total liabilities 2,552,154 2,373,321 Net income (net loss) -254,429 -586,019 Book value of an ordinary share, KZT -5,611.00 -5,093.00 ROA, % -915.05 -3,055.05 ROE, % 10.08 24.89 ---------------------------------------------------------------- The company's financial statements for 2019 were audited by "International Auditing Firm "Russell Bedford A+ Partners" LLP. According to the auditor's opinion, financial statements present fairly, in all material respects, the financial position of Subsidiary company "Aktobe-Temir-VS" as of December 31, 2019, as well as costs incurred, cash flows and changes in the capital for the period that started on January 1, 2019 and ended on December 31, 2019 in accordance with the IFRS. The report is available on KASE website (in Russian) at – https://kase.kz/files/emitters/ATVS/atvsf6_2019_rus.pdf [2020-07-23]