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24.07.2020 11:28 #Securities

Auditor's report on consolidated financial statements of PAVLODARENERGO for 2019 released

/KASE, July 24, 2020/ – PAVLODARENERGO (Pavlodar), whose bonds are officially listed on the 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. tenge, unless otherwise specified):

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                                            as at         as at 
Indicator                            Dec. 31, 2019 Dec. 31, 2018
------------------------------------ ------------- -------------
Equity                                  67,151,720    71,832,504
Total assets                           146,536,889   145,855,205
Total liabilities                       79,385,169    74,022,701
Sales                                   48,202,301    51,970,528
Gross income                             7,336,685    14,562,370
Net income (net loss)                   -2,323,091     2,348,084
Book value of an ordinary share, KZT        400.22        427.87
ROA, %                                       -1.59          1.61
ROE, %                                       -3.46          3.27
ROS, %                                       -4.82          4.52
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The company's financial statements for 2019 were audited by PricewaterhouseCoopers LLP. According to the auditor's opinion, which contains a qualified opinion, the consolidated financial statements present fairly, in all material respects, the consolidated financial position of PAVLODARENERGO and its subsidiaries as of December 31, 2019, 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

[2020-07-24]