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

24.07.20 11:28
/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): ---------------------------------------------------------------- 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 ---------------------------------------------------------------- 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 – https://kase.kz/files/emitters/PDEN/pdenf6_2019_cons_rus.pdf [2020-07-24]