NAC Kazatomprom CJSC has summed up results of production and financial activity in 2002

/IRBIS, April 18, 03/ - Today press-service of NAC Kazatomprom CJSC (Almaty), whose bonds are circulating in Kazakhstan stock exchange's (KASE) official "А" listing category, spread press-release, which contains results of the company's production and financial activity in 2002. According to the published data total volume of uranium extraction in Kazakhstan within 2002 increased by 34% in comparison with previous year and reached 2,834 tons. As regards branches of NAC Kazatomprom CJSC volume of extraction reached: Stepnoye ore deposit - 883.4 tons; Central ore deposit - 705.2 tons, deposit #6 - 670.2 tons. Accompanying extraction of testing exploitation while exploration at the field Akdala - 467.7 tons. According to results of 2002 volume of production uranium goods increased in comparison with previous year by 10%; beryllium production - by 53%; tantalum - by 1%; niobium - by 2%. Hydrofluoric acid production increased 4.7 times as much. According to results of the past year consolidated income of NAC Kazatomprom CJSC from production sale increased by 17% in comparison with 2001 and reached KZT23,331.4 m. At that 72% of the income is uranium production sale in the total amount of KZT16,710.6 m.; 9% - beryllium production in total amount of KZT2,026.6 m.; 15% - tantalum-niobium production in the amount of KZT3,540.4 m. and 4% of the income is formed by other sales in for KZT1,053.8 m.. As the result by the end of 2002 the company's income from primary activity equaled to KZT1,713 m. Taking into account income from secondary activity (KZT403 m.), income from writing off the sum of additional evaluation on retired fixed assets and the sold uranium raw stuff (KZT3,436.8 m.) and deduction of expenses on corporate income tax in the amount of KZT1,119.8 m. and income from share holding, income of Minority and amortization of Goodwill in the amount of KZT192.8 m., the consolidated net income of NAC Kazatomprom CJSC including internal turnover equaled to about KZT4,625.8 m.. Total sum of taxes and compulsory payments to the budget for the year 2002 on NAC Kazatomprom CJSC were KZT2,333.3 m.; of them into republican budget - KZT2,287.3 m.. The staff of NAC Kazatomprom CJSC comprises branches-ore deposits on uranium extraction (Central, Stepnoye and ore deposit #6), daughter company Ulbinskiy metallurgical plant OJSC (90%) and Volkovgeologiya OJSC (90%), market share in joint ventures "Inkay", "Katko", "Zarechnoye" and "UKR TVS". Total number of the company's employees is 11,000 persons. [2003-04-18]