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04.08.2020 14:50 #Corporate events

Auditor's report on consolidated financial statements of Central Asian Electric Power Corporation for 2019 released

/KASE, August 4, 2020/ – Central Asian Electric Power Corporation (Almaty), 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 of December 31, 2019 (in th. tenge, unless otherwise specified):

-------------------------------------------------
                             as at         as at 
Indicator             Dec. 31, 2019 Dec. 31, 2018
--------------------- ------------- -------------
Equity                  136,341,712   144,664,985
Total assets            319,211,071   314,089,148
Total liabilities       182,869,359   169,424,163
Sales                   137,195,299   143,880,232
Gross income             20,877,706    29,570,648
Net income (net loss)    -5,043,544     1,600,112
ROA, %                        -1.58          0.51
ROE, %                        -3.70          1.11
ROS, %                        -3.68          1.11
-------------------------------------------------

The company's financial statements for 2019 were audited by PricewaterhouseCoopers LLP. According to the auditor's report, which contains grounds for a qualified opinion, the consolidated financial statements present fairly, in all material respects, the consolidated financial position of Central Asian Electric Power Corporation and its subsidiaries as at 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

[2020-08-04]