Auditor's report on 2020 consolidated financial statements of Development Bank of Kazakhstan released

23.04.21 14:09
/KASE, April 23, 2021/ – Development Bank of Kazakhstan (Nur-Sultan), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the bank's consolidated financial statements for 2020. According to audited data as of December 31, 2020 (in th. tenge, if not otherwise specified): ------------------------------------------------- as of as of Indicator 31.12.20 31.12.19 --------------------- ------------- ------------- Equity 512,033,050 428,377,848 Total assets 3,087,979,887 2,590,815,545 Total liabilities 2,575,946,837 2,162,437,697 Net income (net loss) 22,369,842 10,958,476 ROA, % 0.72 0.42 ROE, % 4.37 2.56 ------------------------------------------------- The bank's financial statements for 2020 were audited by KPMG Audit LLP. According to the auditor's opinion, the consolidated financial statements reflect reliably in all significant relations the consolidated financial position of Development Bank of Kazakhstan and its subsidiaries as of December 31, 2020, as well as 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 at – https://kase.kz/files/emitters/BRKZ/brkzf6_2020_cons_rus.pdf [2021-04-23]