Results of activity of DB Alfa-Bank OJSC (Kazakhstan) for the I half- year of 2003

/KASE, July 15, 03/ - DB Alfa-Bank OJSC (Almaty), whose bonds are circulating in the stock exchange's official "А" listing category, provided KASE with financial statement for the I half-year of 2003. Following indexes are result of the bank's financial and economic activity for 6 months of 2003, based on the bank's data (in th. KZT): --------------------------------------------------------------------- as of as of Increase / Index July 1, 02 July 1, 03 decrease, % -------------------------------- ---------- ---------- ----------- Issued authorized capital (paid) 1,000,000 1,000,000 0.0 Shareholders' equity 1,746,838 2,041,954 +16.9 Total assets 7,110,547 10,038,418 +41.2 Liquid assets 1,339,846 2,315,747 +72.8 Given credits (net) 5,484,342 7,335,094 +33.7 Liabilities, total 5,363,709 7,996,464 +49.1 Deposits placed in the bank 3 879 186 6,269,307 +61.6 Issued bonds 844,500 813,482 -3.7 Attracted credits 534,496 717,800 +34.3 Total revenues 757,583 1,149,153 +51.7 General expenses 482,364 916,541 +90.0 Net income for the period 275,219 232,612 -15.5 --------------------------------------------------------------------- Relative to similar period of 2002 there is increase of: - the bank's shareholders' equity (according to balance sheet) - by KZT295.1 m. as the result of increase of total sum of undistributed income by 325.5 m., whereas there took place decrease of reserves on revaluation by 30.4 m.; - assets - by KZT2.9 bn., including: net-volume of loan portfolio - by 1.9 bn., sum on correspondent accounts - by 625.9 m., cash - by 320.4 m., and other assets - by 130.9 m.; - liabilities - by KZT2.6 bn., including: attracted deposits - by 2.4 bn. and other liabilities - by 242.6 m.; - revenues - by KZT391.6 m; - expenses - by KZT434.2 m. (including assignments on provisions - by 259.6 m. or 2.4 times). Net income, which DB Alfa-Bank OJSC received by the results of the I half- year of 2003, decreased in comparison with the net income of similar period of 2002 by KZT42.6 m. [2003-07-15]