Auditor's report on NOSTRUM OIL & GAS PLC 2020 consolidated financial statements released

20.05.21 13:12
/KASE, May 20, 2021/ – NOSTRUM OIL & GAS PLC (London), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the auditor's report on the company's consolidated financial statements for 2020. According to the audited data as of December 31, 2020 (in th. US dollars, if not otherwise specified): ------------------------------------------------------- as of as of Indicator 31.12.20 31.12.19 ----------------------------------- --------- --------- Equity -759,751 -432,084 Total assets 505,418 846,294 Total liabilities 1,265,169 1,278,378 Sales volume 175,939 322,128 Gross income 50,547 150,126 Net income (net loss) -327,425 -989,927 Book value of one share, US dollars -4.12 -2.30 ROA, % -64.78 -116.97 ROE, % 43.10 229.11 ROS, % -186.10 -307.31 ------------------------------------------------------- The company's financial statements for 2020 were audited by Ernst & Young LLP. According to the auditor's report, the consolidated financial statements represent fairly, in all material respects, the financial position of NOSTRUM OIL & GAS PLC and its subsidiaries as of 31 December 2020 and their losses for the year then ended. The Group's financial statements have been properly prepared in accordance with International Accounting Standards in accordance with the requirements of the Companies Act 2006 of the United Kingdom and in accordance with International Financial Reporting Standards (IFRS) adopted pursuant to Directive (EC) No 1606/2002, applicable in the European Union. The report is available on KASE website at – https://kase.kz/files/emitters/GB_NTRM/gb_ntrmf6_2020_cons_rus.pdf [2021-05-20]