Results of activity of Astana-finance OJSC (Kazakhstan) for the I half- year of 2003

/KASE, July 25, 03/ - Astana-finance OJSC (Astana), whose securities are circulating in Kazakhstan stock exchange's (KASE) official "A" listing category, provided KASE with the financial statement for the I half-year of 2003. The following indicators is result of the company's financial and economic activity for the I half-year of 2003, based upon the company's information (in th. KZT, unless otherwise specified): ---------------------------------------------------------------- As of As of Indicator July 01, 02 July 01, 03 Change,% ---------------------------- ----------- ----------- -------- Authorized capital (paid) 2,000,000 2,073,949 +3.7 Shareholders' equity 2,515,399 2,941,137 +16.9 Total assets 11,008,140 13,784,728 +25.2 Accounts receivable (net) 1,239,857 1,225,129 -1.2 Loan portfolio 7,830,658 9,295,102 +18.7 Total liabilities 8,492,741 10,843,591 +27.7 Attracted credits 5,539,627 7,249,869 +30.9 Issued bonds 1,729,580 3,043,600 +76.0 Accounts payable 1,168,990 515,318 -55.9 Total revenues 478,416 1,051,630 +119.8 General expenses 379,284 906,931 +139.1 Net income for the period 99,132 144,699 +46.0 Book value of one share, KZT 1,257.70 1,418.13 +12.76 ---------------------------------------------------------------- Relative to the I half-year of 2002 there is increase of: - shareholders' equity of the company - by KZT425.7 m. as the result of increase of the paid part of authorized capital (partial additional floatation of shares of the 3rd issue) - by KZT73.9 m., and total sum of undistributed income - by 351.8 m.; - assets - by KZT2.8 bn., including: given credits - by 1.5 bn., money - by 1.1 bn., residual value of fixed assets - by KZT303.6 m., investments into authorized capital - by 446.2 m., whereas there took place decrease of other assets by KZT512.8 m.; - liabilities - by KZT2.3 bn., that was caused by increase of attracted credits KZT1.7 bn. and floated bonds - by 1.3 bn., whereas there took place decrease of other liabilities by 673.4 m.; - revenues - by KZT573.2 m.; - expenses - by KZT527.6 m. Net income, which Astana-finance OJSC received in the I half-year of 2003, increased by KZT45.6 m. relative to similar period of 2002. Astana-finance OJSC is non-banking institution, primary activities of which are: individual types of banking services, investment activity, financing of economic and social projects on development Astana city, and also other types of activity in accordance with the Charter and licenses, which the company possesses. [2003-07-25]