Auditor's report on consolidated financial statements of Maten Petroleum for 2020 released

02.07.21 15:20
/KASE, July 2, 2021/ – Maten Petroleum (Atyrau), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the company's consolidated financial statements for 2020. According to the audited data as of December 31, 2020 (in th. tenge, unless otherwise specified): ------------------------------------------------------------------ as of as of Indicator Dec. 31, 2020 Dec. 31, 2019 -------------------------------------- ------------- ------------- Equity 21,323,767 23,898,600 Total assets 191,099,544 206,697,589 Total liabilities 169,775,777 182,798,989 Sales 92,338,857 149,985,255 Gross margin 57,769,205 116,048,811 Net income (net loss) -2,574,833 36,304,150 Book value of an ordinary share, tenge 266 298 ROA, % -1.35 17.56 ROE, % -12.07 151.91 ROS, % -2.79 24.21 ------------------------------------------------------------------ The company's financial statements for 2020 were audited by Ernst & Young LLP. According to the auditor's report, the consolidated financial statements present fairly, in all material respects, the consolidated financial position of Maten Petroleum and its subsidiary as of December 31, 2020, and consolidated financial results and 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 – https://kase.kz/files/emitters/MATN/matnf6_2020_cons_rus.pdf [2021-07-02]