Results of activity of KazTransOil CJSC (Kazakhstan) for the I half-year of 2003
05.09.03 00:00
/KASE, September 5, 03/ - KazTransOil CJSC (Astana), whose bonds 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 are result of the issuer's financial and economic
activity for the I half-year of 2003, based upon the issuer's information (in
th. KZT):
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As of As of
Indicator July 1, 02 July 1, 03 Change,%
------------------------- ----------- ----------- --------
Authorized capital 32,884,575 32,884,575 0.0
Shareholders' equity 132,145,450 145,928,836 +10.4
Total assets 177,595,737 191,381,314 +7.8
Net working capital 45,957,325 55,625,885 +21.0
Accounts receivable (net) 24,018,059 22,103,717 -8.0
Liabilities, total 45,450,287 45,452,478 +0.0
Attracted credits 2,400,883 2,622,468 +9.2
Accounts payable 12,573,070 12,723,027 +1.2
Issued bonds 27,558,000 26,640,000 -3.3
Volume of sold services 25,352,064 29,481,056 +16.3
Cost of sold services 13,421,674 15,806,979 +17.8
Net income for the period 7,151,411 7,667,788 +7.2
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Relative to the I half-year of 2002 there increase of:
- shareholders' equity - by KZT13.8 bn as the result of increase of total
sum of undistributed income by 20.0 bn, whereas there took place
decrease of additionally unpaid capital by 6.1 bn;
- assets - by KZT13.8 bn, including: money and its equivalents - by 9.8 bn
and residual value of fixed assets - by 5.5 bn, whereas there took place
decrease of other assets by 1.5 bn;
- liabilities - by KZT2.2 m, that was caused by increase of volume of
attracted credits by 221.6 m., revenues of future periods - by 548.6 m.
and accounts payable - by 149.9 m, whereas there took place decrease
of liabilities on issued bonds by 918.0 m;
- volume of sold services - by KZT4.1 bn;
- cost of sold services - by KZT2.4 bn.
Net income, which KazTransOil CJSC received according to results of the I
half-year of 2003, exceeded net income of similar period of 2002 by
KZT516.4 m.
Company's primary activities: services on transportation of
oil, mineral oils and water by pipelines, sea and railway
transport.
[2003-09-05]