Auditor's report on consolidated financial statements of Akzhal Gold Resources for 2021 released

03.06.22 17:47
/KASE, June 3, 2022/ – Akzhal Gold Resources JSC (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the company's consolidated financial statement for 2021. According to the audited data as of December 31, 2021 (in th. tenge, unless otherwise specified): --------------------------------------------------------------- as at as at Indicator Dec. 31, 2021 Dec. 31, 2020 ----------------------------------- ------------- ------------- Equity 13,400,186 126,355 Total assets 26,690,228 132,287 Total liabilities 13,290,042 5,932 Revenue 10,759,507 – Gross margin 6,660,703 – Net income (net loss) 1,714,455 -12,645 Book value of ordinary share, tenge 13,738 909 ROA, % 6.42 -9.56 ROE, % 12.79 -10.01 ROS, % 15.93 – --------------------------------------------------------------- The company's financial statements for 2021 were audited by BDO Kazakhstan LLP. According to the auditor's conclusion with a qualified opinion, the consolidated financial statements present fairly, in all material respects, the financial position of Akzhal Gold Resources JSC and its subsidiaries as of December 31, 2021, and their consolidated financial results and cash flows for the year ended as of the specified date in accordance with IFRS. The report is available on KASE website (in Russian) at – https://kase.kz/files/emitters/AKGR/akgrf6_2021_cons_rus.pdf [2022-06-03]