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22.06.2022 10:29 #Securities

Auditor's report on financial statements of Insurance company London-Almaty for 2021 released

/KASE, June 22, 2022/ – Insurance company London-Almaty JSC (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the company's financial statements for 2021.

According to the audited data as of December 31, 2021 (in th. KZT, unless otherwise specified):

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                                            as at         as at 
Indicator                            Dec. 31, 2021 Dec. 31, 2020
------------------------------------ ------------- -------------
Equity                                   6,912,605     6,801,632
Total assets                            13,098,912    13,744,083
Total liabilities                        6,186,307     6,942,451
Net income (net loss)                      236,282       333,894
Book value of an ordinary share, KZT         4,562         4,477
ROA, %                                        1.80          2.43
ROE, %                                        3.42          4.91
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The company's financial statements for 2021 were audited by Grant Thornton LLP. According to the auditor's report, the financial statements present fairly, in all material respects, the financial position of Insurance company London-Almaty JSC as of December 31, 2021, and its 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 – see more

[2022-06-22]