Results of activity of Astana-finance OJSC (Kazakhstan) for 9 months of 2003

/IRBIS, November 17, 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 9 months 2003. The following indicators are results of the company's financial and economic activity for the 9 months of 2003, based upon the company's information (in th. KZT, unless otherwise specified): ----------------------------------------------------------- As of As of Indicator Oct 01, 02 Oct 01, 03 Change,% ---------------------------- ---------- ---------- -------- Authorized capital (paid) 2,015,027 2,073,949 +2.9 Shareholders' equity 2,729,589 2,992,080 +9.6 Total assets 11,370,654 16,203,507 +42.5 Accounts receivable (net) 1,193,910 2,854,975 +139.1 Loan portfolio 8,027,184 10,856,845 +35.3 Total liabilities 8,641,065 13,211,427 +52.9 Attracted credits 6,349,354 8,235,098 +29.7 Issued bonds 1,749,936 4,404,004 +151.7 Accounts payable 490,323 536,801 +9.5 Total revenues 869,870 1,793,207 +106.1 General expenses 645,013 1,597,565 +147.7 Net income for the period 224,857 195,642 -13.0 Book value of one share, KZT 1,354.62 1,442.70 +6.5 ----------------------------------------------------------- Relative to 9 months of 2002 there is increase of: - shareholders' equity of the company - by KZT262.5 m. as the result of increase of the paid part of authorized capital (partial additional floatation of shares of the 4th issue) - by KZT58.9 m., and total sum of undistributed income - by 203.6 m.; - assets - by KZT4.8 bn., including: given credits - by 2.8 bn., accounts receivable - by KZT1.7 bn., and other assets by KZT342.1 m.; - liabilities - by KZT4.6 bn., that was caused by increase of attracted credits KZT1.9 bn., floated bonds - by 2.6 bn., and other liabilities by 30.6 mn.; - revenues - by KZT923.3 m.; - expenses - by KZT952.6 m. Net income earned by Astana-finance OJSC in 9 months of 2003, decreased by KZT29.2 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. [2003-11-17]