Results of activity of CHARALTYN JSC (Kazakhstan) for 9 months of 2003

/IRBIS, December 24, 03/ - CHARALTYN JSC (Semipalatinsk), whose common shares are circulating in the official "B" listing category of Kazakhstan stock exchange CJSC (KASE), provided KASE with financial statement for the 9 months of 2003 prepared in compliance with international accounting standards (IAS). Following indexes are result of the issuer's financial and economic activity for 9 months of 2003, based on the issuer's data (th. KZT, unless otherwise specified): ------------------------------------------------ as of as of Index Jan 1, 03 Oct 1, 03 ---------------------------- --------- --------- Authorized capital 916,860 1,480,759 Shareholders' equity 1,165,200 1,695,940 Book value of assets 3,150,679 4,633,755 Working capital -19,385 -573,071 Accounts receivable 75,803 499,415 Liabilities, total 1,985,479 2,937,513 Attracted credits 1,903,843 2,302,841 Accounts payable 80,601 633,637 Sales volume 0 732,536 Cost of goods sold 0 417,137 Net income for the period 102,277 112,100 Book value of one share, KZT 1.27 1.15 ------------------------------------------------ * - shown in accordance with audited financial statement prepared in compliance with IAS. Comparative analysis of results of activity of CHARALTYN JSC for 9 months of 2002 and 2003 is not given because the stock exchange has not been provided with financial statement of the company prepared in compliance with IAS for similar period of 2002. Company's primary activities - exploration works, extraction and testing of precious metals, including gold; purchasing, collection, processing and sale of geological and other information not prohibited by the legislation of the Republic of Kazakhstan, and other. [2003-12-24]