Results of activity of Tsesnabank JSC (Kazakhstan) in I quarter 2004
02.07.04 20:58
/IRBIS, Galina Tsalyuk, July 2, 04/ - Tsesnabank JSC (Almaty), whose
bonds are circulating in the official "A" listing category of Kazakhstan stock
exchange Inc. (KASE), provided KASE with financial statement for I quarter
2004.
Following indicators are result of its financial and economic activity in I
quarter 2004, based upon the bank's data (th. KZT, unless otherwise
specified):
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As of As of Change,
Indicator Apr 1, 03 Apr 1, 04 %
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Authorized capital (paid) 531,067 531,567 0.1
Shareholders' equity (according to balance) 1,138,428 1,415,119 +24.3
Total assets 9,802,406 13,119,472 +33.8
Liquid assets 3,593,624 3,515,463 -2.2
Loans granted (net) 5,635,955 8,638,863 +53.3
Liabilities, total 8,663,978 11,704,353 +35.1
Accounts and deposits 7,482,909 10,786,432 +44.1
Attracted loans 981,688 552,430 -43.7
Net interest income (loss) 179,599 226,726 +26.2
Net non-interest income (loss) 65,799 374,362 +468.9
General expenditures 149,306 211,136 +41.4
Allocation to reserves 45,319 32,030 -29.3
Net income 40,892 80,761 +97.5
Book value of a share, KZT 2,143.66 2,650.20 +23.6
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No price earning ration was estimated as from December 04, 2003 no deals
over common shares has been concluded.
Relative to I quarter 2003 there is growth of:
- shareholders equity (according to balance sheet) - by KZT 276.7 m. as
the result of growth of final sum of undistributed income - by 289.3 m.
paid-up part of authorized capital - 500.0 thousand, and lowering of
reserves - by 13.1 m.;
- assets - by KZT 3.3 bn., including: net-volume of loan portfolio - by 3.0
bn., sums on correspondent accounts and deposits in other banks - by
807.3 m. and other assets - by 424.6 m.; and fall in securities in bank's
portfolio - by 917.7 m,
- liabilities - by KZT 3.0 bn. including deposits in the bank - 3.3 bn., other
liabilities - by 166.1 m.; while attracted loans fell by 429.2 m
- total interest income - 47.1 m;
- total non-interest income - 308.6 m;
- total administrative expenses - 61.8 m.
Net income, Tsesnabank JSC received in I quarter 2004, exceeded the net
income for comparable period of 2003 by KZT 39.9 m.
[2004-07-02]