Financial results of CHARALTYN JSC (Kazakhstan) for I quarter 2004

/IRBIS, Galina Tsalyuk, August 3, 04/ - CHARALTYN JSC (Semey), whose common shares are circulating in the official "A" listing category of Kazakhstan stock exchange CJSC (KASE), provided KASE with financial statements for I quarter 2004 prepared in compliance with International Financial Reporting Standards (IFRS). Following indexes are result of the issuer's financial and economic activity for the first quarter 2004, based on the issuer's data (th. KZT, unless otherwise specified): ------------------------------------------------------------ as of as of Change, Index Apr 1, 03 Apr 1, 04 % ---------------------------- --------- --------- -------- Authorized capital 2,974,298 2,974,298 +224.4 Shareholders' equity 3,010,348 3,074,819 +228.0 Total assets 5,120,493 5,091,973 +62.5 Net working capital -175,630 -109,191 Accounts receivable 670,947 635,770 -11.3 Liabilities, total 2,110,145 2,017,154 -5.5 Attracted loans 995,765 1,031,729 -53.7 Accounts payable 1,073,502 943,015 +1.231.9 Sales volume 1,897,155 334,148 - Cost of goods sold 1,441,746 178,518 - Net income for the period 36,729 62,821 +436.9 Book value of one share, KZT 1.01 1.03 +1.1 ------------------------------------------------------------ No comparison of activity relative to similar period of previous year is given as KASE due to absence of data. 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. [2004-08-03]