Results of activity of ROSA JSC (Kazakhstan) in the I quarter of 2004

/IRBIS, Galina Tsalyuk, August 3, 04/ - ROSA JSC (Pavlodar), whose shares are circulating in the official "A" listing category Kazakhstan stock exchange Inc. (KASE), provided KASE with the financial statement for the I quarter of 2004. Following indicators are result of company's financial and economic activity in the I quarter of 2004, based upon its data (th. KZT, unless otherwise specified): ------------------------------------------------------------ As of As of Indicator Apr 1, 03 Apr 1, 04 Change,% ---------------------------- --------- --------- -------- Authorized capital (paid-up) 100,000 100,000 0.0 Shareholders' equity 1,797,493 1,869,083 +4.0 Total assets 3,345,402 3,460,094 +3.4 Net working capital 491,981 576,836 +17.2 Accounts receivable 334,646 539,190 +61.1 Total liabilities 1,547,909 1,591,012 +2.8 Borrowed loans 1,435,768 1,387,917 -3.3 Accounts payable 112,141 203,094 +81.1 Sales volume 280,285 667,101 +138.0 Cost of goods sold 229,768 573,965 +149.8 Net income for the period (25,677) 26,519 +203.3 Book value of one share, KZT 1,797.49 1,869.08 +4.0 ------------------------------------------------------------ Relative to similar period of 2003 there is increase of: - shareholders' equity - by KZT 71.6 m. as the result of increase of retained earning - 410.2 m. whereas there took place decrease of additional unpaid capital - by 338.6 m; - assets - by 114.7 m. including: depreciated cost of fixed assets - 205.4 m; accounts receivable - by 204.5 m. and fall of construction in process - by 228.0 m and other assets - 67.3 m; - liabilities - by KZT 43.1 bn., including: accounts payable by 90.9 m. and decrease of attracted loans - by 47.8 m.; - sales volume - by KZT 386.8 m.; - cost of goods sold - by KZT 344.2 m. Net income, which ROSA JSC received in the I quarter of 2004, equaled KZT 26.5 m compared with loss for the similar period of 2003 - KZT 25.7 m. Company's primary activities - production and sale of beer, mineral water, beverages. [2004-08-03]