Results of activity of ATOLL JSC (Kazakhstan) in I quarter 2004

/IRBIS, Galina Tsalyuk, August 11, 04/ - ATOLL JSC (Almaty), whose common shares are in the official "B" listing category of Kazakhstan stock exchange Inc. (KASE), provided KASE with non-audited financial statement for I quarter 2004. Following indicators are result of the issuer's financial and economic activity in I quarter 2004 according to the issuer's data (th. KZT unless otherwise specified): -------------------------------------------------- As of As of Indicator Jan 1, 04 Apr 1, 04 ---------------------------- --------- --------- Authorized capital (paid) 43,600 43,600 Shareholders' equity 46,478 49,450 Total assets 51,134 82,848 Net working capital 24,164 -407 Accounts Receivable 28,819 32,747 Total liabilities 4,656 33,398 Accounts payable 4,656 33,365 Sales volume 5,141 21,967 Cost of goods sold 191 18,724 Expenses of the period 2,071 144 Net income 2,878 2,972 Book value of one share, KZT 46.48 49.45 -------------------------------------------------- Comparative analysis of results of activity of ATOLL JSC with similar period of 2003 is not given because no business activity has been present till October 2003. Company's primary activities - rent, sub-rent and leasing operations. [2004-08-11]