Results of activity of Pavlodar petrochemical plant CJSC (Kazakhstan) in first 6 months of 2004

/IRBIS, Galina Tsalyuk, September 20, 04/ - Pavlodar petrochemical plant CJSC (Pavlodar), whose common shares are circulating in the official "A" listing category of Kazakhstan stock exchange Inc. (KASE), provided KASE with the consolidated financial statement for the first 6 months of 2004. Following indicators are the result of the issuer's financial and economic activity for the period, based upon the issuer's data (th. KZT, unless other wise specified): ------------------------------------------------- As of As of Indicator Jan 1, 04* Jul 1, 04 ---------------------------- ---------- --------- Authorized capital (paid-up) 6,510,000 6,510,000 Shareholders' equity 6,881,207 6,943,328 Total assets 10,487,029 9,603,295 Net working capital 4,156,115 4,515,425 Accounts receivable 1,179,285 3,397,452 Rent pre-payment 1,497,110 772,411 Total liabilities 3,605,822 2,659,967 Accounts payable 3,506,856 2,659,967 Sales volume 25,387,303 9,451,876 Cost of goods sold 23,172,754 7,881,311 Net income for the period 114,633 62,122 Book value of one share, KZT 1,057.02 1,066.56 ------------------------------------------------- * data are given according to audited statements for 2003 No comparison with results of similar period of 2003 is given, as KASE does not dispose corresponding statements. Primary activities of Pavlodar petrochemical plant CJSC - petroleum refinery, production and sale of oil products; designing and building of communication objects, power engineering; designing and realization of scientific-technical projects in the sphere of information technologies, communications, transport and power engineering; production and sale of chemically cleared and desalted water, oxygen; building and repair works. [2004-09-20]