Results of activity of CLAscAS OJSC (Kazakhstan) for 9 months of 2004

/IRBIS, Galina Tsalyuk, October 21, 04/ - CLAscAS OJSC (Almaty), whose shares are circulating in the stock exchange's official "B" listing category, provided KASE with financial statements for 9 months of 2004. Following indexes are result of the issuer's financial and economic activity for 9 months, based on the issuer's data (in th. KZT, unless otherwise specified): ----------------------------------------------------------------------------- as of as of Increase / Index Jul 1, 03 Jul 1, 04 decrease, % --------------------------------------------- --------- --------- ----------- Authorized capital (paid excluding withdrawn) 149,463 149,463 0.0 Shareholders' equity 149,520 149,658 +0.1 Total assets 152,258 151,823 -0.3 Net working capital 149,020 149,158 +0.1 Accounts receivable 5,821 5,401 -7.2 Liabilities, total 2,738 2,165 -20.9 Accounts payable 2,483 1,634 -34.2 Sales volume 0 0 0 Cost of goods sold 0 0 0 General Expenses 2,037 433 -78.7 Other revenues 2,080 603 -71.0 Net income (loss) for the period 43 131 +201.4 Book value per one share, KZT 1,000.38 1,001.31 +0.1 ----------------------------------------------------------------------------- Shareholder's equity in comparison with 9 months of 2003 increased by KZT 138.2 th. as result of growth of undistributed profit for the same amount. Relative to 9 months of 2003 following accounts have decreased: - company's shareholders equity - by KZT 435.1 th., including: accounts receivable - by 420.3 th and expenses of future periods - by 15.0 th.; - liabilities - by KZT 573.5 th, caused by reduction of accounts payable - by 848.9 th, and expenses charged - by 275.4 th; - general and administrative expenses - by 1.6 th.; - other incomes - by 1.5 m. Net income earned by CLAscAS OJSC for 9 months of 2004 rose in comparison with the net income of similar period of 2003 by KZT 87.4 th. Company's primary activities - commercial activity, export-import operations on purchase and sale of production and consumer goods, foodstuffs, creation and development of products output. [2004-10-21]