Results of activity of Rakhat OJSC (Kazakhstan) in 9 months of 2004

/IRBIS, Galina Tsalyuk, November 05, 04/ - Rakhat OJSC (Almaty), whose securities are circulating in the official "B" listing category of Kazakhstan stock exchange Inc. (KASE), provided KASE with consolidated financial statement for 9 months of 2004. Following indicators are result of the bank's financial and economic activity in 9 months of 2004, based upon the bank's data (th. KZT, unless otherwise specified): ---------------------------------------------------- as of as of Index Oct 01, 03 Oct 01, 04 ---------------------------- ---------- ---------- Authorized capital (paid-up) 900,000 899,334 Shareholders' equity 2,200,801 2,817,065 Total assets 3,644,668 4,572,619 Net turnover capital 1,188,472 1,205,763 Accounts receivable 1,022,814 721,030 Liabilities, total 1,443,838 1,755,554 Borrowed loans 923,846 1,218,459 Accounts payable 519,992 537,095 Volume of sales 4,923,510 5,785,055 Cost price of sales 4,270,077 4,501,955 Net income for the period 205,384 380,802 Book value of 1share, KZT 611.33 783.10 ---------------------------------------------------- * - non-consolidated statements data Comparable analyses of results of Rakhat OJSC activity during 9 months of 2004 and 2003 are not given because exchange does not have in disposal consolidated financial statements of the company for the similar period of 2003. Main types of company's activity - production, sale of confectionery and other food staffs. [2004-11-05]