Results of activity of Bayan-Sulu OJSC (Kazakhstan) in 9 months of 2004
22.11.04 11:08
/IRBIS, Galina Tsalyuk, November 22, 04/ - Bayan-Sulu OJSC (Kostanai),
whose common shares are circulating in the official "B" listing category of
Kazakhstan stock exchange Inc. (KASE), provided KASE with financial
statement for 9 months of 2004.
Following indicators are result of the company's financial and economic
activity in 9 months of 2004, based upon the issuer's data (th. KZT, unless
otherwise specified):
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As of As of
Indicator Oct 1, 03 Oct 1, 04 Change,%
---------------------------- --------- --------- --------
Authorized capital (paid) 548,936 548,936 0.0
Shareholders' equity 710,636 861,346 +21.2
Total assets 1,134,042 1,298,331 +14.5
Net working capital 393,263 579,991 +47.5
Accounts receivable 490,114 605,747 +23.6
Total liabilities 423,406 436,985 +3.2
Borrowed loans 221,021 49,500 -77.6
Accounts payable 202,385 387,485 +91.5
Sales volume 1,529,644 1,663,164 +8.7
Cost of goods sold 1,266,188 1,316,677 +4.0
Net income for the period 100,041 122,140 +22.1
Book value of one share, KZT 194.19 235.37 +21.2
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Relative to 9 months of 2003 there is growth of:
- shareholders' equity - by KZT150.7 m. as the result of increase of total
sum of undistributed income by 153.8 m., while additional unpaid capital
fell by 3.1 m.;
- assets - by KZT164.3 m. that was caused by growth of accounts
receivable by 115.6 m. and inventory - by 88.9 m., whereas residual
value of fixed assets fell by 39.1 m. and other assets - by 1.2 m.;
- liabilities - by KZT13.6 m. because of growth of accounts payable by
185.1 m. that was partially covered by falling of borrowed loans volume by
171.5 m.;
- sales volume - by KZT133.5 m.;
- cost of goods sold - by KZT50.5 m.
Net income, which Bayan-Sulu OJSC earned in 9 months of 2004, exceeded
its net income of similar period of 2003 by KZT22.1 m.
Company's primary activities - production and sale of confectionery.
[2004-11-22]