Results of activity of ROSA JSC (Kazakhstan) in 9 months of 2004

/IRBIS, Galina Tsalyuk, November 22, 04/ - ROSA JSC (Pavlodar), whose securities are circulating in the official "A" listing category Kazakhstan stock exchange JSC (KASE), provided KASE with consolidated financial statement for 9 months of 2004. Following indicators are result of company's financial and economic activity in 9 months of 2004, based upon its data (th. KZT, unless otherwise specified): ------------------------------------------------------------------ As of As of Indicator Oct. 1, 03 Oct. 1, 04 Change,% -------------------------------- ---------- ---------- -------- Authorized capital (paid-up) 100,000 500,000 +400.0 Shareholders' equity 1,866,184 2,452,802 +31.4 Total assets 3,676,993 4,152,452 +12.9 Net working capital 449,195 1,501,189 +234.2 Accounts receivable 429,803 1,260,372 +193.2 Total liabilities 1,810,809 1,699,650 -6.1 Borrowed loans (excluding bonds) 1,475,586 635,106 -57.0 Accounts payable 335,223 78,644 -76.5 Issued bonds - 985,900 - Sales volume 1,101,116 3,059,616 +177.9 Cost of goods sold 768,687 2,526,102 +228.6 Net income for the period 21,385 209,632 +880.3 Book value of one share, KZT 1,866.18 490.56 -73.7 ------------------------------------------------------------------ Relative to 9 months of 2003 there is increase of: - shareholders' equity - by KZT586.6 m. as the result of increase of paid authorized capital by400.0 m. and total amount of undistributed profit by 546.8 m. with decrease of additional unpaid capital by 360.1 m; - assets - by KZT475.4 m., what was caused by growth of accounts receivable by 830.6 m. with decrease of cost of incomplete capital construction by 331.3 m. and other assets - 23.8 m; - sales volume - by KZT1.9 bn.; - cost of goods sold - by KZT1.7 bn. Liabilities of the company decreased by KZT111.1 m. in comparison with 9 months of 2003 in connection with reduce of volumes of attracted loans (excluding bonds) by 840.5 m. and accounts payable - by 256.6 m., what was partially covered by floatation of bonds for the amount of 985.9 m. Net income, which ROSA JSC received in the 9 months of 2004, exceeded income of corresponding period of 2003 by KZT188.2 m. Company's primary activities - production and sale of beer, mineral water, beverages. [2004-11-22]