Results of activity of Astana-Finance JSC (Kazakhstan) in 9 months of 2004

/IRBIS, Galina Tsalyuk, December 1, 04/ - Astana-Finance JSC (Astana), whose bonds are circulating in the official "A" listing category of Kazakhstan stock exchange (KASE), provided KASE with the financial statement for 9 months of 2004. Following indicators are result of the issuer's financial and economic activity in 9 months of 2004, based upon the issuer's data (th. KZT, unless otherwise specified): ------------------------------------------------------------------- As of As of Indicator Oct. 1, 03 Oct. 1, 04 Change,% --------------------------------- ---------- ---------- -------- Authorized capital (paid) 2,073,949 2,200,000 +6.1 Shareholders' equity 2,992,080 3,464,491 +15.8 Total assets 16,203,507 23,989,634 +48.1 Accounts receivable (net) 1,958,980 6,192,912 +216.1 Loans (including leasing), net 11,120,176 14,913,027 +34.1 Total liabilities 13,211,427 20,525,143 +55.4 Attracted loans (excluding bonds) 8,235,098 11,533,374 +40.1 Issued bonds 4,404,004 7,454,503 +69.3 Accounts payable 459,795 154,424 -66.4 Total income 1,463,612 2,180,625 +49.0 Total expenses 1,084,824 1,512,460 +39.4 Deductions for reserves 163,146 344,529 +111.2 Net income for the period 195,642 231,259 +18.2 Balance cost of 1 share, tenge 1,442.70 1,574.77 +9.2 ------------------------------------------------------------------- Relative to 9 months of 2003 there growth of: - shareholders' equity of the company - by KZT472.4 m. in the result of increase of paid authorized capital by 126.0 m. And reserve capital - by 359.6 m. With decrease of total amount of undistributed profit by 13.3 m. - assets - by KZT77.8 bn. including: net-volume of loan portfolio (including leasing) - by 3.8 bn. and accounts receivable - by 4.2 bn. what was partially covered by decrease of other assets by 240.6 m.; - liabilities - by KZT7.3 bn., among them: attracted loans (excluding bonds) - by 3.3 bn., floated bonds - by 3.0 bn. and other liabilities - by 964.9 m.; - incomes - by KZT717.0 m.; - expenses - by KZT427.6 bn.; - deductions for reserves - by KZT181.4 n. Net profit obtained by Astana-Finance JSC for 9 months of 2004 exceeded its net income of similar period of 2003 by KZT35.6 m. Astana-Finance JSC is a non-baking financial establishment, the main types of activity are independent types of banking services, investment activity, investment of economical and social projects for development of Astana city and also other types of activity in accordance with the charter of and licenses. [2004-12-01]