Results of activity of Intergas Central Asia CJSC (Kazakhstan) for the i half year of 2004

/IRBIS, Galina Tsalyuk, December 1, 04/ - Intergas Central Asia CJSC (Astana), whose bonds are circulating in the official "A" listing category of Kazakhstan stock exchange (KASE), provided KASE with the financial statement for the I half year of 2004. Following indicators are result of the issuer's financial and economic activity in I half year of 2004, based upon the issuer's data (th. KZT, unless otherwise specified): ------------------------------------------------------------------- As of As of Indicator July 1, 03 July 1, 04 Change,% --------------------------------- ---------- ---------- -------- Authorized capital (paid) 2,283,750 2,283,750 0.0 Shareholders' equity 37,541,233 45,795,232 +22.0 Balance cost of assets 70,943,542 88,039,731 +24.1 Net working capital 19,366,060 12,919,588 -33.3 Accounts receivable 26,110,861 34,839,734 +33.4 Total liabilities 33,402,309 42,244,499 +26.5 Attracted loans (excluding bonds) 7,438,917 9,826,886 +32.1 Issued bonds - 4,627,655 - Concessive liabilities 20,516,015 21,371,920 +4.2 Accounts payable 5,447,377 6,418,038 +17.8 Volume of rendered services 26,085,696 26,157,141 +0.3 Cost price of rendered services 8,702,321 11,360,042 +30.5 Net income for the period 11,378,208 8,490,750 -25.4 ------------------------------------------------------------------- Relative to I half year of 2003 there growth of: - shareholders' equity of the company - by KZT8.2 bn. in the result of increase of total amount of undistributed profit for the same amount; - assets - by KZT17.1 bn. including: accounts receivable - by 8.7 bn., depreciated cost of fixed assets - by 4.2 bn., incomplete construction - by 5.8 bn., that partially was covered by reduce of inventory reserves by 1.3 bn. and other assets - by 383.5 m.; - liabilities - by KZT8.8 bn., what was caused by placement of bonds for the amount of 4.6 bn., growth of volume of attracted loans (except bonds) by 2.4 bn., accounts payable - by 970.7 m. and concessive liabilities - by 855.9 m.; - volume of rendered services - by KZT71.4 m.; - cost price of rendered services - by KZT2.6 bn.; Company's primary activities - transportation, pumping, storage, supply, purchase, sale of hydrocarbons and gases in gaseous state, exploitation, service, development, planning, designing, building, getting in ownership of gas pipelines, compressor and gas-distributing stations. [2004-12-01]