Results of activity of Food Contract Corpoartion JSC (Kazakhstan) for the 9 months of 2004

/IRBIS, Galina Tsalyuk, December 1, 04/ - Food Contract Corpoartion 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 --------------------------------- ---------- ---------- Authorized capital (paid) 45,762 491,583 Shareholders' equity 10,311,320 10,067,292 Total assets 44,233,684 51,641,231 Net working capital 9,372,140 9,039,776 Accounts receivable 12,408,456 17,308,003 Total liabilities 34,069,927 41,777,686 Attracted loans (excluding bonds) 31,009,117 29,390,18 Issued bonds - 3,000,000 Accounts payable 1,284,420 7,903,347 Volume of sales 33,217,396 16,927,418 Price cost of sales 29,308,512 16,159,618 Net income for the period 776,247 (488,739) --------------------------------------------------------- Comparable analyses of results f activity for 9 months of 2003 is not given in connection that KASE does not have in disposal financial statement of Food contract corporation JSC for the similar period of 2003. Main types of company's activity - purchase, formation, accounting, storage organization, renovation, replacement, sale of state resources of grain and products of its processing, and also other functions, determined by the Government of the Republic of Kazakhstan. [2004-12-01]