Results of activity of Kazpost JSC (Kazakhstan) for 9 months of 2004

/IRBIS, Galina Tsalyuk, December 6, 03/ - Kazpost JSC (Almaty), whose bonds are circulating in Kazakhstan stock exchange's (KASE) official "A" listing category, provided KASE with the financial statements for 9 months of 2003. Following indicators are result of the issuer's financial and economic activity for 9 months of 2003, based upon the issuer's data (in th. KZT): ---------------------------------------------------------------- As of As of Increase/ Indicator Oct 1, 03 Oct 1, 04 decreas, % -------------------------------- --------- ---------- ---------- Authorized capital (paid) 1,812,123 2,212,123 +22.1 Shareholders' equity 2,106,636 2,649,066 +25.7 Total assets 8,425,060 10,819,156 +28.4 Investments into securities 3,066,427 3,803,037 +24.0 Accounts receivable (net) 614,854 720,988 +17.3 Investments floated in banks 318,000 635,000 +99.7 Liabilities, total 4,885,878 8,170,090 +67.2 Clients' accounts and deposits 1,246,101 633,940 -49.1 Attracted loans (including repo) 2,220,613 2,370,821 +6.8 Issued bonds 1,413,000 1,413,000 0.0 Accounts payable 1,377,332 464,959 -66.2 Total revenues 3,626,530 4,830,272 +33.2 General expenses 3,477,750 4,433,346 +27.5 Deductions for reserves 21,915 193,215 +781.7 Net income for the period 94,110 168,424 +79.0 ---------------------------------------------------------------- Relative to 9 months of 2003 there are following growth: - shareholders' equity increased by KZT542.4 m. as the result of increase of paid authorized capital by 400.0 m., total amount of undistributed income - by 74.3 m. and reserves - by 68.1 m.; - assets - by KZT2.4 bn., including: depreciated cost of fixed assets - by 632.0 m., securities portfolio - by 736.6 m., money - by 560.3 m., floated deposits in banks - by 315.5 m. and other assets - by 149.7 m; - liabilities - by KZT1.8 bn., what was caused by growth of other liabilities by 3.1 bn., attracted loans (including repo operations) - by 150.2 m. and other liabilities (incomes of future periods and deferred taxes) - by 156.7 m. with reduce of rests at deposit and other accounts - by 612.2 m. and accounts payable - by 912.4 m.; - total revenues - by KZT1.2 bn.; - expenses - by KZT955.6 m; - deductions for reserves - by KZT171.3 m. Net income, which Kazpost JSC earned in 9 months of 2004, is less than its net income earned in similar period of 2003 by KZT74.3 m. Company's primary activities - mail service and financial services (including agent and broker-dealer services for population) in compliance with licenses, which the company has. [2003-12-06]