Results of activity of Accept-Terminal JSC (Kazakhstan) in 9 months of 2004

/IRBIS, Galina Tsalyuk, December 22, 04/ - Accept-Terminal JSC (Almaty), whose shares are included in the official "B" listing category of Kazakhstan stock exchange Inc. (KASE), provided KASE with the financial statement for 9 months of 2004. Following is the 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) 71,000 71,000 0.0 Shareholders' equity 917,079 643,095 -29.9 Total assets 1,540,578 1,018,908 -33.9 Net working capital 213,028 429,065 +101.4 Accounts receivable 721,088 517,654 -28.2 Total liabilities 623,499 375,813 -39.7 Borrowed loans 0 230,323 - Accounts payable 607,905 145,490 -76.1 Volume of rendered services 588,112 550,788 -6.3 Cost of rendered services 266,755 268,625 +0.7 Net income (loss) for the period 145,919 100,032 -31.4 Book value of one share, KZT 8,261.97 5,793.65 -29.9 ---------------------------------------------------------------- Relative to 9 months of 2003 there is decrease of: - Shareholder's equity of the company - by KZT274.0 m. as a result of decrease of total amount of undistributed profit by 273.4 m. and additional unpaid capital - by 582.0 th. - assets - by KZT521.7 m., that was caused by decrease of depreciated cost of fixed assets by 431.8 m., accounts receivable - by 203.4 m. and other assets - by 104.8 m. with increase of long term financial investments by 218.4 m.;; - liabilities - by KZT247.7 m. in connection with decrease of accounts payable by 462.4 m. and other liabilities - by 15.6 m., what was partially compensated by borrowing of loans for the amount of 230.3 m.; - volume of rendered services - by KZT37.3 m.; Cost of rendered services in 9 months of 2004 increased by KZT1.9 m. comparing with the similar period of 2003. Net income, earned by Accept-Terminal JSC in 9 months of 2004 decreased in comparison with its net profit of the similar period of 2003 by KZT45.9 m. Company's primary activities - conducting of activity as the customs broker, customs transporter; foundation of temporary storage warehouse and free warehouse; commercial activity and export-import operations on purchasing and selling production and consumer goods and other. [2004-12-22]