Results of activity of RG Brands JSC (Kazakhstan) in 2004

/IRBIS, Galina Tsalyuk, March 23, 05/ - RG Brands JSC (Almaty), whose bonds are circulating in the official "A" listing category of Kazakhstan stock exchange Inc. (KASE), provided KASE with the consolidated financial statement for 2004. Following is the result of the issuer's financial and economic activity in 2004 based on the issuer's data (th. KZT, unless otherwise specified): ---------------------------------------------------------------- As of As of Change, Indicator Jan 1, 03 Jan 1, 04 % -------------------------------- --------- ---------- ------- Authorized capital (paid) 1,478,023 1,800,000 +21.8 Shareholders' equity 1,903,924 3,076,337 +61.6 Total assets 6,880,120 10,340,107 +50.3 Net working capital 3,547,058 4,273,708 +20.5 Accounts receivable 3,867,740 4,958,832 +28.2 Total liabilities 4,976,196 7,263,687 +46.0 Accounts payable 1,450,610 3,411,219 +135.2 Issued bonds 2,350,000 2,247,786 -4.3 Borrowed loans (excl bonds) 1,154,074 1,585,051 +37.3 Sales volume 3,945,145 10,713,306 +171.6 Cost of goods sold 3,133,327 7,569,591 +141.6 Period expenses 691,432 2,465,834 +256.6 Net income for the period 208,411 971,718 +366.3 -------------------------------- --------- ---------- ------- Calculated by the issuer's data: -------------------------------- --------- ---------- ------- Return on sales (ROS), % 20.58 29.34 +42.6 Return on equity (ROE), % 10.95 31.59 +188.6 Return on assets (ROA), % 3.03 9.40 +210.2 ---------------------------------------------------------------- Relative to 2003 there is increase of: - shareholders' equity - by KZT1.2 bn. as the result of increase of authorized capital by 332.0 m and total sum of undistributed income by KZT971.7 m. while additional unpaid capital was reduced by 121.3 m.; - assets - by KZT3.4 bn., including: inventory - by 1.6 bn, accounts receivable - by 1.1 bn., long-term investments - by 950.5 m. and other assets - by 340.7 m that was partially offset by decrease in long-term investments by 570.7 m.; - liabilities - by KZT2.3 bn. that was caused by growth of accounts payable by 2.0 bn., and volume of attracted credits (excl bonds) - by 431.0 m., whereas there took place decrease of other liabilities by 104.1 m.; - sales volume - by KZT6.8 bn.; - cost of goods sold - by KZT4.4 bn. - Period expenses - by KZT1.8 bn (including cost of sales by KZT1.3 bn or 16.9 times). Net income of RG Brands JSC received in 2004, exceeded net income of the year 2003 by KZT763.3 m. Company's primary activities - production and sale of natural juices and drinks, rendering of marketing services. [2005-03-23]