/IRBIS, Galina Tsalyuk, April 21, 05/ - Bayan-Sulu OJSC (Kostanai), whose common shares are listed under official "B" category of Kazakhstan Stock Exchange Inc. (KASE), provided KASE with financial statements for 2004.

The following indicators are results of the company's financial and economic activity for 2004, based upon its information (in th. KZT, unless otherwise specified):

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                                                  As of     As of
Indicator                                     Jan 1, 04 Jan 1, 05 Change,%
--------------------------------------------- --------- --------- --------
Authorized capital (paid excluding withdrawn)   548,936   548,936      0.0
Shareholders' equity                            740,134   939,846    +27.0
Total assets                                  1,134,457 1,245,926     +9.8
Net working capital                             449,031   656,787    +46.3
Accounts receivable                             500,978   440,155    -12.1
Total liabilities                               394,323   306,080    -22.4
Attracted loans                                 232,215    33,553    -85.6
Accounts payable                                162,108   272,527    +68.1
Sales                                         2,244,984 2,550,777    +13.6
Cost of goods sold                            1,855,916 1,984,626     +6.9
Net income for the period                       130,548   200,641    +53.7
--------------------------------------------- --------- --------- --------
Base on issuer's data:
--------------------------------------------- --------- --------- --------
Return on Sales, %                                17.33     22.20    +28.1
Return on Equity, %                               17.64     21.35    +21.0
Return on Assets, %                               11.51     16.10    +39.9
Book value of one share, KZT                     202.25    256.82    +27.0
Earnings per Share, KZT                           35.67     54.83    +53.7
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Relative to 2003 following accounts increased:

• shareholders' equity - by KZT199.7 m as the result of increase in total undistributed income by 202.0 m and decrease in additional unpaid capital by 2.3 m.;
• total assets - by KZT111.5 m, including: inventory - by 152.9 m., other assets - 19.5 m, which was partially offset by a decrease in accounts receivable - by 60.8 m.;
• sales - by KZT111.5 m.;
• cost of goods sold - by KZT128.7 m.;

Liabilities of the Company fell by KZT88.2 m relative to 2003 caused by loans repayment for a total amount of 198.7 m and increase short-term accounts payable by 110.4 m.;

Net income earned by the Company in 2004 increased by KZT70.1 m. relative to net income of 2003.

Company's primary activities: production and marketing of confectionery.

[2005-04-21]