Results of activity of ATFBank JSC (Kazakhstan) in 2004

/IRBIS, Galina Tsalyuk, April 26, 05/ - ATFBank JSC (Almaty), whose securities are circulating in the official "A" listing category of Kazakhstan stock exchange Inc. (KASE), provided KASE with consolidated financial statement for year 2004. Following indicators are result of bank's financial and economic activity in 2004, based upon bank's data (th. KZT, unless otherwise specified): --------------------------------------------------------------------- as of as of Change, Indicator Jan 1, 04 Jan 1, 05 % ----------------------------------- ---------- ----------- ------- Authorized capital (paid-up) 6,239,523 14,770,761 +136.7 Shareholders' equity 8,342,233 18,739,323 +124.6 Total assets 95,449,824 174,304,971 +82.6 Liquid assets 31,501,234 53,869,979 +71.0 Loans granted (net) 60,487,547 114,793,556 +89.8 Liabilities, total 87,107,591 155,565,648 +78.6 Accounts and deposits 51,328,378 73,542,893 +43.3 Issued bonds 4,345,969 43,566,833 +902.5 Borrowed loans (excluding bonds) 30,582,058 37,307,586 +22.0 Net interest income before reserves 4,661,971 6,897,214 +47.9 Net non-interest income 2,674,794 3,644,295 +36.2 Operational expenses 3,091,858 4,706,392 +52.2 Deductions to reserves 1,810,873 1,915,671 +5.8 Net income 1,456,013 2,957,423 +103.1 ----------------------------------- ---------- ----------- ------- Calculated by bank's data: ----------------------------------- ---------- ----------- ------- Return on equity (ROE), % 17.45 15.78 -9.6 Return on assets (ROA), % 1.53 1.70 +11.2 Earnings per 1 share (EPS), KZT 265.47 214.4 -19.2 Price earning ratio (Р/Е) 5.65 4.66 -17.5 Book value of one share, KZT 1,337.00 1,268.68 -5.1 --------------------------------------------------------------------- Relative to year 2003 there is increase of: - shareholders' equity - by KZT10.4 bn. as a result of increase of the paid authorized capital by 8.5 bn. and undistributed income - by 1.9 bn.; - assets - by KZT78.8 bn., including: the net-volume of loan portfolio - by 54.3 bn., securities in bank's portfolio (including purchased on repo transactions) - by 11.5 bn., cash and its equivalents (rests on accounts in central banks) - by 8.2 bn. and other assets - by 4.8 bn.; - liabilities - by KZT68.4 bn., of them: issued bonds - by 39.2 bn., rests on deposit and other accounts - by 22.2 bn., borrowed loans (excluding bonds) - by 6.7 bn. and other liabilities - by 297.1 m.; - net interest incomes before deductions to reserves - by KZT2.2 bn.; - net non-interest incomes - by KZT969.5 m.; - operational expenses - by KZT1.6 bn.; - deductions to reserves - by KZT104.8 m. Net income, which bank earned in year 2004 exceeded its net income of year 2003 by KZT1.5 bn. [2005-04-26]