Results of activity of KazTransCom JSC (Kazakhstan) in the I quarter 2005

/IRBIS, Galina Tsalyuk, July 20, 05/ - KazTransCom JSC (Almaty, hereinafter - company), whose securities are circulating in Kazakhstan stock exchange (KASE) official "A" listing category, provided KASE with the financial statement for the I quarter 2005. Following indicators are result of the company's financial and economic activity in the I quarter 2005, based upon the company's data (th. KZT, unless otherwise specified): ------------------------------------------------------------ As of As of Indicator Apr 1, 04 Apr 1, 05 Change,% ---------------------------- --------- --------- -------- Authorized capital (paid) 42,100 50,011 +18.8 Shareholders' equity 1,654,879 1,924,379 +16.3 Balance cost of assets 3,552,762 5,999,132 +68.9 Net working capital 661,764 1,627,960 +146.0 Accounts receivable 1,066,148 1,422,282 +33.4 Total liabilities 1,897,883 4,074,753 +114.7 Issued bonds 1,402,892 2,831,761 +101.9 Accounts payable 415,452 1,051,191 +153.0 Volume of rendered services 579,442 1,025,875 +77.0 Cost of rendered services 421,482 659,245 +56.4 Net income for the period 6,221 127,804 +1,954.4 Book value of one share, KZT 786.17 769.58 -2.1 ------------------------------------------------------------ Relative to the I quarter of 2004 there is growth in: - company's shareholders equity - by KZT269.5 m. as the result of increase of resulting sum of undistributed income by 365.0 m. and paid authorized capital - by 7.9 m. with decrease of additional unpaid capital by 103.4 m.; - assets - by KZT2.4 bn., including: residual value of fixed assets (including construction in process) - by 1.1 bn., investments - by 574.0 m., inventory stocks - by 376.0 m. and accounts receivable - by 356.1 m.; - liabilities - by KZT2.2 bn., out of them: volume of floated bonds by 1.4 bn., accounts payable - by 635.7 m. and deferred taxes - by 112.3 m.; - volume of rendered services - by KZT446.4 m.; - cost of rendered services - by KZT237.8 m. Net income, earned by the company in the I quarter 2005, exceeded its net income of similar period of 2004 by KZT121.6 m. Company's primary activities - to provide enterprises and organizations of oil-and-gas and other sectors of the national economy and population with all types of connection. [2005-07-20]