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

/IRBIS, Galina Tsalyuk, August 5, 05/ - Alliance Leasing JSC (Almaty, hereinafter - company), whose common shares are included in the official "B" listing category of Kazakhstan stock exchange (KASE), provided KASE with consolidated financial statement for the I quarter 2005. Following indicators are consolidated results 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 Jan 1, 05 Apr 1, 05 ----------------------------------- ---------- ---------- Authorized capital (paid) 190,000 190,000 Shareholders' equity 300,725 348,561 Total assets 1,872,264 2,139,566 Net working capital -52,269 662 Accounts receivable 1,364,261 1,595,490 Total liabilities 1,556,644 1,771,058 Borrowed loans 960,529 889,290 Accounts payable 595,741 881,395 Minority interest 14,896 19,947 Volume of rendered services 831,075 131,317 Prime cost of rendered services 620,431 41,610 Expenses of the period 236,737 36,937 Incomes from non-operating activity 54,910 1,972 Net income for the period 32,504 51,295 Balance cost of 1 shares, KZT 240,579.76 278,848.88 --------------------------------------------------------- Comparable analyses of the company's results of activity for the I quarter 2004 and 2005 is not given because, stock exchange does not have financial statement of the company for the corresponding period of last year. Company's primary activities - leasing of different forms, including financial leasing; factoring; air transportation of passengers and loads, including regular and charter flights by internal and international airlines. [2005-08-05]