Results of activity of S.A.S. JSC (Kazakhstan) in the I quarter of 2005

/IRBIS, Galina Tsalyuk, August 10, 05/ - S.A.S. JSC (Almaty, the company), whose common shares are circulating in Kazakhstan stock exchange's (KASE) official "B" listing category, provided KASE with financial statement for the I quarter of 2005. Following indicators are result of the issuer's financial and economic activity in the I quarter of 2005, based upon the issuer's data (th. KZT, unless otherwise specified): ----------------------------------------------------- As of As of Indicator Jan 1, 05 Apr 1, 05 ------------------------------- --------- --------- Authorized capital (paid) 887,080 887,080 Shareholders' equity 857,493 848 625 Total assets 1,068,450 1,147,240 Net working capital -11,883 -21,003 Accounts receivable 192,918 269,906 Liabilities, total 210,957 298,614 Accounts payable 210,957 298,614 Sales volume 11,640 5,203 Cost of goods sold 374 0 Expenses of the period 44,684 14,071 Income from secondary activity 404 0 Net income (loss) of the period (33,014) (8,868) Book value of one share, KZT 9,666.47 9,566.50 ----------------------------------------------------- Comparative analysis of the company's results of activity for the first quarters of years 2004 and 2005 is not given because the exchange does not have the company's financial statement for corresponding period of year 2004. Company's primary activities - trade-intermediary activity, investment, construction and maintenance due to own and borrowed funds and their sale, advertising and information activity, actually - rent of warehouses. [2005-08-10]