Results of activity of Bayan-Sulu JSC (Kazakhstan) in the I quarter 2005

/IRBIS, Galina Tsalyuk, August 25, 05/ - Bayan-Sulu JSC (Kostanai, hereinafter - 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 2005. Following indicators are result of the company's financial and economic activity in the I quarter 2005, based upon the company's data (in th. KZT, unless otherwise specified): -------------------------------------------------------- As of As of Indicator Apr 1, 04 Apr 1, 05 Change, % -------------------------- --------- --------- Authorized capital (paid) 548,936 548,936 0.0 Shareholders' equity 767,810 981,194 +27.8 Total assets 942,480 1,536,533 +63.0 Net working capital 501,121 643,370 +28.4 Accounts receivable 325,677 698,714 +114.5 Liabilities, total 174,670 555,339 +217.9 Borrowed loans 106,500 144,524 +35.7 Accounts payable 68,170 410,815 +502.6 Sales volume 511,078 795,512 +55.7 Prime coast of sales 421,861 614,756 +45.7 Net income for the period 28,605 41,347 +44.5 Book value of 1 share, KZT 209.81 268.12 +27.8 -------------------------------------------------------- Relative to the I quarter 2004 there is growth of: - shareholders' equity of the company - by KZT213.4 m. as the result of increase of resulting sum of undistributed profit by 213.5 m. with decrease of additional unpaid capital by 151.0 th.; - assets - by KZT594.0 m., including: accounts receivable - by 373.0 m., inventory stocks - by 156.0 m. and other assets - by 65.0 m.; - liabilities - by KZT380.7 m., out of them: accounts payable - by 342.6 m. and volume of borrowed loans - by 38.0 m.; - sales volume - by KZT284.4 m.; - prime cost of sales - by KZT192.9 m; Net income the company earned in the I quarter 2005 exceeded its net income of the similar period of 2004 by KZT12.7 m. Company's primary activities: production and marketing of confectionery. [2005-08-25]