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

/IRBIS, Galina Tsalyuk, September 9, 05/ - RG Brands JSC (Almaty, hereinafter - company), whose bonds are circulating in the official "A" listing category of Kazakhstan stock exchange (KASE), provided KASE with consolidated 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, if the other is not specified): ------------------------------------------------------------------ As of As of Change, Indicator Apr 1, 04 Apr 1, 05 % ---------------------------------- --------- ---------- ------- Authorized capital (paid) 1,800,000 1,800,000 0.0 Shareholders' equity 2,434,472 3,228,073 +32.6 Total assets 9,299,392 11,865,638 +27.6 Net working capital 3,722,905 5,166,312 +38.8 Accounts receivable 4,721,352 5,635,628 +19.4 Total liabilities 6,864,837 8,637,526 +25.8 Accounts payable 3,370,365 3,879,183 +15.1 Issued bonds 2,350,000 2,350,000 0.0 Borrowed loans (including leasing) 1,140,206 2,408,343 +111.2 Sales volume 2,072,753 2,791,776 +34.7 Cost of goods sold 1,480,675 1,969,990 +33.0 Expenses of the period 548,192 709,289 +29.4 Net income for the period 245,530 131,558 -46.4 ------------------------------------------------------------------ Relative to the I quarter 2004 there is growth of: shareholders' equity of the company - by KZT793.6 m. as a result of increase of resulting sum of undistributed income by 914.9 m., what was partially covered by decrease of additional unpaid capital by 121.3 m.; - assets - by KZT2.6 bn., what is caused by growth of residual value of fixed assets by 1.3 bn., accounts receivable - by 914.3 m., inventory stocks - by 702.3 m. and other assets - by 307.2 m. with decrease of long term investments by 645.0 m.; - liabilities - by KZT1.8 bn., including: volume of borrowed loans (including leasing) - by 1.3 bn. and accounts payable - by 508.8 m.; - sales volume - by KZT719.0 m.; - cost of goods sold - by KZT489.3 m.; - expenses of the period - by KZT161.1 m. Net income earned by the company in the I quarter 2005 is less its net income of similar period of 2004 by KZT114.2 m. Company's primary activities - production and sale of natural juices and beverages, marketing services. [2005-09-09]