Main results of activity of Kazakhstan Kagazy JSC (Kazakhstan) in year 2005

07.03.06 18:17
/IRBIS, Natalya Kuznetsova, March 7, 06/ - Kazakhstan Kagazy JSC (Abay set-t, Almaty oblast), within listing requirements, has presented to Kazakhstan stock exchange (KASE) its non-audited financial statement for year 2005, prepared in compliance with international accounting standards. Similar indicators for year 2004 are given in parentheses. According to the presented data, the company's net profit for year 2005 totaled KZT358.0 m. and grew compared to year 2004 by KZT73.4 m. (KZT284.6 m.). According to data of Kazakhstan Kagazy JSC income from ready products sale for year 2005 reached KZT3,256.4 m. (KZT2,176.2 m.) while their prime cost was KZT2,215.6 m. (KZT1,461.8 m.). Assets of the company as at December 31 of 2005 were KZT13,993.4 m., whereas at the end of 2004 this indicator did not exceed KZT6,921.4 m. Equity capital as at the end of 2005 was KZT6,470.2 m. having grown during the year by KZT3,995.9 m. (KZT2,474.4 m.). At that, authorized capital at the end of 2005 was, according to the company, was KZT4,380.5 m. in comparison with KZT657.0 m. at the end of 2004. Unpaid authorized capital according to balance sheet was absent. Original non-audited financial statement of Kazakhstan Kagazy JSC for year 2005 is available on KASE's web-site at http://www.kase.kz/emitters/kkag.asp Bonds of Kazakhstan Kagazy JSC are traded in KASE's official "A" listing category. Company's primary activities - paper products production. [2006-03-07]