Main results of activity of BANK CASPIAN JSC (Kazakhstan) in year 2005, according to audit

11.04.06 21:07
/IRBIS, Assel Omarova, April 11, 06/ - BANK CASPIAN JSC (Almaty), within listing requirements, has presented to Kazakhstan stock exchange (KASE) its audited consolidated financial statements for year 2005. The bank's financial statements were audited by Deloitte & Touche (Almaty) in compliance with international auditing standards. Similar indicators for year 2004 are given in parentheses. According to the presented data, by the end of 2005 the bank's net income grew by KZT2,718.6 m. in comparison with year 2004 to KZT4,496.3 m. (KZT1,777.7 m.). Net interest income of year 2005 is estimated at KZT7,620.1 m. (KZT3,084.4 m.). Assets of the bank as of December 31 of 2005 were KZT151,524.9 m., whereas as of December 31 of 2004 this indicator was KZT79,633.9 m. Bank's liabilities grew during the year by KZT65,484.8 m. to KZT135,520.8 m. (KZT70,035.9 m.). Equity capital reached KZT16,004.1 m. (KZT9,597.9 m.). According to the bank's data, its authorized capital as of December 31 of 2005 was KZT7,685.5 m. and grew during the year by KZT1,888.2 m. (KZT5,797.3 m.). The bank had no unpaid authorized capital, according to balance sheet. Full audited and non-audited consolidated financial statements of BANK CASPIAN JSC for year 2005 is available on KASE's web-site at http://www.kase.kz/emitters/csbn.asp Shares and bonds of BANK CASPIAN JSC are traded in KASE's official "A" listing category. [2006-04-11]