Annual financial statements

Consolidated Balance Sheet Report as of December 31, 2017

thousand KZT

Description	Line code	As at the end of the reporting period	As of the beginning of the reporting period
Assets	Page code	1	2
I. Short-term assets	.	.	.
Cash assets and their equivalents	010	6 751 184	6 034 709
Available-for-sale financial assets	011	0	0
Derivative financial instruments	012	0	0
Financial assets accountable by fair value through income and losses	013	0	0
Financial assets withheld until retirement	014	0	0
Other short-term financial assets	015	7 833 556	11 184 909
Short-term commercial and other account receivables	016	7 531 484	6 346 116
Current income tax	017	37 258	205 000
Stocks	018	15 794 309	17 071 179
Other short-term assets	019	850 311	1 013 095
Total short-term assets (sum of lines from 010 to 019)	100	38 798 102	41 855 008
Assets (or withdrawn groups) intended for sale	101	0	0
II. Long-term assets	.	.	.
Available-for-sale financial assets	110	0	0
Derivative financial instruments	111	0	0
Financial assets accountable by fair value through income and losses	112	0	0
Financial assets withheld until retirement	113	0	0
Other short-term financial assets	114	0	15 000
Long-term commercial and other account receivable	115	0	0
Investments accounted with equity accounting	116	8 353 356	6 343 208
Investment property	117	0	0
Basic assets	118	19 669 612	20 403 955
Biological assets	119	0	0
Exploration and evaluation assets	120	387 667	406 741
Intangible assets	121	524 425	580 455
Deferred tax assets	122	30 118	43 831
Other long-term assets	123	8 042 637	7 784 751
Total long-term assets (sum of lines from 110 to 123)	200	37 007 815	35 577 941
Balance (line 100 + line 101 + line 200)		75 805 917	77 432 949
Liabilities	Page code	As at the end of the reporting period	As of the beginning of the reporting period
III. Short-term liabilities	.	.	.
Loans	210	0	0
Financial derivatives	211	0	0
Other short-term financial liabilities	212	0	0
Short-term commercial debt and other credit debt	213	1 843 709	1 773 990
Short-term reserves	214	424 724	715 590
Current income tax obligations	215	0	0
Staff remuneration	216	536 589	522 873
Other short-term liabilities	217	704 622	1 063 416
Total short-term liabilities(sum of lines from 210 to 217)	300	3 509 644	4 075 869
Liabilities of withdrawn groups intended for sale	301	0	0
IV. Long-term liabilities	.	.	.
Loans	310	0	0
Derivative financial instruments	311	0	0
Other long-term financial liabilities	312	0	0
Long-term commercial and other credit debt	313	0	0
Long-term reserves	314	2 748 657	3 133 206
Deferred tax liabilities	315	1 647 245	1 488 237
Other long-term liabilities	316	1 127 258	1 000 733
Total long-term liabilities (sum of lines from 310 to 316)	400	5 523 160	5 622 176
V. Capital	.	.	.
Authorised (joint-stock) capital	410	2 755 985	2 755 985
Seigniorage revenues	411	0	0
Reacquired private equity instruments	412	0	0
Reserves	413	147 462	128 556
Undistributed profit (outstanding loss)	414	63 869 666	64 850 363
Total capital attributed to parent company owners (sum of lines from 410 to 414)	420	66 773 113	67 734 904
Non-controlling owners interest	421	0	0
Total capital (line 420 +/- line 421)	500	66 773 113	67 734 904
Balance (line 300 + line 301 + line 400 + line 500)	.	75 805 917	77 432 949

 

Profit and Loss Consolidated Report for the year ended December 31, 2017

thous. Tenge

Description	Line code	For the reporting period	For previous period
Revenue	010	37 483 584	38 977 206
Cost of sales	011	28 946 380	25 740 350
Gross profit (line 010 - line 011)	012	8 537 204	13 236 856
Distribution expenses	013	1 087 459	1 101 282
Administrative expenses	014	2 847 020	3 126 434
Other expenses	015	0	0
Other income	016	0	0
Total operating income (loss) (+/- lines from 012 to 016)	020	4 602 725	9 009 140
Finance income	021	311 081	427 250
Finance costs	022	336 160	553 291
Company's share in profit (loss) of associated entities and joint activity accouting with equity accounting	023	(111 490)	(6 690)
Other non-operating income	024	600 685	651 571
Other non-operating expenses	025	2 240 659	870 169
Profit before income tax  (+/- lines from 020 to 025)	100	2 826 182	8 657 811
Income tax expense	101	1 362 637	2 001 168
Income (loss) after coninuing activity taxation (line 100 - line 101)	200	1 463 545	6 656 643
Income (loss) after dicontinued activity taxation	201	0	0
Profit for the year attributable to: (line 200 + line 201) related to:	300	1 463 545	6 656 643
parent company owners	.	1 463 545	6 639 226
non-controlling owners interest	.		17 417
Other consolidated returns, total (sum of lines 410 to 420):	400	(33 909)	32 018
including:	.	.	.
Asset revaluation	410	0	0
Financial assets revaluation available for sale	411	0	0
Share in other comprehensive income of equity method investments	412	(1 629)	670
Actuarial losses on post-employment benefit obligations	413	(51 186)	234 061
Effect of change in income tax rate on deferred tax of branch organizations	414	0	0
Cash hedging	415	0	0
Exchange difference by investments in foreign organizations	416	18 906	(202 713)
Hedging of net investments into foregn operations	417	0	0
Other components of other consolidated returns	418	0	0
Correction at reclassification within income (loss)	419	0	0
Tax effect of other consolidated income components	420	0	0
Total consolidated returns (line 300 + line 400)	500	1 429 636	6 688 661
Total consolidated returns attributable	.	.	.
parent company owners	.	1 429 636	6 671 244
non-controlling owners interest	.	0	17 417
Earnings per share:	600	.	.
including:	.	.	.
Basic earnings per share:	.	.	.
of the continuing activity	.	0,601	2,728
of the discontinued activity	.	.	.
Diluted earnings per share:	.	.	.
of the continuing activity	.	.	.
of the discontinued activity	.	.	.

 

CASH FLOWS CONSOLIDATED REPORT as of 31 December 2017 (direct method)

thous. Tenge

Description	Line code	For reporting period	For previous period
I.  OPERATING ACTIVITY CASH FLOW	.	.	.
1.  Receipt total,	010	40 357 805	43 554 623
including:	.	.	.
sale of goods and services	011	37 687 173	40 487 565
other gain	012	0	0
advances received from buyers, customers	013	259 440	636 691
receipts under insurance contracts	014	0	0
remuneration received	015	260 535	411 444
other receipts	016	2 150 657	2 018 923
2. Decrease total,	020	37 583 269	36 539 480
including:	.	.	.
payments to suppliers for goods and services	021	19 721 505	20 130 418
advances given to suppliers of goods and services	022	1 198 967	749 326
payments for labour	023	8 400 806	7 441 127
remuneration payment	024	0	0
payments under insurance contracts	025	0	0
income tax and other payments into the budget	026	4 432 403	5 578 076
other payments	027	3 829 588	2 640 533
3. Result of operating activity (p.010-p.020)	030	2 774 536	7 015 143
II. INVESTMENT ACTIVITY CASH FLOW	.	.	.
1. Receipt total,	040	12 110 370	8 846 349
including:	.	.	.
fixed assets sale	041	617 657	0
intangible assets sale	042	0	0
other long-term assets sale	043	0	0
sale of other organizations' equity instruments (except for affiliates) and participatory interest in joint ventures	044	0	57 939
sale of other organizations' debt instruments	045	0	0
reimbursement in loss of control over subsidiaries	046	0	95 841
sale of other financial assets	047	11 193 325	8 435 743
futures and forward contracts, options, and swaps	048	0	0
devidends received	049	45 756	149 021
remuneration received	050	0	0
other receipts	051	253 632	107 805
2. Decrease total,	060	11 796 132	12892418
including:	.	.	.
fixed assets acquisition	061	523 854	425 784
intangible assets acquisition	062	0	0
other long-term assets acquisition	063	1 417 653	908 978
acquisition of other organizations' equity instruments (except for affiliates) and participatory interest in joint ventures	064	2 169 023	3 362 006
acquisition of other organizations' debt instruments	065	0	0
acquisition of control over subsidiaries	066	0	0
acquisition of other financial assets	067	7 340 516	8 037 720
granting of loans	068	334 690	0
futures and forward contracts, options, and swaps	069	0	0
investments in associates and subsidiaries	070	0	0
other payments	071	10 396	157 930
3. Result of investment activity (p.040-p.060)	080	314 238	(4 046 069)
III. FINANCIAL ACTIVITY CASH FLOW	.	.	.
1. Receipt total,	090	0	0
including:	.	.	.
issue of equities and other financial instruments	091	0	0
procurement of a loan	092	0	0
remuneration receipt	093	0	0
other receipts	094	0	0
2. Decrease total,	100	2 204 496	2 944 504
including:	.	.	.
payment of loans	101	0	0
payment of remuneration	102	0	0
payment of devidends	103	2 204 496	2 944 504
payments to owners under organizations' equities	104	0	0
other decreases	105	0	0
3. Result of financial activity (p.090-p.100)	110	(2 204 496)	(2 944 504)
4. Influence of currency exchange rate in tenge	120	(167 803)	(399 863)
TOTAL: Increase(+)/decrease(-) of funds (p030+-p080+-p110)	130	716 475	24 570
Funds as of the beginning of reporting period	140	6 034 709	6 410 002
Funds as of the ending of reporting period	150	6 751 184	6 034 709

 

Consolidated report on capital change for the year ended on December 31, 2017

thous. Tenge

Description	Line code	Mother company capital					Share of non-controlling owners	Total capital
		Authorized capital stock	Issue income	Purchased own share instruments	Reserves	Undistributed profit
Balance as of January 1st of the previous year	010	2 755 985	0	0	331 269	61 188 370	(17 417)	64 258 207
Accounting policy change	011	0	0	0	0	0	0	0
Re-calculated balance (line 010 +/- line 011)	100	2 755 985	0	0	331 269	61 188 370	(17 417)	64 258 207
Total aggregate profit, total (line 210 + line 220):	200	0	0	0	(202 713)	6 873 957	17 417	6 688 661
Profit (loss) of the year	210	0	0	0	0	6 639 226	17 417	6 656 643
Other aggregate profit, total (sum of lines from 221 to 229):	220	0	0	0	(202 713)	234 731	0	32 018
including:	.	.	.	.	.	.	.	.
Increment of fixed assets reappraisal (minus tax effect)	221	0	0	0	0	0	0	0
Transfer of fixed assets reappraisal depreciation (minus tax effect)	222	0	0	0	0	0	0	0
Reappraisal of financial instruments available for sale (minus tax effect)	223	0	0	0	0	0	0	0
Share in other aggregate profit (loss) of the associated agencies and joint activities acounted for by share participation method	224	0	0	0	0	670	0	670
Acturial profit (loss) of retirement obligations	225	0	0	0	0	234 061	0	234 061
Effect of changing income tax rate by deferred tax of daughter companies	226	0	0	0	0	0	0	0
Fund flow hedging (minus tax effect)	227	0	0	0	0	0	0	0
Rate difference by investments to foreign companies	228	0	0	0	(202 713)	0	0	(202 713)
Hedging of net investment to foreign operations	229	0	0	0	0	0	0	0
Operations with owners, total (sum of lines from 310 to 318):	300	0	0	0	0	(3 211 964)	0	(3 211 964)
including:	.	0	0	0	0	0	0	.
Granting shares to the employees:	310	0	0	0	0	0	0	0
including:	.	.	.	.	.	.	.	.
employee's service cost	.	0	0	0	0	0	0	0
issuing shares according to granting shares to employees procedure	.	0	0	0	0	0	0	0
tax benefit regarding granting shares to employees procedure	.	0	0	0	0	0	0	0
owner fee	311	0	0	0	0	0	0	0
Issuing own share instruments (shares)	312	0	0	0	0	0	0	0
Issuing share instruments associated with business merge	313	0	0	0	0	0	0	0
Share component of the converted instruments (minus tax effect)	314	0	0	0	0	0	0	0
Dividend payment	315	0	0	0	0	(3 211 964)	0	(3 211 964)
Other distribution in favor of owners	316	0	0	0	0	0	0	0
Other operations with owners	317	0	0	0	0	0	0	0
Change of share of participating in daughter companies, not resulted in control loss:	318	0	0	0	0	0	0	0
Other operations	319	0	0	0	0	0	0	0
Balance as of January 1st of the reporting year (line 100 + line 200 + line 300)	400	2 755 985	0	0	128 556	64 850 363	0	67 734 904
Accounting policy change	401	0	0	0	0	0	0	0
Re-calculated balance (line 400 +/- line 401)	500	2 755 985	0	0	128 556	64 850 363	0	67 734 904
Total aggregate profit, total (line 610 + line 620)	600	0	0	0	18 906	1 410 730	0	1 429 636
Profit (loss) of the year	610	0	0	0	0	1 463 545	0	1 463 545
Other aggregate profit, total (sum of lines from 621 to 629):	620	0	0	0	18 906	-52 815	0	(33 909)
including:	.	.	.	.	.	.	.	.
Increment of fixed assets reappraisal (minus tax effect)	621	0	0	0	0	0	0	0
Transfer of fixed assets reappraisal depreciation (minus tax effect)	622	0	0	0	0	0	0	0
Reappraisal of financial instruments available for sale (minus tax effect)	623	0	0	0	0	0	0	0
Share in other aggregate profit (loss) of the associated agencies and joint activities acounted for by share participation method	624	0	0	0	0	(1 629)	0	(1 629)
Acturial profit (loss) of retirement obligations	625	0	0	0	0	(51 186)	0	(51 186)
Effect of changing income tax rate by deferred tax of daughter companies	626	0	0	0	0	0	0	0
Fund flow hedging (minus tax effect)	627	0	0	0	0	0	0	0
Rate difference by investments to foreign companies	628	0	0	0	18 906	0	0	18 906
Hedging of net investment to foreign operations	629	0	0	0	0	0	0	0
Operations with owners, total (sum of lines from 710 to 718):	700	0	0	0	0	(2 391 427)	0	(2 391 427)
including:		0	0	0	0	0	0	0
Granting shares to the employees:	710	0	0	0	0	0	0	0
including:	.	.	.	.	.	.	.	0
employee's service cost	.	0	0	0	0	0	0	0
issuing shares according to granting shares to employees procedure	.	0	0	0	0	0	0	0
tax benefit regarding granting shares to employees procedure	.	0	0	0	0	0	0	0
owner fee	711	0	0	0	0	0	0	0
Issuing own share instruments (shares)	712	0	0	0	0	0	0	0
Issuing share instruments associated with business merge	713	0	0	0	0	0	0	0
Share component of the converted instruments (minus tax effect)	714	0	0	0	0	0	0	0
Dividend payment	715	0	0	0	0	(2 391 427)	0	(2 391 427)
Other distribution in favor of owners	716	0	0	0	0	0	0	0
Other operations with owners	717	0	0	0	0	0	0	0
Change of share of participating in daughter companies, not resulted in control loss:	718	0	0	0	0	0	0	0
Other operations	719	0	0	0	0	0	0	0
Balance as of December 31st of the reporting year (line 500 + line 600 + line 700)	800	2 755 985	0	0	147 462	63 869 666	0	66 773 113