KASE Shareholders Approved 2010 Financial Statements
OREANDA-NEWS. July 01, 2011. Kazakhstan Stock Exchange (KASE) announces that it held the annual general meeting of its shareholders where KASE Y2010 audited consolidated financial statements were approved. According to the financial statements, reported the press-centre of KASE:
- the net worth of the Exchange group increased by KZT372.3 m, or 21,7 %, to KZT2,089.6 m;
- assets rose by KZT412.5 m, or by 22.8 %, to KZT2,221.1 m;
- liabilities went up by KZT40.2 m (44.1 %) to KZT131.5 m;
- operating income decreased by KZT105.7 m, or 8.4 %, to KZT1,147.2 m on 2009;
- operating expenses rose by KZT16.5 m (2.2 %) to KZT777.3 m;
- the group's net income decreased by 17.5 % to KZT305.1 m, however being twice the figure set in KASE forecasts for 2010.
Also, KASE shareholders approved the following procedure of distributing KASE's net income (profit) for 2010:
- to pay-out dividends to KASE shareholders to the amount of KZT30.5 m;
- to assign KZT271.7 to fostering KASE's business.
Payout of dividends due for 2010 will be made beginning from August 1, 2011, making up KZT56.00 per share. Dividends will be transferred to shareholders' bank accounts.
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