COMBINED INCOME STATEMENT
|
2008 |
2007 |
2006 |
2005 |
2004 |
|
|
|
|
|
|
| Sales of crude oil |
135.912 |
108.490 |
58.565 |
32.393 |
23.198 |
| Cost of sales |
-44.610 |
-37.401 |
-26.080 |
-15.974 |
-8.937 |
| Gross Profit |
91.302 |
71.089 |
32.485 |
16.419 |
14.261 |
| General and administrative expenses |
-20.299 |
-10.183 |
-6.891 |
-2.457 |
-1.271 |
| Selling and oil transportation expenses |
-24.212 |
-6.793 |
-4.042 |
-2.069 |
-1.667 |
| Gain on hedging contract |
64.780 |
0 |
0 |
0 |
0 |
| Finance costs |
-12.567 |
-6.841 |
-2.194 |
-1.760 |
-2.044 |
| Foreign exchange gain (loss) |
-1.527 |
6.151 |
586 |
-759 |
2.390 |
| Profit before income tax |
98.666 |
53.423 |
19.944 |
9.374 |
11.669 |
| Income tax expense |
-35.188 |
-15.650 |
-6.973 |
-3.465 |
-4.038 |
| Net Income |
63.478 |
37.773 |
12.971 |
5.909 |
7.631 |
|
|
|
|
|
|
| COMBINED BALANCE SHEET |
|
|
|
|
|
|
|
|
|
|
|
| ASSETS |
2008 |
2007 |
2006 |
2005 |
2004 |
|
|
|
|
|
|
| Non-Current Assets |
|
|
|
|
|
| Property, plant and equipment |
513.491 |
289.533 |
135.850 |
60.904 |
47.821 |
| Hedging contract at fair value |
62.923 |
0 |
0 |
0 |
0 |
Advances for equipment
and construction works |
75.385 |
70.475 |
14.231 |
3.471 |
0 |
|
651.799 |
360.008 |
150.081 |
64.375 |
47.821 |
| Current Assets |
|
|
|
|
|
| Restricted cash |
21.078 |
0 |
0 |
0 |
0 |
| Inventories |
3.589 |
2.496 |
3.014 |
1.345 |
193 |
| Trade receivable |
1.084 |
9.530 |
5.580 |
2.142 |
2.094 |
Prepayments and other
current assets |
28.081 |
14.973 |
5.787 |
1.030 |
1.478 |
| Income tax prepayment |
5.386 |
0 |
0 |
0 |
0 |
| Cash and cash equivalents |
11.887 |
7.344 |
2.832 |
3.236 |
1.079 |
|
71.105 |
34.343 |
17213 |
7753 |
4844 |
|
|
|
|
|
|
| TOTAL ASSETS |
722.904 |
394.351 |
167.294 |
72.128 |
52.665 |
|
|
|
|
|
|
| EQUITY AND LIABILITIES |
|
|
|
|
|
| Share Capital and Reserves |
50 |
50 |
50 |
50 |
50 |
| Share capital |
221.617 |
68.190 |
28.142 |
14.472 |
9.678 |
Retained earnings and
translation reserve |
221.667 |
68.240 |
28.192 |
14.522 |
9.728 |
|
|
|
|
|
|
| Non-Current Liabilities |
|
|
|
|
|
| Long-term borrowings |
0 |
203.982 |
93.799 |
30.887 |
18.556 |
Abandonment and site
restoration liabilities |
3.411 |
1.299 |
1.214 |
622 |
460 |
| Due to Government of Kazakhstan |
6.330 |
6.317 |
8.094 |
7.332 |
7.600 |
| Deferred tax liability |
56.940 |
26.191 |
15.867 |
8.489 |
5.067 |
|
66.681 |
237.789 |
118.974 |
47.330 |
31.683 |
| Current Liabilities |
|
|
|
|
|
| Trade payables |
60.953 |
35.768 |
12.890 |
3.266 |
1.303 |
Current portion of long
term-borrowings |
365.439 |
45.521 |
5.099 |
6.123 |
9.405 |
| Income taxes payable |
1.031 |
2.062 |
0 |
0 |
0 |
| Other current liabilities |
7.133 |
4.971 |
2.139 |
887 |
546 |
|
434.556 |
88.322 |
20.128 |
10.276 |
11.254 |
| TOTAL EQUITY AND LIABILITIES |
722.904 |
394.351 |
167.294 |
72.128 |
52.665 |
|
|
|
|
|
|
| COMBINED CASH FLOWS |
|
|
|
|
|
|
2008 |
2007 |
2006 |
2005 |
2004 |
| Net CF from operating activities |
45.819 |
48.233 |
37.425 |
20.701 |
18.169 |
| Net CF used in investing activities |
195.196 |
173.105 |
92.851 |
24.477 |
12.158 |
Net CF from/(used in)
financing activities |
175.109 |
129.166 |
54.840 |
6.065 |
-6.616 |
