Overview of Financial Position

Their share in assets was 25%. Growth was primarily driven by an increase in cash — by 77% to KZT 167.1 billion.

The decrease was mainly due to a reduction in right-­of-use assets by 11%, which at the end of the year amounted to KZT 70.9 billion. 51% of non-current assets are accounted for by fixed assets, which grew by 3% over the year.

The share of capital in assets was 52%, which attests to the fairly stable financial position of the Company.

In terms of liabilities, 68% are non-current liabilities and 32% are short-term liabilities.

Increase due to an increase in trade payables  — by 37%, or KZT 20.2 billion.

The decrease is due to a reduction in the long-term part of loans (by 11%, or by KZT 34 billion) and the long-term part of lease obligations (by 20%, or by KZT 12.6 billion).

The key lenders are Halyk Bank of Kazakhstan JSC and First Heart July Bank JSC. Financing is provided through open credit lines.