Retrospective of cash assets turnover

Significant factors that influenced on cash flows from investment and financial activities are:

In 2013 the Group placed funds, attracted from issue of euro-bonds, as bank deposits with repayment period not more than three months on amount of 49,967,345 tenge, what was shown in the cash flow report as cash flows, used in investment activities.

With regard to financial activities, the basic part of receipts in 2012 were the funds, received from placing of five-year euro-bonds (75 billion tenge) and loans (17.2 billion tenge), that have been attracted for implementation of investment projects, at Irish Stock Exchange (ISE) and Kazakhstan Stock Exchange (КАSЕ). Cash outflow consists of repayment of short-term and long-term loans (24.1 billion tenge) and payment of dividends (4.5 billion tenge) to shareholders, including in favor of Samruk-Kazyna National Wealth Fund (4.4 billion tenge).

In 2013 the basic part of financial activities receipts consisted of funds, received on account of raising debt funds (18.8 billion tenge) and bond offering (2.9 billion tenge). Cash outflows consisted of repayment of short-term and long-term loans (19.9 billion tenge), dividends in favor of Samruk-Kazyna NWF (2.8 billion tenge) and other payments to shareholders (3.9 billion tenge).

Shareholders’ equity and borrowed capital structure

In thousand Kazakhstani tenge

Acquisition of 50% share of Ekibastuz SDPS-1 named after Bulat Nurzhanov in amount of 101,620 mln tenge made significant influence on growth of joint stock capital.  

Growth of other surplus funds is explained by the fact that Samruk-Energy Group of Companies has received unattributed (waif) grids in amount of 3,353 mln tenge from NWF Samruk-Kazyna as a contribution into the Company capital.