Auditor’s report on consolidated financial statements of Temirtau Electro-Metallurgy Plant for 2018 published
/KASE, May 16, 2019/ – Temirtau Electro-Metallurgy Plant (Temirtau), whose shares 
are officially listed on the Kazakhstan Stock Exchange (KASE), provided KASE with 
auditor's report on the company's consolidated financial statement for 2018.

According to audited data as at December 31, 2018 
(in thous. KZT, unless otherwise specified):

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                                            as at         as at 
Indicator                            Dec. 31, 2018 Dec. 31, 2017
------------------------------------ ------------- -------------
Equity                                   1,749,397     1,609,771
Total assets                            26,709,261    11,453,292
Total liabilities                       24,959,864     9,747,377
Sales volume                            28,709,421    18,789,482
Gross revenue                            2,442,363     4,186,193
Net income (net loss)                      147,864     1,318,268
Book value of an ordinary share, KZT          1.33          1.37
ROA, %                                        0.55         11.51
ROE, %                                        8.45         81.89
ROS, %                                        0.52          7.02
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The company's financial statements for 2018 were audited by Crowe Audit KZ LLP. 
According to the auditor’s report,  the consolidated financial statements present 
fairly, in all material respects, the consolidated financial position of Temirtau 
Electro-Metallurgy Plant as at December 31, 2018 and its consolidated financial 
results and consolidated cash flows for the year then ended in accordance with 
IFRS.

The report is available on KASE website (in Russian) at 
http://kase.kz/files/emitters/TEMK/temkf6_2018_cons_rus.pdf

[2019-05-16]