Dedication across the board
Annual Report 2012

Consolidated Financial Statements

Consolidated statement of financial position

In thousands of US dollars Note 2012 2011
 
ASSETS
Non-current assets
Property, plant and equipment 5 1,222,665 1,120,453
Restricted cash 11 3,652 3,076
Advances for non-current assets 6 25,278 3,368
1,251,595 1,126,897
       
Current assets      
Inventories 7 24,964 14,518
Trade receivables 8 54,004 12,640
Prepayments and other current assets 9 24,369 23,279
Income tax prepayment   - 3,453
Short-term investments 10 50,000 -
Cash and cash equivalents 11 197,730 125,393
    351,067 179,283
TOTAL ASSETS   1,602,662 1,306,180
       
EQUITY AND LIABILITIES      
Partnership capital and reserves      
Partnership capital 12 371,147 368,203
Additional paid-in capital   6,095 1,677
Retained earnings and translation reserve   317,862 215,351
    695,104 585,231
       
Non-current liabilities      
Long term borrowings 13 615,742 438,082
Abandonment and site restoration liabilities 14 11,064 8,713
Due to Government of Kazakhstan 15 6,122 6,211
Employee share option plan 24 9,788 11,734
Deferred tax liability 23 148,932 146,674
    791,648 611,414
       
Current liabilities      
Current portion of long term borrowings 13 7,152 9,450
Trade payables 16 58,390 81,914
Advances received   60 3,154
Income tax payable   11,762 -
Current portion of Due to Government of Kazakhstan 15 1,031 1,031
Other current liabilities 17 37,515 13,986
    115,910 109,535
TOTAL EQUITY AND LIABILITIES   1,602,662 1,306,180

 

     
Chief Executive Officer of the General Partner of Zhaikmunai LP    
    Kai-Uwe Kessel
     
     
     
Chief Financial Officer of the General Partner of Zhaikmunai LP    
    Jan-Ru Muller

The accounting policies and explanatory notes on pages 5 through 28 are an integral part of these consolidated financial statements.