Annual report 2012

pg
Content
Welcome speech of Chairman of JSC«NMH «KazAgro»..................5
About JSC «NMH «KazAgro».........................................................7
Board of directors of JSC «NMH «KazAgro»..............................................10
Board of directors of JSC «NMH «KazAgro»..............................................11
Organization structure of JSC «NMH «KazAgro»......................................12
Corporate development.................................................................13
Development strategy JSC «NMH «KazAgro».........................................15
Strategic directions of the Holding activity.................................................16
Key indicators of Holding activity for 2012.................................................18
Corporate management........................................................................23
Quality management system improvement in Holding..............................24
Policy of risk-management.....................................................................25
Staff development................................................................................26
Main results of activity of JSC “NMH “KazAgro” for 2012.......27
AIC financing structure...........................................................................29
Social responsibility...............................................................................30
Support Programs of AIC subjects...........................................................31
Financing of carrying out spring field and harvest works..........................32
Support programs of small and medium business subjects.......................33
Realization of investment program...........................................................35
Main events of Holding “KazAgro” for 2012.................................37
International cooperation......................................................................39
Participation in international events.........................................................40
Activity of affiliated companies of Holding.....................................41
JSC «NC «Food Contract Corporation».....................................................43
JSC «KazAgroFinance»..........................................................................45
JSC «Agrarian Credit Corporation»..........................................................47
JSC «Fund of financial support of agriculture».....................................49
JSC «KazAgroProduct»..........................................................................51
JSC «Kazagromarketing».......................................................................53
JSC «KazAgroGarant»...........................................................................55
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Welcome speech of Chairman of
JSC “NMH “KazAgro”
Dear Partners and Colleagues!
With foundation of Holding “KazAgro” in 2006 stable
functioning and dynamically developing system of support of
AIC (Agro-industrial complex) subjects is created in Kazakhstan
agriculture. “KazAgro” in 2012 – is branching network consisting
of 69 regional branches and representative offices in all region
of the republic, 160 village information consultation offices,
about 1,7 thousand workers. Effectiveness of government assets
management is confirmed with reception of stable credit ratings
of companies, affiliated with holding.
In accordance with assignments of President, activity
of “KazAgro” is focused on stimulation of increase of labor
productivity in AIC through industrialization and diversification,
participation in ensuring food security of the country by means
of development and regulation of the domestic food market,
assistance to development and realization of an export potential
AIC, improvement of quality of corporate management and
transparency of activity of holding.
For realization of objectives on AIC development in 2012
holding allocated 171,5 billion tenge. Thus only 19% of this
volume made budgetary funds, the main source of financing are
own means of holding and attracted loans.
"KazAgro" is the largest creditor of agrarian sector – 46% of
the credits in branch are given out by holding.
In total group of companies of National holding KazAgro
financed 270 projects with amount 202,1 billion tenge, from
which in 2012 67 projects are put into operation with total cost
of 32,3 billion tenge. 2,3 thousand permanent workplaces are
formed with construction and start of new agricultural enterprises
in country agrosector.
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-5-
Today "KazAgro" carries out support of AIC subjects on a
wide range of the directions – from regulation of the domestic
food market and financing of sowing and harvest works before
crediting of investment projects and support of small and medium
business in the village.
2012 was difficult both for our agricultural producers, and
for "KazAgro". The weather conditions connected with a long
drought became a difficult factor for agrosector of the republic. In
these conditions of KazAgro took additional and timely measures
for support of AIC, among which - prolongations of obligations
of agricultural producers on the credits, financing of spring field
works under agricultural production co-operative guarantees,
leasing of grain-harvesting equipment on favorable terms within
the program “Urojai-2012”, restructuring of debts of farms and
agroformations.
New tasks which we set for ourselves, as a whole are directed
on expansion of availability of financial resources for agricultural
producers of the republic. The holding intends to optimize as
much as possible credit process, to improve qualities of service,
by introduction of system of service of villagers by the one stop
principle and to work on a problem of availability of the credit.
Besides, already now together with public organizations and the
interested departments the question of ensuring broader access
of agrobusiness to trade and logistic system has been resolving.
I want to express deep gratitude to our partners and clients
for assistance and cooperation in common activity. I wish all of
you health, good luck and professional progress, and also peace
and wellbeing to all of us!
Yours faithfully,
Aitzhanov D. N.
Chairman of JSC National
Management Holding KazAgro
Joint-stock company "National Management Holding KazAgro
(further – Holding) is incorporated with 100 percent participation
of country in authorized capital according to the decree of the
President of the Republic of Kazakhstan dd. December 11, 2006
No. 220 and the resolution of the Government of the Republic of
Kazakhstan dd. December 23, 2006 No. 1247 for stimulation of
effective development of agro-industrial sector and increase of
its competitiveness in the domestic and foreign markets.
Functions of the Sole shareholder of Holding are carried out
by the Ministry of Agriculture of the Republic of Kazakhstan.
According to the list approved by the Government of the
Republic of Kazakhstan, the following joint-stock companies
(further - Companies) are included in the group of companies
of Holding:
- JSC «National Company «Food Contract Corporation» - 100 %
shares;
- JSC «Agrarian credit corporation» - 100 % shares;
- JSC «KazAgroFinance» - 100 % shares;
- JSC «Fund of financial support of agriculture» - 100 %
shares;
- JSC «KazAgroProduct» - 100 % shares;
- JSC «KazAgroGarant» - 99,09 % shares;
- JSC «Kazagromarketing» - 100 % shares.
The group of companies of Holding is presented in all regions
of the republic by 21 regional representations, 47 branches,
besides it has 3 foreign representations (2 in the Russian
Federation and 1 in the People's Republic of China).
Staff number of group of companies of Holding makes 4,4
thousand people, also 3,5 thousand people work in regions.
-9-
Board of directors
JSC «National Management Holding «KazAgro»
Board of directors of
JSC «National Management holding «KazAgro»
KUSHERBAYEV
Krymbek
Yeleuovich
Deputy Prime Minister of the
Republic of Kazakhstan, chairman;
Aitzhanov
Dulat Nuliyevich
Chairman;
MAMYTBEKOV
Assylzhan
Sarybayevich
Minister of agriculture of the
Republic of Kazakhstan, member
of Board of directors;
ZHAMISHEV
Bolat
Bidakhmetovich
Minister of finances of the
Republic of Kazakhstan, member
of Board of directors;
Mussina
Liliya
Sakenovna
Deputy Chairman;
ISKANDIROV
Abay
Mukashevich
Vice-minister of economic
development and trade of the
Republic of Kazakhstan;
Deputy Chairman;
AITZHANOV
Dulat Nuliyevich
Chairman of JSC «National
Management Holding «KazAgro»;
Makhazhanov
Dauren
Sabitovich
ROZINOV
Vassiliy
Samoilovich
General Director LLC «IvolgaHolding», independent director of
Board of directors;
GRAMZOW
Andreas
Scientist of project «KazakhstanGerman agrarian political
dialogue», independent director;
Omarov
Tobylbek
Yessenzholovich
Managing Director
- Chief of staff,
Member of Board
of directors;
Giorgio Ponzi
President of company
«Agrotechnica S.r.l.», Italian
Republic, independent director of
Board of directors;
Baikanova
Aigul Maratovna
Legal Department
Director - Member
of Board of
directors
(as of December 31, 2012)
BAIMURATOV
Yerlan
Urazgeldiyevich
(as of December 31, 2012)
Chairman of JSC «Bayan-Sulu»,
independent director of Board of
directors
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Organization structure
of JSC «NMH «KazAgro»
-12-
Development strategy of JSC «NMH «KazAgro»*
Development strategy of JSC “National Management Holding
“KazAgro” for 2011 - 2020 is developed in the order determined
by the resolution of the Government of the Republic of Kazakhstan
dd. October 31, 2011 No. 1236, and approved by the resolution
of the Government of the Republic of Kazakhstan dd. January
31, 2011 No. 52.
Mission of Holding is realization of state policy on stimulation
of industrial development of agrarian and industrial complex
(AIC) on the principles of productivity, transparency and effective
corporate management of holding structures.
In 2012 the Holding
rose by the 40th place in
the Rating of Kazakhstan
largest companies ("Expert
200-Kazakhstan") in the
volume of realization of
production.
Perspective of Holding
By 2020 the Holding will become leading management
company in the field of realization of state policy on increase of
efficiency of branches of AIC of the Republic of Kazakhstan.
Being the financial operator of the major strategic projects of
development of agriculture, the Holding will provide available,
target and effective use of the state and attracted resources,
carrying out further development of production, information and
service infrastructure of agrarian and industrial complex.
By 2020 the Holding and all its affiliated structures will receive
ratings of corporate management that will confirm high culture
of corporate development of group of companies of holding on
the basis of transparency of activity and high criteria of human
potential development.
* full text of Development Strategy of Holding for 2011-2020 is presented in
official site of Holding www.kazagro.kz
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Strategic directions of the Holding activity:
- definition of the main directions of
investments into AIC;
Stimulation of growth
of labor productivity
in AIC through
industrialization and
diversification
- attraction of investments for financing
of hi-tech (innovative) investment
projects and the AIC enterprises for
introduction of modern production
technologies and agricultural raw
materials processing;
- financing, implementation of exportoriented projects;
Assistance to
development and
realization of export
potential of AIC
Participation in
ensuring food security
of the country by
means of development
and regulation of the
domestic food market
- crediting of CC and enterprises of
processing of agricultural raw materials
and production of food;
- carrying out exhibitions, business
forums, conferences;
- increase of efficiency of own capital
and assets;
- leasing of the hi-tech agricultural
machinery, special equipment and the
processing equipment
- formation and financing of the list of
projects of AIC subjects on creation of
food belt round the cities of Astana and
Almaty;
- expansion of geography of export of
agricultural products and products of its
processing;
- development of intensive animal
husbandry
- participation in creation of hi-tech
(innovative) productions and objects of
infrastructure;
- formation and effective management
of the state resources of grain;
- infrastructure expansion for grain
storage and export;
- improvement of monitoring system of
the financed projects;
Improvement of
quality of corporate
management and
transparency of
holding activity
- improvement of quality of a loan
portfolio;
- increase of a role of a risk
management in activity of group of
companies of holding;
- debt management of the companies
of holding through establishment of
coefficients of debt loads;
- introduction and development
of innovations in holding group of
companies
- monitoring and analysis of the
agrofood markets;
- development and functioning of a
network of the information and logistic
centers in the wholesale markets of the
Republic of Kazakhstan;
- ensuring effective functioning of the
grain storages which are part of JSC
“NC “Food Contract Corporation”;
- implementation of purchase and
realization of animal products
-16-
-17-
Key indicator of
activity (KIA)
Unit of
measure
Key indicators of Holding activity for 2012
Meaning for
2012
Plan
Remark
Fact
Strategic direction 1. «Stimulation of growth of labor
productivity in AIC through industrialization and diversification»
11
12,3
thous.USD for
1 worker
Labor productivity at
enterprises financed
by Holding
Indicator is
achieved
Share of processing
of meat, milk, fruits
and vegetables in %
of the total volume of
their production in the
republic:
%
0,55 0,82
meat
%
0,19 4,61
milk
%
0,35
fruits and vegetables
%
0,02 0,35
%
26
33
Indicator is
achieved
Share of the bought
agricultural machinery
from the general
demand of the
republic
%
0,77
3,1
Indicator is
achieved
Share of Holding in
export of agrarian
branch, %
%
3,5
Strategic direction 2. «Participation in ensuring food security
of the country by means of development and regulation of the
domestic food market»
%
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0,4
Strategic direction 3. «Assistance to development and
realization of export potential AIC»
Share of innovative
projects in the total
amount of large
investment projects
realized by holding
Task performance on
formation of the state
resources of grain for
100%.
Indicator is
achieved
100
101
Indicator is
achieved
-19-
0,86
Indicator is not
achieved because
of low volume
of export of
grain of JSC “NC
“Prodkorporation”
(plan – 350
thousand tons,
fact – 77 thousand
tons). In 2012
in connection
with dry weather
conditions there
was a rise in
prices for grain in
domestic market.
For stabilization of
a situation JSC “NC
“Prodkorporation”
at the request of
the Government
directed grain to
the flour-grinding
enterprises for
prevention of a
rise in prices on
bakery and pasta
(macaroni).
thou­ 1500 1236
Achievement of
volumes of transfer of sand
tons
grain through grain
terminals of Holding
by 2015 - 1800
thousand tons, by
2020 - 3650 thousand
tons
The following
reasons had
impact on
achievement of
indicator in 1236
thousand tons of
transfer of grain
on terminals
of JSC “NC
“Prodkorporation”:
1) Strengthening
of the international
sanctions
concerning Iran
which is the large
importer of grain;
2) Rise in prices
for the grain
imported to
Azerbaijan by the
sea, led to that
the Azerbaijani
buyers preferred
to get grain in
border regions of
the country, for
example st. Samur
– border of Russia
and Azerbaijan.
ROE
%
2,82 0,78
2 284 216 tenge
profit /
292 597 422
capital = 0,78%
For ensuring
availability of
credit resources
the remuneration
rates on separate
credit programs
were reduced that
led to profitability
reduction.
Decrease in a share of
the created reserves
(provisions) on a loan
portfolio of affiliated
joint-stock companies
of Holding
%
14,5 12,6
Indicator is
achieved.
Degree of introduction
of innovations in
activity of group of
companies of holding
%
7,1
Strategic direction 4. «Improvement of quality of corporate
management and transparency of Holding activity»
ROА
%
-20-
1,27 0,43
2 284 216 tenge
profit/
537 135 672
assets = 0,43%
-21-
4,24
Planned to
realization in 2012
introduction of
the automated
systems and
innovative
information
technologies
was postponed
for 2013-2016
according to
development
strategy of
information
technologies in the
Holding, approved
by the decision of
Board of directors.
Growth of users of
services of group of
companies of Holding
%
% workers, covered
by system of training
during one year (not
less than 25%).
%
% satisfaction of
workers with moral
and psychological
climate and
compensation system
(not less than 80% of
workers).
%
101
25
82
112
68,4
82,5
Creation of unified
brand for holding and
its affiliated JSC in
2011-2012
Plan 2012
2012 г.
Annual growth of
quantity of mentions
of activity of Holding
and its affiliated jointstock companies in
mass media
-
Indicator is
achieved
Indicator is
achieved
Indicator is
achieved
Creation of unified
brand for Holding
and affiliated JSC
is postponed for
later period in
connection with
carried-out work
on optimization of
functions of group
of companies
of Holding and
development
of the unified
concept of
rebranding.
Corporate management
In 2012 all main documents on corporate management in
Holding are approved and are in due time updated as required
taking into account the international principles and standards in
the sphere of corporate management.
Documents of
Holding on corporate
management
Charter of Holding;
Code of corporate management of
Holding;
Code of corporate ethics of Holding;
Provision on Service of internal audit;
Provision on corporate secretary
According to the Memorandum of the basic principles of
activity of JSC “NMH “KazAgro” approved by the resolution of
the government of the Republic of Kazakhstan dd. December
23, 2006 No. 1247, relationship between Holding and affiliated
JSC are determined by Holding functions on management of
affiliated JSC and according to the legislation of the Republic of
Kazakhstan. Thus influence of Holding on activity of affiliated
JSC is limited to a framework of corporate management through
implementation of functions of the Sole shareholder and
representation in Boards of directors of affiliated JSC within the
approved corporate procedures.
In 2012 the System of the electronic document flow which
task is automation of business processes incoming and outgoing
mail was used.
Also development strategy of information technologies of
Holding and group of companies for 2013-2017 was developed.
%
-22-
5
5
Indicator is
achieved.
In 2013 introduction of the Unified corporate portal of
Holding and group of companies and the pilot project "System
of Collecting and Processing of the credit application" is planned.
-23-
Quality management system improvement in
Holding
Within quality management system development (further QMS) of Holding in 2012 optimization of normative documents of
Holding on management of QMS of Holding is carried out, method
on identification, analysis and elimination of discrepancies with
practical tools on work with discrepancies is developed.
Documents of
Holding on quality
management system
Holding quality administration;
Policy and purposes in quality field;
Provision on Board for questions of
quality management in Holding;
Provision on Representative of
quality administration;
Instruction on management of
discrepancies on Holding
During 2012 training seminars for heads of structural divisions
and employees of Holding were held on bases of process approach
and instruments of monitoring, measurement and improvement
of business processes of Holding.
Policy of risk-management
Market risks
VaR technology application for an
assessment of positions and maximum
losses;
Wide use of imitating models for an
assessment of changes in an investment
portfolio for 5 year period
Credit risks
Establishment of limits of risk / internal
ratings on certain contractors, geographical
or branch concentration and influence
monitoring
Credit quality of process of consideration for
early identification of possible changes in
solvency, including pledge revision
Liquidity risks
For restriction of liquidity risks, KazAgro:
diversified financing sources in addition to
the basis for deposits
manages Group assets, considering liquidity;
also carries out on a daily basis the current
liquidity and future cash flows
For improvement of business processes of Holding actions for
monitoring of productivity of business processes and updating of
indicators of productivity of processes were executed.
In all structural divisions of Holding internal audit on
compliance of activity of Holding to requirements of ST of RK
ISO 9001-2009 (further – internal audit of QMS) was carried
out. Following the results of internal audit of QMS the Plan on
entering of corrections into business processes was developed
and realized.
Also, for confirmation of compliance of activity of Holding
to requirements of the standard of management, in December,
2012 inspection audit on compliance to requirements of ST of RK
ISO 9001-2009 was carried out.
-24-
Risks FX
Interest risk
and early
repayment risk
For decrease in currency risk on the credits
and loans, KazAgro:
Sets limits on positions in foreign currency
on the basis of KFN recommendations;
Monitors positions on a daily basis
The company compares the prices of their
credits and financial leasing with the cost of
their financing;
Regular monitoring of cost of loans,
responses and revision of conditions of
their financing and reduction of prices of the
percentage assets;
Early repayment risk is considered low as
the credits and financial leasing are provided
by Group, as a rule, on rates lower than
market
-25-
Staff development
Total staff number of JSC “NMH “KazAgro” is approved by the
decision of Board of directors of Holding dd. August 31, 2012 No.
8 and makes 92 units.
In Holding Personnel and Social policy are approved according
to which measures for support and protection of the qualified
personnel potential are taken. For providing a due skill level
of workers Holding organizes their training. According to the
Rules of training and professional development of employees
of JSC “National Management Holding “KazAgro”, approved by
the decision of Board of directors of JSC “Holding “KazAgro”,
59 people (64,1% of the total staff) passed training in 2012 in
various seminars, trainings and courses directed on improvement
of knowledge and skills.
All members of labor staff of Holding are participants of
system of voluntary medical insurance.
For healthy lifestyle the staff of Holding in spare time visits
gyms for game in soccer and volleyball. The team of Holding took
prize places in held sports tournaments and was the owner of a
cup of the Minister of Agriculture of the Republic of Kazakhstan
on mini-soccer.
-26-
AIC financing structure
Financial results
- assets cost - 548 140 mln. tenge;
- capital - 297 565 mln. tenge, including authorized capital 254 022,9 mln. tenge;
- consolidated net revenue - 2 284 mln. tenge;
- dividend received from affiliated organizations – 544 mln.
tenge;
- to payment of dividends it is allocated - 146 780 thousand
tenge;
- by Holding group of companies for 2012 it is paid taxes in
the budget (except for indirect taxes) for the amount - 2 114 mln.
tenge.
Efficiency of state assets management
(consolidated information, mln.tenge)
-29-
Social responsibility
All activities of Holding for realization of state policy in AIC
are carried out on the principles of social responsibility before
business.
Crediting of small and medium business in villages is carried
out on the lowest interest rates from 4 to 9,5% per annum
(depending on financing sources), thus country doesn't incur
costs of subsidizing from interest rates.
The average rate of remuneration on the credits of Holding
made 7%, and on banks of the second level - 12%.
Thus, conditionally the volume of social responsibility of
Holding in 2012 reached 13,9 billion tenge.
Thereby the share of a joint credit portfolio of Holding made
46% of the total amount of crediting of AIC or 277 billion tenge.
Share of credits of Holding in AIC crediting
Support Programs of AIC subjects
Volume of AIC support on group of companies of
Holding
Total:
171,5 billion tenge
AIC crediting
135,4 billion tenge (+ 18% to the level of
2011)
Investment portfolio of Holding
Total in
portfolio:
Introduced in
2012
Workplaces
270 projects with cost 202,1 billion tenge
67 projects with total cost 32,3 billion tenge
(with borrowers’ funds).
2,3 thousand new workplaces
Within ensuring availability of agricultural producers to
credit resources the affiliated companies of Holding realize the
following actions: VPR financing, agricultural machinery and
equipment purchase through the leasing mechanism; stimulation
of associations of small-scale enterprises for conducting of
coproduction; implementation of investment projects, SKT
crediting, microcredit to village people and other directions
having impact on dynamic development of AIC.
Financing of AIC by Holding on directions
(mln.tenge,%)
-30-
-31-
Financing of carrying out spring field and
harvest works
Financial sources
The budgetary credit, own and attracted
funds.
Financing volumes
In total on carrying out spring field works
at the expense of all sources 89,7 billion
tenge are allocated.
Results
Sowing works on the area of 4 million
hectares or 18,2% from total sowing
area are performed.
For stabilization of price of bread and flour 457 thousand
tons of grain for the amount of 12,8 billion tenge are allocated
to the grain processing organizations of regions, and also 86,7
thousand tons of grain for the amount of 2,4 billion tenge are
allocated for support of food supply of poultry-farming and pigbreeding farms.
Realization of project «Development of export
potential of meat КРС for 2011-2015»
Program
«Sybaga»
The holding financed purchase by farmers
of 59,4 thousand heads (141% to the
plan).
Creation of
network of farms
–reproducers
At the expense of funds of Holding 12,8
thousand heads of breeding cattle (106,8%
to the plan) are delivered.
Creation of
network of
feedlots
The network for 17 500 places of feeding
at the expense of own funds of initiators is
created.
Support programs of small and medium
business subjects
Share of small
and medium
business (SMB)
in total volume of
crediting
Regulation of grain market
For ensuring food security, mobilization needs of the Republic
and operative regulation of a situation in the grain market, in the
state resources of JSC “NC “Food corporation” 170,7 thousand
tons of grain are bought for the amount 6,7 billion tenge.
Due to the drought and in order to avoid bankruptcy of SHTP
decisions on prolongation of loans for the amount of 25,8 billion
tenge, from them 21,2 billion tenge given out at the expense
of funds of the budgetary credit are made. Thus the Holding
fulfilled all obligations to the Republican budget.
-32-
97% or 131,2 billion tenge
(+20% to the level of 2011)
It is credited:
- 140 CC for the amount of 15,6 billion
tenge;
Crediting of village - 10 SelPK for the amount of 791,6 million
credit companies, tenge (207 agricultural producers and 378
village consumer personal subsidiary farms);
- 9 SHTP for the amount of 67,2
cooperatives,
million tenge – for development of
nonagricultural
non agricultural business in village
business
(development of network of village
outlets, networks of public catering,
processing of fish, village tourism and
motorway service)
-33-
Realization of investment program
Crediting of the
enterprises of
processing of
agricultural raw
material
14 projects for the amount of 2 030 million
tenge are financed on:
- to meat processing;
- to production of vegetable oil;
- to processing of fruit and vegetable
production;
- to processing of grain and production of
bakery products;
- to production of pasta (macaroni
products).
Microcredit for
village population
3718 microcredits for the amount of
3143,8 million tenge are given out.
Program “Eginzhay” for financing of spring
field works of small agricultural producers
- it is credited of 222 ACP for total amount
of 529,4 million tenge.
In total 11775 people are provided with
work.
Leasing of
agricultural
machinery
Information
marketing support
of AIC
3048 units of equipment for the amount of
30,2 billion tenge of agricultural machinery
(893 units of tractors, 695 units of
combines, 125 units of seeders) 55 units
of sowing complexes, 1280 units of other
agricultural and special machinery are
acquired.
Program “Urozhay-2012” for providing
small and average ACP with grainharvesting equipment of domestic and
Russian production for harvesting 2012
is developed and realized - contracts
for granting in leasing of 442 units of
combines are concluded.
418,1 thousand information and consulting
services are rendered;
43 business plans are developed.
-34-
JSC “National Management Holding “KazAgro” is the main
financial operator on industrial innovatively development of agroindustrial complex at the expense of National fund.
The investment projects financed by Holding, are directed on
increase of labor productivity and are realized with application
of modern production technologies and agricultural products
processing on the basis of the high-performance equipment of
leading producers from Germany, Holland, Israel, Russia. On their
basis it is planned to make training and replication of experience
of introduction of new technologies.
As of 31.12.2012 130 investment projects with total cost of
97,6 billion tenge were approved, also 65 projects for 16,9 billion
tenge were financed in 2012.
Following the results of 2012 31 investment projects, for the
amount of 17 billion tenge, with creation of 1485 workplaces are
put into operation:
Greenhouses
4 projects with capacity up to 8,3
thousand tons of fruit and vegetable
production per year, of 13 hectares,
235 workplaces.
Dairy farms
5 projects with capacity up to 33
thousand tons of dairy products per
year, 179 workplaces.
Feedlots
Vegetable stores
1 project with capacity of 5 thousand
heads of cattle, 23 workplaces.
6 projects with total amount of
storages of 30,5 thousand tons of
vegetables, 81 workplaces
-35-
Production of fruit
and vegetable
3 projects with total area of 749
products with
hectares, 72 workplaces.
application of
technology of a drop
irrigation
Feed production
development
8 projects with capacity up to 59
thousand tons, 82 workplaces.
Construction of
poultry farm
2 projects with capacity up to 22
thousand tons of poultry meat, 760
workplaces.
Reproducers
1 project with capacity of 2 thousand
heads of cattle, 25 workplaces.
Grain stores
1 project with capacity of storage up to
14 thousand tons, 28 workplaces.
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International cooperation
In 2012 in foreign markets loans for total amount of 9 421,5
million tenge are attracted by Holding group of companies. The
main financial institutions regarding attraction were: "Landes
Bank Berlin", "Deere Credit", JSC City Bank Kazakhstan and
Islamic Development bank.
In 2012 it was bought 1871 pieces of equipment and the
equipment for agriculture of foreign production for the purpose
of further transfer to leasing for total amount of 25,9 billion
tenge, and also purchase of cattle in number of 8059 heads
for total amount of 4734,5 million tenge (suppliers – the USA,
Canada, Australia, Russia, Austria, Denmark, the Czech Republic,
Estonia) is financed.
Livestock production for total amount of 192,1 million tenge
was exported by JSC KazAgroOnim, from them to Russia for the
amount of 31,0 million tenge (wool sheepskin, milled footwear,
poultry meat), to Germany for the amount of 161,1 million tenge
(a semi-finished product of chrome tanning "Vet-blue").
In 2012 wheat export from Kazakhstan made 7780,8 million
tons, including JSC “NC “Food corporation” - 77,1 million tons.
The main volumes of export of the Kazakhstan grain traditionally
fall to CIS countries (44,6%).
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Participation in international events
In 2012 representatives of Holding took part:
1. 1. In work of the 6th International specialized exhibition
of animal husbandry and breeding business "AgroFerma"
(February 7-9, 2012, Moscow, the organizer – the Ministry
of agriculture of the Russian Federation).
2. 2. In away event for presentation of investment climate
of Kazakhstan in the road show format (April 10-13, 2012
in the cities of the USA (Washington, New York, Chicago,
Boston, San Francisco) and Canada (Vancouver), the
organizer - JSC “NAEI “KAZNEX INVEST” and the Ministry
of the industry and new technologies of the Republic of
Kazakhstan with support of Embassy of the Republic of
Kazakhstan in the USA).
3. 3. In work of the 5th Astana economic forum (May 20-24,
2012, Astana, Independence Palace, the organizer - ALE
"Eurasian Economic Club of Scientists"). Within the 5th
Astana economic forum the exhibition the "Industrial and
Innovative Capacity of the Republic of Kazakhstan" was
held where the Holding has acted as one of the main
sponsors of the forum, presented an extensive exposition.
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JSC «NC «Food Contract
Corporation»
Ospanov Nurlan Yeleusizovich
Chairman
99 Mission is ensuring
Financial results, 2012/
food security of the country,
mln.tenge
stabilization of the domestic
242 807
grain market and development Assets
of an export potential of the
Own capital
61 840,8
Kazakhstan grain by means
of
effective
management Profits
79 648,7
of resources of grain and
assistance to development of
export infrastructure in grain branch.
99 Strategic directions of activity:
Participation in ensuring food security of the country by means
of development and regulation of domestic markets of food crop
production.
Assistance to development and realization of an export
potential of grain branch.
Participation in creation of hi-tech productions and objects of
infrastructure.
Increase of efficiency of corporate management and
transparency of activity of Corporation.
99 Main activity:
Purchase, storage, transportation, realization of grain;
Realization of investment projects in agriculture.
99 Regional network: 10 regional representative offices,
2 foreign representative offices (1 in Russian Federation, 1 in
China)
99 Group of companies: Affiliated companies – LLC «Astyk
Koimalary», JSC «Ak Bidai -Terminal», JSC«Kazakhstan maktasy»
and LLC «Expert agrarian corporation»; dependant companies –
JSC «Cotton Contract Corporation» and LLC «KazAstykTrans»
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Purchase and sale of grain PKK
Purchase
Realization
Purchase of grain in state resources:
• by means of spring and summer
financing it is purchased 31,2 thousand
tons
• by means of direct purchase in autumn
period it is purchased 139,4 thousand
tons on price 40 000 tenge for ton (for
VAT payers)
Purchase of grain of harvest for 2012
under guarantee SEC:
Spring field and harvest works are
financed on the basis 6 thousand tenge
for 1 hectare of sowing area at expense
of budget credit for amount 13,4 billion
tenge from them:
• obligations are prolonged till November
20, 2013 – 2,8 billion tenge;
• returned by money funds – 7,4 billion
tenge
Debt balance (main debt) – 3,2 billion
tenge
Over 1 859 thousand tons of grain
were realized in domestic market,
including:
•In regime of standard exchange
trade about 182,5 thousand tons;
•By means of stock trade in regime
of anonymous auction 1 000thousand
tons;
•Within Memorandums of measures
of stabilization of prices for pan bread
1 grade, flour 1 grade, and measures
on non-admission of reduction of
number of livestock - 521,7 thousand
tons;
•In export direction – 77,1 thousand
tons of grain.
Over 155,4 thousand tons of grain
are granted as goods credit
Providing protection and transportation of grain
99
99
99
99
100% quantitative and qualitative safety of the state reserve of food grain in
500 thousand tons is provided .
The corporation performed 412 inspections of places of storage of grain
(visual survey), together with authorized body 45 inspections are carried out.
Transportation of the state reserve of a food grain of 17 thousand tons is
provided.
Food grain transportation of 457 thousand tons with HPP main grain sowing
regions of the country on more free HPP for the purpose of release of elevator
capacities is carried out.
JSC «KazAgroFinance»
Rakhimzhanov Gumar Tyulegenovich
Chairman
99 Mission is technical and
technological updating of agroindustrial complex by providing
agricultural producers with
available financial funds, and
also agricultural machinery
and processing equipment on
leasing basis.
Financial results, 2012 /
mln.tenge
Assets
152 296,7
Own capital
84 065,0
Profits
10 829,0
99 Strategic directions of activity:
• Participation in technical and technological modernization
of branch by providing high-quality financial services
in leasing of machinery, equipment and cattle,
implementation of new investment projects
• Increase of level of corporate development and ensuring
transparency of activity of Company
99 Activities:
• Leasing activity in agro-industrial complex.
• Crediting and rendering of financial and other services to
AIC subjects.
• Participation in realization of republican budget and other
programs, directed to development of AIC.
99 Regional network: 13 regional branches.
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-45-
Structure of leasing and
credit portfolio, 2012
Activity
mln.
tenge
Leasing
29 910
Leasing of agricultural
machinery and
transport for
transportation of agro
products
24 113
Leasing of equipment
and special machinery
500
Leasing of equipment
for processing of agro
and fish products
429
Leasing of breeding
cattle
4 868
Crediting
19 641
Crediting of investment
projects
13 295
Crediting for replenish
of current assets
6 346
Share of market in internal
leasing, 2012*
JSC «Agrarian Credit
Corporation»
Malelov Nurlybek Tulebayevich
Chairman
99 Mission is assistance
of
industrialization
and
diversification
of
agrarian
branch by development of
available system of crediting of
AIC subjects.
Financial results, 2012 /
mln.tenge
Assets
86 483
Own capital
64 811,2
Profits
6 841,7
99 Strategic directions of activities:
• Assistance to labor productivity growth by financing of
hi-tech investment projects in branches of agro-industrial
complex.
• Assistance in ensuring food security of the country by
crediting of AIC subjects
• Ensuring the effective and socially focused management
of Corporation assets.
• Improvement of quality of corporate management and
transparency of activity of Corporation
99 Regional network: 13 branches.
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-47-
Structure of financing, 2012
Credit companies
Activity
mln.tg
Crediting
61 531 cooperative association managed by
Crediting of Credit
companies
16 241
Crediting of unions (Agro
production cooperatives)
829
Crediting of non agricultural
activities of small and
medium business in villages
67
Investment projects
1 968
Crediting of agricultural
producers for carrying out
spring field and harvest
works
28 862
Crediting of agricultural
processors
2 030
Crediting of agricultural
producers for cattle
purchase (program Sybaga)
6 068
Other credits
5 466
99CC are special type of the agricultural
the members (agricultural producers)
99CC are subject to the requirements in
accordance with Law of the Republic of
Kazakhstan on credit companies
99From 2001 to 2009, АКК founded 161
CC by participating in initial capital of
every CC, development of programs of
crediting and assistance in participation
of members
99In the present time 163 CC operate
in 160 from 177 administrative districts
of Kazakhstan
CC participants are
increased
Indicators
For
01.01.
2012
For
31.12.
2012
CC
161
162
Agricultural
producers
6 751
8 114
JSC «Fund of financial
support of agriculture»
Sarybayev Narmukhan
Kalmakhanovich
Chairman
99 Mission is development
of agricultural business and
improvement of population
welfare
by
developing
of
effective
system
of
microcrediting in village.
Financial results, 2012 /
mln.tenge
Assets
24 596,4
Own capital
21 799,5
Profits
2 069,5
99 Strategic directions of activity:
• Development of financial infrastructure in village.
• Improvement of policy and internal procedures on
providing financial services.
• Institutional strengthening of microfinancial organizations
in villages.
• Development of system of corporate management of
Fund.
99 Regional network: 12 branches and 2 representative
offices
-48-
-49-
Structure of financing, 2012
Activity
Mln.tg
Crediting
18 221
Loans for purchase of cattle (Program Sybaga)
5 857
Microcrediting of village farmers and villagers
3 144
Crediting of microcredit organizations
Village mortgage
744
JSC «КazAgroProduct»
7 050
Spring field works (Eginzhai)
529
Leasing of greenhouses
698
Other credits
199
Growth of volumes of granted credits
Solyulyov Alexandr Anatolevich
Chairman
99 Mission is ensuring food
security and development of
export potential of livestock field
by support of production and
promotion for export of livestock
production by AIC subjects.
Financial results, 2012 /
mln.tenge
Assets
16 403,9
Own capital
14 382,3
Profits
2 720,4
99 Strategic directions of activity:
• Implementation of hi-tech (innovative) investment projects
for development of livestock field;
• Assistance to development of export potential of livestock
field;
• Participation in ensuring food security of the country by
means of development and regulation of the domestic food
market regarding livestock production;
• Increase of effective management of Company assets;
• Improvement of quality of corporate management,
transparency of activity of Company.
99 Activities:
• Creation of hi-tech investment projects;
• Purchase and processing of livestock products;
• Export of livestock products.
99 Regional network: 3 representative offices, 1 foreign
representative office (in Russian Federation).
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-51-
Results of activity, 2012
Activity
Purchase of livestock
products
Processing of livestock
products
Mln.tenge
Purchase of livestock
products, thousand tenge
JSC «Kazagromarketing»
1 910,8
228,5
Akhmedzhanova Aigul
Toleugazyevna
Export of livestock
products
282,6
Actions on reformation of
breeder cattle
90,5
99 Mission is increase of
competitiveness of production of
agricultural production by means
of providing available information
and marketing and consulting
services.
Chairman
Financial results,
2012 / mln. tenge
Assets
1 901,9
Own capital
1 695,2
Profits
1 119,2
99 Strategic directions of activity:
• Participation in increase of efficiency of agrobusiness by its
information and marketing maintenance;
• Participation in stabilization of the agrofood markets through
their monitoring and analysis;
• Creation of conditions to participants of the agrarian market
on promotion of agricultural production in the internal and
external markets;
• Improvement of quality of corporate management
transparency of activity of Company.
and
99 Regional network: 13 branches, 1 representative office and 160
village information consultation centers.
-52-
-53-
Results of activity, 2012
99
Within
implementation
of
the
budgetary
program
«Information Support of AIC Subjects
on a Gratuitous Basis» 418 060
information, consultation and other
services were rendered to 10 161
enterprises.
99
Within implementation of the
project «Development of Export Potential
of cattle meat» 26 training seminars and
29 courses with total of listeners of 3067
people were organized.
99
In the direction market
researches and the analysis of the
markets of agricultural production
and products of its processing 36
analytical reviews both for subjects
of agrarian business, and for the
central executive bodies, JSC NMH
KazAgro, JSC KazAgroFinance, JSC
Agrarian Credit Corporation, JSC
Prodkorporporation were prepared.
99
4 exhibition and fair events
were organized and held, in which 1470
participants from 583 foreign and domestic
companies took part: V Kazakhstan grain
forum «KAZGRAIN-2012»,
conference
«Veterinary Safety — a basis of a
sustainable development of animal
husbandry of Kazakhstan», Republican
fair of achievements of agro-industrial
complex of Kazakhstan “Karaotkel
zhatmenkesi-2012», VI Kazakhstan grain
forum «KAZGRAIN-2012».
JSC «KazAgroGarant»
Tazhmakin Daulet Kavazovich
Chairman
99 Mission is stimulation of
attraction of investments into
agrarian sector by development
of system of guaranteeing
performance of obligations of
AIC subjects.
Financial results, 2012 /
mln.tenge
Assets
4 050,6
Own capital
4 047,9
Profits
400,6
99 Strategic directions of activity:
• Assistance to development of available financial and
service infrastructure AIC;
• Increase of management efficiency of Company assets;
• Improvement of quality of corporate management and
transparency of activity of Company
99 Main activity:
• guaranteeing performance of obligations according to
grain receipts;
• guaranteeing performance of obligations according to
cotton receipts;
• guaranteeing performance of obligations of AIC subjects
on loans (credits), leasing provided by financial institutions.
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-55-
Results of activity, 2012
Effect
99 Participants of system of guaranteeing
performance of obligations according to
grain receipts - 5 HPP or 2,3% of total of all
licensed HPP in the republic.
99 The total amount of the guaranteed
HPP grain of participants of system of
guaranteeing - 536,3 thousand tons or 3,8%
of the total technical capacity of storage of all
licensed HPP.
99 Amount of conditional obligations: 14,4
billion tenge.
99 Participants of system of guaranteeing
performance of obligations according to cotton
receipts - 4 HPO from 17 licensed HPO.
99 The total amount of the guaranteed cotton
raw made about 15,0 thousand tons.
99 Amount of conditional obligations: 937,5
million tenge.
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By results of creation of nationwide rating of the enterprises of
the Republic of Kazakhstan
«National business rating»
Company by the results of
2011-2012 is recognized as the
leader of field among the nonfinancial organizations – subjects
of medium business in the
nomination «Indicators of
Assets and Obligations»