Halyk Bank AO : Interim Condensed Consolidated Financial Information (Unaudited) for the sixmonths ended 30 June 2016

Interim Condensed Consolidated Financial Information (Unaudited) For the six months ended 30 June 2016

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STATEMENT OF MANAGEMENT'S RESPONSIBILITIES FOR THE PREPARATION AND APPROVAL

OF THE INTERIM CONDENSED CONSOLIDATED FINANCIAL INFORMATION

FOR THE SIX MONTHS ENDED 30 JUNE 2016 (UNAUDITED) 1

INDEPENDENT AUDITOR'S REPORT ON REVIEW OF THE INTERIM CONDENSED CONSOLIDATED FINANCIAL INFORMATION 2

INTERIM CONDENSED CONSOLIDATED FINANCIAL INFORMATION FOR THE SIX MONTHS ENDED 30 JUNE 2016 (UNAUDITED):

Interim consolidated statement of financial position (unaudited) 3

Interim consolidated statement of profit or loss (unaudited) 4

Interim consolidated statement of other comprehensive income (unaudited) 5

Interim consolidated statement of changes in equity (unaudited) 6-7

Interim consolidated statement of cash flows (unaudited) 8-9

Selected explanatory notes to the interim condensed

consolidated financial information (unaudited) 10-48

STATEMENT OF MANAGEMENT'S RESPONSIBILITIES FOR THE PREPARATION AND APPROVAL

OF THE INTERIM CONDENSED CONSOLIDATED FINANCIAL INFORMATION

• ·f.OR THE SIX MONTHS ENDED 30 JUNE 2016 (UNAUDITED)

  Management is responsible for the preparation of the interim condensed consolidated financial information that presents fairly the consolidated financial position of JSC Halyk Bank ("the Bank") and its subsidiaries (collectively -"the Group") as at 30 June 2016, the results of its operations for the three and six months then ended, and cash flows and changes in equity for the six months then ended, in accordance with International Accounting Standard 34 "Interim Financial Reporting" ("lAS 34").

  In preparing the interim condensed consolidated financial information, management is responsib le for:

  • Properly selecting and applying accounting pol icies;

  • Presenting information, including accounting policies, in a manner that provides relevant, reliable, comparable and understandable information;

  • Provid ing additional disclosures when compl iance with the specific requirements in IAS 34 are insufficient to enable users to understand the impact of particular transactions, other events and conditions on the Group's consol idated financial position and financial performance; and

  • Making an assessment of the Group's abil ity to continue as a going concern. Management is also responsible for:

  • Designing, implementing and maintaining an effective and sound system of internal controls, throughout the Group;

  • Maintaining adequate accounting records that are sufficient to show and explain the Group's transactions and disclose with reasonable accuracy at any time the consolidated financial position of the Group, and which enable them to ensure that the interim condensed consolidated financial information of the Group comply with lAS 34;

  • Maintaining accounting records in compliance with the Republic of Kazakhstan legislation;

  • Taking such steps as are reasonably available to them to safeguard the assets of the Group; and

  • Preventing and detecting fraud and other irregularities.

The i.nterim :

•

condensed

consolidated financial informati on of the Group for the six months ended

30 Jurie 2016.was authorized for issue by the Management Board on 15 August 2016.

. i

. ...

15 August 2016

A Imaty, Kazakhstan

Deloitte, LLP

36 Al Farabi Ave., Almaty , 050059,

Republic of Kazakhstan

Tel: +7 (727) 258 1340

..

Fax:+7 (727) 258 134 1

deloine.kz

INDEPENDENT AUDITOR' S REPORT ON REVIEW

OF THE INTERIM CONDENSED CONSOLIDATED FINANCIAL INFORMATION

To the Shareholders and Board of Directors of JSC Halyk Bank:

Introd uction

We have reviewed the accompanying interim consol idated statement of financial position of JSC Halyk Bank ("the Bank") and its subsidiaries (collectively - "the Group") as at 30 June 2016 and the related interim consolidated statements of profit or loss, and other comprehensive income for the three and six months then ended, and interim consolidated statements of changes i n equity and cash flows for the six months then ended, and a summary of significant accounting policies and other explanatory notes. Management of the Group is responsible for the preparation and presentation of this interim condensed consolidated financial information in accordance with International Accounting Standard 34 "Interim Financial Repo1ting" ("IAS 34"). Our responsibility is to express a conclusion on this interim condensed consolidated financial information based on our review .

Scope of review

We conducted our review in accordance with Internationa l Standard on Review Engagement s 2410 "Review of Intt:;rirn. Financial Information Pe1formed by the Independent Aud itor of the Entity". A review of the interim condensed consolidated financial information consists of making inquiries, primarily of persons responsible for fin,ancial and accounting matters, and applying analytical and other review procedures. A review is sustantjlly less in scope than an aud it conducted in accordance with International Standards on Auditng and consequently does not enable us to obtain assurance that we would become aware of all signicant mtters that might be identified in an audit. Accord ingly, we do not express an audit opin ion.

'

Concusion

Based on b revi 7w, ,BOthing l1as come to our attention that causes us to believe that the accompanying interim co1idensed consolidated financial information is not prepared , in all material respects, i n accordance with IAS 1'.'lnterim Financial Reporting".

D.eio ' L-t?

15 August 2916 Almaty, Kazakhstan

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