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KCEL 2026-03-31 Q1 — report review

Status: PARTIAL; Currency: KZT; Amounts unit: millions; Forms:

Report published: Not stored for this period — set financial_report_date on the row (EDGAR filingDate, KASE change_date, or manual_catalog).

Full financial report: Report (PDF)

PDF: Open the filing PDF (primary document)

To recalculate statement detection and previews from the PDF, use this link The default link runs in the background: a status panel shows phase, elapsed time, rough ETA, CUDA vs CPU, and OOM hints, then loads the finished report. Heavy mode with refresh does this automatically so reverse proxies do not return 502. Add &sync=1 only for one long blocking request (not recommended). You can use ?refresh=1, ?recalc=1, ?nocache=1, or ?recompute=1 on the URL. (block in the browser until done: synchronous refresh)

Default view is fast (metric table + statement page numbers only) so reverse proxies do not time out. Use ?heavy=1 when you need embedded page images and Camelot tables.

Metric mapping (value → extracted evidence)

Metric values use dashboard units where applicable; evidence is the stored snippet from the PDF text layer or OCR used during extraction.

MetricValueEvidence / page extract
Revenue68 497Row: contract revenue 67 028 plus government grants 1 469, the basis this card uses: the comparative 58 952 plus 1 463 is the 60 415 it already holds for the first quarter of 2025, recognised from 2026-03-31_Q1_financial-statements-1q-2026.pdf · dashboard=68,497.000 mln — contract revenue 67 028 plus government grants 1 469, the basis this card uses: the comparative 58 952 plus 1 463 is the 60 415 it already h …
Operating profit12 053Row: the statement's operating profit line, page 4, recognised from 2026-03-31_Q1_financial-statements-1q-2026.pdf · dashboard=12,053.000 mln · pages 4 — the statement's operating profit line, page 4, recognised from 2026-03-31_Q1_financial-statements-1q-2026.pdf
D&A14 479Row: depreciation of property 8 975 plus amortisation of intangibles 5 504, page 6, recognised from 2026-03-31_Q1_financial-statements-1q-2026.pdf · dashboard=14,479.000 mln · pages 6 — depreciation of property 8 975 plus amortisation of intangibles 5 504, page 6, recognised from 2026-03-31_Q1_financial-statements-1q-2026.pdf
EBITDA26 532Row: operating profit 12 053 plus depreciation and amortisation 14 479, recognised from 2026-03-31_Q1_financial-statements-1q-2026.pdf · dashboard=26,532.000 mln — operating profit 12 053 plus depreciation and amortisation 14 479, recognised from 2026-03-31_Q1_financial-statements-1q-2026.pdf
Net profit4 294Row: profit for the period, page 4, recognised from 2026-03-31_Q1_financial-statements-1q-2026.pdf · dashboard=4,294.000 mln · pages 4 — profit for the period, page 4, recognised from 2026-03-31_Q1_financial-statements-1q-2026.pdf
Cash32 444Row: Cash and cash equivalents at the beginning of the period · value=32,444,000 · pages 7 — [BS OCR v8 pages 7] Cash and cash equivalents at the beginning of the period value=32444000.0
Debt short55 576Row: primarily reflects the classification of short-term loans and borrowings in the amount of 55,576 million tenge, as well as · dashboard=55,576.000 mln · pages 9 — [BS page 9] primarily reflects the classification of short-term loans and borrowings in the amount of 55,576 million tenge, as well as
Debt long0Row: not found · dashboard=0.000 mln · pages 9 — [BS page 9] not found
Net debt23 132Components: short debt 55 576 + long debt 0 + other financial liab. 0 + NCI 0 − cash 32 444 = net debt 23 132.Row: debt_short + debt_long + other_financial_liabilities + non_controlling_interest − cash (from row components) · dashboard=23,132.000 mln — debt_short + debt_long + other_financial_liabilities + non_controlling_interest − cash (from row components)
Operating CF1 935Row: net cash inflows from operating activities, page 6, recognised from 2026-03-31_Q1_financial-statements-1q-2026.pdf · dashboard=1,935.000 mln · pages 6 — net cash inflows from operating activities, page 6, recognised from 2026-03-31_Q1_financial-statements-1q-2026.pdf
Investing CF20 981Row: Net cash flows used in investing activities · value=20,981 · pages 3, 4, 5, 6, 7 — [CF OCR v8 pages 3,4,5,6,7] Net cash flows used in investing activities value=20981.0
Assets521 396Row: total assets, page 3; the comparative 526 150 is December, recognised from 2026-03-31_Q1_financial-statements-1q-2026.pdf · dashboard=521,396.000 mln · pages 3 — total assets, page 3; the comparative 526 150 is December, recognised from 2026-03-31_Q1_financial-statements-1q-2026.pdf
Equity200 077Row: total equity at 31 March, from the statement of changes in equity, page 5, recognised from 2026-03-31_Q1_financial-statements-1q-2026.pdf · dashboard=200,077.000 mln · pages 5 — total equity at 31 March, from the statement of changes in equity, page 5, recognised from 2026-03-31_Q1_financial-statements-1q-2026.pdf

Net debt structure (leases included, IFRS 16)

Short-term debt (incl. ST leases)55 576
Long-term debt (incl. LT leases)0
− Cash & equivalents32 444
Net debt23 132

Net debt / LTM EBITDA: 0.2x

EBITDA → net profit bridge

EBITDA26 53238.7% of revenue
− D&A14 479
= Operating profit (EBIT)12 053 17.6% of revenue
− Net finance costs, tax and other — derived7 759
= Net profit4 2946.3% of revenue

The finance-costs/tax line is derived as EBIT minus net profit; see the filing PDF above for the detailed split.

Consistency checks · Warnings

Balance sheet identity (A = L + E)TA (521,396) ≈ TL (321,319) + TE (200,077); residual +0 within 1%.
Net debt formulanet_debt 23,132 matches |debt_short|+|debt_long|+|other|+|NCI|−|cash| = 23,132.
EBITDA = OP + D&AEBITDA (26,532) ≈ OP (12,053) + D&A (14,479) = 26,532.
Net profit vs operating profitNet profit (4,294) sits within a plausible band vs operating profit (12,053).
Cash ≤ total assetsCash (32,444) ≤ total assets (521,396).
Debt step-change vs prior periodTotal interest-bearing debt fell 67% vs prior period (166,731 → 55,576). Financing cash flow not extracted — can't verify the move was real (could be an OCR miss of a major debt line).

Statement pages (discovery)

FormPages
P&L8, 9, 10
BS8, 9, 10
CF8, 9, 10

Statement previews & reconstructed tables

Embedded PDF thumbnails and Camelot reconstruction are omitted in the default view to avoid gateway timeouts and huge HTML. Open full previews & tables (?heavy=1).

Formulas used