The purpose of this Integrated Annual Report is to inform readers about the material aspects of the business of joint stock company (JSC) Kazatomprom (the Company), Kazakhstan’s national atomic company.

With this report, the Company aims to help investors and other stakeholders understand how it formulates its development strategy, manages its operations, achieves its financial performance, ensures the long-term sustainability of its business and develops value for stakeholders and interested parties. It addresses the following questions.

  • What do the Company, its subsidiaries, associates and joint ventures do?
  • In what environment does the Company operate?
  • How will the Company’s corporate-governance structure provide for value creation for stakeholders in the short, medium and long term?
  • What is the Company’s business model?
  • What are the main risks and opportunities influencing the Company’s ability to create value for stakeholders in the short, medium and long term, and how are these being managed?
  • What are the Company’s goals, aims and objectives, and how does it intend to achieve them?
  • To what extent has the Company met its goals, aims and objectives for the reporting period, and what has been the effect on its valuation for stakeholders?
  • What are the key challenges and uncertainties the Company is likely to face in pursuing its development strategy and what are the potential implications for its business model and future performance?