AS BALTIKA

BALANCE SHEET

 

CONSOLIDATED AUDITED BALANCE SHEET 31.12.1999

 

Consolidated, audited

thousand EEK

 

ASSETS                                        31.12.1999  31.12.1998

CURRENT ASSETS

Cash and bank                                     16,588       5,697

Marketable securities                              6,194         616

Customer receivables                              36,259      48,204

Other receivables                                  7,838       6,179

Prepaid income tax                                 2,657       4,417

Inventories                                       95,765     113,075

TOTAL CURRENT ASSETS                             165,301     178,188

NON-CURRENT ASSETS

Long-term financial assets                         1,081       1,609

Total tangible assets                             49,931      48,906

Land and buildings                                33,523      31,690

Plant and equipment                               56,289      53,178

Other inventories                                 20,879      17,029

Accumulated depreciation                         -60,760     -53,145

Prepayments for non-current assets                     0         154

Intangible assets                                  1,875       1,931

TOTAL NON-CURRENT ASSETS                          52,887      52,446

TOTAL ASSETS                                     218,188     230,634

 

LIABILITIES AND OWNERS' EQUITY

CURRENT LIABILITIES

Debt obligations                                  45,697      57,865

Customer prepayments for goods and services          157          85

Supplier payables                                 20,166      18,315

Income tax liabilities                               191           0

Other tax liabilities                              3,731       6,464

Accrued expenses                                  11,598       7,849

TOTAL CURRENT LIABILITIES                         81,540      90,578

NON-CURRENT LIABILITIES

Long-term debt                                    12,939      18,118

Long-term provisions                                   0         734

TOTAL NON-CURRENT LIABILITIES                     12,939      18,852

TOTAL LIABILITIES                                 94,479     109,430

Minority interest                                  8,988       7,963

OWNERS' EQUITY                                   114,722     113,241

Share capital                                     48,000      48,000

Capital surplus                                   24,039      23,980

Restricted reserves                               22,885      22,891

Retained earnings                                 19,151      17,192

NET PROFIT (-LOSS) FOR THE FINANCIAL YEAR          1,193       1,945

Treasury shares (less)                              -546        -767

TOTAL LIABILITIES AND OWNERS' EQUITY             218,189     230,634

 

Ülle Järv

Member of the Management Board

+372 63 02 741