NORMA

BALANCE SHEET



PARENT COMPANY BALANCE SHEET 06/00



Thousands  of kroons



Assets                                30.06.2000  31.12.1999

                                                  

                                          

Current assets                                  

  Cash and bank accounts                  99 402      89 129

  Markstable securities                   85 652      58 143

  Accounts recevable                     137 275     118 837

  Allowance for doubtful receivables     -11 856     -14 491

  Other recevables and prepayments         5 464      10 617

  Inventiries                             44 609      49 578

Total current assets                     360 841     311 813

Non-current assets                                      

  Long-term financial assets              67 685      90 360

  Property, plant and equipment           84 892      91 937

  Intangible assets                          498         870

Total non-current assets                 147 211     176 812

Total assets                             513 916     494 980

                                                        

 Liabilities  and  shareholders´  equity

            

Liabilities                                             

Current liabilities                                     

  Accounts payable abd accrued            43 922      56 041

expenses

  Short-term loans                        13 320      26 656

Total current liabilities                 57 242      82 697

Long-term liabilities                                   

  Non-current loans                       26 672      26 672

Total non-current liabilities             26 672      26 672

Total liabilities                         83 914     109 369

Owners` equity                                          

  Share capital (par value)              132 000     132 000

  Retained earning and reserves          213 688     146 023

  Net profit                              84 314     107 588

Total owners´ equity                     430 002     385 611

Total liabilities and owners´ equity     513 916     494 980





Peep Siimon

Chairman of the Board

6500-442