SAKU ÕLLETEHAS

BALANCE SHEET



GROUP BALANCE SHEET, AS OF 30.06.2000



(in thousand EEK)

 

                                       Group*    Group    Group*     Group

                                                       corrected corrected

                                     30.06.00 31.12.99  30.06.99  31.12.98



ASSETS



Cash and bank  (appendix 2)             9,868   28,176    16,501    25,329

Marketable securities (appendix 3)      3,958    5,021     6,763

Customer receivables (appendix 4)      47,734   32,191    54,885    25,022

Other receivables and

prepayments (appendix 5)                6,622   29,624     9,018    34,218

Inventories (appendix 6)               74,489   61,354    61,996    56,576

TOTAL CURRENT ASSETS                  142,671  156,366   149,163   141,145



NON-CURRENT ASSETS

Long-term financial assets

(appendix 7)                              211       71     1,591     3,543

Long-term receivables (appendix 8)        964

Tangible assets (appendix 9)          224,318  193,027   197,495   172,802

TOTAL NON-CURRENT ASSETS              225,493  193,098   199,086   176,345



TOTAL ASSETS                          368,164  349,464   348,249   317,490



LIABILITIES AND OWNERS' EQUITY



CURRENT LIABILITIES

Supplier payables                      33,702   15,510    35,728     8,600

Payables to parent company              2,877    1,240       113     1,169

Tax liabilities (appendix 10)          13,122    7,815    15,367    13,022

Salary-related accrued expenses         2,874    5,416     4,186     4,221

Other accrued expenses                  2,102      612     4,009       616

TOTAL CURRENT LIABILITIES              54,677   30,593    59,403    27,628



Share capital                          80,000   80,000    80,000    80,000

Mandatory legal reserve                 8,000    8,000     8,000     8,000

Other restricted reserves              44,070   44,070    44,070    44,070

Retained earnings                     142,176  125,792   125,792   114,095

Net profit for the year                39,241   61,009    30,984    43,697

TOTAL OWNERS' EQUITY                  313,487  318,871   288,846   289,862



TOTAL LIABILITIES AND OWNERS' EQUITY  368,164  349,464   348,249   317,490

* - consolidated,

unaudited





Ruth Roht

Public Relations Manager

+372 6 508 303