HÜVITUSFOND

BALANCE SHEET

30.06.99

 

audited

in EEK

 

ASSETS                                              30.06.1999          31.12.1998

CURRENT ASSETS

1.Cash and bank                                         77,292             154,115

2.Marketable securities                                521,353             268,005

2.1.Bonds                                              345,168             162,808

2.2.Shares and units                                   176,185             105,198

 

3.Other receivables                                    167,807             220,108

3.1.Receivables from subsidiaries                        6,104              31,000

3.2.Receivables from associated companies               47,508              54,346

3.3.Other current receivables                          114,195             134,762

4.Accrued income                                        69,935              38,593

5.Prepaid expenses                                       3,786               5,143

5.1.Prepaid/refundable tax receivables                     837                 461

5.2.Other prepaid expenses                               2,949               4,682

Total current assets                                   840,173             685,964

 

NON-CURRENT ASSETS

6.Long-term financial investments                      863,257             744,280

6.1.Units and shares in subsidiaries                     5,888              20,182

6.2.Non-current receivables from subsidiaries          118,608              45,600

6.3.Units and shares in associated companies             7,597              20,377

6.4.Non-current receivables from associated c           27,000              33,869

6.5.Other shares                                           269                 266

6.6.Other long-term investments                                             17,675

6.7.Other non-current receivables                      851,901             756,292

6.8.Allowance for doubtful accounts                   -148,006            -149,982

 

7.Tangible assets                                        7,949              16,426

7.1.Non-current assets                                  11,881              21,096

7.3.Accumulated depreciation                            -3,932              -4,670

 

8.Intangible assets                                        161                 236

TOTAL NON-CURRENT ASSETS                               871,367             760,942

 

TOTAL ASSETS                                         1,711,540           1,446,906

 

LIABILITIES AND OWNERS' EQUITY

LIABILITIES

Current liabilities

9.Debt to credit institutions                          247,135             263,137

9.1. Bonds issued                                      240,000             240,000

9.2. Other short-term loans                              7,135              23,137

 

10. Bonds issued                                        42,166                   0

11.Supplier payables                                       633                 870

12.Other payables                                        3,919               4,977

13.Tax liabilities                                         338                 403

14.Accrued expenses                                     16,541              17,887

14.1.Interests                                          16,310              17,583

14.2.Salary-related payables                               231                 304

Total current liabilities                              310,733             287,274

 

Non-current liabilities

15.Bonds issued                                        438,261             438,261

16.Other non-current liabilities                         1,278               1,106

Total non-current liabilities                          439,539             439,367

 

17.Fund in the beginning of period                     720,264             926,985

18.Change                                              241,003            -206,721

19.Fund at the end of period                           961,267             720,264

 

TOTAL LIABILITIES AND OWNERS' EQUITY                 1,711,540           1,446,906

 

 

Jaanus Kosemaa

Public Relations Manager

Hüvitusfond

+3726651800, +3726651824, +3725104614