13.10.1999, Trigon Property Development, TLN

AS VIISNURK

BALANCE SHEET

30.09.1999

 

 

Unaudited

in thousand EEK

 

                                                 9/30/99     12/31/98      9/30/98

ASSETS

 

CURRENT ASSETS

Cash and bank                                      9,934        4,736        5,220

Marketable securities                              3,223          343          821

Accounts receivable                               32,232       38,065       33,151

Other receivables                                    457          289          100

Prepaid expenses                                   3,585        1,448        2,216

Inventories

Raw materials                                     13,908       11,957       14,156

Work-in-progress                                  17,954       11,962       12,518

Finished goods                                    17,840       16,067       17,741

Merchandise purchased for resale                   3,920        4,038        3,293

Prepayments to customers                             767        1,602        1,123

Total                                             54,389       45,626       48,831

 

TOTAL CURRENT ASSETS                             103,820       90,507       90,339

 

NON-CURRENT ASSETS

Long-term financial investments                      605          605        4,105

Tangible assets

Plant and equipment                               33,036       39,673       28,839

Other equipment and fixtures                      64,727       59,844       53,518

Other inventories                                  4,642        4,337        4,155

Accumulated depreciation (-)                     -47,160      -42,037      -39,804

Unfinished building                                8,782        4,218       12,052

Total                                             64,027       66,035       58,760

Intangible assets                                    515          595          642

 

TOTAL NON-CURRENT ASSETS                          65,147       67,235       63,507

 

TOTAL ASSETS                                     168,967      157,742      153,846

 

 

LIABILITIES AND OWNERS' EQUITY

 

CURRENT LIABILITIES

Borrowings                                         6,468       17,367       17,673

Customer prepayments                               2,298           78          457

Supplier payables                                 13,686       18,089       15,035

Tax liabilities                                    3,902        2,958        5,763

Accrued expenses                                   4,316        6,287        3,145

 

TOTAL CURRENT LIABILITIES                         30,670       44,779       42,073

 

NON-CURRENT LIABILITIES

Long-term borrowings                              32,811       21,535       27,113

Other long-term debt                               1,093          307        3,603

Potential income tax liability                     2,859        2,859        3,462

 

TOTAL NON-CURRENT LIABILITIES                     36,763       24,701       34,178

 

TOTAL LIABILITIES                                 67,433       69,480       76,251

 

MINORITY INTEREST                                               2,809            0

 

OWNERS' EQUITY

Share capital in nominal value                    44,990       44,990       44,991

Capital surplus                                   11,332       11,332       11,332

Mandatory reserve capital                          1,514          634          634

Retained earnings                                 28,225       10,908        9,959

Net profit for the year                           15,473       17,589       10,679

 

TOTAL OWNERS' EQUITY                             101,534       85,453       77,595

 

TOTAL LIABILITIES AND OWNERS' EQUITY             168,967      157,742      153,846

 

 

 

Andrus Aljas

Financial director

+372 44 78 355