Reval Hotelligrupi AS

BALANCE SHEET

30.06.99

 

Consolidated, unaudited

in thousand EEK							     

                                                                     30.06.99    31.12.98

ASSETS

Current assets

  Cash and cash equivalents                                            37,850      21,474

  Accounts receivable                                                  10,690       6,525

  Other receivables                                                     1,569       2,568

  Accrued income                                                            0       1,634

  Prepaid revenues                                                      4,570       1,355

  Inventories                                                           3,327       3,891

Total current assets                                                   58,006      37,448

Non-current assets

  Long-term financial investments                                      28,892      21,967

  Tangible assets                                                     266,223     276,183

  Intangible assets                                                     5,922       7,111

  Prepayments for fixed assets                                              0           0

Total non-current assets                                              301,037     305,261

Deferred income tax                                                       482         482

TOTAL ASSETS                                                          359,525     343,191

 

 

LIABILITIES AND OWNERS EQUITY

Current liabilities

  Current period share of non-current liabilities                      38,591      45,897

  Customer prepayments                                                    634         531

  Supplier payables                                                     4,083       6,179

  Other payables                                                          253         577

  Tax liabilities                                                       3,931      13,184

  Accrued expenses                                                     10,310       7,030

Total current liabilities                                              57,802      73,398

Non-current liabilities

  Long-term debt                                                      148,602     148,602

  Deferred income tax                                                   5,840       5,840

  Shareholders' contribution                                           24,134

Total non-current liabilities                                         178,576     154,442

OWNERS EQUITY

  Share capital                                                        40,884      40,884

  Capital surplus                                                      12,032      12,032

  Mandatory reserve capital                                             2,552       1,363

  Retained earnings                                                    59,883      37,298

 

  Net profit for the year                                               7,796      23,775

TOTAL OWNERS EQUITY                                                   123,147     115,351

TOTAL LIABILITIES AND OWNERS EQUITY                                   359,525     343,191