AS EMV

BALANCE SHEET

31.03.1999

 

Consolidated, unaudited

in thousand EEK

 

                                             Group    Group   AS EMV   AS EMV

                                         

                                          31.03.99 31.03.98 31.03.99 31.03.98

ASSETS                                                                       

Cash and bank                                2 310   12 864      239    5 984

Marketable securities                            2      569        2        8

Accounts receivable                         37 709   85 581   30 257   64 960

Other receivables                           37 993   35 291   54 093   55 661

Accrued income                                   9        0        0        0

Prepaid expenses                            23 908   26 593   22 269   23 959

   incl. prepaid income tax                     36      879        0      879

Inventories                                 22 280   28 849    3 514    8 649

Total current assets                       124 211  189 747  110 374  159 221

                                                                             

Long-term financial investments             13 746    5 035   25 997   19 298

Tangible assets                             98 878  107 279   76 446   86 210

Intangible assets                              174      329        0        0

Goodwill                                       267        0        0        0

Total non-current assets                   113 065  112 643  102 443  105 508

                                                                             

Total assets                               237 276  302 390  212 817  264 729

                                                                             

LIABILITIES                                                                   

Debt obligations                            46 225   56 717   39 238   52 228

Customer prepayments                        31 415   48 730   28 206   26 057

Accounts payable                            54 982   55 050   45 439   50 073

Other payables                                   0       19    3 455    3 083

Tax liabilities                              5 230   11 259    3 886    8 888

   incl. corporate income tax                  764    4 275        0    4 204

Accrued expenses                             7 998   10 375    7 026    8 922

Short-term provisions                        2 285       82    2 114       82

Other prepaid revenue                        4 137   12 300    2 142   11 124

Total current liabilities                  152 272  194 532  131 506  160 457

                                                                             

Long-term debt obligations                   9 981   15 554    8 595   11 394

Otehr long-term borrowings                   1 235    4 094    1 235    4 094

Long-term provisions                         4 367    6 852    2 655    5 527

Total non-current liabilities               15 583   26 500   12 485   21 015

                                                                             

Minority interest                              595      921        0        0

                                                                             

OWNERS EQUITY                                                              

Share capital                               47 400   47 400   47 400   47 400

Mandatory reserve capital                    4 740    3 555    4 740    3 555

Retained earnings                           23 391   27 077   23 391    1 021

Net profit for the financial year           -6 766    2 405   -6 766   31 281

Exchange differences                            61        0       61        0

Total liabilities and owners' equity        68 826   80 437   68 826   83 257

                                                                             

KOHUSTUSED JA OMAKAPITAL KOKKU             237 276  302 390  212 817  264 729