AS HARJU ELEKTER

BALANCE SHEET

30.09.99

 

 

Consolidated/unaudited

in thousand EEK

 

                                                               Parent                       Group

ASSETS                                                       30.09.99      30.09.98      30.09.99      30.09.98

Cash and bank                                                   12034          8975         12695          9511

Marketable securities                                             485           542           485           542

Total accounts receivable                                       10212         11290         11482         12316

Receivables from parent company/subsidiary                        553           156             0             0

Other receivables                                                 673           437           702           444

Accrued income                                                     59             6            59             6

Prepaid expenses                                                  218           160           218           161

Prepaid taxes                                                    1889            43          1979           122

Total current receivables                                       13603         12092         14440         13048

Total liquid assets                                             26121         21609         27619         23101

Raw materials and inventories                                   12551         18573         14847         20038

Goods                                                            3563          3209          3781          3353

Prepayments to suppliers                                          950           517           950           532

Total inventories                                               17063         22299         19578         23923

TOTAL CURRENT ASSETS                                            43185         43908         47197         47024

Stock and shares in subsidiaries                                 3269          2701             0             0

Stock and shares in affiliated companies                        17664         14329         17787         15974

Other shares                                                     1554          1554          1554          1554

Other long-term receivables                                       465           239           465           239

Other receivables from parent/subsidiaries                        434           785             0             0

Total financial investments                                     23386         19608         19806         17767

Plant and equipment                                             41375         24115         41375         24115

Other equipment and fixtures                                    21244         19755         26719         24961

Other inventory                                                  1676          1558          1985          1833

Accumulated depreciation                                       -16516        -13922        -17905        -14801

Unrealized capital investments                                  11673         10262         11656         10262

Prepayments for fixed assets                                      564             0           564             0

Total tangible assets                                           60015         41768         64396         46370

Goodwill                                                            0             0           329           193

TOTAL NON-CURRENT ASSETS                                        83401         61376         84530         64330

TOTAL ASSETS                                                   126586        105284        131727        111354

LIABILITIES AND OWNERS' EQUITY

Debentures                                                          0             0           158           176

Current period repayment of long-term loans                      1467          1013          1467          1013

Short-term loans from credit institutions                         436          1531           436          1531

Customer prepayments                                              938          1002           992          1013

Supplier payables                                                7500          6815          8436          7484

Other short-term borrowings                                        51            31            51            31

Tax liabilities                                                  5328          4940          5670          5415

Accrued expenses                                                 3506          3141          3856          3427

TOTAL CURRENT LIABILITIES                                       19227         18473         21065         20089

Non-convertible debt                                                0             0          1361          1934

Long-term bank loan                                             26270         20694         26270         20694

Deferred income tax liability                                    2495          1870          3051          1870

TOTAL NON-CURRENT LIABILITIES                                   28765         22564         30683         24498

TOTAL LIABILITIES                                               47992         41037         51749         44587

Share capital                                                   18000         18000         18000         18000

Reserves                                                         3610          2010          3610          2010

Retained earnings                                               44169         32614         44169         32614

Net profit for the year                                         12815         11623         14199         14143

TOTAL OWNERS' EQUITY                                            78594         64247         79978         66767

TOTAL LIABILITIES AND OWNERS' EQUITY                           126586        105284        131727        111354

 

 

 

Karin Padjus

Chief Accountant

+372 67 47 403