AS EESTI TELEKOM

BALANCE SHEET

31.03.99

 

Balance sheet, IAS, unaudited

 

EEK thous.

 

 

                                                    G R O U P                   ESTONIAN TELECOM

 

                                                    31.03.99      31.03.98       31.03.99      31.03.98

A S S E T S

Non-current assets

Property, plant and equipment                       2,781,571     2,531,183         2,209           743

Goodwill                                               13,254        16,638             0             0

License, patents and  trademarks                       43,317        41,947             0             0

Development costs                                         492         1,037             0             0

Investments in associates                               2,588             0             0             0

Other investments                                         218           855     1,926,391       797,108

Other receivables                                       1,405         1,525       384,967       384,967

Deferred tax assets                                   109,700       100,379             0             0

                                                    2,952,545     2,693,564     2,313,567     1,182,818

Current assets

Inventories                                           114,719       122,108            29           281

Trade and other receivables                           532,679       381,246       179,697       151,896

Short-term investments                                 48,936        18,412        48,936        18,412

Cash and cash equivalents                             350,413       302,386        56,202        54,620

                                                    1,046,747       824,152       284,864       225,209

 

Total assets                                        3,999,292     3,517,716     2,598,431     1,408,027

 

EQUITY  AND  LIABILITIES

Capital and reserves

Issued capital                                      1,373,833       735,000     1,373,833       735,000

Reserves                                              335,444        30,003       335,444        30,003

Accumulated profits                                   885,500       584,960       885,500       584,960

                                                    2,594,777     1,349,963     2,594,777     1,349,963

Minority interest

Subsidiary companies                                    3,231       767,124             0             0

Non-current liabilities

Interest - bearing loans and borrowings               594,017       658,486             0             0

Deferred tax liabilities                               68,265        50,953             0             0

                                                      662,282       709,439             0             0

Current liabilities

Trade and other payables                              639,547       556,839         3,654        58,064

Interest - bearing loans and borrowings                99,455       134,351             0             0

                                                      739,002       691,190         3,654        58,064

 

Total equity and liabilities                        3,999,292     3,517,716     2,598,431     1,408,027