TALLINNA KAUBAMAJA AS

BALANCE SHEET

30.09.99

 

Consolidated/unaudited

in thousand EEK

 

ASSETS                                                  30'09'99       30'09'98       31'12'98

CURRENT ASSETS

Cash and bank                                             11 988          3 789         22 737

Accounts receivable                                        2 382         16 965          2 389

Allowance for doubtful accounts                             -216           -182           -225

Other receivables                                          1 809              0          6 649

Other current receivables                                  1 809              0          6 649

Accrued income                                                70              2            715

Interest receivables                                          70              2            715

Prepaid expenses                                          10 615         24 040          5 713

Prepaid/refundable tax receivables                         9 232         15 525          3 063

Other prepaid expenses                                     1 382          8 515          2 650

Inventories                                              119 323        112 135        105 911

Raw materials                                              1 845          2 175          1 931

Work-in-process                                               10             14             15

Merchandise purchased for resale                         117 469        107 209        100 812

Prepayments to suppliers                                       0          2 737          3 153

TOTAL CURRENT ASSETS                                     145 970        156 750        143 889

NON-CURRENT ASSETS

Long-term financial investments                           21 926         12 943         19 645

Stock and shares in affiliated companies                   2 212          3 593          3 362

Long-term receivables from affiliated companies           12 410          9 350          9 910

Investments in securities                                  4 054              0          6 373

Other investments                                          3 250              0              0

Tangible assets                                          214 284        218 839        229 713

Land and buildings                                       176 055        166 768        166 823

Plant and equipment                                       45 455         32 414         45 861

Other equipment and fixtures                              99 457         92 178        104 242

Accumulated depreciation                                -107 564        -80 668        -87 815

Fixed assets under construction                              805            596            441

Prepayments for tangible assets                               76          7 551            160

Intangible assets                                            477          5 138            581

Concessions, patents, licenses, trademarks purchas             0          4 440              0

Goodwill                                                     477            698            581

TOTAL NON-CURRENT ASSETS                                 236 687        236 919        249 939

TOTAL ASSETS                                             382 657        393 670        393 828

 

LIABILITIES AND OWNERS' EQUITY

LIABILITIES

CURRENT LIABILITIES

Debt obligations                                          44 101         56 596         28 625

Current period repayment of long-term bank loans          17 612         14 304         14 442

Short-term loans from credit institutions                 17 087         42 291          8 178

Short-term financial lease liabilities                     2 402              0          6 005

Other current liabilities                                  7 000              0              0

Customer prepayments                                           0              0            489

Supplier payables                                         61 955         57 350         66 783

Tax liabilities                                           11 205         11 091         13 132

Accrued expenses                                           4 403          4 066          8 553

Salary-related accrued expenses                            3 524          3 352          7 210

Interest expenses                                            830            666          1 300

Other accrued expenses                                        49             48             43

Prepaid revenues                                              99            260            215

Prepayments from tenants                                      99            260            215

TOTAL CURRENT LIABILITIES                                121 763        129 362        117 798

NON-CURRENT LIABILITIES

Long-term borrowings                                     103 047        116 802        119 052

Long-term bank loans                                     103 047        116 802        119 052

Other long-term borrowings                                   742          2 256            808

Non-current liabilities to suppliers                         681          2 095            681

Long-term prepayments from tenants                            62            160            127

Long-term financial lease liabilities                      7 628              0          9 561

Long-term provisions                                      11 358          8 511         11 358

Deferred income tax liability                             11 358          8 511         11 358

TOTAL NON-CURRENT LIABILITIES                            122 775        127 568        140 779

TOTAL LIABILITIES                                        244 538        256 930        258 577

MINORITY INTEREST                                          5 582          4 743          5 297

OWNERS' EQUITY

Share capital                                             67 882         67 882         67 882

Mandatory reserve capital                                  5 443          4 608          4 891

Other reserves                                               565            565            565

Retained earnings                                         45 910         48 748         48 465

NET PROFIT (-LOSS) FOR THE FINANCIAL YEAR                 12 762         10 261          8 180

Exchange differences                                         -25            -67            -29

TOTAL OWNERS' EQUITY                                     132 537        131 997        129 954

TOTAL LIABILITIES AND OWNERS' EQUITY                     382 657        393 670        393 828

 

 

Urmo Vallner

Member of the Management Board

+372 64 00 200