26.11.1999, Tallinna Farmaatsiatehas, TLN

TALLINNA FARMAATSIATEHASE AS

BALANCE SHEET

30.09.99

 

Unaudited

in EEK

                                                  Group                     Tallinna Farmaatsiatehas

ASSETS                                       30.09.1999     31.12.1998     30.09.1999     31.12.1998

 

CURRENT ASSETS

Cash and bank                                  1,854,780      1,932,791      1,854,780      1,929,753

Customer receivables                          19,671,714     16,281,191     19,671,714     16,281,191

Other receivables                              4,170,216      7,570,476      4,170,216      7,365,828

TOTAL RECEIVABLES                             25,696,710     23,851,667     25,696,710     23,647,019

 

Inventories                                   14,070,078     20,190,815     14,070,078     20,118,699

Work-in-progress                               1,047,139        699,514      1,047,139        699,514

Finished goods                                11,437,700     15,514,003     11,437,700      8,338,497

Total goods and inventories                   26,554,916     36,404,332     26,554,916     23,455,713

 

TOTAL CURRENT ASSETS                          52,251,626     62,188,790     52,251,626     48,766,206

 

Tangible assets at residual value             34,527,562     36,748,747     35,701,931     34,527,562

Unrealized capital investments                 1,637,596      2,647,274      1,362,845      1,637,596

Total tangible assets                         36,165,158     39,396,021     37,064,776     36,165,158

 

Investments in associated companies                           7,952,106                     7,952,106

Other shares and units                                 0                             0

Intangible assets                              3,460,818      4,022,465      3,460,818      4,022,465

Other non-current receivables                    567,471        529,937        567,471        526,361

TOTAL NON-CURRENT ASSETS                      40,193,447     51,900,529     40,193,447     49,486,384

TOTAL ASSETS                                  92,445,073    114,089,319     92,445,073    111,395,372

 

LIABILITIES AND OWNERS' EQUITY

 

 

CURRENT LIABILITIES

Short-term loans                                 980,000     30,583,866        980,000     26,918,033

Supplier payables                             11,220,446     17,153,804     11,220,446     17,153,572

Salary-related accrued expenses                1,252,948        990,913      1,252,948        990,913

Tax liabilities                                2,733,184      6,924,749      2,733,184      6,846,514

Customer prepayments                             366,061          8,254        366,061          8,254

Dividends payable                                446,814        446,814        446,814        446,814

Other debt obligations                         1,144,444      3,216,004      1,144,444      4,266,357

TOTAL CURRENT LIABILITIES                     18,143,886     59,324,404     18,143,886     56,630,457

 

Long-term bank loans                          68,163,385     48,509,147     68,163,385     48,509,147

Deferred income tax liability

TOTAL NON-CURRENT LIABILITIES                 68,163,385     48,509,147     68,163,385     48,509,147

 

Share capital                                 12,500,000     37,700,340     12,500,000     37,700,340

Restricted reserves                            7,664,920     10,184,954      7,664,920     10,184,954

Retained earnings                            -13,909,152    -41,629,526    -13,909,152    -41,629,526

 

Profit for the current year                     -111,872                      -111,872

 

Tresury shares                                    -6,094                        -6,094

TOTAL OWNERS' EQUITY                           6,137,802      6,255,768      6,137,802      6,255,768

 

TOTAL LIABILITIES AND OWNERS' EQUITY          92,445,073    114,089,319     92,445,073    111,395,372