HÜVITUSFOND

BALANCE SHEET

 

UNAUDITED BALANCE SHEET 1999

 

                                                                  31.12.99       31.12.98

ASSETS

CURRENT ASSETS

1.Cash and bank                                                     65,323        154,115

2.Marketable securities                                            575,086        268,005

2.1.Bonds                                                          458,976        162,808

2.2.Shares and units                                               116,110        105,198

 

3.Other receivables                                                139,687        220,108

3.1.Receivables from subsidiaries                                   45,344         31,000

3.2.Receivables from associated companies                           17,900         54,346

3.3.Other current receivables                                       76,443        134,762

4.Accrued income                                                    46,636         38,593

5.Prepaid expenses                                                   1,823          5,143

5.1.Prepaid/refundable tax receivables                                 768            461

5.2.Other prepaid expenses                                           1,055          4,682

Total current assets                                               828,555        685,964

 

NON-CURRENT ASSETS

 

6.Long-term financial investments                                  769,734        744,280

6.1.Units and shares in subsidiaries                                 8,662         20,182

6.2.Non-current receivables from subsidiaries                      138,724         45,600

6.3.Units and shares in associated companies                           966         20,377

6.4.Non-current receivables from associated companies               27,000         33,869

6.5.Other shares                                                     1,652            266

6.6.Other long-term investments                                          0         17,675

6.7.Other non-current receivables                                  734,648        756,292

6.8.Allowance for doubtful accounts                               -141,918       -149,982

 

7.Tangible assets                                                   10,990         21,096

7.1.Prepayments for fixed assets                                         0              0

7.2.Accumulated depreciation                                         4,353          4,670

 

8.Intangible assets                                                     88            236

TOTAL NON-CURRENT ASSETS                                            76,461        760,942

 

TOTAL ASSETS                                                     1,605,016      1,446,906

 

LIABILITIES AND OWNERS' EQUITY

LIABILITIES

 

Current liabilities

 

9.Borrowings from credit institutions                                -0,02        263,137

10.Bonds issued                                                    175,946              0

11.Supplier payables                                                   344            870

12.Other payables                                                    5,760          4,977

13.Tax liabilities                                                     236            403

14.Interests payable                                                18,306         17,583

15.Salary-related payables                                             226            304

Total current liabilities                                          200,818        287,274

 

Non-current liabilities

15.Bonds issued                                                    375,980        438,261

16.Other non-current liabilities                                       570          1,106

Total non-current liabilities                                      376,550        439,367

 

17.Fund in the beginning of period                                 720,264        926,985

18.Change                                                          307,385       -206,721

19.Fund at the end of period                                     1,027,649        720,264

 

TOTAL LIABILITIES AND OWNERS' EQUITY                             1,605,016      1,446,906

 

 

Jaanus Kosemaa

Public Relations Manager

Hüvitusfond

+3726651800,  +3725104614