AS KLEMENTI

BALANCE SHEET

31.12.98

 

Consolidated, unaudited

in EEK

 

                                                  Group         Group          Change      %      Parent       Parent

                                               31.12.98      31.12.97                           31.12.98     31.12.97

ASSETS 

Current assets

1.Cash and bank                                2,174,088     2,929,446       -755,358    -26    1,457,479    2,844,909

2.Marketable securities                              369           294             75     26          369          294

3.Accounts receivable                         17,462,445     9,723,294      7,739,151     80   14,334,327    9,693,979

4.Other receivables                              475,290       735,800       -260,510    -35    1,420,664      732,250

5.Accrued income                                     828         1,985         -1,157    -58          828        1,548

6.Prepaid expenses                               405,384       987,620       -582,236    -59      231,956      935,821

7.Inventories                                 29,444,146    23,533,440      5,910,706     25   26,032,658   23,486,065

Total current assets                          49,962,550    37,911,879     12,050,671     32   43,478,281   37,694,866

 

Non-current assets

8.Financial assets                               203,441       322,459       -119,018    -37    5,059,288    1,192,146

9.Tangible assets                             30,804,298    33,115,709     -2,311,411     -7   30,615,030   32,556,806

10.Intangible assets                           2,162,801     2,339,307       -176,506     -8    1,858,451    2,332,628

Total non-current assets                      33,170,540    35,777,475     -2,606,935     -7   37,532,769   36,081,580

TOTAL ASSETS                                  83,133,090    73,689,354      9,443,736     13   81,011,050   73,776,446

 

LIABILITIES AND OWNERS' EQUITY

Liabilities                                                         

Current liabilities                                            

11.Debt obligations                           17,572,377    10,215,357      7,357,020     72   16,772,378   10,215,357

12.Customer prepayments for goods and services    94,377        54,807         39,570     72       78,601       54,807

13.Supplier payables                           4,993,003     3,226,648      1,766,355     55    4,501,748    2,895,432

14.Other payables                                      0             0              0      0      538,771      882,738

15.Tax liabilities                             3,463,891     1,472,551      1,991,340    135    2,494,101    1,310,185

16.Accrued expenses                            3,670,233     3,370,809        299,424      9    3,325,945    3,109,429

17.Other prepaid revenues                              0       217,918       -217,918   -100            0      217,918

Total current liabilities                     29,793,881    18,558,090     11,235,791     61   27,711,544   18,685,866

 

Non-current liabilities 

18.Long-term obligations                      15,816,473    19,216,026     -3,399,553    -18   15,816,473   19,216,026

19.Long-term provisions                           41,771             0         41,771    100            0            0

Total non-current liabilities                 15,858,244    19,216,026     -3,357,782    -17   15,816,473   19,216,026

 

Total liabilities                             45,652,125    37,774,116      7,878,009     21   43,528,017   37,901,892

 

Owners' equity  

19.Share capital nominal value                24,250,000    24,250,000              0      0   24,250,000   24,250,000

20.Capital surplus                             3,774,225     3,774,225              0      0    3,774,225    3,774,225

21.Revaluation reserve                           816,252       816,252              0      0      816,252      816,252

22.Other reserves                                782,388       517,679        264,709     51      782,388      517,679

23.Retained earnings                           6,248,868     1,262,899      4,985,969    395    6,251,689    1,268,956

24.Net profit for the year                     1,609,232     5,294,183     -3,684,951    -70    1,608,479    5,247,442

Total owners' equity                          37,480,965    35,915,238      1,565,727      4   37,483,033   35,874,554

 

TOTAL LIABILITIES AND OWNERS' EQUITY          83,133,090    73,689,354      9,443,736     13   81,011,050   73,776,446

 

 

Madis Võõras

AS Klementi 

Chairman of the Management Board