Estonian Telecom Ltd

Balance sheet 

30.06.99

 

consolidated,IAS 

unaudited

EEK thous.

 

                                                        G R O U P                                    ESTONIAN TELECOM

                                                         30.06.99       30.06.98       31.12.98       30.06.99       30.06.98       31.12.98

A S S E T S

Non-current assets

Property, plant and equipment                           2,774,104      2,616,144      2,798,035          2,562            931            958

Goodwill                                                   12,408         15,792         14,100              0              0              0

License, patents and  trademarks                           43,043         39,697         50,919              0              0              0

Development costs                                             374          1,064            480              0              0              0

Investments in associates                                   2,789              0          2,352              0              0              0

Other investments                                             218            855             98      2,119,784        893,821        897,563

Other receivables                                           2,553          1,435          1,437        384,967        384,967        384,967

Deferred tax assets                                       109,700        100,379        109,700              0              0              0

                                                        2,945,189      2,775,366      2,977,121      2,507,313      1,279,719      1,283,488

Current assets

Inventories                                               131,699        144,331        103,977             26            244              5

Trade and other receivables                               572,048        384,561        448,971         60,633          7,714        191,819

Short-term investments                                     54,407            707          4,671         54,407            707              0

Cash and cash equivalents                                 290,467        335,855        272,022        112,631        159,643        118,244

                                                        1,048,621        865,454        829,641        227,697        168,308        310,068

 

Total assets                                            3,993,810      3,640,820      3,806,762      2,735,010      1,448,027      1,593,556

 

EQUITY  AND  LIABILITIES

Capital and reserves

Issued capital                                          1,373,833        735,000        735,001      1,373,833        735,000        735,001

Reserves                                                  366,817         30,003         30,003        366,817         30,003         30,003

Accumulated profits                                       992,992        678,548        821,732        992,992        678,548        821,732

                                                        2,733,642      1,443,551      1,586,736      2,733,642      1,443,551      1,586,736

Minority interest

Subsidiary companies                                        3,744        860,611      1,010,497              0              0              0

Non-current liabilities

Interest - bearing loans and borrowings                   565,936        713,892        609,463              0              0              0

Deferred tax liabilities                                   72,474         56,332         65,084              0              0              0

                                                          638,410        770,224        674,547              0              0              0

Current liabilities

Trade and other payables                                  466,548        294,808        433,152          1,368          4,476          6,820

Interest - bearing loans and borrowings                   151,466        271,626        101,830              0              0              0

                                                          618,014        566,434        534,982          1,368          4,476          6,820

 

Total equity and liabilities                            3,993,810      3,640,820      3,806,762      2,735,010      1,448,027      1,593,556