TALLINNA KÜLMHOONE AS

BALANCE SHEET

30.04.99

 

Consolidated, unaudited

in thousand EEK

 

                                                  4/30/99    12/31/98     4/30/98

 

ASSETS

 

Cash and marketable securities                       1238        1843        1266

Accounts receivable                                 25486       17808       19533

Other receivables                                    2433        6945        9507

TOTAL LIQUID ASSETS                                 29157       26596       30306

 

Finished goods                                       7691        2621        8868

Inventories                                          7712        7837        8834

Work-in-progress                                       93          10          28

Goods and other                                     11273       13637       11469

TOTAL GOODS AND INVENTORIES                         26769       24105       29199

 

TOTAL CURRENT ASSETS                                55926       50701       59505

 

Long-term financial investments                      6152        4034        4313

Non-current assets                                 123018      119457       40793

and unrealized capital investments

Intangible assets                                                             330

Goodwill                                             3235        3529        7494

 

TOTAL NON-CURRENT ASSETS                           132405      127020       52930

 

TOTAL ASSETS                                       188331      177721      112435

 

 

LIABILITIES AND OWNERS EQUITY

 

SHORT-TERM LOANS                                    23725       23963       11735

Accounts payable                                    26164       20844       17226

Customer prepayments                                   18          16          11

Salary-related payables                              4223        3438        2970

Tax liabilities                                      3449        1390        1753

Other short-term loans                                197          57          46

TOTAL CURRENT LIABILITIES                           57776       49708       33741

 

NON-CURRENT LIABILITIES                             68387       66399       26056

 

DEFERRED INCOME TAX

 

TOTAL LIABILITIES                                  126163      116107       59797

 

MINORITY INTEREST                                     282         271

 

Share capital                                       33870       33870       33870

Capital surplus                                     49000       49000       49000

Reserves                                              586         586         586

Retained earnings                                  -23631      -32976      -32976

Aruandeaasta kasum (-kahjum)                         2064       10866        2161

Treasury shares                                        -3          -3          -3

TOTAL OWNERS EQUITY                                 61886       61343       52638

 

TOTAL LIABILITIES AND OWNERS EQUITY                188331      177721      112435

 

 

Evald Karu

Financial Director

Tel. +372 2213 369