AS PRO KAPITAL

BALANCE SHEET

31.03.99

 

Balance Sheet (in kroons)

(consolidated, unaudited)

                                                                          Group                                  AS  Pro Kapital

                                                               3/31/99               3/31/98            3/31/99               3/31/98

 

ASSETS

Cash and bank                                               11,613,983             5,180,439          5,011,990             2,306,950

Customer receivables                                        12,744,193            14,725,047          9,666,873            14,276,922

Other receivables                                           68,341,743            83,887,140        117,691,965            90,041,269

Accrued income                                                     -                                          -

Prepaid expenses                                            20,713,484            16,601,616          5,349,473             7,790,950

Inventories                                                 47,288,407            19,565,125         28,561,277            19,565,125

Total current assets                                       160,701,809           139,959,367        166,281,577           133,981,216

Long-term financial assets                                  42,787,426             7,067,911        285,488,636            80,831,646

Noncurrent physical assets                                 495,855,147           255,104,472         71,844,474            69,350,698

Intangible assets                                              490,490            14,753,751                -

Total noncurrent assets                                    539,133,063           276,926,134        357,333,110           150,182,344

TOTAL ASSETS                                               699,834,872           416,885,501        523,614,687           284,163,560

 

LIABILITIES AND OWNER' S EQUITY

Short-term loans                                           322,182,640            22,333,053        249,611,465             5,486,464

Costomer advances for goods and services                    10,969,946            27,925,729          6,354,675            22,833,119

Supplier payables                                           29,857,364            21,709,575          2,036,538             6,132,132

Other payables                                                     -                                     11,793             1,221,813

Taxes payable                                                4,169,677               276,300          4,051,508               260,387

Accrued expenses                                             4,539,045               660,303          4,145,889               648,043

Total current liabilities                                  371,718,673            72,904,960        266,211,867            36,581,958

Long-term liabilities                                       78,290,693           112,683,092          3,152,220            45,470,329

Other long-term payables                                     8,277,281            21,817,500          4,750,000             6,937,500

Provisions                                                     933,451                                  933,451

Total noncurrent liabilities                                87,501,425           134,500,592          8,835,671            52,407,829

Minority interest                                            2,005,466            16,336,566

Share capital (par value)                                  135,000,000           125,000,000        135,000,000           125,000,000

Paid-in capital over/under par                             102,000,000            73,000,000        102,000,000            73,000,000

Other restricted reserves (mandatory legal reserve)            113,144                                  113,144

Retained earnings                                              670,736              - 46,310          6,309,057               490,191

Net profit/loss for the financial year                         945,434            -4,810,307          5,144,948            -3,316,418

Exchange difference                                           -120,006

Total owners equity                                        238,609,308           193,143,383        248,567,149           195,173,773

TOTAL LIABILITIES AND OWNER' S EQUITY                      699,834,872           416,885,501        523,614,687           284,163,560