AS NORMA

BALANCE SHEET

31.12.98

 

Consolidated, audited

in thousand EEK

 

 

                                                      31.12.98    31.12.97

ASSETS          

Current assets

Cash and bank                                           66 893      17 818

Marketable securities                                      148      57 512

Accounts receivable                                    136 666     152 313

Other receivables and prepayments                       19 696      19 323

Inventories                                             56 690      78 843

Total current assets                                   280 093     325 809

Non-current assets    

Financial assets                                         4 475       8 837

Tangible assets                                        167 128     123 732

Intangible assets                                        2 302       1 714

Total non-current assets                               173 905     134 283

Total assets                                           453 998     460 092

 

LIABILITIES AND OWNERS' EQUITY                                

Liabilities              

Current liabilities                                                     

Supplier payables and accrued expenses                  35 914      37 235

Income tax payable                                       2 474      40 589

Short-term loans                                        16 416           0

Total current liabilities                               54 804      77 824

Non-current liabilities         

Long-term loans                                         64 429         674

Deferred income tax                                     16 793      10 969

Total non-current liabilities                           81 222      11 643

Total liabilities                                      136 026      89 467

MINORITY INTEREST

               

Owners' equity

Share capital in nominal value                         132 000     132 000

Retained earnings and other reserves                   138 394      91 897

Profit/loss for the financial year                      47 578     146 728

Total owners' equity                                   317 972     370 625

Total liabilities and owners' equity                   453 998     460 092

 

 

Raivo Harand

Controller

+372 650 0482