AS BALTIKA

BALANCE SHEET

30.09.99

 

Consolidated, unaudited

thousand EEK

 

 

ASSETS                                          30.09.99     30.09.98     Change %      Change,

CURRENT ASSETS                                                               99/98          EEK

Cash and bank                                      6 471        2 685          141%       3 786

Marketable securities                                505          901          -44%        -396

Accounts receivable                               51 806       51 443            1%         363

Other receivables and accrued income               3 307        5 418          -39%     (2 111)

Prepaid expenses and tax refunds                   6 420        9 182          -30%     (2 762)

Total inventories:                                86 769      102 968          -16%    (16 199)

Raw materials                                     19 536       20 110           -3%        -574

Finished goods                                    61 113       72 437          -16%    (11 324)

Work-in-progress                                   6 081        9 709          -37%     (3 628)

Customer prepayments                                  39          712          -95%        -673

TOTAL CURRENT ASSETS                             155 278      172 597          -10%    (17 319)

NON-CURRENT ASSETS                                                                           -

Long-term financial investments                    2 311        1 214           90%       1 097

Total tangible assets                             49 498       38 622           28%      10 876

Land and buildings                                34 814       23 020           51%      11 794

Plant and equipment                               56 310       43 510           29%      12 800

Other inventories                                 18 086       14 905           21%       3 181

Accumulated depreciation                        (59 737)     (44 568)           34%    (15 169)

Prepayments for non-current assets and                25        1 755          -99%     (1 730)

unfinished building

Intangible assets                                  1 800        2 068          -13%        -268

TOTAL NON-CURRENT ASSETS                          53 609       41 904           28%      11 705

TOTAL ASSETS                                     208 887      214 501           -3%     (5 614)

 

 

 

 

LIABILITIES AND OWNERS' EQUITY                  30.06.99     30.06.98     Change %      Change,

CURRENT LIABILITIES                                                          99/98          EEK

Borrowings                                        42 153       47 881          -12%     (5 728)

Customer prepayments                                  82          113          100%         -31

Supplier payables                                 11 700       22 782          -49%    (11 082)

Tax liabilities                                    5 224        5 068            3%         156

Accrued expenses                                   6 420        5 015           28%       1 405

TOTAL CURRENT LIABILITIES                         65 579       80 859          -19%    (15 280)

NON-CURRENT LIABILITIES                                                                      -

Long-term debt                                    19 039       14 733           29%       4 306

Long-term provisions                               1 368          667          105%         701

TOTAL NON-CURRENT LIABILITIES                     20 407       15 400           33%       5 007

TOTAL LIABILITIES                                 85 986       96 259          -11%    (10 273)

Minority interest                                   9151          674         1258%       8 477

OWNERS' EQUITY                                                                               -

Share capital                                     48 000       48 000            0%          -

Capital surplus                                   24 039       23 834            1%         205

Reserves                                          22 884       22 884            0%          -

Retained earnings                                 19 015       17 090           11%       1 925

NET PROFIT (-LOSS) FOR THE FINANCIAL YEAR            280        5 711          -95%     (5 431)

Treasury shares (less)                              -546           -                       -546

Exchange differences                                  78           49           59%          29

TOTAL OWNERS' EQUITY                             113 750      117 568           -3%     (3 818)

TOTAL LIABILITIES AND OWNERS' EQUITY             208 887      214 501           -3%     (5 614)

 

 

Ülle Järv

Member of the Management Board

+372 63 02 741