ESTONIAN TELECOM

BALANCE SHEET

30.09.99

 

EEK thous.

 

 

                                            G R O U P                                  Parent Company

                                           30.Sept 99     30.Sept 98      31.Dec 98     30.Sept 99     30.Sept 98      31.Dec 98

 

A S S E T S

Non-current assets

Property, plant and equipment                2,865,809      2,734,564      2,798,035          2,867            986            958

Goodwill                                        11,562         14,946         14,100              0              0              0

License, patents and  trademarks                37,090         42,258         50,919              0              0              0

Development costs                                  290            894            480              0              0              0

Investments in associates                        3,002          1,726          2,352              0              0              0

Other investments                                  938             98             98      2,347,679        980,398        897,563

Other receivables                                2,474          1,325          1,437        384,967        384,967        384,967

Deferred tax assets                            109,700        105,402        109,700              0              0              0

                                             3,030,865      2,901,213      2,977,121      2,735,513      1,366,351      1,283,488

Current assets

Inventories                                    119,048        100,220        103,977             24            254              5

Trade and other receivables                    608,235        428,156        448,971         23,554         35,238        191,819

Short-term investments                          49,487          9,533          4,671         49,487              0              0

Cash and cash equivalents                      422,891        329,281        272,022        153,096        126,546        118,244

                                             1,199,661        867,190        829,641        226,161        162,038        310,068

 

Total assets                                 4,230,526      3,768,403      3,806,762      2,961,674      1,528,389      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                          1,219,521        760,049        821,732      1,219,521        760,049        821,732

                                             2,960,171      1,525,052      1,586,736      2,960,171      1,525,052      1,586,736

Minority interest

Subsidiary companies                             4,534        945,695      1,010,497              0              0              0

Non-current liabilities

Interest - bearing loans and borrowings        560,971        690,252        609,463              0              0              0

Deferred tax liabilities                        81,964         60,750         65,084              0              0              0

                                               642,935        751,002        674,547              0              0              0

Current liabilities

Trade and other payables                       483,457        342,793        433,152          1,503          3,337          6,820

Interest - bearing loans and borrowings        139,429        203,861        101,830              0              0              0

                                               622,886        546,654        534,982          1,503          3,337          6,820

 

Total equity and liabilities                 4,230,526      3,768,403      3,806,762      2,961,674      1,528,389      1,593,556