EESTI TELEKOM

ANNOUNCEMENT

18.11.99

 

ESTONIAN MOBILE TELEPHONE COMPANY

BALANCE SHEET 30.09.99

 

EEK thous.

                                               Group                           Parent Company

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

 

ASSETS

Non-current assets

Land, buildings and equipment                785,136      686,857      740,130        778,765      681,163      734,335

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

Purchased licenses, patents and trademarks       348           91           80              0            0            0

Other investments                                  0            0            0         18,949       13,315       14,990

Other long-term receivables                       34          164          131             34          164          131

Total non-current assets                     797,080      702,058      754,441        809,310      709,588      763,557

 

Current assets

Inventory                                     44,872       46,932       53,384         37,726       39,128       46,816

Trade receivables                            160,001      157,263      141,211        153,072      155,633      142,378

Cash and equivalents                         231,819      104,722       86,957        217,635      101,973       79,895

Total current assets                         436,692      308,917      281,552        408,433      296,735      269,090

 

Total assets                               1,233,773    1,010,975    1,035,993      1,217,742    1,006,323    1,032,647

 

 

 

EQUITY AND LIABILITIES

Equity and reserves

Paid-in capital                               64,696       64,696       64,696         64,696       64,696       64,696

Reserves                                       6,515        6,515        6,515          6,515        6,515        6,515

Retained earnings                            886,873      624,368      733,165        886,873      624,368      733,165

Total equity and reserves                    958,085      695,579      804,376        958,085      695,579      804,376

 

 

Minority interest                                680          281          403              0            0            0

 

Non-current liabilities

Interest-bearing liabilities                  13,305        3,988        1,791         13,305        3,988        1,791

Deferred tax liabilities                      81,964       60,750       65,084         81,728       60,621       64,848

Total non-current liabilities                 95,269       64,739       66,875         95,034       64,610       66,639

 

Current liabilities

Trade payables                               119,699      143,954      158,984        104,585      139,711      156,276

Interest-bearing liabilities                  60,039      106,423        5,355         60,039      106,423        5,355

Total current liabilities                    179,739      250,376      164,339        164,624      246,134      161,632

 

Total equity and liabilities               1,233,773    1,010,975    1,035,993      1,217,743    1,006,323    1,032,647