TALLINNA KAUBAMAJA AS

BALANCE SHEET

 

BALANCE SHEET 31.12.99

 

 

Consolidated, audited

in thousand EEK

                                                     31.12.99                  31.12.98

                                                        Group       Parent        Group       Parent

ASSETS

CURRENT ASSETS

Cash and bank                                          27,310        7,250       22,737       17,839

Customer receivables                                    2,602          909        2,389        1,011

Allowance for doubtful accounts                          -216            0         -225            0

Other receivables                                       3,575       30,317        6,649       10,076

Receivables from parent company

and subsidiaries                                            0       28,310            0        9,524

Other current receivables                               3,575        2,007        6,649          552

Accrued income                                              9            9          715          707

Interest receivables                                        9            9          715          707

Prepaid expenses                                        2,945          609        5,713        1,504

Prepaid/refundable tax receivables                        742           22        3,063          212

Other prepaid expenses                                  2,203          586        2,650        1,293

Inventories                                           113,382       67,897      105,910       64,771

Raw materials                                           1,640        1,516        1,931        1,826

Work-in-progress                                           11           11           15           15

Merchandise purchased for resale                      109,231       64,456      100,812       61,323

Prepayments to suppliers                                2,499        1,913        3,153        1,608

TOTAL CURRENT ASSETS                                  149,606      106,991      143,889       95,909

NON-CURRENT ASSETS

Long-term financial assets                             22,625      128,250       19,645       38,344

Stock and shares in subsidiaries                            0      107,701            0       21,949

Stock and shares in associated companies                1,965        1,965        3,362        3,362

Long-term receivables from

associated companies                                   12,693       12,693        9,910        9,910

Other long-term loans                                   1,210        1,210            0            0

Other non-current reecivables                           2,076            0        3,250            0

Other investments                                       4,681        4,681        3,123        3,123

Tangible assets                                       204,543       31,059      229,713      187,832

Land and buildings                                    176,497            0      166,823      155,311

Plant and equipment                                    46,040       16,932       45,861       24,013

Other equipment and fixtures                           89,238       67,218      104,242       76,334

Accumulated depreciation                             -109,552      -53,148      -87,815      -67,980

Fixed assets under construction                         2,217            0          441            0

Prepayments for tangible assets                           103           57          160          154

Intangible assets                                         442            0          581            0

Goodwill                                                  442            0          581            0

TOTAL NON-CURRENT ASSETS                              227,610      159,309      249,939      226,176

TOTAL ASSETS                                          377,216      266,300      393,828      322,084

 

 

                                                    31.12.99                  31.12.98

LIABILITIES AND OWNERS' EQUITY                        Group        Parent        Group       Parent

LIABILITIES

CURRENT LIABILITIES

Debt obligations                                       31,773        4,028       28,626       10,713

Current period repayment of

long-term bank loans                                   26,620        2,632       14,442        9,500

Short-term loans from

financial institutions                                      0            0        8,178            0

Short-term finance lease liabilities                    5,153        1,397        6,005        1,213

Customer prepayments                                      195           37          489          330

Supplier payables                                      72,817       38,531       66,783       34,496

Other payables                                              0       28,649            0       28,812

Payables to subsidiaries or

parent company                                              0       28,649            0       28,812

Tax liabilities                                        19,269       12,541       13,132        9,221

Accrued expenses                                        9,878        6,337        8,553        6,397

Salary-related accrued expenses                         9,016        6,238        7,210        5,096

Interest expenses                                         784           99        1,300        1,300

Other accrued expenses                                     78            0           43            0

Prepaid revenue                                           108          108          215          215

Prepayments from tenants                                  108          108          215          215

TOTAL CURRENT LIABILITIES                             134,039       90,230      117,798       90,184

NON-CURRENT LIABILITIES

Long-term debt obligations                             82,243       21,316      128,613       90,367

Long-term bank loans                                   78,371       21,316      119,052       89,500

Long-term finance lease liabilities                     3,871            0        9,561          867

Other long-term debt                                      648          648          809          757

Non-current liabilities to suppliers                      629          629          681          630

Long-term prepayments from tenants                         20           20          127          127

Long-term provisions                                        0            0       11,358       10,794

Deferred income tax liability                               0            0       11,358       10,794

TOTAL NON-CURRENT LIABILITIES                          82,891       21,964      140,779      101,918

TOTAL LIABILITIES                                     216,930      112,194      258,577      192,102

MINORITY INTEREST                                       6,206            0        5,297            0

OWNERS' EQUITY

Share capital                                          67,882       67,882       67,882       67,882

Mandatory legal reserve                                 5,443        4,989        4,891        4,580

Other restricted reserves                                 565          565          565          565

Retained earnings                                      45,910       46,364       48,465       48,776

NET PROFIT (-LOSS) FOR THE FINANCIAL YEAR              34,305       34,305        8,180        8,180

Exchange differences                                      -25            0          -29            0

TOTAL OWNERS' EQUITY                                  154,080      154,105      129,954      129,983

TOTAL LIABILITIES AND OWNERS' EQUITY                  377,216      266,300      393,828      322,084

 

 

Urmo Vallner

Member of the Management Board

+372 64 00 200