AS KALEV

BALANCE SHEET

31.03.99

 

unaudited

in thousand EEK

 

BALANCE SHEET

ASSETS

                                        Consolidated   Consolidated

CURRENT ASSETS                            31.03.1999     31.03.1998 

Cash and bank                                 32 320          6 908

Marketable securities                          1 189          6 922

Accounts receivable                           55 299         82 179

Other receivables                             21 536         17 268

Accrued income                                   960            333

Prepaid expenses                               6 502          4 819

Inventories                                   53 771         64 264

TOTAL CURRENT ASSETS                         171 577        182 693

 

NON-CURRENT ASSETS

Long-term financial investments in subsidiaries

Long-term financial investments in 

affiliated companies                                         25 166

Other non-current receivables                  7 788         12 702

Tangible assets                               75 804         74 329

Goodwill of subsidiaries                                     21 868

TOTAL NON-CURRENT ASSETS                      83 592        134 064

 

TOTAL ASSETS                                 255 169        316 758

 

LIABILITIES AND OWNERS' EQUITY

 

LIABILITIES

Debt obligations                              38 845         87 782

Customer prepayments                              36          7 034

Supplier payables                             22 291         42 467

Tax liabilities                                5 245         11 174

Other liabilities                              8 607         10 649

TOTAL CURRENT LIABILITIES                     75 024        159 105

 

Long-term borrowings                         117 317

Other long-term debt                           3 322          7 713

TOTAL NON-CURRENT LIABILITIES                120 639          7 713

 

MINORITY INTEREST                                             2 304

 

OWNERS' EQUITY

Share capital                                 78 775         78 775

Capital surplus                               29 591         29 591

Reserve                                        6 828            750

Retained earnings                            -57 698         31 447

Net profit for the year                        2 010          7 073

TOTAL OWNERS' EQUITY                          59 506        147 636

 

TOTAL LIABILITIES AND OWNERS' EQUITY         255 169        316 758

 

 

Eva Jaanson

chief accountant

+372 6283 731