ESTONIAN MOBILE TELEPHONE COMPANY

BALANCE SHEET

30.06.99

 

consolidated, IAS

unaudited

EEK thous.

                                                                    Group                         AS Eesti Mobiiltelefon

 

                                                          30.06.99    6/30/98 31.12.98       30.06.99    6/30/98   31.12.98

ASSETS

Non-current assets

Land, buildings and equipment                              735,206   626,285   740,130        728,635   621,098     734,335

Goodwill                                                    12,408    15,792    14,100         12,408    15,792      14,100

Purchased licenses, patents and trademarks                     389        99        80              0         0           0

Other investments                                                0         0         0         15,082    10,744      14,990

Other long-term receivables                                     67       193       131             67       193         131

Total non-current assets                                   748,070   642,370   754,441        756,192   647,828     763,557

 

Current assets

Inventory                                                   59,514    73,777    53,384         52,682    69,001      46,816

Trade receivables                                          159,078   147,637   141,211        153,204   147,039     142,378

Cash and equivalents                                       119,924    97,538    86,957        113,477    94,131      79,895

Total current assets                                       338,516   318,951   281,552        319,363   310,172     269,090

 

Total assets                                             1,086,587   961,321 1,035,993      1,075,555   958,000   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                                          763,274   523,563   733,165        763,274   523,563     733,165

Total equity and reserves                                  834,486   594,774   804,376        834,486   594,774     804,376

 

 

Minority interest                                              509        55       403              0         0           0

 

Non-current liabilities

Interest-bearing liabilities                                   940     5,061     1,791            940     5,061       1,791

Deferred tax liabilities                                    72,474    56,332    65,084         72,238    56,203      64,848

Total non-current liabilities                               73,414    61,393    66,875         73,178    61,263      66,639

 

Current liabilities

Trade payables                                             118,057   131,786   158,984        107,771   128,650     156,276

Interest-bearing liabilities                                60,120   173,312     5,355         60,120   173,312       5,355

Total current liabilities                                  178,177   305,099   164,339        167,891   301,963     161,632

 

Total equity and liabilities                             1,086,587   961,321 1,035,993      1,075,555   958,000   1,032,647