28.04.1999, Tallinna Farmaatsiatehas, TLN

TALLINNA FARMAATSIATEHASE AS

BALANCE SHEET

31.03.99

 

Consolidated, unaudited

in EEK 

 

                          	       Consolidated    Tallinna Farmaatsiatehase AS

                    		  31.03.99    31.12.98    31.03.99    31.12.98

ASSETS                                                            

                                                                              

CURRENT ASSETS

Cash and bank                    1,347,233   1,932,791   1,347,176   1,929,753

                                                                              

Customer receivables            20,827,099  16,281,191  20,827,099  16,281,191

Other accounts receivable        7,439,441   7,570,476   7,439,221   7,365,828

TOTAL RECEIVABLES               28,266,540  23,851,667  28,266,320  23,647,019

                                                                              

Inventories                     16,377,509  20,190,815  16,377,509  20,118,699

Work-in-process                    763,345     699,514     763,345     699,514

Finished goods                  13,308,855  15,514,003  13,308,855  15,514,003

Total goods and inventories     30,449,709  36,404,332  30,449,709  36,332,216

                                                                              

TOTAL CURRENT ASSETS            60,063,482  62,188,790  60,063,205  61,908,988

                                                                   

Tangible assets at residual 

cost                            38,230,260  36,748,747  36,866,173  34,338,178

Prepayments for non-current assets                                   1,982,457

Unrealized capital investments               2,647,274   1,364,087   2,647,274

Total tangible assets           38,230,260  39,396,021  38,230,260  36,985,452

                                                                   

Investments in affiliated 

companies   			 7,384,605   7,952,106   7,384,605   7,952,106

Intangible assets                3,787,864   4,022,465  3,787,864    4,022,465

                                            

Other non-current receivables      556,401     529,937    556,401      526,361

                                                                              

TOTAL NON-CURRENT ASSETS        49,959,130  51,900,529  49,959,130  49,486,384

                                                                   

TOTAL ASSETS                   110,022,612 114,089,319 110,022,335 111,395,372

                                                                   

 

LIABILITIES AND OWNERS' EQUITY

                                                                   

CURRENT LIABILITIES                                            

SHORT-TERM LOANS                 1,645,820  30,583,866   1,645,820  26,918,033

Short term supplier payables    13,002,584  17,153,804  13,002,584  17,153,572

Salary-related payables          1,278,071     990,913   1,278,071     990,913

Tax liabilities                  5,687,870   6,924,749   5,687,870   6,846,514

Customer prepayments                 8,254       8,254       8,254       8,254

Unpaid dividends                   446,814     446,814     446,814     446,814

Other debt obligations          32,175,672   3,216,004  32,175,395   4,266,357

TOTAL CURRENT LIABILITIES       54,245,085  59,324,404  54,244,808  56,630,457

                                                                   

Long-term bank loans            48,509,147  48,509,147  48,509,147  48,509,147

                               

DEFERRED INCOME TAX LIABILITY

TOTAL NON-CURRENT LIABILITIES   48,509,147  48,509,147  48,509,147  48,509,147

                                                                   

Share capital                   37,700,340  37,700,340  37,700,340  37,700,340

Reserves                        10,184,954  10,184,954  10,184,954  10,184,951

Retained earnings              (41,629,525)(41,629,526)(41,629,525)(41,629,526)

 

Profit for the current year      1,012,611               1,012,611             

                                                                              

TOTAL OWNERS' EQUITY             7,268,380   6,255,768   7,268,380   6,255,768

                                

                                                                   

TOTAL LIABILITIES AND 

OWNERS' EQUITY  	       110,022,612 114,089,319 110,022,335 111,395,372