AS ESS

BALANCE SHEET

30.11.98

 

 

consolidated, unaudited		

in thousand EEK

 

 

ASSETS				    30.09.1998	       31.09.1997

CURRENT ASSETS		

Cash and bank			 	 9,836		    1,943

Marketable securities 			40,178	

Accounts receivable			32,955		   21,335

Other receivables			17,160	           10,684

Accrued income    		   	   900	

Prepaid expenses 		 	 4,337		    3,341

Inventories			 	 6,298		    7,541

		

TOTAL CURRENT ASSETS 	       	       111,664		   44,844

		

NON-CURRENT ASSETS	

Financial assets	         	 1,326		    3,097

Total non-current physical 

assets					55,643		   17,746

Prepyments for non-current

assets			

Intangible assets			32,639		       73

TOTAL NON-CURRENT ASSETS		89,608		   20,916

		

TOTAL ASSETS		               201,272		   65,760

	

	

LIABILITIES AND OWNERS' EQUITY		

		

LIABILITIES	

CURRENT LIABILITIES		

		

Debt obligations			87,077	 	    4,249

Total customer prepayments for 

goods and services			   790		       21

Total supplier payables     		11,781		    7,750

Tax liabilities				18,154		   10,029

Total accrued expenses			30,572		    7,229

Provisions	             	 	    14	

Other prepaid revenues	   	 	    22		       34

		

TOTAL CURRENT LIABILITIES      	       148,410		   29,313

		

NON-CURRENT LIABILITIES		

		

Non-current payables			15,261		    1,659

Potential income tax		  	   294	

		

TOTAL NON-CURRENT LIABILITIES		15,555		    1,659

		

TOTAL LIABILITIES		       163,965		   30,973

		

MINORITY INTEREST 			 2,518		    3,944

		

OWNERS' EQUITY		

		

Share capital in nominal value	       	11,760	           11,760

Capital surplus			  	 8,272		    8,728

Mandatory reserve capital		   500		      392

Retained earnings		  	11,363		    3,033

Unrealized exchange rate differences	  -202			7

Profit (loss) for the financial year	 3,096		    6,924

TOTAL OWNERS' EQUITY			34,789		   30,844

TOTAL LIABILITIES AND OWNERS' EQUITY   201,272		   65,760