AS KLEMENTI

BALANCE SHEET

30.09.98

 

Consolidated, unaudited

In thousand EEK

 

                                               30.09.98       30.09.97    change%

CURRENT ASSETS

 

1.CASH AND BANK                                    4,539          6,633       -32

2.MARKETABLE SECURITIES                            1,010              0  *100,00

3.CUSTOMER RECEIVABLES                            21,819         15,537        40

3.1.Accounts receivable                           23,110         15,537        49

3.2.Allowance for doubtful accounts	          -1,291              0 *-100,00

                                total:            21,819         15,537        40

 

4.OTHER RECEIVABLES                                  516          2,383       -78

5.PREPAID EXPENSES		                     449            873       -49

6.INVENTORIES                                     37,917         20,841        82

6.1.Raw materials                                  8,359          6,410        30

6.2.Work-in-progress                               7,115          5,245        36

6.3.Finished goods                                23,016          8,235       180

6.4.Merchandise purchased for resale                 437            303        44

6.5.Prepayments for suppliers                         78            649       -88

6.6.Reserves for discounts and amortizing         -1,089              0 *-100,00

                                total:            37,917         20,841        82

TOTAL CURRENT ASSETS                              66,249         46,267        43

 

NON-CURRENT ASSETS

7.FINANCIAL ASSETS                                   467            564       -17

8.NON-CURRENT PHYSICAL ASSETS                     31,741         30,292         5

8.1.Land and buildings                            26,525         23,918        11

     (at acquisition cost)

8.2.Plant and equipment                           12,522         11,649         7

     (at acquisition cost)

8.3.Other equipment and fixtures                   4,610          3,269        41

8.4.Accumulated depreciation                     -13,628        -11,937        14

     (minus)

8.5.Unfinished building                            1,586          3,391       -53

8.6.Prepayment for non-current physical assets       125              1  *100,00

                                total:            31,741         30,292         5

9.INTANGIBLE NON-CURRENT ASSETS                    2,483          1,812        37

TOTAL NON-CURRENT ASSETS                          34,691         32,668         6

 

TOTAL ASSETS                                     100,940         78,934        28

 

 

LIABILITIES AND OWNERS' EQUITY

 

LIABILITIES

 

CURRENT LIABILITIES

10.DEBT OBLIGATIONS                               25,075         16,199        55

11.CUSTOMER PREPAYMENTS FOR GOODS AND SERVICES     1,333            514       159

12.SUPPLIER PAYABLES                               4,321          1,703       154

13.TAX LIABILITIES                                 6,052          2,026       199

14.ACCRUED EXPENSES                                3,794          3,048        24

15.OTHER PREPAID REVENUES                              6              0  *100,00

TOTAL CURRENT LIABILITIES 	                  40,581         23,490        73

 

NON-CURRENT LIABILITIES

16.NON-CURRENT LIABILITIES                         19,566         20,279        -4

TOTAL NON-CURRENT LIABILITIES                      19,566         20,279        -4

TOTAL LIABILITIES 		                   60,147         43,769        37

 

OWNERS' EQUITY 

17.SHARE CAPITAL IN NOMINAL VALUE                 24,250         24,250         0

18.CAPITAL SURPLUS                                 3,774          3,796        -1

19.REVALUATION RESERVE                               816            816         0

20.OTHER RESERVES                                    782            518        51

21.RETAINED EARNINGS			           6,249            957       553

22.PROFIT (-LOSS) FOR THE FINANCIAL YEAR           4,922          5,082        -3

23.TREASURY SHARES                                     0           -254      -100

TOTAL OWNERS' EQUITY			          40,793         35,165        16

 

TOTAL LIABILITIES AND OWNERS' EQUITY             100,940         78,934        28