HÜVITUSFOND

BALANCE SHEET

30.09.98

 

 

         ASSETS                                      30.09.1998       01.01.1998

                                                                     

1.       Current assets                                                    

1.1.     Cash and bank	                          74,869,267.44   117,546,996.49

1.2.     Marketable securities                   231,898,129.16   513,720,133.22

1.4.     Other receivables                                                 

1.4.1.   Receivables from subsidiaries            19,100,000.02    14,525,000.00

1.4.2.   Receivables from associated companies    49,996,076,40    47,886.836.80

1.4.3.   Other current receivables 	         346,573,952,30   270,957.065.08

1.5.     Accrued income                           40,203,892,31    35,448,234.81

1.6.     Prepaid expenses                                  

1.6.1.   Prepaid/refundable taxes receivables        618,357,56     1,139,374.02

1.6.2.   Other prepaid expenses		           4,618,551,98    14,931,322.49

         Total current assets                    767,878,227.17 1,016,154,962.91

2.       Non-current assets                                                       

2.1.     Financial assets                                      

2.1.1.   Stock and shares in subsidiaries         20,900,905.36    17,974,804.08

2.1.2.   Non-current receivables from 		  40,600,000.00    77,370,000.00

	 subsidiaries

2.1.3.   Stock and shares in  			  29,816,672.69    28,568,107.14

	 associated companies

2.1.4.   Non-current receivables from		 166,861,888.07    96.435.599,36

	 associated companies

2.1.5.   Other shares                                265,000.00       265.000,00

2.1.6.   Other financial assets                   17,674,944.40    11.353.010,40

2.1.6.   Other non-current receivables           529,783,844.63   552.166.068,30

2.1.7.   Allowance for doubtful accounts         -54,554,308.00   -31.562.719,00

2.2.     Material non-current assets                                            

2.2.1.   Non-current assets                       17,712,002.03    16.982.453,55

2.2.3.   Prepayments for non-current assets          473,794.97             0.00

2.2.4.   Accumulated depr. on non-current assets   4,193,524.00     3,194,726.00

2.3.     Immaterial non-current assets               273,472.15       386,242.15

         Total non-current assets                765,614,692.30   766,743,839.98

         TOTAL ASSETS                          1,533,492,919.47 1,782,898,802.89

 

         LIABILITIES AND OWNERS' EQUITY                             

1.       Liabilities                                                          

1. 1.    Current liabilities                                                

1. 1. 1. Debt liabilities                         96,744,456.45   211,674,211.05

1.1.2.   Supplier payables                           316,177.27     2,754,175.87

1.1.3.   Liabilities to subsidiaries                  64,400.00        10,351.99

1.1.4.   Liabilities to associated fompanies               0.00             0.00

1.1.5.   Other debt liabilities                    1,034,322.10     4,001,716.63

1.1.6.   Tax liabilities                             291,585.24       568,093.24

1.1.7.   Accrued expenses                                                   

1.1.7.1  Interests                                21,270,829.71    21,500,468.04

1.1.7.2  Salary-related payables                     276,634.31       397,685.38

1.1.8.   Other prepaid revenues                            0.00             0.00

         Total current liabilities               109,998,405.08   240,906,692.20

2.1.     Non-current liabilities                                                

2.1.1.   Bonds issued			         446,946,900.00   375,006,800.00

2.1.2.   Other debt instruments issued           240,000,000.00   240,000,000.00

         Total non-current liabilities           686,946,900.00   615,006,800.00

         Fund's net revenue		         736,547,614.39   926,985,310.69

         TOTAL LIABILITIES AND OWNERS' EQUITY  1,533,492,919.47 1,782,898,802.89