NORMA

BALANCE SHEET



PARENT COMPANY BALANCE SHEET AS OF 30.06.01



EEK in thousands ,unaudited



Assets                                30.06.01   31.12.00

                                          

Current assets                                  

  Cash and bank accounts                24 186     54 903

  Markstable securities                 92 455     88 300

  Accounts recevable                   180 889    126 800

  Allowance for doubtful receivables   -19 644    -16 395

  Other recevables and prepayments      86 782     90 155

  Inventiries                           68 380     59 332

Total current assets                   433 048    403 095

Non-current assets                                      

  Long-term financial assets            75 529     73 430

  Property, plant and equipment        103 915     97 281

  Intangible assets                        931      1 271

Total non-current assets               180 375    171 982

Total assets                           613 423    575 077

                                                        

Liabilities and shareholders´ equity

                   

Liabilities                                             

Current liabilities                                     

  Accounts payable abd accrued          

expenses                                88 793     71 940

Total current liabilities               88 793     71 940

Total liabilities                       88 793     71 940

Owners` equity                                          

  Share capital (par value)            132 000    132 000

  Retained earning and reserves        305 137    213 688

  Net profit                            87 493    157 449

Total owners´ equity                   524 630    503 137

Total liabilities and owners´ equity   613 423    575 077





Peep Siimon

Chairman of the Board

+372 6500 442