AS VIISNURK

BILANSS

31.03.99

 

Consolidated, unaudited

in thousand EEK

 

                                                   3/31/99    12/31/98     3/31/98

ASSETS

 

CURRENT ASSETS

Cash and bank                                        2,708       4,736       4,159

Marketable securities                                  261         343         568

Accounts receivable                                 20,343      38,065      21,786

Other receivables                                      634         289         824

Prepaid expenses                                     2,403       1,448       2,646

Inventories

  Raw materials                                     12,067      11,957      12,313

  Work-in-progress                                  14,878      11,962      12,390

  Finished goods                                    17,731      16,067      18,149

  Merchandise purchased for resale                   3,232       4,038       3,971

  Prepayments to customers                           2,011       1,602       1,674

Total                                               49,919      45,626      48,498

 

TOTAL CURRENT ASSETS                                76,268      90,507      78,480

 

NON-CURRENT ASSETS

Long-term financial investments                        605         605       4,418

Tangible assets 

  Plant and equipment                               39,673      39,673      28,812

  Other equipment and fixtures                      60,430      59,844      51,108

  Other inventories                                  4,398       4,337       4,035

  Accumulated depreciation (-)                     -44,019     -42,037     -36,464

  Unfinished building                                6,282       4,218       7,825

Total                                               66,764      66,035      55,316

Intangible assets                                      578         595         736

 

TOTAL NON-CURRENT ASSETS                            67,947      67,235      60,470

 

TOTAL ASSETS                                       144,215     157,742     138,950

 

 

LIABILITIES AND OWNERS' EQUITY

 

CURRENT LIABILITIES

Debt obligations                                     8,865      17,367      15,664

Customer prepayments                                   111          78          41

Supplier payables                                   12,129      18,089      13,045

Tax liabilities                                      3,652       2,958       6,637

Accrued expenses                                     4,275       6,287       5,765

 

TOTAL CURRENT LIABILITIES                           29,032      44,779      41,152

 

NON-CURRENT LIABILITIES

Long-term debt obligations                          21,535      21,535      27,422

Other long-term debt                                   307         307           0

Potential income tax liability                       2,859       2,859           0

 

TOTAL NON-CURRENT LIABILITIES                       24,701      24,701      27,422

 

TOTAL LIABILITIES                                   53,733      69,480      68,574

 

MINORITY INTEREST                                    2,851       2,809

 

OWNERS' EQUITY

Share capital in nominal value                      44,990      44,990      44,370

Capital surplus                                     11,332      11,332      10,800

Mandatory reserve capital                            1,514         634         634

Retained earnings		                    27,617      10,908      13,421

Net profit for the year                              2,178      17,589       1,151

 

TOTAL OWNERS' EQUITY                                87,631      85,453      70,376

 

TOTAL LIABILITIES AND OWNERS' EQUITY               144,215     157,742     138,950

 

 

 

Andrus Aljas

Financial director

+372 44 78 355