KALEV

BALANCE SHEET

 

CONSOLIDATED BALANCE SHEET 31.03.2000

Unaudited

In thousand EEK

 

ASSETS

                                  Note Consolidated  Consolidated

CURRENT ASSETS                             31.03.00      31.12.99

CASH AND BANK                                 1,053         2,696

MARKETABLE SECURITIES                         2,283           757

CUSTOMER RECEIVABLES                         25,219        34,139

OTHER RECEIVABLES                            10,332        20,849

PREPAID EXPENSES                              1,545         1,003

INVENTORIES                                  32,823        35,339

TOTAL CURRENT ASSETS                         73,255        94,783

 

NON-CURRENT ASSETS

OTHER NON-CURRENT RECEIVABLES                   401           401

TANGIBLE ASSETS                     1       137,890       125,207

TOTAL NON-CURRENT ASSETS                    138,291       125,608

 

T O T A L  A S S E T S                      211,546       220,391

 

LIABILITIES AND OWNERS' EQUITY

 

LIABILITIES

DEBT OBLIGATIONS                    2        17,606        28,435

CUSTOMER PREPAYMENTS                            236            78

SUPPLIER PAYABLES                            33,256        27,912

TAX LIABILITIES                               5,279         6,305

OTHER LIABILITIES                            22,480        19,655

TOTAL CURRENT LIABILITIES                    78,857        82,385

 

LONG-TERM BORROWINGS                2        51,168        61,785

OTHER LONG-TERM DEBT                            394           394

TOTAL NON-CURRENT LIABILITIES                51,562        62,179

 

OWNERS' EQUITY

SHARE CAPITAL                       3        78,775        78,775

REVALUATION RESERVES                         62,199        62,199

RETAINED EARNINGS                           -21,973       -21,973

NET LOSS FOR THE YEAR                       -43,174       -43,174

NET PROFIT FOR THE YEAR                       5,300

TOTAL OWNERS' EQUITY                         81,127        75,827

 

TOTAL LIABILITIES AND OWNERS' EQUITY        211,546       220,391

 

 

 

Kristina Seimann

PR manager

372 6 283 858