BALANCE SHEET AS OF

DECEMBER 31, 2003 AND 2002

voltar

 

( Expressed in thousands of Reais )

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A  S  S  E  T  S

 

 

 

 

 

 

 

 

 

Parent Company

Consolidated

 

2003

 

2002

 

2003

 

2002

 

 

 

 

 

 

 

 

CURRENT ASSETS

183.888

 

83.154

 

184.191

 

84.513

 

 

 

 

 

 

 

 

Cash and Cash Equivalents/Investments

39.549

 

5.595

 

39.673

 

6.254

Clients – Trade Receivables

60.041

 

28.687

 

60.220

 

29.387

Inventories

51.184

 

33.271

 

51.184

 

33.271

Taxes to be Offset

27.215

 

12.362

 

27.215

 

12.362

Receivables

1.292

 

1.445

 

1.292

 

1.445

Prepaid Expenses

4.607

 

1.794

 

4.607

 

1.794

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LONG-TERM ASSETS

40.254

 

46.197

 

40.254

 

46.197

 

 

 

 

 

 

 

 

Deferred Taxes

7.244

 

-

 

7.244

 

-

Judicial Deposits

19.590

 

11.179

 

19.590

 

11.179

Taxes Recoverable

11.552

 

8.190

 

11.552

 

8.190

Blocked Deposits

1.868

 

641

 

1.868

 

641

Affiliated Companies

-

 

26.187

 

-

 

26.187

 

 

 

 

 

 

 

 

PERMANENT ASSETS

218.528

 

62.845

 

216.516

 

60.419

 

 

 

 

 

 

 

 

Investments

5.668

 

6.635

 

3.656

 

4.209

Property, Plant and Equipment

152.802

 

52.016

 

152.802

 

52.016

Deferred Charges

15.404

 

4.194

 

15.404

 

4.194

Unamortized Premium

44.654

 

-

 

44.654

 

-

 

 

 

 

 

 

 

 

TOTAL ASSETS

442.670

 

192.196

 

440.961

 

191.129

 

 

 

 

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 


 

 

BALANCE SHEET AS OF

DECEMBER 31, 2003 AND 2002

 

( Expressed in thousands of Reais )

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

L I A B I L I T I E S

 

 

 

 

 

 

 

 

 

Parent Company

Consolidated

 

2003

 

2002

 

2003

 

2002

 

 

 

 

 

 

 

 

CURRENT LIABILITIES

94.941

 

78.669

 

93.925

 

77.602

 

 

 

 

 

 

 

 

Suppliers – Trade Payables

16.458

 

16.207

 

16.635

 

16.564

Personnel Obligations

7.341

 

3.812

 

7.341

 

3.812

Taxes and Accounts Payable

29.138

 

18.589

 

27.945

 

17.165

Financial Institutions

30.052

 

40.061

 

30.052

 

40.061

Dividends and Participations

11.952

 

-

 

11.952

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LONG-TERM LIABILITIES

112.709

 

81.900

 

112.016

 

81.900

 

 

 

 

 

 

 

 

Financial Institutions

25.566

 

21.164

 

25.566

 

21.164

Provision for Taxes and Contributions

50.776

 

21.302

 

50.776

 

21.302

Provision for Contingencies

35.674

 

39.434

 

35.674

 

39.434

Controlled Company

693

 

-

 

-

 

-

 

 

 

 

 

 

 

 

SHAREHOLDERS’ EQUITY

235.020

 

31.627

 

235.020

 

31.627

 

 

 

 

 

 

 

 

Capital

164.306

 

97.899

 

164.306

 

97.899

Capital Reserves

49.206

 

-

 

49.206

 

-

Revenue Reserves

21.508

 

(66.272)

 

21.508

 

(66.272)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL LIABILITIES

442.670

 

192.196

 

440.961

 

191.129

 

 

 

 

 

 

 

 

The accompanying notes are an integral part of these financial statements.