| Balance Sheet |
| as of December
31, 2004 and 2003 |
| (In thousands
of Reais) |
|
|
|
|
|
|
|
| ASSETS |
|
|
|
|
|
|
|
|
PARENT COMPANY |
|
CONSOLIDATED |
|
2004 |
|
2003 |
|
2004 |
2003 |
|
|
|
|
|
|
|
| CURRENT ASSETS |
234.748 |
|
183.888 |
|
234.795 |
184.191 |
|
|
|
|
|
|
|
| Cash and Cash
Equivalents / |
20.733 |
|
39.549 |
|
20.779 |
39.673 |
| Investments in the money market |
|
|
|
|
|
|
| Clients |
97.577 |
|
60.041 |
|
97.578 |
60.220 |
| Inventories |
82.460 |
|
51.184 |
|
82.460 |
51.184 |
| Taxes Recoverable |
30.969 |
|
27.215 |
|
30.969 |
27.215 |
| Receivables |
1.115 |
|
1.292 |
|
1.115 |
1.292 |
| Prepaid Expenses |
1.894 |
|
4.607 |
|
1.894 |
4.607 |
|
|
|
|
|
|
|
| LONG-TERM ASSETS |
32.594 |
|
40.254 |
|
32.594 |
40.254 |
|
|
|
|
|
|
|
| Deferred Taxes |
9.676 |
|
7.244 |
|
9.676 |
7.244 |
| Judicial Deposits |
18.689 |
|
19.590 |
|
18.689 |
19.590 |
| Taxes Recoverable |
3.036 |
|
11.552 |
|
3.036 |
11.552 |
| Blocked Deposits |
1.193 |
|
1.868 |
|
1.193 |
1.868 |
|
|
|
|
|
|
|
| PERMANENT ASSETS |
226.872 |
|
218.528 |
|
225.074 |
216.516 |
|
|
|
|
|
|
|
| Investments |
7.643 |
|
5.668 |
|
5.845 |
3.656 |
| Property, Plant &
Equipment |
162.222 |
|
152.802 |
|
162.222 |
152.802 |
| Deferred Charges |
17.648 |
|
15.404 |
|
17.648 |
15.404 |
| Unamortized Premium |
39.359 |
|
44.654 |
|
39.359 |
44.654 |
|
|
|
|
|
|
|
| TOTAL ASSETS |
494.214 |
|
442.670 |
|
492.463 |
440.961 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| LIABILITIES |
|
|
|
|
|
|
|
|
PARENT COMPANY |
|
CONSOLIDATED |
|
2004 |
|
2003 |
|
2004 |
2003 |
|
|
|
|
|
|
|
| CURRENT LIABILITIES |
97.333 |
|
94.941 |
|
96.218 |
93.925 |
|
|
|
|
|
|
|
| Suppliers - Trade
Payables |
22.724 |
|
16.458 |
|
22.725 |
16.635 |
| Personnel |
6.950 |
|
7.341 |
|
6.950 |
7.341 |
| Taxes and Accounts
Payable |
19.953 |
|
29.138 |
|
18.837 |
27.945 |
| Financial Institutions |
28.672 |
|
30.052 |
|
28.672 |
30.052 |
| Dividends and
Participation |
19.034 |
|
11.952 |
|
19.034 |
11.952 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| LONG-TERM LIABILITIES |
109.445 |
|
112.709 |
|
108.809 |
112.016 |
|
|
|
|
|
|
|
| Financial Institutions |
31.385 |
|
25.566 |
|
31.385 |
25.566 |
| Provision for Taxes and
Contributions |
52.038 |
|
50.776 |
|
52.038 |
50.776 |
| Provision for
Contingencies |
25.386 |
|
35.674 |
|
25.386 |
35.674 |
| Controlled Company |
636 |
|
693 |
|
0 |
|
|
|
|
|
|
|
|
| SHAREHOLDERS' EQUITY |
287.436 |
|
235.020 |
|
287.436 |
235.020 |
|
|
|
|
|
|
|
| Capital |
175.000 |
|
164.306 |
|
175.000 |
164.306 |
| Capital Reserves |
42.032 |
|
49.206 |
|
42.032 |
49.206 |
| Revenue Reserves |
70.404 |
|
21.508 |
|
70.404 |
21.508 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| TOTAL LIABILITIES |
494.214 |
|
442.670 |
|
492.463 |
440.961 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|