AS ESTIKO

INCOME STATEMENT

01.01-30.06.99

 

Consolidated, unaudited

in thousand EEK

                               

                                             

                                               H1 1999   H1 1998

REVENUES                                                          

Net sales                                       72 099   243 419

Change in work-in-process and finished goods 

inventories                                       -193     1 362

Capitalized self-constructed assets                          278

Other revenues                                      68     2 688

TOTAL REVENUES                                  71 974   247 747

EXPENSES                                                          

Raw materials, goods, and services              35 330   188 237

Operating expenses                               9 547    17 042

Personnel expenses                              14 431    26 928

Depreciation                                     5 380     4 887

Other expenses                                     379       608

TOTAL EXPENSES                                  65 067   237 702

OPERATING PROFIT                                 6 907    10 045

FINANCIAL REVENUES                                 155       332

FINANCIAL EXPENSES                               4 363     4 025

PROFIT FROM NORMAL OPERATIONS                    2 699     6 352

PROFIT (-LOSS) BEFORE INCOME TAX                 2 699     6 352

Income tax                                                 2 576

NET PROFIT (-LOSS) FOR THE YEAR                  2 699     3 776

Minority interest                                 -393      -276

Parent company                                   3 092     4 052