AS RAKVERE LIHAKOMBINAAT

INCOME STATEMENT

01.01-30.06.99

 

  Consolidated, unaudited

  in thousand EEK                                       Group       Group      Parent      Parent

                                                      H1 1999     H1 1998     H1 1999     H1 1998

 

  REVENUES

 

1.Net sales                                            371,408     504,064     262,687     384,527

2.Change in finished goods and                          -3,194      -1,311      -3,158       1,399

  work-in-process inventories

3.Capitalised expenditures                                           1,605

4.Other revenue                                          1,037       2,058         992       1,001

  Total revenues                                       369,251     506,416     260,521     386,927

 

  EXPENSES

 

5.Raw materials, goods, and services                   223,230     370,193     170,719     296,908

6.Other operating expenses                              41,375      34,949      18,722      22,126

7.Personnel expenses

a          Salary expenses                              45,359      50,898      25,232      28,661

b          Social insurance taxes                       14,082      15,754       8,213       9,307

8.Depreciation                                          35,588      35,701      25,773      24,961

9.Other expenses                                         2,370       5,568         756       1,757

  Total expenses                                       362,004     513,063     249,415     383,720

 

  Operating profit                                       7,247      -6,647      11,106       3,207

 

10Financial income                                       5,893       2,251       6,443       2,517

11Financial expenses                                    13,714      20,957      17,329      31,579

 

 

12Earnings before income tax                              -574     -25,353         220     -25,855

  Minority interest                                       -794      -1,945

 

  Net profit/loss for the year                             220     -23,408         220     -25,855

 

  Earnings per share                                      0.01       -0.62