RAKVERE LIHAKOMBINAAT

INCOME STATEMENT



GROUP INCOME STATEMENT, H1 2000



Consolidated, unaudited

in thousand EEK

                                            Q2 2000  Q2 1999  H1 2000 H1 1999

REVENUE



Net sales                                   221,092  198,947  407,812 371,408

Other revenue                                   325      401    2,143   1,037

Total revenue                               221,417  199,348  409,955 372,445



Change in finished goods and

work-in-progress inventories                  1,955    1,411     -198   3,194



Materials, consumables and supplies         153,543  117,708  279,760 223,230

Other operating expenses                     31,277   24,570   52,682  41,375

Personnel expenses                           30,501   30,359   57,945  59,441

Depreciation and value

adjustments to non-current assets            10,250   17,736   20,222  35,588

Other expenses                                  969    1,067    1,912   2,370



Operating profit                             -7,078    6,497   -2,368   7,247



Financial income/expenses

Foreign exchange profit/loss                 -2,094    1,259    3,296   2,829

Interest and other financial income              77      101      185     360

Interest and other financial expenses        -3,317   -4,431   -6,618 -11,010

Total financial income/expenses              -5,334   -3,071   -3,137  -7,821



Profit before taxes                         -12,412    3,426   -5,505    -574



Minority interest                              -492     -292     -188    -794

Net profit                                  -11,920    3,718   -5,317     220



Earnings per share                            -0.32    -0.32    -0.32   -0.32





Teet Soorm

CFO

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