RAKVERE LIHAKOMBINAAT

INCOME STATEMENT



CONSOLIDATED INCOME STATEMENT, 3M 2001



Consolidated, unaudited

in thousand EEK

                                           Q1 2001   Q1 2000



REVENUE



Net sales                                  225,411   186,720

Other revenue                                1,695     1,818

Total revenue                              227,106   188,538



Change in finished goods

and work-in-progress inventories            -6,329    -2,153



Materials, consumables and supplies        151,601   126,217

Other operating expenses                    28,868    21,405

Personnel expenses                          29,725    27,444

Depreciation value adjustments              10,104     9,972

to non-current assets

Other expenses                                 290       943



Operating profit                            12,847     4,710



Financial income/expenses

Foreign exchange profit/loss                   -19     5,390

Interest and other financial income          1,078       108

Interest and other financial expenses       -3,609    -3,301

Total financial income/expenses             -2,550     2,197



Profit before taxes                         10,297     6,907



Minority interest (loss)                        -3       304

Net profit (loss) for the quarter           10,300     6,603



Earnings per share                            0.27      0.18





Olle Horm

Management Board chairman

+372 32 29221