NORMA

INCOME STATEMENT



CONSOLIDATED INCOME STATEMENT H1 2001



EEK in thousands, unaudited

                            01.04.01- 01.01.01- 01.04.00- 01.01.00-

                            30.06.01  30.06.01  30.06.00  30.06.00



Net sales                    196 170   362 719   144 687   296 274

Cost of goods sold           136 666   245 955    91 523   181 359

Gross profit                  59 504   116 764    53 164   114 915

Marketing expenses             6 068    11 709     5 048    10 003

Administrative and  general      

expenses                       7 147    14 345     6 649    14 344

Product development expenses   5 492     9 379     4 705     9 771

Bad bedt provision             3 197     3 313       562    -2 260

Other income                     511     5 837     1 734     2 733

Other expenses                   855     1 331     2 020     2 531

Operating profit              37 256    82 522    35 914    83 259

Financial income               4 154     7 513       864     2 809

Financial expenses               108       310       881     1 754

Profit before taxes           41 302    89 725    35 897    84 314

Provision for taxes            2 232     2 232         0         0

Net profit                    39 070    87 493    35 897    84 314

                                                                

Earnings per share in kroons    2,96      6,63      2,72      6,39



*Compared to the earlier presented statements,in the current 

report several production related expenses,such as production 

planning and management,health and safety,personnel management 

and material acquisition cost, are recorded as cost of good 

sold instead of general and administration cost.





Peep Siimon

Chairman of the Board

+372 6500 442