EESTI NÄITUSTE AS

INCOME STATEMENT

January-June 1999

 

 

Unaudited

Thousand EEK

 

                                                      H1 1999      H1 1998  change (%)         1998

 

 1. Net sales                                          23,133       27,171         -15       45,940

 2. Cost of services sold                               8,886       11,284         -21       22,218

Gross profit                                           14,247       15,887         -10       23,722

 

 3. Marketing expenses                                  3,756        4,970         -24        7,071

 4. Administrative expenses                             1,941        2,249         -14        6,261

 5. Other revenue                                         436        3,250         -87        4,007

 6. Other expenses                                        202          301         -33          865

 

OPERATING PROFIT                                        8,784       11,617         -24       13,532

 

 7. FINANCIAL REVENUE

  - revenue from long-term financial investments                        27                       27

  - foreign exchange gain                                                                         1

  - other interest and financial revenue                  119           36         231          423

TOTAL FINANCIAL REVENUES                                  119           63          89          451

 

 8. FINANCIAL EXPENSES

  - interest expenses                                     879          972         -10        2,131

  - foreign exchange loss                                  12           50         -76           61

 -  other financial expenses                               11                                    38

TOTAL FINANCIAL EXPENSES                                  902        1,022         -12        2,230

 

Profit from normal operations                           8,001       10,658         -25       11,753

 

Profit before taxes                                     8,001       10,658         -25       11,753

    income tax                                          2,080        2,771         -25        2,213

 

NET PROFIT FOR THE YEAR                                 5,921        7,887         -25        9,540

 

Number of shares                                    3,200,000    1,600,000                3,200,000

Earnings per share                                       1.85         4.93         -62         2.98