AS PRO KAPITAL

INCOME STATEMENT

01.01-31.03.99

 

Income statement (in kroons)

(consolidated, unaudited)

 

                                                 Group                          AS  Pro Kapital

                                     31.03.1999         31.03.1998        31.03.1999        31.03.1998

 

 

Net sales                            37,380,659          3,907,585        35,973,498         3,907,585

Cost of goods sold                   30,333,158          2,203,062        28,424,160         2,203,062

Gross profit                          7,047,501          1,704,523         7,549,338         1,704,523

Marketing expenses                    1,838,553                            1,241,330               -

Administrative expenses               6,278,245          6,060,801         3,236,257         4,978,186

 

Other revenue                           137,194              8,876            70,200               961

Other expenses                        1,909,690             63,057         1,752,958            50,122

Operating profit                    - 2,841,793       -  4,410,459         1,388,993      -  3,322,824

Financial revenue                     3,798,700             17,919         3,762,189            16,235

Financial expenses                    2,144,024          1,144,872             6,234             9,829

Profit (-loss) before taxes         - 1,187,118       -  5,537,412         5,144,948      -  3,316,418

Income tax                                  -                                    -

Potential income tax                        -                                    -

Minority interest                   - 2,132,552       -    727,105

Net profit                              945,434       -  4,810,307         5,144,948      -  3,316,418