EESTI NÄITUSTE AS

INCOME STATEMENT

01.01-31.03.99.a.

 

Unaudited

(in thousand EEK)

 

                                                       	       Q1          Q1   change (%)       Year

                                                             1999        1998                    1998

 

1. net sales                                               14,080      14,801          -5      45,940

2. cost of services sold                                    4,916       4,836           2      22,218

gross profit                                                 9,164       9,965          -8      23,722

 

3. marketing expenses                                       2,441       1,031         137       7,071

4. administrative expenses                                  1,105       1,243         -11       6,261

5. other revenues                                             198         217          -9       4,007

6. other expenses                                              59         107         -45         865

commercial profit                                           5,757       7,801         -26      13,532

 

7. FINANCIAL REVENUES 

 - financial revenues from long-term financial investments                                         27

 - foreign exchange gain                                                                            1

 - other interest and financial revenues                      119           7        1600         423

Total financial revenues                                      119           7        1600         451

 

8. FINANCIAL EXPENSES

 - interest expenses                                          486         501          -3       2,131

 - foreign exchange loss                                        7          12         -42          61

-  other financial expenses                                     1                                  38

Total financial expenses                                      494         513          -4       2,230

 

OPERATING PROFIT                                            5,382       7,295         -26      11,753

 

PROFIT BEFORE TAXES                                         5,382       7,295         -26      11,753

 

   INCOME TAX                                               1,399       1,897         -26       2,213

 

NET PROFIT FOR THE YEAR                                     3,983       5,398         -26       9,540

 

 

Number of shares                                          3200000     1600000                 3200000

 

Earnings per share                                           1.24        3.37         -63        2.98