SAKU ÕLLETEHASE AS

INCOME STATEMENT

01.01.-30.09.99

 

Consolidated, unaudited

in thousand EEK

 

 

                                                        Group*        Group*       Parent*       Parent*

                                                      9 months      9 months      9 months      9 months

                                                          1999          1998          1999          1998

Revenues

Net sales                                              567,894       407,401       573,506       462,647

Change in inventories                                    3,535         3,865         3,916         5,407

Other revenues                                             346           780           321           768

Total revenues                                         571,775       412,046       577,743       468,822

 

Expenses

Materials, consumables, supplies and                   359,670       254,955       366,122       313,805

services

Operating expenses                                      87,111        62,672        86,738        61,553

Personnel expenses

Salaries                                                22,099        18,946        22,014        18,262

Social security taxes                                    7,451         6,349         7,422         6,117

Depreciation                                            22,743        18,324        22,743        18,324

Other expenses                                           4,469         1,180         4,469         1,172

Total expenses                                         503,543       362,426       509,508       419,233

 

OPERATING PROFIT                                        68,232        49,620        68,235        49,589

 

Financial income

Financial income from subsidiaries                                                       8            74

Interest income                                          1,902         2,857         1,892         2,814

Foreign exchange gain                                        1

Total financial income                                   1,903         2,857         1,900         2,888

 

Financial expenses

Expenses from subsidiaries                               1,000             0         1,000             0

Total financial expenses                                 1,000             0         1,000             0

 

PROFIT BEFORE INCOME TAX                                69,135        52,477        69,135        52,477

Income tax                                              16,081        12,924        16,081        12,924

Deferred income tax                                      1,614         2,473         1,614         2,473

NET PROFIT FOR YEAR                                     51,440        37,080        51,440        37,080

 

Earnings per share                                        6.43          4.64          6.43          4.64

 

 

* - consolidated, unaudited