PRO KAPITAL

INCOME STATEMENT

 

GROUP AUDITED INCOME STATEMENT 1999

 

Consolidated, audited

(EEK)

                                                Group                AS Pro Kapital

                                                1999          1998            1999          1998

                                                                                       corrected

 

Net sales                                215,852,443    93,815,085      83,184,149    58,756,765

Cost of goods sold                       169,096,511    47,427,549      70,071,457    18,288,433

Gross profit                              46,755,932    46,387,536      13,112,692    40,468,332

Marketing expenses                         6,110,121     1,467,645       2,901,834     1,467,645

Administrative expenses                   41,995,002    36,066,311      20,096,973    22,377,338

 

Other revenue                              2,607,759       696,557         651,516       475,175

Other expenses                             2,542,557     1,734,220         852,124       829,321

Operating profit                          -1,283,990     7,815,917     -10,086,723    16,269,203

 

Financial income                          17,202,369     1,358,207      18,348,189     1,435,840

Financial expenses                        14,995,526     8,446,136       6,394,167    12,624,827

Profit (-loss) before taxes                  922,853       727,988       1,867,299     5,080,216

Income tax                                    -7,770     4,866,503        -933,451     4,786,526

Minority interest                         -1,870,127    -4,968,705

Net profit                                 2,800,750       830,190       2,800,750       293,690

 

Basic earnings per share (EEK)                  0.15          0.07

Diluted earnings per sahre (EEK)                0.22          0.07

 

 

Ilona Saari

CFO

Pro Kapital Group

tel. +372 614 4920