RAKVERE LIHAKOMBINAAT

INCOME STATEMENT



CONSOLIDATED INCOME STATEMENT, Q1 2000



Consolidated, unaudited

in thousand EEK

					Q1 2000	       Q1 1999	

REVENUE			

			

Net sales				186,720	       172,461	

Other revenue				    818		 1,843	

Total revenue				188,538	       174,304	

			

Change in finished goods 

and work-in-progress inventories	 -2,153		 1,783	

			

Materials, consumables and supplies	126,217	       105,522	

Other operating expenses		 21,405		16,805	

Personnel expenses			 27,444		29,082	

Depreciation and value 

adjustments to non-current assets	  9,972	        17,852	

Other expenses				    943		 3,286	

			

Operating profit		   	  4,710	           -26	   

			

Financial income/expenses		

Foreign exchange profit/loss		  5,390	           135	

Interest and other financial income         108	         2,470	

Interest and other financial expenses    -3,301	        -6,579	

Total financial income/expenses	          2,197	        -3,974	

			

Profit before taxes	                  6,907	        -4,000	

			

Minority interest	                    304	          -502	

Net profit	                          6,603   	-3,498	

			

Earnings per share	                   0,18	         -0,09





Andrit Heidov

Information Manager

+372 32 29 211