30.08.2000, Tallinna Farmaatsiatehas, TLN

TALLINNA FARMAATSIATEHAS

INCOME STATEMENT



INCOME STATEMENT H1 2000



Thousand  EEK		       Q2 2000     Q2 1999	H1 2000  H1 1999



REVENUE



NET SALES			19 443      14 273       46 302   30 992

CHANGE IN WORK-IN-PROGRESS AND

FINISHED GOODS INVENTORIES       5 869         675        6 549   -1 466

OTHER OPERATING INCOME           2 242         915        4 254    3 755

TOTAL				27 555      15 863       57 105   33 281



EXPENSES

MATERIALS                      -14 683      -8 385      -28 638  -14 066

OTHER OPERATING

EXPENSES			-2 791      -1 485       -7 334   -2 970

PERSONNEL EXPENSES

   WAGES & SALARIES             -3 112      -3 407       -6 256   -6 468

   SOCIAL TAXES                 -1 075      -1 145       -2 156   -2 168

DEPRECIATION			-1 334      -1 474       -2 687   -3 070

OTHER EXPENSES                  -2 179      -1 103       -2 888   -2 378

TOTAL                          -25 174     -16 999      -49 959  -31 119



OPERATING PROFIT (LOSS)          2 381      -1 136        7 147    2 162



FINANCIAL INCOME                    30          24           41      123

FINANCIAL EXPENSES		-1 695      -1 956       -3 392   -3 985



PROFIT (LOSS)

BEFORE TAXES                       716      -3 068        3 796   -1 700

INCOME TAX                         -           356          -        -





NET PROFIT (LOSS) 		   716      -2 712        3 796   -1 700



EARNINGS (LOSS) PER SHARE	  0.59		           3.04





Raivo Unt

Financial Director

+372 6120201