ESTIKO

INCOME STATEMENT



CONSOLIDATED INCOME STATEMENT, Q3 2000



unaudited

in EEK thousand

scheme 2

                                         Q3 2000  Q3 1999  9 m 2000  9 m 1999





Net sales                                 39,398   36,939   121,986   109,038

Cost of goods sold                        29,221   28,022    97,232    85,571



Gross profit (loss)                       10,177    8,917    24,754    23,467



Marketing expenses                         1,953    1,118     4,452     3,300

Administrative expenses                    3,192    2,639     9,186     7,789

Other revenues                               220      739     1,194       807

Other expenses                               405      693       718     1,072



OPERATING PROFIT                           4,847    5,206    11,592    12,113



FINANCIAL INCOME

Financial income from subsidiaries           -17        0         0        18

Foreign exchange gain                          0        3         0        16

Other interest and financial income           17      181        50       305



TOTAL FINANCIAL INCOME                         0      184        50       339



FINANCIAL EXPENSES



Financial expenses related

with subsidiaries                              0        0         0       335

Interest expenses                          1,657    2,024     5,392     6,028

Foreign exchange loss                         62       74       174        98

Other financial expenses                      18        0        47         0

TOTAL FINANCIAL EXPENSES                   1,737    2,098     5,613     6,461



NET PROFIT (-LOSS) FOR THE PERIOD          3,110    3,292     6,029     5,991



NET PROFIT (-LOSS) FOR THE YEAR            3,110    3,292     6,029     5,991

Minority interest                           -208     -103      -614      -496

Parent company                             3,318    3,393     6,643     6,485





Basic earnings per share                    0.56     0.58      1.11      1.18



Diluted earnings per share                  0.56     0.58      1.11      1.18





Ellen Tohvri

Management Board chairman

+372 7 308 302