FAKTO

INCOME STATEMENT



CONSOLIDATED INCOME STATEMENT 01.01.-30.09.2000



Consolidated, unaudited

in thousand EEK

                                           AS Fakto         Group

                                       9m 2000 9m 1999 9m 2000 9m 1999

Revenues

Net sales                              135,418 127,255 291,601 217,761

Other revenues                           1,754   1,513   4,071   3,473

Total revenues                         137,172 128,768 295,672 221,234



Expenses

Materials, consumables,

supplies and services                  112,984 103,224 245,315 173,173

Other operating expenses                 4,959   4,784  15,687  12,729

Personnel expenses

Salary expenses                          9,745   9,604  16,825  16,224

Social security taxes                    2,854   2,925   4,916   4,904

Total personnel expenses                12,599  12,529  21,742  21,128

Depreciation and value adjustments

to non-current assets                    1,776   2,771   4,466   5,216

Other expenses                           1,338   1,295   4,708   4,835

Total expenses                         133,657 124,604 291,917 217,082



Operating profit                         3,515   4,165   3,755   4,152



Financial income

Financial income from subsidiaries         938   1,046       0       0

Foreign exchange gain                        0       1      22       5

Other interest and financial income         26      64     615   1,031

Total financial income                     964   1,111     637   1,036



Financial expenses

Financial expenses

related to subsidiaries                  3,277   4,095     285     325

Other financial expenses                     0       0     263     136

Interest expense                         1,365   1,667   3,558   4,255

Foreign exchange loss                        1       0      37      38

Total financial expenses                 4,642   5,763   4,143   4,754



Income tax                                   0     674       0   1,116

Deferred income tax liability                0     -90       0     -60

Minority interest in subsidiary              0       0     413     450



Net profit                                -163  -1,071    -163  -1,071





Toivo Urva

Management Board chairman

+372 638 920