FAKTO

INCOME STATEMENT



CONSOLIDATED INCOME STATEMENT, 01.01.00-31.12.00



Consolidated, unaudited

in thousand EEK



                                                       2000      1999

Revenues

Net sales                                           400,999   290,899

Other revenues                                        7,329     5,470

Total revenues                                      408,328   296,369



Expenses

Materials, consumables, supplies and services       337,515   232,415

Other operating expenses                             22,136    18,272

Personnel expenses

Salary expenses                                      20,817    20,979

Social security taxes                                 6,852     6,872

Total personnel expenses                             27,669    27,851

Depreciation and value adjustments

 to non-current assets                                5,948     6,935

Other expenses                                        5,910     7,263

Total expenses                                      399,179   292,736



Operating profit                                      9,150     3,633



Financial income

Foreign exchange gain                                    31         7

Other interest and financial income                     919     1,405

Total financial income                                  950     1,412



Financial expenses

Financial expenses related to subsidiaries              380       420

Other financial expenses                                549       186

Interest expense                                      5,015     5,529

Foreign exchange loss                                    46        58

Total financial expenses                              5,990     6,193



Extraordinary income                                      0     2,294



Profit before income tax                              4,110     1,146



Income tax                                                0       161

Minority interest in subsidiary                       1,419       165



Net profit                                            2,691       820





Toivo Urva

Management Board chairman

+372 638 9200