RAKVERE LIHAKOMBINAAT

INCOME STATEMENT



UNAUDITED CONSOLIDATED INCOME STATEMENT, 2000



Consolidated, unaudited

in thousand EEK



                                                2000       1999

REVENUE

Net sales                                    891,648    737,748

Other revenue                                  4,659     15,518

Total revenue                                896,307    753,266



EXPENSES

Change in finished goods

and work-in-progress inventories               5,367         75

Materials, consumables and supplies         -609,841   -462,921

Other operating expenses                    -109,960    -79,376

Personnel expenses                          -122,679   -114,674

Depreciation and value

adjustments to non-current assets            -50,883    -57,636

Other expenses                                -3,316     -9,978



Operating profit                               4,995     28,756



Financial income/expenses

Loss from sales of subsidiaries                    0       -200

Foreign exchange profit/loss                   7,691      9,932

Interest and other financial income            2,589      1,688

Interest and other financial expenses        -14,380    -19,770

Goodwill amortisation                            -64          0

Total financial income/expenses               -4,164     -8,350



Earnings before income tax                       831     20,406

Income tax                                        -4        -53

Minority interest                                389        712

Net profit                                     1,216     21,065



Earnings per share                            0.0320     0.5584





Rita Ukkivi

Chief Accountant





Siim Kallast

CFO

+372 32 29 231