ESTIKO

INCOME STATEMENT



CONSOLIDATED INCOME STATEMENT, Q1 2001



in EEK thousand

scheme 2

                                         Q1 2001  Q1 2000



Net sales                                 42,164   36,537

Cost of goods sold                        33,280   31,129



Gross profit (loss)                        8,884    5,408



Marketing expenses                         1,227    1,053

Administrative expenses                    2,954    2,542

Other revenues                             3,370      481

Other expenses                               205       72



OPERATING PROFIT                           7,868    2,222



FINANCIAL INCOME

Financial income from subsidiaries             0       17

Other interest and financial income            8       11



TOTAL FINANCIAL INCOME                         8       28



FINANCIAL EXPENSES



Interest expenses                          2,132    1,817

Foreign exchange loss                        115       39

Other financial expenses                      31        8

TOTAL FINANCIAL EXPENSES                   2,278    1,864



NET PROFIT (-LOSS) FOR THE PERIOD          5,598      386



NET PROFIT (-LOSS) FOR THE YEAR            5,598      386

Minority interest                                    -192

Parent company                             5,598      578





Basic earnings per share                    0.95     0.09



Diluted earnings per share                  0.95     0.09





Ellen Tohvri

Management Board chairman

+372 737 1000