09.05.2001, Tallinna Farmaatsiatehas, TLN

TALLINNA FARMAATSIATEHAS

INCOME STATEMENT



AUDITED INCOME STATEMENT, 2000



Consolidated

Audited

in thousand EEK                               2000    1999



REVENUE

NET SALES                                  102,172  74,796

CHANGE IN WORK-IN-PROGRESS AND

FINISHED GOODS INVENTORIES                  -1,076  -2,919

OTHER OPERATING INCOME                       8,502   7,104

TOTAL REVENUE                              109,599  78,981



EXPENSES

MATERIALS, CONSUMABLES AND SUPPLIES        -47,775 -33,306

OTHER OPERATING EXPENSES                   -14,874  -9,254

PERSONNEL EXPENSES

   WAGES & SALARIES                        -12,839 -12,263

   SOCIAL TAXES                             -4,397  -4,121

DEPRECIATION                                -5,325  -5,807



OTHER EXPENSES                              -7,120  -5,372

TOTAL EXPENSES                             -92,330 -70,123



OPERATING PROFIT (-LOSS)                    17,269   8,858



FINANCIAL INCOME                                64   3,751

FINANCIAL EXPENSES                          -6,745  -6,827



NET PROFIT (LOSS)                           10,587   5,782



EARNINGS (LOSS) PER SHARE                     8.47    2.64





Raivo Unt

Financial Director

+372 612 0201