AS VIISNURK

INCOME STATEMENT

01.01-31.12.98

 

(EEK)

consolidated, audited

                                                  Group           Group             Parent          Parent

                                                   1998            1997               1998            1997

 

NET SALES                                   201,619,366     200,611,652        200,033,775     200,611,652

Cost of sales (appendix 19)                 154,028,702     148,120,716        151,663,928     148,120,716

Gross profit                                 47,590,664      52,490,936         48,369,847      52,490,936

 

Marketing expenses (appendix 20)             12,549,981      11,954,526         12,547,081      11,954,526

Administrative expenses (appendix 21)        10,415,032      11,479,801         10,202,275      11,479,801

Other commercial revenues (appendix 22)       1,152,308         290,977          1,144,488         290,977

Other commercial expenses (appendix 23)       2,356,879       4,091,463          2,161,726       4,091,463

Commercial profit                            23,421,080      25,256,123         24,603,253      25,256,123

 

Financial revenues (appendix 24)                299,028         584,302            298,454         584,302

Financial expenses (appendix 25)              5,085,588       6,677,059          5,068,391       6,677,059

 

Operating profit                             18,634,520      19,163,366         19,833,316      19,163,366

 

Potential income tax (appendix 26)              345,963         559,705            345,963         559,705

 

Income tax (appendix 26)                      1,290,550       4,553,994          1,290,550       4,553,994

Profit for the financial year                16,998,007      14,049,667         18,196,803      14,049,667

Minority interest                               591,006

Net profit for the group                     17,589,013

 

 

Earnings per share                              3.93            3.37

Diluted earnings per share                      3.74            3.22