AS HARJU ELEKTER

INCOME STATEMENT

01.01.99 - 30.09.99

 

 

Consolidated/unaudited

in thousand EEK

 

                                                                      Parent                         Group

                                                                   9 mos 1999     9 mos 1998     9 mos 1999     9 mos 1998

NET SALES                                                               94420         106863         108211         115349

Cost of goods sold                                                      77104          83719          87853          90021

Gross profit                                                            17316          23144          20358          25328

Operating expenses, incl.                                                9338          10897          10821          11782

Marketing expenses                                                       2157           3049           2928           3463

Administrative expenses                                                  6688           7013           7400           7504

Development expenses                                                      493            835            493            815

Amortisation of goodwill                                                   x              x              72             26

Other income                                                              750            131            754            136

Other expenses                                                            484            518            525            527

Operating profit                                                         8244          11860           9694          13130

Financial income from subsidiaries                                       2587              0           2587              0

Financial income from affiliated companies                                  0              0            123           1645

Financial income from other holdings                                     4519           4174           4519           4174

Foreign exchange gain                                                       1             14              4             16

Other interest and financial income                                       544            196            503            145

Total financial income                                                   7651           4384           7736           5980

Financial expenses related with affiliated companies                        0              0              0              0

Interest expenses                                                        1036            692           1178            812

Amortisation of financial assets                                            0             14              0             28

Foreign exchange loss                                                      21              0             30              0

Other financial expenses                                                   61            955             61            981

Total financial expenses                                                 1118           1661           1269           1821

Profit from normal operations                                           14777          14583          16161          17289

Income tax                                                               1962           2960           1962           3146

Net profit for the year                                                 12815          11623          14199          14143

 

 

 

Karin Padjus

Chief Accountant

+372 67 47 403