TALLINNA KAUBAMAJA AS

INCOME STATEMENT

01.01.99 - 30.09.99

 

Consolidated/unaudited

in thousand EEK

 

 

REVENUES                                                      9 mos 99       9 mos 98            1998

Net sales                                                      663 836        548 476        844 202

Other revenues                                                  11 255         11 343         11 391

Total revenues                                                 675 092        559 819        855 594

EXPENSES

Goods                                                          497 085        408 262        621 996

Operating expenses                                              57 514         46 661         74 553

Personnel expneses                                              59 406         53 197         80 980

Salary-related expenses                                         44 616         40 390         61 294

social security taxes                                           14 790         12 808         19 686

Depreciation                                                    29 723         22 781         37 264

depreciation and value adjustments of non-current assets        29 619         22 700         37 148

Amortisation of goodwill                                            105             81            116

Other expenses                                                   1 298             632         1 358

Total expenses                                                 645 025        531 533        816 151

OPERATING PROFIT                                                30 067         28 286         39 443

Financial income                                                 2 461             264            467

interest income                                                     343            264            467

other financial income                                           2 118               0              0

Financial expenses                                              13 849          9 996         20 045

financial expenses related with

affiliated companies                                             1 150          1 234          1 465

interest expenses                                               12 599          8 761         13 827

other financial expenses                                            100              1         4 753

Profit before taxes                                             18 679         18 554         19 865

Income tax for the year                                         -5 632         -7 998         -7 952

Deferred income tax                                                   0              0        -2 847

NET PROFIT FOR THE YEAR                                         13 047         10 556          9 065

Minority share                                                     -285           -295           -886

GROUP NET PROFIT (LOSS) FOR THE YEAR                            12 762         10 261          8 180

 

 

Urmo Vallner

Member of the Management Board

+372 64 00 200