AS EESTI TELEFON

INCOME STATEMENT

30.09.98

 

Consolidated (IAS)

in thousand EEK

                                                    9 months 98 9 months 97        1997        1996        1995

 

REVENUES

Net sales                                             1,432,833   1,081,499   1,515,994   1,153,983     817,235

Change in work-in-progress and                                                        

finished goods inventories      	                   -204       2,028       2,250           -           -

Other revenues                                           17,751      31,663      38,789      21,573      22,721

Total revenues                                        1,450,380   1,115,190   1,557,033   1,175,556     839,956

 

EXPENSES

Raw materials, goods and services                       333,842     239,992     347,682     225,509     109,302

Other operating expenses                                163,330     144,767     221,919     186,077     159,774

Personnel expenses                                      248,831     208,394     299,036     255,785     207,528

Other expenses                                           12,618      15,908      29,755      46,882      37,539

Total expenses                                          758,621     609,061     898,392     714,253     514,143

 

 

Operating profit before accumulated depreciation        691,759     506,129     658,641     461,303     325,813

 

Depreciation and change in non-current assets           383,762     259,444     361,627     252,619     185,299

Operating profit                                        307,997     246,685     297,014     208,684     140,514

 

FINANCIAL REVENUES

Income from other financial investments                      75         133           -           2          14

Profit from the exchange differences                      2,782         445         702       9,052      14,821

Other financial revenues                                  2,620       1,297       1,523       2,065       1,201

Total financial revenues                                  5,477       1,875       2,225      11,119      16,036

 

FINANCIAL EXPENSES

Interest expenses                                        47,170      46,206      59,794      71,411      56,101

Loss from the exchange differences                          631       1,780       1,323       8,570      22,678

Other financial expenses                                 25,032       8,939      10,076       2,043       1,781

Total financial expenses                                 72,833      56,925      71,193      82,024      80,560

 

PROFIT BEFORE INCOME TAX                                240,641     191,635     228,046     137,779      75,990

 

Income tax: expense (-) / income (+)                    -34,351     -26,450     -49,305      55,778      56,447

PROFIT AFTER INCOME TAX                                 206,290     165,185     178,741     193,557     132,437

 

Minority interest                                         1,479        -488        -119      -1,539           -

 

GROSS PROFIT FOR THE PERIOD                             204,811     165,673     178,860     195,096     132,437