AS BALTIKA                                                      

INCOME STATEMENT

01.01-31.10.98

 

In thousand EEK

Unaudited, unconsolidated                                    

                                                                

                                       1998/10  1997/10  Comparison

                                                           98/97

REVENUES                               210,124  184,461      14%

incl. Net sales                        200,301  176,552      13%

Change in inventory                      8,383    1,446     480%

Other revenues                           1,078    6,437     -83%

Noncurrent assets produced                 362       26         

EXPENSES                               194,594  164,784      18%

incl. materials and supplies            91,595   77,289      19%

Personnel expenses                      47,790   42,796      12%

Operating expenses                      46,390   36,997      25%

Depreciation                             5,868    6,134      -4%

Other expenses                           2,951    1,568      88%

COMMERCIAL PROFIT                       15,530   19,677     -21%

 

FINANCIAL INCOME                         2,704    1,860      45%

FINANCIAL EXPENSES                       7,887    9,394     -16%

PROFIT FROM NORMAL OPERATIONS           10,347   12,143     -15%

PROFIT BEFORE TAXES                     10,347   12,142     -15%

 

INCOME TAX                               2,141    2,484     -14%

NET PROFIT                               8,206    9,658     -15%

                

                                                

Meelis Milder                                                   

Chairman of the Management Board