XXL.EE

CORRECTED INCOME STATEMENT

 

CORRECTED INCOME STATEMENT 99/09

 

Corrections were made in columns 01.07.98-30.06.99 and 01.07.98-30.09.99.

 

 

Financial year: 01.07.98-31.12.99

in thousand EEK                                               parent                 parent         Total

                                                   01.07.98-30.06.99      01.07.99-30.09.99 01.07.98-30.09.99

 

Net sales                                                    101,663                  5,963       107,626

Other revenue                                                  2,063                    235         2,298

Total revenue                                                103,726                  6,199       109,925

 

Materials, consumables, supplies and services                101,285                  5,112       106,397

Other operating expenses                                       9,681                  1,351        11,032

Personnel expenses                                             3,653                    973         4,626

incl. wages and salaries                                       2,746                    732         3,478

social security taxes                                            907                    241         1,148

Depreciation                                                   4,317                    187         4,504

incl. depreciation                                               781                    182           963

value adjustments to non-current assets                        3,536                      5         3,541

Other expenses                                                 2,343                    126         2,469

Total expenses                                               121,279                  7,750       129,029

 

OPERATING PROFIT                                             -17,553                 -1,551       -19,104

 

Financial income                                               3,828                    357         4,185

incl.Income from subsidiaries                                  1,133                    107         1,240

Income from associated companies                                 141                                  141

Foreign exchange gain                                            263                                  263

Other interest and financial income                            2,291                    250         2,541

Financial expenses                                            28,216                    749        28,965

incl. financial expenses related to subsidiaries              15,170                    179        15,349

financial expenses related to associated companie                510                                   51

Interest expense                                               2,766                    568         3,334

Foreign exchange loss                                            464                                  464

Value adjustments to financial investments                     8,456                                8,456

Other financial expenses                                         850                      2           852

 

PROFIT FROM NORMAL ACTIVITIES                                -41,941                 -1,943       -43,884

Profit before income tax                                     -41,941                 -1,943       -43,884

 

Income tax                                                                                              0

Deferred income tax liability                                   -231                                 -231

 

Net profit for the period                                    -41,710                 -1,943       -43,653

 

 

 

 

in thousand EEK                                              Parent                 Parent

                                                           1997/98       30.06.98-30.09.98

 

Net sales                                                    169,539                 31,900

Other revenue                                                  4,370                    264

Total revenue                                                173,909                 32,163

 

Materials, consumables, supplies and services                153,771                 29,904

Other operating expenses                                       6,545                  1,466

Personnel expenses                                             5,156                    842

incl. wages and salaries                                       3,877                    633

social security taxes                                          1,279                    209

Depreciation                                                     734                    373

incl. depreciation                                               720                    212

value adjustments to non-current assets                           14                    161

Other expenses                                                 3,572                    232

Total expenses                                               169,778                 32,818

 

OPERATING PROFIT                                               4,131                   -655

 

Financial income                                               5,427                  2,093

incl.Income from subsidiaries                                     71                    337

Income from associated companies                                 866                     97

Foreign exchange gain                                            100

Other interest and financial income                            4,389                  1,658

Financial expenses                                             3,623                    771

incl. financial expenses related to subsidiarie                  252

financial expenses related to associated compan                   44                      5

Interest expense                                               3,261                    766

Foreign exchange loss                                             61

Value adjustments to financial investments

Other financial expenses                                           6                      0

 

PROFIT FROM NORMAL ACTIVITIES                                  5,934                    667

Profit before income tax                                       5,934                    667

 

Income tax                                                     1,422

Deferred income tax liability                                    231

 

Net profit for the period                                      4,282                    667

 

 

Arho Anttila arho@xxl.ee

Chief Executive

Tel. +372 60 53 760