KLEMENTI

INCOME STATEMENT



CONSOLIDATED INCOME STATEMENT, 9M 2000



Consolidated, unaudited

in thousand EEK

                                          Q3 2000  Q3 1999  9m 2000  9m 1999



REVENUE

1.Net sales                                33,827   27,882   83,772   76,151

2.Change in work-in-process

and finished goods inventories              1,486    3,295    3,574    2,735

3.Other revenue                             1,698      241    2,608    1,183

Total revenue                              37,011   31,418   89,954   80,069



EXPENSES

4.Materials, consumables,                  14,165   13,830   34,460   30,119

supplies and services

5.Other operating expenses                  3,491    3,216   11,425   10,553

6.Personnel expenses                       12,888   11,858   37,535   34,468

incl. 6.a. wages and salaries               9,692    8,911   28,222   25,893

6.b.social security taxes                   3,196    2,947    9,313    8,575

7.Depreciation                              1,246      991    3,559    2,823

8.Other expenses                              179      503      727      979

Total expenses                             31,969   30,398   87,706   78,942

OPERATING PROFIT                            5,042    1,020    2,248    1,127

9.FINANCIAL INCOME                            324       12      348       21

9.1.Income from subsidiaries                  286        0      286        0

9.2.Other interest and financial income        38       12       62       21

10.FINANCIAL EXPENSES                       1,160    1,015    3,029    3,113

10.1. Financial expenses related

with subsidiaries                               1        0        8        0

10.2.Interest expense                       1,178      990    2,965    3,011

10.3.Foreign exchange loss                    -19       25       56      102

PROFIT FROM NORMAL OPERATIONS               4,206       17     -433   -1,965

INCOME TAX                                      0      159        0      325

Deferred income tax liability                   0       12        0       31

Net profit (loss) for the period            4,206     -154     -433   -2,321

Basic earnings per share                     1.33    -0.06    -0.14    -0.96

Diluted earnings per share                   0.82    -0.06    -0.14    -0.96





Madis Võõras

Management Board Chairman

+372 6 710 700