2001.07.23, Trigon Property Development, TLN

VIISNURK

INCOME STATEMENT



INCOME STATEMENT 01.01-30.06.01



In thousands of kroons          1st Q 2001 1st Q 2000  I HY 2001  I HY 2000



NET SALES                           77 509     62 369    143 647    121 430

Cost of goods sold                 (58 312)   (47 571)  (108 429)   (92 251)



Gross profit                        19 197     14 798     35 218     29 179



Marketing expenses                  (4 167)    (3 674)    (8 761)    (8 246)

General admin. expenses             (2 218)    (2 579)    (4 925)    (5 789)

Other income                           233        333      1 168        509

Other expenses                        (751)      (446)    (1 025)      (719)



Profit from operations              12 294      8 432     21 675     14 934



Financial income                       288        147        316        337

Financial expenses                  (2 637)      (819)    (3 479)    (1 569)



Profit from ord. activities          9 945      7 760     18 512     13 702



Income tax                               0          0          0          0



NET PROFIT FOR THE PERIOD            9 945      7 760     18 512     13 702



Earnings per share                    2,21       1,72       4,11       3,05





Andrus Aljas

CFO

+372 44 78 355