2001.05.11, Tallinna Farmaatsiatehas, TLN

TALLINNA FARMAATSIATEHAS

INCOME STATEMENT



INCOME STATEMENT, Q1 2001



Consolidated

Unaudited

in thousand EEK                             Q1 2001  Q1 2000



REVENUE

NET SALES                                    21,576   26,859

CHANGE IN WORK-IN-PROGRESS AND

FINISHED GOODS INVENTORIES                    3,925      679

OTHER OPERATING INCOME                        2,847    2,011

TOTAL REVENUE                                28,350   29,551



EXPENSES

MATERIALS, CONSUMABLES AND SUPPLIES         -13,207  -13,954

OTHER OPERATING EXPENSES                     -2,088   -4,543

PERSONNEL EXPENSES

   WAGES & SALARIES                          -3,178   -3,144

   SOCIAL TAXES                              -1,095   -1,081

DEPRECIATION                                 -1,348   -1,353



OTHER EXPENSES                               -1,640     -709

TOTAL EXPENSES                              -22,556  -24,785



OPERATING PROFIT (-LOSS)                      5,794    4,766



FINANCIAL INCOME                                 10       11

FINANCIAL EXPENSES                           -1,593   -1,696



NET PROFIT (LOSS)                             4,211    3,080

EARNINGS (LOSS) PER SHARE                      3.37     2.46





Raivo Unt

Financial Director

+372 612 0201