KLEMENTI

INCOME STATEMENT



INCOME STATEMENT, Q3 2001



Consolidated, unaudited

in thousand EEK

                                            Q3 2001  Q3 2000  9m 2001  9m 2000



REVENUE

1.Net sales                                  33,877   33,827   78,633   83,772



2.Change in work-in-process

and finished goods inventories                1,497    1,486    7,593    3,574

3.Other revenue                                -306    1,698    1,692    2,608

Total revenue                                35,068   37,011   87,918   89,954



EXPENSES

4.Materials, consumables,                    10,225   14,165   29,155   34,460

supplies and services

5.Other operating expenses                    3,633    3,491   12,101   11,425



6.Personnel expenses                         12,978   12,888   37,193   37,535



  incl. 6.a. wages and salaries              10,044    9,692   28,803   28,222



        6.b.social security taxes             2,934    3,196    8,390    9,313

7.Depreciation                                1,489    1,246    4,482    3,559

8.Other expenses                                783      179    1,456      727

Total expenses                               29,108   31,969   84,387   87,706



OPERATING PROFIT                              5,960    5,042    3,531    2,248



9.FINANCIAL INCOME                               65      324      198      348

9.1.Income from subsidiaries                      0      286        0      286

9.2.Other interest and financial income          65       38      198       62

10.FINANCIAL EXPENSES                         1,348    1,160    3,531    3,029

10.1. Financial expenses related

with subsidiaries                                 0        1        0        8

10.2.Interest expense                         1,305    1,178    3,390    2,965

10.3.Foreign exchange loss                       28      -19       96       56

10.4.Other financial expenses                    15        0       45        0

PROFIT FROM NORMAL OPERATIONS                 4,677    4,206      198     -433

Net profit (loss) for the period              4,677    4,206      198     -433



Basic earnings per share (in kroons)           1.33     1.19     0.06    -0.14



Diluted earnings per share (in kroons)         1.26     1.13     0.05    -0.14





Airi Kamratov

Chief Accountant

+372 6 710 700