RAKVERE LIHAKOMBINAAT

INCOME STATEMENT



CONSOLIDATED INCOME STATEMENT, 9M 2001



Consolidated, unaudited

in thousand EEK



                                           Q3 2001 Q3 2000 9m 2001 9m 2000

REVENUE

Net sales                                  285,055 234,186 778,573 641,998

Other revenue                                  326     784   3,363   2,927

Total revenue                              285,381 234,970 781,936 644,925



Change in finished goods and

work-in-progress inventories                   391  -2,393 -12,890  -2,591



Materials, consumables and supplies        189,812 157,299 510,425 437,059

Other operating expenses                    18,456  30,913  80,950  83,595

Personnel expenses                          34,141  30,774  96,471  88,719

Depreciation and value adjustments

to non-current assets                       12,096  11,928  33,532  32,150

Other expenses                                 568   1,865   1,253   3,777



Operating profit                            29,917   4,584  72,195   2,216



Financial income/expenses

Foreign exchange profit/loss                -1,886   6,674  -2,302   9,970

Interest and other financial income            558   2,113   3,219   2,298

Interest and other financial expenses       -3,448  -4,595 -10,696 -11,213

Total financial income/expenses             -4,776   4,192  -9,779   1,055



Profit before taxes                         25,141   8,776  62,416   3,271



Minority interest (profit/loss)                313     336     597     148

NET PROFIT                                  24,828   8,440  61,819   3,123



Earnings per share                            0.66    0.22    1.64    0.08





Olle Horm

Management Board chairman

+372 32 29211