31.08.1999, Tallinna Farmaatsiatehas, TLN

TALLINNA FARMAATSIATEHASE AS

INCOME STATEMENT

01.01.-30.06.99

 

Consolidated

Unaudited

in EEK

 

                                             Group                      Tallinna Farmaatsiatehas

                                           H1 1999        H1 1998        H1 1999        H1 1998

REVENUES

NET SALES                                30,992,314     57,531,609     30,992,314     57,507,476

CHANGE IN INVENTORIES                    -1,466,194      9,359,826     -1,466,194      9,366,086

OTHER REVENUES                            3,798,828      7,230,574      3,798,828      7,230,574

TOTAL REVENUES                           33,324,948     74,122,009     33,324,948     74,104,136

 

EXPENSES

RAW MATERIALS                           -12,724,862    -30,546,162    -12,724,862    -30,506,583

OPERATING EXPENSES                       -4,354,361    -19,081,244     -4,354,361    -18,897,318

PERSONNEL EXPENSES                       -8,635,567    -11,854,281     -8,635,567    -11,461,681

DEPRECIATION                             -3,069,757     -3,472,764     -3,069,757     -3,385,326

OTHER EXPENSES                           -2,378,109     -5,340,546     -2,378,109     -5,340,546

TOTAL EXPENSES                          -31,162,656    -70,294,997    -31,162,656    -69,591,454

 

OPERATING PROFIT (-LOSS)                  2,162,292      3,827,012      2,162,292      4,512,682

 

INCOME/COST OF                               30,430             -          30,430             -

EQUITY HOLDING

OTHER FINANCIAL INCOME                       44,114        486,979         44,114        369,669

AMORTIZATION OF GOODWILL                 -1,135,002     -1,564,602     -1,135,002     -1,564,602

OTHER FINANCIAL EXPENSES                 -2,801,625     -3,733,992     -2,801,625     -3,570,611

TOTAL                                    -3,862,083     -4,811,615     -3,862,083     -4,765,544

 

PROFIT (-LOSS) BEFORE                    -1,699,791       -984,603     -1,699,791       -252,862

INCOME TAX

 

INCOME TAX                                        0              0              0              0

Incl. DEFERRED INCOME TAX

 

PROFIT AFTER INCOME TAX                  -1,699,791       -984,603     -1,699,791       -252,862

 

NET PROFIT (-LOSS) FOR H1                -1,699,791       -984,603     -1,699,791       -252,862

 

Earnings per share                           -1,36          -0,26