AS BALTIKA

INCOME STATEMENT 

01.01.99-31.05.99

 

 

unconsolidated, unaudited

in thousand EEK

 

                                                      1999 5 months   1998 5 months      Change %      Change

REVENUE                                                      82,681         110,795          -25%     (28,114)

incl. net sales                                              96,304         105,824           -9%      (9,520)

Change in inventories                                       (15,231)          4,336         -451%     (19,567)

Other revenue                                                 1,608             635          153%         973

 

EXPENSES                                                     78,296          99,713          -21%     (21,417)

incl.raw materials and goods                                 40,216          58,902          -32%     (18,686)

Personnel expenses                                           23,033          23,151           -1%        (118)

Operating expenses                                           10,631          13,378          -21%      (2,747)

Depreciation                                                  3,609           3,490            3%         119

Other expenses                                                  807             792            2%          15

 

GROSS PROFIT                                                  4,385          11,082          -60%      (6,697)

 

FINANCIAL REVENUE                                               745           2,248          -67%      (1,503)

FINANCIAL EXPENSES                                            4,876           3,595           36%       1,281

OPERATING PROFIT                                                254           9,735          -97%      (9,481)

PROFIT BEFORE TAXES                                             254           9,735          -97%      (9,481)

INCOME TAX (accounting)                                         -             1,513         -100%      (1,513)

POTENTIAL INCOME TAX                                           (161)            552         -129%        (713)

 

NET PROFIT                                                      415           7,670          -95%      (7,255)

 

 

Avo Reiska

Financial Director

+372 6 302 717