SAKU ÕLLETEHASE AS   

INCOME STATEMENT

01.01-30.06.99

 

Consolidated, unaudited

in thousand EEK

 

                                       Group    Group     Parent     Parent

                                     H1 1999  H1 1998    H1 1999    H1 1998

Revenues

Net sales                             345110   235567     350722     287178

Change in inventories                   2811     3761       3192       5323

Other revenue                            232      525        215        518

            Total revenue             348153   239853     354129     293019

 

Expenses

Materials, consumables, supplies and

services                              219647   141600     226099     196820

Operating expenses                     53049    37548      52676      36318

Personnel expenses

    Salaries                           14377    12658      14292      12026

    Social security taxes               4847     4224       4818       4008

Depreciation                           14746    11450      14746      11450

Other expenses                          2424      705       2424        699

         Total expenses               309090   208185     315055     261321

         OPERATING PROFIT              39063    31668      39074      31698

 

Financial income

Financial income from subsidiaries

Interest income                         1620     2167       1610       2137

Foreign exchange gain                      1

       Total financial income           1621     2167       1610       2137

 

Financial expenses

Expenses from subsidiaries              1000        0       1000          0

       Total financial expenses         1000        0       1000          0

 

    PROFIT BEFORE INCOME TAX           39684    33835      39684      33835

 

Income tax                              8700     8249       8700       8249

Deferred income tax                     1200     1732       1200       1732

 

      NET PROFIT FOR YEAR              29784    23854      29784      23854

Earnings per share                      3.72     2.98       3.72       2.98