AS FAKTO

INCOME STATEMENT

01.01.1999 - 31.03.1999

 

 

Consolidated, unaudited

in thousand EEK

 

 

                                           Q1 1999       Q1 1998   Change     (%)     1998

Revenue

Net sales 		                    73 099        74 478   -1 379     -2%  354 862

Other revenue                                  833           579      254     44%    6 297

Total revenue                               73 932        75 057   -1 125     -1%  361 159

 

Expenses

Raw materials, goods, and services          58 835        59 620      -786    -1%  288 279

Other operating expenses                     3 542         4 438      -896   -20%   17 348

   Personnel expenses

   Salary expenses                           5 041         4 285       756    18%   20 954

   Social taxes                              1 526         1 349       176    13%    6 757

Total personnel expenses                     6 567         5 635       932    17%   27 711

Depreciation and value adjustments on        1 722         1 728        -6     0%    6 995

non-current assets 

Other expenses                               1 122         1 202       -80    -7%    6 843

Total expenses                              71 787        72 622      -835    -1%  347 176

 

Commercial profit                            2 145         2 435      -290   -12%   13 983

 

Financial revenue

Foreign exchange gain                             4             6       -3   -40%        55

Other interest and financial income             367            82      285   348%       476

Total financial revenue                         371            88      283   320%       531

 

Financial expenses

Financial expenses related to subsidiaries       95            95        0     0%       380

Other financial expenses                         35            31        4    13%       190

Interest expenses                             1 615           657      958   146%     4 461

Foreign exchange loss                            10             8        2    20%        92

Total financial expenses                      1 755           791      964   122%     5 123

 

Profit before income tax and minority interest  761         1 732     -970   -56%     9 391

 

Income tax                                      605           669      -64   -10%     2 434

Deferred income tax liability                     0           141     -141  -100%        83

Minority interest in subsidiaries               368           273       94    34%     1 414

 

Net profit                                     -211           649     -860  -133%     5 461

 

 

TOIVO URVA

Chairman of the Management Board

+372 6 389 222