28.04.1999, Tallinna Farmaatsiatehas, TLN

TALLINNA FARMAATSIATEHASE AS

INCOME STATEMENT

01.01.-31.03.99

 

Consolidated, unaudited

in EEK

 

				Consolidated	      Tallinna Farmaatsiatehase AS

                              Q1 1999       Q1 1998       Q1 1999      Q1 1998

REVENUE                                                                      

NET SALES		   16,718,815    31,749,187    16,718,815   31,749,186

CHANGE IN INVENTORIES      (2,140,853)    1,153,044    (2,140,853)   1,159,304

TOTAL OTHER REVENUES        2,847,216     4,086,827     2,847,216    4,043,928

TOTAL REVENUES             17,425,178    36,989,058    17,425,178   36,952,418

                         

EXPENSES

RAW MATERIALS              (4,789,653)  (13,821,438)   (4,789,653) (13,793,948)

OPERATING EXPENSES         (2,382,711)   (8,806,819)   (2,382,711)  (8,704,558)

PERSONNEL EXPENSES         (4,083,271)   (5,790,930)   (4,083,271)  (5,601,011)

DEPRECIATION               (1,596,090)   (1,678,780)   (1,596,090)  (1,634,838)

OTHER EXPENSES             (1,274,953)   (1,884,269)   (1,274,953)  (1,884,269)

TOTAL EXPENSES            (14,126,678)  (31,982,236)  (14,126,678) (31,618,624)

                                                                  

COMMERCIAL PROFIT (-LOSS)   3,298,500     5,006,822     3,298,500    5,333,794

                                                                  

INCOME/COST OF 

EQUITY HOLDING   	       36,268             -        36,268            -

OTHER FINANCIAL REVENUE        63,188       234,883        63,188      234,828

AMORTIZATION OF GOODWILL     (567,501)     (782,301)     (567,501)    (782,301)

OTHER FINANCIAL EXPENSES   (1,462,061)   (2,049,072)   (1,462,061)  (1,989,191)

TOTAL                      (1,930,106)   (2,596,490)   (1,930,106)  (2,536,664)

                                                                  

PROFIT (-LOSS) BEFORE 

INCOME TAX       	    1,368,394     2,410,332     1,368,394    2,797,130

 

INCOME TAX                   (355,782)     (727,254)     (355,782)    (727,254)

Incl. DEFERRED INCOME TAX

                                                                  

PROFIT AFTER INCOME TAX     1,012,612     1,683,078     1,012,612    2,069,876

                                                                  

NET PROFIT (-LOSS) FOR Q1   1,012,612     1,683,078     1,012,612    2,069,876

 

 

 

Arno Kaseniit

Member of the Management Board