EESTI NÄITUSTE AS

INCOME STATEMENT

01.01-31.12.98

 

Unaudited

In thousand EEK

                                                    Year      Year      Change (%)

                                                    1998      1997

 

1. Net sales                                       45940     46359       -1

2. Cost of goods sold                              22291     20201       10

 

GROSS PROFIT                                       23649     26158      -10

 

3. Marketing expenses                               7069      7206       -2

4. General administrative expenses                  6164      4891       26

5. Other commercial revenues                        3983      6865      -42

6. Other commercial expenses                         865      2925      -70

COMMERCIAL PROFIT                                  13534     18001      -25

 

7. FINANCIAL REVENUES

 - profit from the exchange differences                1        40      -98

 - financial revenues from long term fin. investment  27        42      -36

 - other interest and financial income               423       879      -52

Total financial revenues                             451       961      -53

 

8. FINANCIAL EXPENSES

 - interest expenses                                2131      1807       18

 - loss from the exchange differences                 61        63       -3

-  other financial expenses                           38       292      -87

Total financial expenses                            2230      2162        3

 

OPERATING PROFIT                                   11755     16800      -30

 

9. Extraordinary revenue                                         6     -100

PROFIT BEFORE INCOME TAX                           11755     16806      -30

 

INCOME TAX                                          2229      3598      -38

PROFIT AFTER INCOME TAX                             9526     13208      -28

 

Number of shares                               3,200,000 1,600,000      100

 

Earnings per share                                  2.98      8.26      -64