UADB TEVIJA

INCOME STATEMENT

01.01-30.09.98

 

LTL                                              9 months 1998        1997

 

Insurance activities

Revenues                                             1,453,126   1,663,519

Expenses                                               388,376     210,595

Profit from the insurance activities                 1,064,750   1,452,924

 

Operating expenses                                     951,708     947,372

Profit from normal operations                          113,042     505,552

 

Financing and investment activities

Revenues                                                48,015      37,405

Expenses                                                 9,490      17,683

Profit from the financing and investment activities     38,525      19,722

 

Loss on sale of non-current assets                      88,759

Profit (-loss) before taxes                             62,808     525,274

Income tax                                              46,752     167,466

Gross profit                                            16,056     357,808