XXL.EE

INCOME STATEMENT



CONSOLIDATED INCOME STATEMENT 99/09



Consolidated, unaudited, in thousand EEK 

                                            01.07.98-30.09.99 01.07.99-30.09.99



Net sales                                             140,471           12,882

Other revenue                                           2,630               391

Total revenue                                         143,101           13,273



Materials, consumables, supplies and service          128,712           11,886

Other operating expenses                               15,532            1,693

Personnel expenses                                      8,881            1,722

incl. wages and salaries                                6,697            1,298

social security taxes                                   2,184               423

Depreciation                                            5,868               676

incl. depreciation                                      1,900               244

  value adjustments to non-current assets               3,968               432

Other expenses                                          3,206               127

Total expenses                                        162,199           16,104



OPERATING PROFIT                                      -19,098           -2,831



Financial income                                        2,108                59

incl.Income from subsidiaries                               50               33

Income from associated companies                           487                0

Foreign exchange gain                                      291                0

Other interest and financial income                     1,280                26

Financial expenses                                     29,004            1,292

incl. financial expenses related to subsidia           11,651               352

financial expenses related to associated com               510                0

Interest expense                                        4,268               582

Foreign exchange loss                                      558                0

Other financial expenses                                    97                2

Value adjustments to financial investments             11,920               357



PROFIT FROM NORMAL ACTIVITIES                         -45,994           -4,064

Profit before income tax                              -45,994           -4,064



Income tax                                                 467                0

Deferred income tax liability



Net profit for the period                             -46,461           -4,064



Minority interest                                          146              442

NET PROFIT FOR THE GROUP                              -46,607           -4,506





Arho Anttila arho@xxl.ee

Chief Executive

+372 6053760