XXL.EE

INCOME STATEMENT

 

CONSOLIDATED INCOME STATEMENT, Q1 2000

 

Consolidated, unaudited

in thousand EEK 

 			                           Group     XXL.EE      Group     XXL.EE

          		                         Q1 2000    Q1 2000 Q1 1998/99 Q1 1998/99

 

Net sales                                          3,594        712     40,451     31,890

Other revenue                                        186        200        356        273

Total revenue                                      3,780        912     40,807     32,163

 

Materials, consumables, supplies and services      2,512        129     34,331     30,066

Other operating expenses                           1,338        907      2,417      1,305

Personnel expenses                                   708        380      1,824        841

incl. wages and salaries                             543        288      1,373        633

social security taxes                                165         92        451        208

Depreciation                                         100         60      1,049        372

incl. depreciation to non-current assets             100         60        888        211

value adjustments of current assets                                        161        161

Other expenses                                       751         42        208        232

Total expenses                                     5,409      1,518     39,829     32,816

 

OPERATING PROFIT                                  -1,629       -606        978       -653

 

Financial income                                      79          8      1,221      2,092

incl.Income from subsidiaries                                                         337

Income from associated companies                                            97         97

Foreign exchange gain                                 67

Other interest and financial income                   12          8      1,124      1,658

Financial expenses                                   819        794      1,705      1,233

incl. financial expenses related to subsidiaries                146                   455

financial expenses related to associated companies                           5          5

Interest expense                                     597        597      1,697        766

Foreign exchange loss                                221        221

Other financial expenses                              31                     3          7

Value adjustments to financial investments           -30       -170

 

PROFIT FROM NORMAL ACTIVITIES                     -2,369     -1,392        494        206

Profit before income tax                          -2,369     -1,392        494        206

 

Income tax                                                                 318         62

Deferred income tax liability

 

Net profit for the period                         -2,369     -1,392        176        144

 

Minority interest                                                          103

NET PROFIT FOR THE GROUP                          -2,330                    73

 

 

Arho Anttila arho@xxl.ee

Chief Executive

+372 6 507 500