XXL.EE

COMMENTARY TO FINANCIAL RESULTS



COMMENTARY TO CONSOLIDATED FINANCIAL RESULTS, H1 2000



In H1 2000 AS XXL.EE consolidated and unaudited net sales totaled EEK 

5.2 million, and net loss EEK 3.9 million.

 

The parent company's income from main activities amounted to EEK 0.4 

million. Compared with the previous quarter, the turnover from 

digital media services doubled.



As at 30.06.2000 AS XXL.EE consolidated and unaudited balance sheet 

size stood at EEK 14.9 million, or EEK 12.4 million less than on 

31.12.99. 



Volume of other receivables account dropped by EEK 6.8 million, and 

prepaid expenses by EEK 1.7 million. Total current assets decreased 

by EEK 9.5 million. 



XXL.EE's debt liabilities dropped by EEK 8.9 million, and supplier 

payables grew by EEK 0.8 million. Total liabilities dropped by EEK 

8.4 million.





Arho Anttila arho@xxl.ee

CEO

+372 65 07 500