XXL.EE

INCOME STATEMENT



CONSOLIDATED INCOME STATEMENT, 9M 2000



Consolidated, unaudited

in thousand EEK

                                        01.07.00- 01.01.99- 01.01.00- 01.07.98-

Financial year: 01.07-30.06              30.09.00  31.03.99  30.09.00  31.03.99



Net sales                                   1,331    10,286     6,510   113,284

Other revenue                               2,418       557     2,756     1,535

Total revenue                               3,749    10,843     9,266   114,819



Consumables, supplies and services            544     8,634     3,482   102,995

Other operating expenses                    5,273     3,123     7,606    11,467

Personnel expenses                          1,433     1,640     2,881     5,694

incl. wages and salaries                    1,109     1,245     2,209     4,292

social security taxes                         324       395       672     1,402

Depreciation                                  624       448       828     1,767

incl. depreciation to non-current assets      624       240       828     1,424

value adjustments of current assets                     208                 343

Other expenses                                169       145     1,047     2,429

Total expenses                              8,043    13,990    15,844   124,352



OPERATING PROFIT                           -4,294    -3,147    -6,578    -9,533



Financial income                           11,753        96    11,841     1,948

incl.Income from subsidiaries              10,906              10,906

Income from associated companies                                            426

Foreign exchange gain                         793                 860       289

Other interest and financial income            54        96        75     1,233

Financial expenses                          2,079       488     3,870    15,696

incl. financial expenses

related to subsidiaries                                                  11,299

financial expenses related

to associated companies                                           196       510

Interest expense                              417       321     1,401     2,997

Foreign exchange loss                          27        39       342       339

Other financial expenses                       78       128       234       551

Value adjustments to

financial investments                       1,557         3     1,697

PROFIT FROM NORMAL ACTIVITIES               5,380    -3,539     1,393   -23,283

Profit before income tax                    5,380    -3,539     1,393   -23,283



Income tax                                                                  434

Deferred income tax liability



Net profit for the period                   5,380    -3,539     1,393   -23,717



Minority interest                                                           126

NET PROFIT FOR THE GROUP                    5,380    -3,590     1,393   -23,844





Arho Anttila

Chief Executive

+372 6 507 500