FAKTO

INCOME STATEMENT



AUDITED, CONSOLIDATED INCOME STATEMENT, 01.01.-31.12.00



Consolidated, audited

in thousand EEK                                AS Fakto             Group

                                              2000     1999     2000     1999



Revenues

Net sales                                  186,997  174,098  400,999  290,899

Other revenues                               2,706    2,463    7,291    5,470

Total revenues                             189,703  176,561  408,290  296,369



Expenses

Materials, consumables,

supplies and services                      156,581  142,544  337,563  232,415

Other operating expenses                     7,153    7,028   22,136   18,272

Personnel expenses

Salary expenses                             11,867   12,284   20,817   20,979

Social security taxes                        3,901    4,023    6,852    6,872

Total personnel expenses                    15,768   16,307   27,669   27,851

Depreciation and value adjustments

to non-current assets                        2,346    3,640    5,948    6,935

Other expenses                               2,010    4,777    5,971    7,263



Total expenses                             183,858  174,296  399,288  292,736



Operating profit                             5,845    2,265    9,002    3,633



Financial income

Financial income from subsidiaries           2,787      356        0        0

Foreign exchange gain                            0        1       31        7

Other interest and financial income            167       75      919    1,405

Total financial income                       2,955      433      950    1,412



Financial expenses

Financial expenses related to subsidiaries   4,026    2,041      380      420

Other financial expenses                       171        0      549      186

Interest expense                             2,058    2,086    5,015    5,529

Foreign exchange loss                            1        0       46       58

Total financial expenses                     6,256    4,128    5,990    6,193



Extraordinary income                             0    2,255        0    2,294



Profit before income tax                     2,544      825    3,962    1,146



Income tax                                       0        5        0      161

Minority interest in subsidiary                  0        0    1,419      165



Net profit                                   2,544      820    2,544      820





Toivo Urva

Management Board chairman

+372 6 389 200