NORMA

INCOME STATEMENT



CONSOLIDATED INCOME STATEMENT Q1 Y2001



EEK  in thousands, unaudited



                            01.01.01-                  01.01.00-

                            31.03.01                   31.03.00



Net sales                    166549			 151587

Cost of goods sold*          109289			  89835

Gross profit                  57260			  61752

Marketing expenses             5641			   4955

Administrative and  general   

expenses                       7198                        7696

Product development expenses   3887			   5066

Bad debt provision              116			  -2822

Other income                   5325			    999

Other expenses                  477			    511

Operating profit              45266			  47345

Financial income               3359			   1945

Financial expenses              202			    873

Net profit                    48423			  48417

                                             

Earnings per share in kroons   3,67			   3,67





*Compared to the earlier presented statements,in the current 

report several production related expenses,such as production 

planning and management,health and safety,personnel management 

and material acquisition cost, are recorded as cost of good 

sold instead of general and administration cost.





Peep Siimon

Chairman of the Board

+372-6500-442