NORMA

INCOME STATEMENT



PARENT COMPANY INCOME STATEMENT Q1 Y2001



EEK  in thousands, unaudited



                            01.01.01-31.03.01    01.01.00-31.03.00



Net sales                     160265			 126702

Cost of goods sold*           107248			  71009

Gross profit                   53017			  55693

Marketing expenses              5677			   4794

Administrative and  general     5003			   4936

expenses

Product development expenses    3887			   5066

                                    

Bad debt provision                74			  -2822

Other income                     387			    469

Other expenses                   346			    211

Operating profit               38417			  43978

Financial income               10207			   5437

Financial expenses               201			    998

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. Cost of goods

sold has increased due to that by 5145,6 th, kroons in Q1 2000 

and by 6507,5 th. kroons in Q1 2001





Peep Siimon

Chairman of the Board

+372-6500-442