KLEMENTI

INCOME STATEMENT



CONSOLIDATED INCOME STATEMENT 2000



Consolidated, unaudited

in thousand EEK

                                             2000    1999      2000      1999

                                               Q4      Q4 12 months 12 months

REVENUE

1.Net sales                                29,772  30,004   113,544   106,155

2.Change in work-in-process

and finished goods inventories             -1,017  -5,400     2,557    -2,665

3.Other revenue                               281     382     2,889     1,565

Total revenue                              29,036  24,986   118,990   105,055



EXPENSES

4.Materials, consumables,

supplies and services                       8,882   6,909    43,342    37,028

5.Other operating expenses                  4,062   3,964    15,487    14,517

6.Personnel expenses                       11,156  12,364    48,691    46,832

incl. 6.a. wages and salaries               8,388   9,287    36,610    35,180

6.b.social security taxes                   2,768   3,077    12,081    11,652

7.Depreciation                              1,352   1,235     4,911     4,058

8.Other expenses                              586     226     1,313     1,205

Total expenses                             26,038  24,698   113,744   103,640

OPERATING PROFIT                            2,998     288     5,246     1,415

9.FINANCIAL INCOME                             76      20       424        41

9.1.Income from subsidiaries                    0       0       286         0

9.2.Other interest and financial income        76      20       138        41

10.FINANCIAL EXPENSES                       1,362   1,030     4,391     4,143

10.1. Financial expenses related                0       0         8         0

with subsidiaries

10.2.Interest expense                       1,255   1,063     4,220     4,074

10.3.Foreign exchange loss                     98     -33       154        69

10.4.Other financial expenses                   9       0         9         0

PROFIT FROM NORMAL OPERATIONS               1,712    -722     1,279    -2,687

INCOME TAX                                      0    -175         0       150

Deferred income tax liability                   0     -73         0       -42

Net profit (loss) for the period            1,712    -474     1,279    -2,795





Basic earnings per share                     0.53    -0.2      0.39     -1.15



Diluted earnings per share                    0.5    -0.2      0.38     -1.15





Airi Kamratov

Chief Accountant

+372 671 0708