XXL.EE

INCOME STATEMENT



CONSOLIDATED INCOME STATEMENT, Q1 2001



Consolidated, unaudited

in thousand EEK                                   01.01.2001- 01.01.2000-

                                                  31.03.2001  31.03.2000

                                             Note

Net sales                                     5        1,456       3,594

Other revenue                                            361         186

Total revenue                                          1,817       3,780



Materials, consumables, supplies and services            146       2,512

Other operating expenses                               1,615       1,338

Personnel expenses

incl. wages and salaries                               1,540         543

social security taxes                                    463         165

Depreciation

Depreciation of non-current assets                       372         100

Other expenses                                            71         751

Total expenses                                         4,207       5,409



OPERATING PROFIT                                      -2,390      -1,629



Financial income                                         864          79

Financial expenses                                       295         819



LOSS FROM NORMAL ACTIVITIES                           -1,821      -2,369



Minority interest                                       -146



GROUP NET LOSS                                        -1,675      -2,369

Earnings per share                                     -0.67       -1.18





Arho Anttila

CEO

+372 6 507 500