NORMA

INCOME STATEMENT



PARENT COMPANY INCOME STATEMENT H1 2001



EEK in thousands, unaudited





                            01.04.01- 01.01.01- 01.04.00- 01.01.00-

                            30.06.01  30.06.01  30.06.00  30.06.00



Net sales                    191 396   351 661   122 130   248 832

Cost of goods sold           138 111   245 359    72 866   143 875

Gross profit                  53 285   106 302    49 264   104 957

Marketing expenses             5 894    11 571     5 413    10 207

Administrative and  general      

expenses                       5 492     9 379     4 705     9 771

Product development expenses   4 801     9 804     4 472     9 408

Bad bedt provision             3 249     3 323       533    -2 289

Other income                     224       611       968     1 437

Other expenses                   795     1 141     1 635     1 846

Operating profit              33 278    71 695    33 474    77 451

Financial income               8 099    18 306     3 526     8 964

Financial expenses               108       309     1 103     2 101

Profit before taxes           41 269    89 692    35 897    84 314

Provision for taxes            2 199     2 199         0         0

Net profit                    39 070    87 493    35 897    84 314

                                                                

Earnings per share in kroons    2,96      6,63      2,72      6,39



*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 10626 th. kroons in H1 2000 

and by 13928 th. kroons in H1 2001





Peep Siimon

Chairman of the Board

+372 6500 442