XXL.EE

INCOME STATEMENT



CONSOLIDATED INCOME STATEMENT, H12001



Consolidated, unaudited

in thousand EEK

                                     01.04.01- 01.04.00- 01.01.01- 01.01.00-

                                      30.06.01  30.06.00  30.06.01  30.06.00



Net sales                                1,919     1,585     3,375     5,179

Other revenue                              231       152       592       338

Total revenue                            2,150     1,737     3,967     5,517



Materials, consumables,

supplies and services                      237       426       383     2,938

Other operating expenses                 1,416       995     3,031     2,333

Personnel expenses

incl. wages and salaries                 1,610       557     3,150     1,100

social security taxes                      462       183       925       348

Depreciation

incl. depreciation                         361       104       733       204

value adjustments of current assets          2                   2

Other expenses                              15       127        86       878

Total expenses                           4,103     2,392     8,310     7,801



OPERATING PROFIT                        -1,953      -655    -4,343    -2,284



Financial income                           619         9     1,483        88

incl.Income from subsidiaries

Income from associated companies

Foreign exchange gain                        9                  28        67

Other financial income                     610         9     1,455        21

Financial expenses                         353       959       648     1,791

incl. financial expenses

related to subsidiaries

financial expenses related to

associated companies                                 196                 196

Interest expense                           128       387       314       984

Foreign exchange loss                       73        94        92       315

Other financial expenses                   152       125       242       156

Value adjustments to financial investments           170                 140



PROFIT FROM NORMAL ACTIVITIES           -1,687    -1,618    -3,508    -3,987



Minority interest                                             -102

Income tax

NET PROFIT FOR THE GROUP                -1,687    -1,618    -3,406    -3,987

Earnings per share                                           -1.36     -1.99

Diluted earnings per share                                   -1.36     -1.95





Arho Anttila

CEO

+372 650 7500