Viisnurk                      BALANCE SHEET                     02/26/2002



BALANCE SHEET  31.12.01 (AUDITED)



in thousands of kroons/                  EEK                 EUR

euros                               2001      2000      2001      2000



Cash and bank                      5 036     4 908       322       314

Customer receivables              52 496    51 229     3 355     3 274

Other receivables                  2 215       378       142        24

Prepaid expenses                   5 449    18 331       348     1 172

Inventories                       74 576    58 682     4 766     3 750

TOTAL CURRENT ASSETS             139 772   133 528     8 933     8 534



Long-term fin. investments         1 436       606        92        39

Tangible assets                  216 043   197 121    13 808    12 598

Intangible assets                    269       623        17        40

TOTAL NON-CURRENT ASSETS         217 748   198 350    13 917    12 677



TOTAL ASSETS                     357 520   331 878    22 850    21 211



Debt obligations                  47 368     9 929     3 027       635

Customer prepayments               1 216       111        78         7

Supplier payables                 36 792    41 278     2 351     2 638

Taxes payable                      5 639     6 574       360       420

Accrued expenses                   8 348    10 250       534       655

TOTAL CURRENT LIABILITIES         99 363    68 142     6 350     4 355



Long-term liabilities             95 480   120 442     6 102     7 698

TOTAL NON-CURRENT LIABILITIES     95 480   120 442     6 102     7 698



Share capital at par value        44 991    44 991     2 875     2 875

Share premium                     11 332    11 332       724       724

Mandatory capital reserve          4 499     2 834   287 541       181

Retained earnings                 82 472    52 509     5 271     3 356

Net profit for the year           19 383    31 628     1 239     2 021

TOTAL EQUITY                     162 677   143 294    10 397     9 158



TOTAL LIABILITIES AND EQUITY     357 520   331 878    22 850    21 211





Andrus Aljas

CFO

+372 44 78 355