Managament Report of the Tallinn Stock Exchange 1997
 


Income Statement (in EEK), Tallinn Stock Exchange

REVENUES     1997 1996
     
Net sales (note 7)   8,539,391 2,574,555
Other revenues 308,628 12,140
Total   8,848,019 2,586,695
           
       
EXPENSES      
Operating expenses   2,781,442 2,166,477
  Services 948,119 563,861
  Rent of equipment 190,800 171,354
  Other expenses 1,187,991 877,302
  Maintenance of premises 454,532 553,960
Personnel expenses   1,872,517 797,174
  Wages and salaries 1,386,410 599,000
  Social security and other costs 486,107 198,174
Depreciation   316,214 110,144
  Depreciation of noncurrent assets 310,726 110,144
  Noncurrent assets written off 5,488 0
Total   4,970,173 3,073,795
       
OPERATING PROFIT   3,877,846 -487,100
       
Financial income   52,927 59,978
Financial expenses   527,962 0
       
PROFIT/LOSS before taxes   3,402,811 -427,122
       
INCOME TAX (note 6)   689,861 0
       
Deferred income tax (note 6)   41,315 0
       
NET PROFIT/LOSS FOR THE FINANCIAL YEAR   2,671,635 -427,122
     
* In the audited income statement of 1996 the other revenue of 12,140 kroons is recorded under financial income      

Notes to financial statements, page 1 >

 
 
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