| |
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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|