Tallinn Stock Exchange,
| 6. Income tax | ||||
| Opening balance | Calculated | Paid | Closing balance | |
| Corporate income tax | 0 | 689,861 | 0 | 689,861 |
| Deferred income tax liability | 0 | 41,315 | 0 | 41,315 |
| Total | 0 | 731176 | 0 | 731176 |
| Calculation of deferred income tax liability | ||||
| Book value of fixed assets as at 31.12.97 | 1,033,599 | |||
| Residual value in table of tax depreciation as at 31.12.97 | 874,697 | |||
| Difference | 158,902 | |||
| 26% | 41,315 | |||
| 7. Segmental reporting | 1997 | 1996 | ||
| Net sales | 8,539,391 | 2,574,555 | ||
| including domestic market: | 8,539,391 | 2,574,555 | ||
| Transaction fees | 6,321,550 | 971,425 | ||
| Listing fees | 500,000 | 477,091 | ||
| Membership payments | 435,000 | 534,600 | ||
| Annual payment of securities | 968,540 | 336,897 | ||
| Additional terminal | 146,666 | 80,000 | ||
| Other services | 87,135 | 174,542 | ||
| Loan transactions | 80,500 | 0 | ||
