Managament Report of the ECDS 1997
 


Income Statement(in EEK),
Estonian Central Depository of Securities

REVENUE     1997 1996
     
Net sales   10,572,183 5,733,284
Total   10,572,183 5,733,284
       
EXPENSES      
Other operating expenses   4,921,092 2,146,979
Personnel expenses   2,023,556 1,007,813
  Wages and salaries 1,509,967 753,661
  Social security and other costs 513,589 254,152
Depreciation   1,521,061 882,703
  Depreciation of noncurrent assets 1,521,061 882,703
Other expenses (net)   10,376 5,620
Total   8,476,085 4,043,115
 
OPERATING PROFIT   2,096,098 1,690,169
 
Financial income   543,037 52,346
      Other interest and similar income 543,037 52,346
Financial expenses   37,500 158,864
  Interest expenses 37,500 158,864
 
Profit/loss before taxes   2,601,635 1,583,651
 
INCOME TAX   598,277 233,144
 
NET PROFIT FOR THE FINANCIAL YEAR   2,003,358 1,350,507

Notes to financial statements, page 1 >
 
 
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