AUDITED INCOME STATEMENT 2006 consolidated, in thousand EEK and EUR EEK EUR 2006 2005 2006 2005 Revenue 4 414 361 3 232 392 282 129 206 588 Cost of goods sold (3 727 561) (2 738 714) (238 234) (175 036) GROSS PROFIT 686 800 493 678 43 895 31 552 Marketing expenses (23 390) (22 595) (1 495) (1 444) Administrative and general exp. (148 792) (127 632) (9 510) (8 157) Other operating income 148 205 185 052 9 472 11 827 Other operating expenses (29 952) (93 452) (1 914) (5 973) OPERATING PROFIT 632 871 435 051 40 448 27 805 Financial income and expenses from stocks of subsidiaries 2 326 7 499 149 479 Financial income and expenses from stocks of associate companies and joint ventures 17 461 19 632 1 116 1 255 Financial income and expenses from other long-term financial investments 7 11 0 1 Interest expense (14 288) (2 418) (913) (155) Foreign exchange gain (6 064) (2 277) (388) (145) Other financial income 8 296 6 241 530 399 Other financial expenses (1) (15) (0) (1) Total financial income and expenses 7 737 28 673 494 1 833 PROFIT BEFORE TAX 640 608 463 724 40 942 29 638 Corporate income tax expense (49 917) (18 437) (3 190) (1 178) NET PROFIT FOR FINANCIAL YEAR 590 691 445 287 37 752 28 460 incl. net profit attributable to equity holders of the parent company 581 738 438 638 37 180 28 034 minority interest 8 953 6 649 572 426 Earnings per share for profit attributable to the equity holders of the parent company (basic and diluted, in EEK and EUR) 32,87 24,78 2,10 1,58 AUDITED BALANCE SHEET AS OF 31.12.2006 consolidated, in thousand EEK and EUR EEK EUR 31.12.2006 31.12.2005 31.12.2006 31.12.2005 ASSETS Current assets Cash and cash equivalents 676 143 268 446 43 213 17 157 Trade and other receivables 860 531 544 581 54 998 34 806 Inventories 1 356 734 964 088 86 712 61 617 Assets held for sale 733 0 47 0 Total current assets 2 894 141 1 777 115 184 970 113 580 Non-current assets Long-term financial investments 215 866 196 886 13 796 12 583 Investment property 3 900 42 506 249 2 716 Property, plant and equipment 90 445 199 004 5 781 12 718 Intangible assets 10 177 4 365 650 279 Total non-current assets 320 388 442 761 20 476 28 296 TOTAL ASSETS 3 214 529 2 219 876 205 446 141 876 LIABILITIES AND OWNERS' EQUITY Current liabilities Borrowings 283 792 114 841 18 138 7 340 Trade and other payables 1 100 264 712 186 70 320 45 517 Government grants 1 498 22 225 96 1 420 Short-term provisions 33 517 21 741 2 142 1 390 Total current liabilities 1 419 071 870 993 90 696 55 667 Non-current liabilities Loans, bonds and finance lease liabilities 159 335 202 824 10 183 12 963 Other long-term payables 23 277 22 726 1 488 1 452 Deferred income tax liability 0 11 385 0 728 Total non-current liabilities 182 612 236 935 11 671 15 143 Total liabilities 1 601 683 1 107 928 102 367 70 810 Equity Minority interest 18 904 10 552 1 208 674 Equity attributable to equity holders of the parent company Share capital 177 000 177 000 11 312 11 312 Statutory reserve capital 17 700 8 850 1 131 566 Currency translation adjustment (5 751) (5 059) (368) (323) Retained earnings 1 404 993 920 605 89 796 58 837 Total equity attributable to equity holders of the parent company 1 593 942 1 101 396 101 871 70 392 Total equity 1 612 846 1 111 948 103 079 71 066 TOTAL LIABILITIES AND EQUITY 3 214 529 2 219 876 205 446 141 876 Alar Lagus Member of Board +372 6 805 109