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Managing Director's Review
Key figures
Report of the Board of Directors
Financial Statements 1.1.-31.12.2004


Income Statement


Balance sheet


Cash Flow Statement


Notes to the Financial Statements


Auditor's Report
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Income Statement

    Group Group Parent
company
Parent
company
MEUR Note 2004 2003 2004 2003
           
Net sales 4 74,49 73,05 70,89 69,04
Increase (+) or decrease (-) of finished goods and work in progress   -0,34 -0,55 -0,30 -0,49
Other operating income   0,03 0,03 0,19 0,18
           
Materials and services          
   Raw materials and consumables:          
   Purchases during the financial year   32,97 31,27 32,28 30,65
   Increase (+) or decrease (-) in inventories   -0,16 0,06 -0,03 0,06
External services 5 4,97 4,91 3,92 3,95
           
Personnel expenses          
   Wages, salaries and emoluments 6 12,2 13,1 11,74 12,54
   Social security expenses 6 3,53 2,99 3,39 2,87
Depreciation and reduction on value          
   Depreciation according to plan 9 5,80 6,60 5,80 6,60
Other operating expenses   9,09 9,72 8,40 8,79
Total operating expenses   68,46 68,64 65,54 65,47
           
Operating profit   5,73 3,90 5,24 3,27
           
Financial income and expenses:          
   Other interest and financial income 7 0,05 0,06 0,10 0,09
   Interest and other financial expenses 7 -0,30 -0,38 -0,43 -0,69
Total financial income and expenses   -2,49 -0,32 -0,33 -0,60
           
Profit before appropriations and taxes   5,48 3,58 4,90 2,66
           
Appropriations          
   Increase (+) or decrease (-) in depreciation reserve 9    0 0 0,82 1,23
           
Profit before taxes   5,48 3,58 5,72 3,89
           
Income taxes 8 -1,68 -1,18 -1,67 -1,16
Change in deferred tax 8 0,31 0,21 0 0
           
NET PROFIT FOR THE PERIOD   4,12 2,60 4,05 2,73


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