ARCO VARA AS - NASDAQ OMX Baltic

As of 31.12.2004 or for the year 2004, respectively Service Development Construction Eliminations Total
Revenue to external customers 66 291 236 830 46 820 0 349 941
Other operating income to external customers 5 491 71 595 1 932 0 79 018
Revenue and other operating income to other segments 8 200 7 692 88 796 -104 688 0
Total revenue & other operating income 79 982 316 117 137 548 -104 688 428 959
Segment results 5 822 126 201 -1 646 6 548 136 925
Unallocated operating expenses -7 332
Total operating profit 129 593
Financial items and investment activity income (expenses)
Income tax
Net profit
-20 856
-2 102
Segment results 106 635
Service Development Construction Eliminations Total
Segment assets 35 237 883 432 48 568 -61 060 906 177
Unallocated assets 102 354
Total assets 1 008 531
Segment liabilities 19 589 192 455 34 008 -179 334 66 718
Unallocated liabilities 588 696
Total liabilities 655 414
Segment investments into non-current assets 3 283 187 827 281 0 191 391
Unallocated investments 275
Total investments into non-current assets 191 666
Depreciation and amortisation included in segment results -670 15 013 1 832 0 16 175
Unallocated depreciation and amortisation -456
Total depreciation amortisation and impairment loss 15 719
Non-monetary income and expenses
(except depreciation and amortisation)
Gains and losses from change in fair value of investment
property and biological assets 2 359 57 625 0 -1 900 58 084
Total non-monetary income and expenses 58 084
Transfer prices between business segments are set on arm’s length basis in a manner similar to
transactions with third parties.
F-105