INCOME STATEMENT
FOR THE YEARS ENDED DECEMBER 31,
( Expressed in thousands of Reais )
	2001	2000
GROSS SALES REVENUE	164.457	143.771
Sales taxes	-33.415	-28.488
NET SALES REVENUE	131.042	115.283
Cost of Products Sold	-100.367	-92.422
GROSS INCOME	30.675	22.861
Selling Expenses	-3.657	-3.441
General and Administrative Expenses	-12.123	-10.649
Other Operating Revenues and Expenses	1.153	1.609
OPERATING INCOME BEFORE FINANCIAL INCOME	16.048	10.380
Financial Income	3.975	7.486
Financial Income Taxes	-1.257	-1.032
OPERATING INCOME	18.766	16.834
Non-Operating Income	-910	-254
INCOME BEFORE TAXES AND PARTICIPATIONS	17.856	16.580
Income Tax and Social Contribution	-3.293	-3.283
Employees' and Management's Participation	-1.486	-1.279
NET INCOME FOR THE YEAR	13.077	12.018
Net earnings per thousand-share lot - R$	30,64	28,16
EBITDA	26.184	18.981