OPTIVA PANK

BALANCE SHEET

30.09.99

 

Consolidated, unaudited

In thousand EEK

 

 

ASSETS                                                       30.06.99     30.09.99     31.12.98

Cash in hand                                                   70 367       55 863       59 678

Demand deposits with banks                                    410 622      379 910      346 012

Interest-bearing deposits with banks                          120 829           81           31

Short-term investments in shares                               44 674        7 389       45 606

Securities purchased under resale agreements                   14 063        6 700       14 219

Loans to clients                                            1 970 559    2 113 117    2 201 894

Allowances for loan losses                                   -204 591     -215 367     -232 983

Net loans                                                   1 765 967    1 897 750    1 968 911

Long-term financial investments in debt securities            218 979      211 976      172 690

Long-term financial investments in shares                      79 229      111 155      100 079

Tangible assets                                               230 091      227 106      225 576

Intangible assets                                             125 327      119 195      140 168

Other assets                                                  130 887       91 625      126 486

TOTAL ASSETS                                                3 211 036    3 108 750    3 199 454

 

LIABILITIES

Current accounts                                              704 019      671 071      544 265

Time deposits                                                 335 641      400 978      328 914

Loans from banks                                              691 984      641 181      700 169

Borrowings from government                                    104 331      105 842      115 493

Debts evidenced by certificates                               499 089      529 581      817 509

Clearing accounts                                             195 025      158 377       99 869

Other liabilities                                             140 902       57 040       60 095

Subordinated debt                                             194 500      194 500      194 500

TOTAL LIABILITIES                                           2 865 491    2 758 571    2 860 813

Minority share                                                  2 618        2 401        2 701

OWNERS' EQUITY

Share capital                                                 412 559      412 559      412 559

Treasury shares                                                -2 653         -203       -2 027

Share premium account                                          60 602       60 602       60 602

General banking reserve                                        44 811       44 811       44 811

Mandatory reserve capital                                       4 118        4 118        4 118

Other reserves                                                    547          547          547

Retained earnings from prior years                           -184 670     -184 670     -184 670

Profit/Loss for the financial year                              7 612       10 014            0

TOTAL OWNERS' EQUITY                                          342 926      347 778      335 940

TOTAL LIABILITIES AND OWNERS' EQUITY                        3 211 036    3 108 750    3 199 454

 

 

Piret Villman

Head of Budget and Analysis Dept.

+372 63 02 103