HANSAPANK

BALANCE SHEET



CONSOLIDATED BALANCE SHEET 31.12.99



unaudited, EEK in millions                Group              Bank         

                                    31/12/99 31/12/98 31/12/99 31/12/98

Assets                                                                 

Cash                                 1,122.4    875.6    725.7    644.6

Due from Central Bank                3,969.0  2,390.1  3,203.8  1,929.5

Due from other financial             1,917.2  2,648.7  1,190.8  1,916.4

institutions

Treasury securities                  3,020.3  1,460.8  2,344.9  1,243.4

Trading securities                     234.2    151.1    195.2    119.5

  Debt securities                      170.9    124.2    133.3     96.7

  Equity                                63.3     26.9     61.9     22.8

Investment securities                1,478.8    743.9  2,404.9  1,501.5

  Debt securities                    1,439.3    597.8  1,756.5  1,022.8

  Equity                                39.6    146.1    648.4    478.7

  Incl. Subsidiaries' shares             0.0      0.0    626.8    413.5

        Affiliated companies'           15.5     21.0      7.5     10.3

shares

        Other                           24.1    125.1     14.2     54.9

Securities purchased under resale      121.8    125.4    188.8    116.8

agreements

Loans                               19,461.8 16,792.9 13,962.2 12,183.4

  - Allowances for credit losses     (643.2)  (740.1)  (323.8)  (461.8)

Net loans                           18,818.5 16,052.8 13,638.4 11,721.6

Premises and equipment, net          1,178.5    947.1    654.0    495.0

Goodwill                               522.8    755.2    530.1    735.2

Prepayments and accrued interest     1,484.6  1,144.3    510.9    598.1

Other assets                           389.8    395.2    218.2    263.2

Total assets                        34,258.1 27,690.2 25,805.8 21,284.8

                                                                       

Liabilities                                                            

Due to Central Bank and government     172.5    263.9    162.3    183.3

Due to other financial institutions  5,144.1  4,057.5  2,709.3  2,026.8

Deposits                            19,783.1 14,745.8 15,377.6 12,367.0

   Demand deposits                  13,493.0 10,078.4 10,581.6  8,299.7

   Time deposits                     6,290.0  4,667.4  4,796.0  4,067.3

Securities sold under repurchase       509.2     18.4    509.2     18.1

agreements

Debt securities issued to the        1,268.3  2,051.5    700.4  1,103.3

public

Accrued liabilities                  1,035.8    835.2    375.0    326.5

Appropriations                         235.2    339.2      0.0     45.8

Other liabilities                      665.3    699.2    882.8    665.2

Minority ownership                      21.9     24.3                  

Total liabilities                   28,835.3 23,035.0 20,716.7 16,736.0

                                                                       

Subordinated liabilities               469.8    460.7    396.9    396.9

Shareholders' equity                                                   

Common stock                           787.6    787.6    787.6    787.6

Share premium                        2,757.1  2,757.1  2,756.8  2,756.8

Treasury stock                        -122.2    -22.0      0.0      0.0

Reserves                               436.4    354.2    347.1    347.1

Other restricted equity                 20.5     20.5      0.0      0.0

Currency translation reserve            38.7    -14.1      0.0      0.0

Retained earnings                    1,034.7    311.2    800.6    260.4

Total shareholders' equity           4,952.9  4,194.5  4,692.2  4,151.9

Total liabilities and shareholders' 34,258.1 27,690.2 25,805.8 21,284.8

equity





Mart Tõevere

Analyst

+372 6131 569