HÜVITUSFOND

REPORT

 

UNAUDITED FUND TRANSACTIONS REPORT 1999

                                                           31.12.1999     01.01.1999

 

1. Revenues from privatization                                319,199        235,232

2. Bonds issued                                               113,664         71,940

 

3. INTEREST INCOME                                            163,469        148,642

3.1. From deposits                                              7,716          8,426

3.2. From bonds                                                90,110         68,782

3.3. Other interest income                                     65,643         71,434

4. INTEREST EXPENSES                                          -46,755        -64,688

4.1. Interest payments on bonds                               -34,315        -42,354

4.2. Loan interests                                               -90         -8,734

4.3. Other interest expenses                                  -12,350        -13,600

 

5. NET INTEREST INCOME                                        116,714         83,954

 

6. INCOME FROM INVESTMENTS                                     83,358         32,233

6.1. Short-term investments                                   102,789         18,413

6.2. Portfolio investments                                      2,777         10,440

6.3. Subsidiaries and associated companies                    -22,799          1,856

6.4. Real estate                                                  591          1,524

 

7. INVESTMENT-RELATED EXPENSES                                -76,344       -463,443

7.1. Short-term investments                                   -68,796       -300,807

7.2. Portfolio investments                                     -3,083        -17,632

7.3. Subsidiaries and associated companies                          0        -25,716

7.4. Liabilities                                               -3,751       -118,655

7.5. Real estate                                                 -714           -633

 

8. NET INVESTMENT INCOME/LOSS                                   7,014       -431,210

 

9. OTHER OPERATING INCOME                                       3,452          3,124

 

10. OTHER OPERATING EXPENSES                                   -1,963         -6,531

 

11. ADMINISTRATIVE EXPENSES                                   -23,367        -19,350

11.1. Salary-related expenses                                  -7,111         -6,585

11.2. Social taxes and other salary-related expenses           -2,407         -2,218

11.3. Other administrative expenses                           -11,998         -8,511

11.4. Accumulated depreciation                                 -1,851         -2,036

 

12. NET OPERATING PROFIT/LOSS                                 101,850       -370,013

 

13. FUND AT BEGINNING OF PERIOD                               720,264        926,985

14. FUND AT THE END OF PERIOD                               1,027,649        720,264

15. FUND NET RESULT                                           307,385       -206,721

 

 

 

Jaanus Kosemaa

Public Relations Manager

Hüvitusfond

+3726651800, +3725104614