HANSAPANK

BALANCE SHEET



LATVIAN DAUGHTER BANK'S BALANCE SHEET, 31.03.2000



HANSABANKA                                                        

BALANCE SHEET                                                     

(LVL in thousands, unaudited)        31.03.00  31.12.99   31.03.99

                                                             

Cash                                   13,772    14,967      9,315

Due from Central Bank                   2,225    26,435      2,520

Due from credit institutions           52,323    27,349     60,113

Liquidity portfolio                    41,573    25,297          -

Securities held for trading               632       898     15,166

purposes

Securities held for investment          5,226     4,263      1,004

Loans and advances to customers        91,400    85,552     57,594

(net)

    Short-term loans                   42,783    41,932     31,232

    Long-term loans                    51,385    46,456     30,175

    Provisions                        (2,768)   (2,837)    (3,813)

Goodwill                                1,351     1,390          -

Fixed assets                           12,070    12,382     14,168

Accrued interest receivable and         3,221     2,249      2,696

other assets

Total assets                          223,792   200,783    162,575

                                                                  

Due to Central Bank and government      1,080       383        296

Due to other credit institutions       12,422    10,999     16,490

Deposits from customers               183,967   165,300    127,158

    Demand deposits                   120,287   111,273     96,986

    Time deposits                      63,680    54,027     30,171

Accrued interest payable and other      4,286     3,317      4,714

liabilities

Provision for deferred taxation         2,797     2,745      2,787

Subordinated debt                     204,552   182,744    151,446

Total liabilities                                                 

                                       20,543    20,543     14,543

Common stock                              135       135        135

Capital reserves                      (2,639)   (3,689)    (3,689)

Accumulated losses                      1,202     1,050        139

Profit for current year                19,241    18,039     11,129

Total liabilities and shareholders'   223,792   200,783    162,575

equity





Mart Tõevere

Investor relations

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