HANSAPANK

BALANCE SHEET



HANSA CAPITAL'S BALANCE SHEET, 31.03.2000



(in EEK, millions)

                                        31.03.00  31.12.99   31.12.98

ASSETS                                                               

Cash and Bank                              131,3     157,4      166,5

Marketable Securities                        0,0       0,0        6,4

Due from Customers                         173,5     154,5      139,0

Financial Investments                    7 380,6   6 973,6    6 034,6

  Leasing                                6 273,5   5 917,5    5 350,2

  Factoring                                645,4     598,1      279,8

  Loans                                    369,2     371,5      341,4

  Assignment                                54,7      64,4       32,3

  Consumer Factoring                        37,8      22,1       30,8

Allowance for Doubtful Receivables        -284,7    -267,5     -185,6

Net Financial Investments                7 095,9   6 706,1    5 849,0

Prepayments to Suppliers                   788,3     661,6      245,3

Stocks for Resale                          159,9     136,5       99,1

Long-term Equity Investments                 8,2       6,0       49,8

Tangible Noncurrent Assets                 127,2     122,8       72,6

Intangible Assets                            3,3       3,6        6,3

Accrued Income and Prepaid Expenses        136,4     118,9      120,4

TOTAL ASSETS                             8 623,8   8 067,3    6 754,4

                                                                     

LIABILITIES AND EQUITY                                               

LIABILITIES                                                          

Loans                                    6 553,4   6 000,6    4 653,7

Bonds                                      616,0     649,2      972,7

Bills of Exchange                          345,7     387,3      538,8

Liabilities to Customers and               492,2     511,7      257,5

Suppliers

Accrued Expenses and Prepaid Revenue       114,3     104,7      136,8

Other Liabilities                            4,1       3,9        0,7

Deferred Tax Liabilities                     0,5       0,4        4,2

Negative Goodwill                            6,0       7,2       12,0

TOTAL LIABILITIES                        8 132,2   7 665,0    6 576,4

Minority Interest                            3,7       3,6        0,9

EQUITY                                                               

Share Capital                               40,0      40,0       40,0

Reserves                                    14,5      14,5        5,6

Retained Earnings                          437,4     347,3      150,4

Unrealised Exchange Difference              -4,0      -3,1      -19,0

TOTAL EQUITY                               487,9     398,6      177,1

TOTAL LIABILITIES AND EQUITY             8 623,8   8 067,3    6 754,4





Mart Tõevere

Investor relations

+372 6131 569