HANSAPANK

BALANCE SHEET



LATVIAN HANSABANKA'S UNAUDITED BALANCE SHEET, 30.09.2001



HANSABANKA                                                        

BALANCE SHEET                                                     

(LVL in thousands, unaudited)        30.09.01  31.12.00   30.09.00

                                                             

Cash                                   22,598    21,773     16,386

Due from Central Bank                   7,685    19,222      5,057

Due from credit institutions           63,979    29,180     57,499

Liquidity portfolio                   114,330    90,993     79,494

Securities held for trading             3,181     1,530      2,713

purposes

Securities held for investment          9,851    10,155     13,112

Loans and advances to customers       207,484   163,958    140,232

(net)

    Short-term loans                   93,099    75,878     50,838

    Long-term loans                   117,852    92,626     93,041

    Provisions                         (3,467)   (4,546)    (3,647)

Goodwill                                2,247     2,789      3,240

Fixed assets                           15,884    15,729     14,631

Accrued interest receivable and         4,136     4,787      3,641

other assets

Total assets                          451,375   360,116    336,006

                                                                  

Due to Central Bank and government      1,000         -      1,300

Due to other credit institutions       16,927    10,835     12,446

Deposits from customers               360,409   285,763    278,196

    Demand deposits                   220,936   158,632    172,450

    Time deposits                     139,473   127,131    105,747

Debt securities                             -       106         75

Accrued interest payable and other     25,133    26,161      7,972

liabilities

Subordinated debt                       6,891     6,864      6,679

Total liabilities                     410,360   329,729    306,668

                                                                  

Common stock                           34,043    28,043     28,043

Capital reserves                          135       135        135

Accumulated losses                      2,209    (2,639)    (2,639)

Profit for current year                 4,628     4,848      3,800

Total shareholders’ equity             41,015    30,387     29,339

Total liabilities and shareholders'   451,375   360,116    336,006

equity





Mart Tõevere

Head of investor relations

+372 6131 569