Hüvitusfond                   FINANCIAL RESULTS                 04/18/2002



AUDITED FINANCIAL RESULTS 2001



Audited profit before new obligation issues was 64,5 

million kroons (4,1 million EUR) in 2001 compared to 

the previous year’s profit before new obligation 

issues of 66,5 million kroons (4,2 million EUR). 

In 2001 the Fund redeemed its obligations in the 

sum of 181,5 million kroons (11,6 million EUR). 

In course of financial audit Fund’s net profit 

increased by 1 million kroons (0,06 million EUR) 

due to reassessment of assets.



In 2001 Compensation Fund earned interest income 

101,3 million kroons (6,5 million EUR). Interest 

income from bonds accounted around a half of all 

interest income. Interest expense was 22,4 

million kroons (1,4 million EUR), most of it was 

interest on issued obligations to the public. 

Net interest income in 2001 was 78,9 million 

kroons (5 million EUR) compared to 87 million 

kroons (5,5 million EUR) in year 2000. 



Profit from trading securities was 8,2 million 

kroons (0,5 million EUR) in 2001 compared to 20 

million kroons (1,2 million EUR) in 2000. Profit 

from investment securities was 7,9 million kroons 

(0,5 million EUR) in 2001 compared to 0,1 million 

kroons (0,008 million EUR) in 2000. 



Loss from subsidiaries amounted to 16 million 

kroons (one million EUR) in 2001 compared to 28 

million kroons (1,8 million EUR) in 2000. 



Fund’s operating profit in 2001 was 80,8 million 

kroons (5,1 million EUR) compared to 90,3 million 

kroons (5,8 million EUR) in 2000. Profit before 

obligation issues was 64,5 million kroons 

(4,1 million EUR) compared to 66,5 million 

kroons (4,2 million EUR) in 2000.





Jaanus Kosemaa

head of public relations

6651800, 05104614