EESTI ÜHISPANK

INCOME STATEMENT

01.01-30.09.1999

 

 

Unconsolidated                            9 months 12 months  9 months

Unaudited (EEK million)                       1999      1998      1998

 

 

Interest income                              808.9   1,108.8     753.5

Interest expenses                           -470.0    -637.6    -437.7

Net interest income                          338.9     471.2     315.8

 

Fees and commissions received                170.7     229.9     168.5

Fees and commissions paid                    -56.2    -105.1     -74.0

Net income from fees and commissions         114.5     124.9      94.5

 

Income from securities

      and currency dealing profits            89.5    -132.7    -100.2

Other operating income                        29.2      21.1       9.1

 

TOTAL OPERATING INCOME                       572.1     484.5     319.2

 

Personnel expenses                          -157.8    -182.1    -121.8

Other administrative expenses               -146.7    -172.8    -109.8

Value adjustments of tangible and

   intangible assets and depreciation       -140.7    -105.5     -54.7

Other operating expenses                     -37.3     -31.4     -23.2

 

TOTAL OPERATING EXPENSES                    -482.5    -491.8    -309.5

 

OPERATING PROFIT                              89.6      -7.2       9.7

 

Income from equity method and

value adjustments of long term investments    -6.5     -43.7      27.4

 

Value adjustments of advances and

   off-balance sheet items                    -8.5    -332.5     -31.5

 

Extraordinary items                            0.6       0.0       0.0

 

PROFIT BEFORE TAXES                           75.1    -383.4       5.6

 

Income tax                                     0.0       0.0       0.0

 

NET PROFIT                                    75.1    -383.4       5.6