HÜVITUSFOND

FUND TRANSACTIONS REPORT

01.01.99-30.09.99

 

unaudited

in thousand EEK

 

				                 30.09.1999    30.09.1998

 

1. Revenues from privatization                      257,920      122,646

2. Bonds issued                                      42,166       71,940

 

3. INTEREST INCOME                                  123,091      111,470

3.1. From deposits                                    6,251        6,403

3.2. From bonds                                      67,690       51,064

3.3. Other interest income                           49,149       54,001

4. INTEREST EXPENSES                                -34,678      -50,151

4.1. Interest payments on bonds                     -25,024      -31,529

4.2. Loan interests                                     -60       -8,408

4.3. Other interest expenses                         -9,593      -10,213

 

5. NET INTEREST INCOME                               88,413       61,318

 

6. INCOME FROM INVESTMENTS                           91,386       24,794

6.1. From short-term investments                     84,917       14,989

6.2. From portfolio investments                       2,635        7,961

6.3. From subsidiaries and associated companies       3,335          740

6.4. Real estate                                        497        1,101

 

7. INVESTMENT-RELATED EXPENSES                      -85,099     -313,448

7.1. On short-term investments                      -68,887     -268,017

7.2. On portfolio investments                             0       -7,129

7.3. On subsidiaries and associated companies             0      -14,823

7.4. Liabilities                                     15,622      -22,991 

7.5. Real estate 			   	       -590         -486 

8. NET INVESTMENT INCOME/LOSS			      6,286     -288,653

 

9. OTHER OPERATING INCOME			      6,286        2,546 

 

10. OTHER OPERATING EXPENSES			     -6,402       -4,983

 

11. ADMINISTRATIVE EXPENSES			    -18,264      -12,927

11.1. Salary-related expenses 			     -5,410       -4,610

11.2. Social taxes and other salary-related exp      -1,831       -1,550

11.3. Other administrative expenses		     -3,924       -2,990

11.4. Accumulated depreciation			     -1,457       -1,295

11.5. Bonds’ issue and management expenses	     -1,822           -1

11.6.Investment-related expenses		     -1,356         -814

11.7.Marketing expenses                                -285         -241

11.8.Real estate administration expenses             -2,176         -301

 

12. NET OPERATING PROFIT/LOSS			     76,319     -242,700  

 

13. FUND AT BEGINNING OF PERIOD                     720,264      926,985

14. FUND AT THE END OF PERIOD                     1,012,337      734,990 

15. FUND NET RESULT 				    292,073     -191,994

 

 

 

Jaanus Kosemaa

Public Relations Manager

Hüvitusfond

+3726651800, +3726651824, +3725104614