EESTI ÜHISPANK

BALANCE SHEET

31.12.98

 

 

Balance Sheet, audited

(mio of EEK)

                                    Group:            Bank:

                              Note     1998     1997     1998     1997

 

Assets

Cash on hand                          450.8    248.4    317.8    248.1

Balances with the central bank 10)  1,320.0    825.1  1,296.9    825.1

Loans and advances to banks    11)    812.4    248.5    207.5    248.5

Dealing securities             12)     63.9    501.6     62.2    501.6

Loans and advances to customers 13)10,722.0  6,711.1  7,709.5  5,064.9

 Less:allowance for

      uncollectible loans      14)   -431.9   -141.6   -353.3   -118.4

Loans, net                         10,290.1  6,569.5  7,356.2  4,946.5

Investment

 securities                    15)  1,068.2    930.9  2,270.9  1,746.0

Investments in associates      16)     39.6     14.4     35.1     14.0

Investments in subsidiaries    17)       -        -     442.3     78.1

Goodwill                       18)    551.8       .0    551.8       .0

Tangible fixed assets          19)  1,388.0    598.2    676.8    529.0

Other assets                   20)    513.8    404.3    302.8    325.2

 

Total Assets                       16,498.7 10,340.8 13,520.3  9,462.0

 

 

Liabilities

Amounts owed to credit instit. 21)  2,289.8    556.5  1,410.4    556.5

Amounts owed to customers      22)  8,205.3  5,510.1  7,219.9  5,269.5

Issued bonds                   23)  2,570.6  2,880.8  1,934.2  2,302.4

Subordinated debt              24)    515.5    305.0    515.5    305.0

Total Interest

 Bearing Liabilities               13,581.3  9,252.4 11,079.9  8,433.5

 

Other liabilities              25)    983.4    410.5    531.6    354.5

 

Total Liabilities                  14,564.7  9,663.0 11,611.5  8,787.9

 

Minority interest (equity)             25.2      3.8       -        -

 

Equity

Subscribed share capital       26)    661.5    302.7    661.5    302.7

Share premium                       1,340.6     73.0  1,340.6     73.0

General banking reserve               298.5    298.5    298.5    298.5

Revaluation reserve                    -8.5       .0     -8.5       .0

Retained earnings                    -383.4       .0   -383.4       .0

 

Total Equity                        1,908.8    674.1  1,908.8    674.1

 

Total Liabilities and Equity       16,498.7 10,340.8 13,520.3  9,462.0

 

 

Off-Balance Sheet Commitments  28)

Guarantees and Letters of credit      735.4    869.9  1,886.9    869.9

Binding commitments                   655.0    726.7    651.0    726.7

Foreign exchange and interest

 rate related contracts             2,911.6  2,808.0  2,896.5  2,808.0