EESTI FOREKSPANK

BALANCE SHEET

30.11.98

 

unconsolidated, unaudited

in thousand EEK

 

ASSETS                                                     30.11.98      31.10.98

 

Cash		                                             55,989        50,998

Current/demand accounts in other banks		            213,026       125,911

Term deposits in other banks		                         67           118

Current investments in securities	                      1,515         2,402

Loans secured by the securities                              12,536        12,536

Loans to clients	                                  1,150,514     1,226,948

Doubtful debts reserve                                      -97,438      -153,827

Net loans                                                 1,053,076     1,073,121

Noncurrent investments in debt securities                   155,696       167,505

Noncurrent investments in securities                        113,291       111,713

Material assets                                              12,475        13,562

Immaterial assets                                             3,172         3,304

Other assets                                                 79,427       134,466

 

TOTAL ASSETS                                              1,700,271     1,695,635

 

LIABILITIES

Current/demand accounts                                     479,443       421,625

Term deposits                                               243,159       283,848

Loans from banks                                            485,497       483,707

Government loan funds                                        76,356        76,356

Amounts in collection                                       174,667       185,360

Other liabilities                                            52,607        54,522

Subordinated loans                                           74,500        74,500

TOTAL LIABILITIES                                         1,586,229     1,579,918

 

OWNERS' EQUITY

Share capital                                               176,181       176,181

Capital surplus                                              60,602        60,602

General banking reserve                                      44,812        44,812

Other reserves                                                4,665         4,665

Retained earnings		                             76,620        76,620

Profit/loss for the financial year                         -248,838      -247,163

TOTAL OWNERS' EQUITY                                        114,042       115,717

 

TOTAL LIABILITIES AND OWNERS' EQUITY                      1,700,271     1,695,635