Baltic Trust Bank                                           17.01.2005.



JSC “BALTIC TRUST BANK” balance sheet as at the end of December 31st, 2004



(in lats)





                                                  31.12.2004       31.12.2003

Cash and placements with Bank of Latvia           21,934,000        9,665,897

Placements with other banks                       76,018,180       69,124,118

Loans and advances to customers                   71,174,951       64,132,740

Fixed income securities                           12,889,313        9,167,096

Shares and other non-fixed income stocks             573,328        1,019,678

Derivatives                                           20,556           72,605

Investments in subsidiaries                        2,150,795          147,534

Non-tangible assets                                  971,630          934,207

Fixed assets                                       6,207,756        5,562,974

Other assets                                       1,071,056          958,378

Total assets                                     193,011,565      160,785,227

Other banks deposits                              15,373,806       37,010,015

Deposits                                         151,769,108      106,834,211

Debt securities                                    1,951,400                -

Derivatives                                           26,589          116,356

Other liabilities                                  5,154,960        5,881,931

Subordinated liabilities                           5,000,000                -

Capital and reserves                              13,735,702       10,942,714

Total liabilities and capital                    193,011,565      160,785,227

Contingent liabilities  and commitments            3,529,583          653,104

Liabilities to customers                           3,257,103        4,439,175

Trust assets                                       1,406,000                -



Net profit                                         2,839,951        1,830,058