OPTIVA PANK

BALANCE SHEET

01.12.98

 

unconsolidated, unaudited

in thousand EEK

                                                            01.12.98

                                                    Comment

 

Cash                                                          59,325

Receivables from Central Bank                                202,974

Receivables from credit institutions                  (1)    198,235

Receivables from clients                              (2)  2,302,171

Doubtful accounts                                           -202,888

Securities                                            (3)    433,170

Immaterial assets                                     (4)    149,733

Material assets		                                      15,012

Other assets                                                  46,020

Accrued income and prepaid expenses  			     137,343

TOTAL ASSETS                                               3,341,095

 

 

Payables to Central Bank                                       7,261

Payables to credit institutions                       (5)    722,530

Payables to clients                                   (6)    766,703

Government loan funds and foreign funds                      115,596

Bonds issued 		                                     825,631

Other liabilities                                            271,191

Accrued expenses and prepaid revenue			      40,740

Provisions                                                    35,895

Subordinated liabilities                                     202,348

TOTAL LIABILITIES                                          2,987,895

 

Share capital                                         (7)    412,558

Capital surplus                                               60,602

General banking reserve                                       44,812

Other reserves                                                 4,665

Retained earnings	    			              76,620

Profit/loss for the financial year                          -246,057

TOTAL OWNERS' EQUITY                                         353,200

TOTAL LIABILITIES AND OWNERS' EQUITY	                   3,341,095