OPTIVA PANK

REPORT



CONSOLIDATED AUDITED STATEMENT OF CHANGES IN EQUITY 1999



Th. EEK

                                        BANK         GROUP

                                        1999   1998   1999   1998

Share capital

Balance at beginning of year          412559  41182 412559  41182

Issues of new shares                       0 371377      0 371377

Balance at year-end                   412559 412559 412559 412559



Treasury shares1

Balance at beginning of year               0      0  -2026  -7555

Decrease in treasury shares                0      0   1884   5528

Balance at year-end                        0      0   -142  -2027



Paid-in capital over par

Balance at beginning of year           60602  18031  60602  18031

Share premium from issuance of shares      0  42571      0  42571

Balance at year-end                    60602  60602  60602  60602



General banking reserve

Balance at beginning of year           44811  44811  44811  44811

Balance at year-end                    44811  44811  44811  44811



Mandatory reserve

Balance at beginning of year            4118   4118   4118   4118

Balance at year-end                     4118   4118   4118   4118



Other reserves

Balance at beginning of year             547    547    547    547

Balance at year-end                      547    547    547    547



Retained earnings

Balance at beginning of year         -184670  80303-184670  68497

Profit (loss) for the financial year  -20640-264973 -20640-253167

Balance at year-end                  -205310-184670-205310-184670



TOTAL OWNERS' EQUITY                  317327 337967 317185 335940





Lea Endrikson

PR specialist

6302 105