HANSAPANK

INCOME STATEMENT



HANSABANKA'S INCOME STATEMENT, I H-Y 2000



(LVL in thousands)                   6 m 2000     1999  6 m 1999

                                                                

Interest income                         8,108   10,586     4,805

Interest expense                      (3,081)  (3,490)   (1,668)

Net interest income                     5,027    7,096     3,137

                                                                

Fees and commissions, received          3,922    6,128     2,652

Fees and commissions, paid              (513)    (744)     (339)

Fees and commissions, net               3,409    5,384     2,313

                                                                

Net result from financial               2,688    4,012     1,780

operations

Dividends                                   -       36        30

Other income                               99      179        44

Total revenues                         11,223   16,707     7,304

                                                                

Personnel expenses                    (2,557)  (4,345)   (2,020)

Data network expenses                   (355)    (628)     (354)

Administration expenses               (1,877)  (3,669)   (1,690)

Other operating expenses                (677)    (970)     (475)

Depreciation                          (1,673)  (3,144)   (1,581)

Total non-interest expenses           (7,139) (12,756)   (6,120)

Loan losses                           (1,262)  (2,946)     (661)

Other losses                            (374)    (557)     (194)

Recovered loans previously written-       376      442       105

off

Net operating profit before             2,824      890       434

taxation

Tax                                     (318)      160         -

Net profit                              2,506    1,050       434





Mart Tõevere

Investor relations

+372 6131 569