HANSAPANK

INCOME STATEMENT



HANSABANKA'S INCOME STATEMENT, 9 M 2000



(LVL in thousands)                   9 m 2000     1999  9 m 1999

                                                                

Interest income                        14,073   10,586     7,385

Interest expense                      (5,402)  (3,490)   (2,557)

Net interest income                     8,671    7,096     4,828

                                                                

Fees and commissions, received          6,078    6,128     4,302

Fees and commissions, paid              (801)    (744)     (522)

Fees and commissions, net               5,277    5,384     3,780

                                                                

Net result from financial               3,695    4,012     2,632

operations

Dividends                                   -       36        30

Other income                              218      179        73

Total revenues                         17,861   16,707    11,343

                                                                

Personnel expenses                    (3,993)  (4,345)   (3,051)

Data network expenses                   (571)    (628)     (475)

Administration expenses               (2,960)  (3,669)   (2,516)

Other operating expenses              (1,623)    (970)     (641)

Depreciation                          (2,702)  (3,144)   (2,396)

Total non-interest expenses          (11,849) (12,756)   (9,079)

Loan losses                           (1,731)  (2,946)   (1,615)

Other losses                            (530)    (557)         -

Recovered loans previously written-       406      442       178

off

Net operating profit before             4,157      890       827

taxation

Tax                                     (357)      160         -

Net profit                              3,800    1,050       827





Mart Tõevere

Head of Investor Relations

+372 6131 569