HANSAPANK

INCOME STATEMENT



HANSABANKA'S AUDITED INCOME STATEMENT, 2000



HANSABANKA                                            

INCOME STATEMENT                                      

                                                      

(LVL in thousands, audited)              2000     1999

                                                      

Net interest income                                   

Interest income                        20,541   10,586

Interest expense                       (8,071)  (3,490)

Net interest income                    12,470    7,096

                                                      

Fees and commissions received           8,698    6,128

Fees and commissions paid              (1,063)    (744)

Net Fees and commissions                7,635    5,384

                                                      

Trading income                          5,051    4,009

Dividends                                   -       36

Other income                              345      179

Total revenues                         25,501   16,704

                                                      

Personnel expenses                     (5,805)  (4,345)

Data network expenses                    (881)    (628)

Administration expenses                (4,242)  (3,669)

Other operating expenses               (2,922)  (1,524)

Depreciation                           (4,004)  (3,144)

Total non-interest expenses           (17,854) (13,310)

                                                      

Loan provisions                        (2,685)  (2,946)

Recovered loans                           465      442

                                                      

Net operating profit before             5,427      890

taxation

Taxation                                 (579)     160

Net profit                              4,848    1,050





Mart Tõevere

Head of Investor Relations

+372 6131 569