HANSAPANK

INCOME STATEMENT



HANSA CAPITAL'S INCOME STATEMENT, Q1 2001



Income statement

(in EEK, millions)

                                          3 m 2001     2000  3 m 2000

Interest Income                              357.8  1 093.6     233.4

Interest Expenses                            196.3    607.8     128.2

Net Interest Income                          161.4    485.7     105.2

                                                                     

Commission Income                             49.8    180.5      30.3

Commission Expenses                            6.4     19.8       3.8

Other Operating Income                        21.9     66.7      13.4

TOTAL REVENUE                                226.7    713.1     145.2

                                                                     

General & Administrative Expenses             59.3    222.2      39.1

Profit Before Credit Losses and              167.4    490.9     106.0

Financial Income

Credit Losses (net)                           24.2    118.8      21.8

Net Financial Income                           1.9      5.1       7.5

Operating Profit                             145.0    377.2      91.7

Net Income from Equity Investments             0.3      0.2       1.2

Extraordinary Income (Expense)                   0     22.3      -0.0

PROFIT BEFORE INCOME TAX                     144.9    399.7      92.9

Income Tax (inc. Deferred tax)                 7.4      3.4       2.8

Minority Interest                             -0.0      0.5      -0.0

NET PROFIT                                   137.5    395.8      90.1





Mart Tõevere

Head of investor relations

+372 6131 569