HANSAPANK

BALANCE SHEET



HANSA CAPITAL'S BALANCE SHEET; 31.03.01



Balance sheet

(in EEK, millions)

                                      31.03.2001 31.12.2000 31.03.2000

ASSETS                                                               

Cash and Bank                              183.1     185.2      131.3

Due from Customers                         237.0     184.4      173.5

Financial Investments                   12 044.4  10 961.9    7 380.6

  Leasing                                9 734.5   8 864.9    6 273.5

  Factoring                              1 480.4   1 394.1      645.4

  Loans                                    464.9     421.1      369.2

  Assignment                                91.6     106.2       54.7

  Consumer Factoring                       273.0     175.6       37.8

Allowance for Doubtful Receivables        -358.8    -342.3     -284.7

Net Financial Investments               11 685.7  10 619.5    7 095.9

Prepayments to Suppliers                 1 137.5   1 195.8      788.3

Stocks for Resale                          173.0     154.7      159.9

Long-term Equity Investments                17.9      18.1        8.2

Tangible Noncurrent Assets                 158.8     152.2      127.2

Intangible Assets                            2.7       3.0        3.3

Accrued Income and Prepaid Expenses        216.8     281.3      136.4

TOTAL ASSETS                            13 812.5  12 794.2    8 623.8

                                                                     

LIABILITIES AND EQUITY                                               

LIABILITIES                                                          

Loans                                   11 670.9  10 782.8    6 553.4

Bonds                                      190.0     275.2      616.0

Bills of Exchange                          210.4     229.9      345.7

Liabilities to Customers and               609.2     551.1      492.2

Suppliers

Accrued Expenses and Prepaid Revenue       175.7     176.3      114.3

Other Liabilities                            4.9       6.8        4.1

Deferred Tax Liabilities                     0.8       0.8        0.5

Negative Goodwill                           -0.6      -0.2        6.0

TOTAL LIABILITIES                       12 861.2  12 022.8    8 132.2

Minority Interest                            1.3       1.4        3.7

EQUITY                                                               

Share Capital                              120.0     120.0       40.0

Reserves                                    16.9      16.9       14.5

Retained Earnings                          798.1     660.6      437.4

Unrealised Exchange Difference              14.9     -27.5       -4.0

TOTAL EQUITY                               949.9     770.0      487.9

TOTAL LIABILITIES AND EQUITY            13 812.5  12 794.2    8 623.8





Mart Tõevere

Head of investor relations

+372 6131 569