Sampo Pank                    INCOME STATEMENT                  03/01/2002



CONSOLIDATED INCOME STATEMENT, 2001



unaudited

(thous.EEK)

                                                            31.12.01 31.12.00

1. Interest revenue                                          364 415  250 425

1a. Interest revenue from banking activities                 280 768  205 294

1b. Interest revenue from leasing activities                  83 647   45 131

1c. Other interest revenue                                         0        0

2. Interest expense                                          184 318  126 751

2a. Interest expense from banking activities                 182 752  126 751

2b. Interest expense from leasing activities                   1 566        0

2c. Other interest expense                                         0        0

3. Net interest income (loss) (+/-)                          180 097  123 674

4. Income and expenses from insurance activities                   0        0

4a. Insurance premiums                                             0        0

4b. Insurance compensations and change in reserves                 0        0

5. Income from securities                                      2 908  - 1 536

6. Equity method gains (losses) (+/-)                          1 769  - 1 141

7. Fees and commissions income                                64 127   53 841

  7a. Fees and commissions revenue                            86 309   74 693

  7b. Fees and commissions expense                            22 182   20 852

8. Net profit (loss) on financial operations (+/-)            44 789   51 451

9. General administrative expenses                           170 527  131 274

  9.a Salaries expense                                        70 707   55 634

  9.b Social security expense                                 23 310   18 607

  9.c Pension expenses (non-state)                                 0        0

  9.d Other administrative expenses                           76 510   57 033

10. Value adjustments in tangible and intangible assets     - 26 320- 132 088

11. Value adjustments in loans and off-balance sheet items  - 45 607 - 34 847

12. Value adjustments in long-term investments               - 1 000  - 6 853

13. Other operating income                                   - 7 089    1 819

13a. Other operating revenue                                  13 574   13 887

13b. Other operating expenses                                 20 663   12 068

14. Extraordinary income/expenses (+/-)                            0        0

15. Profit/loss before taxation (+/-)                         43 147 - 76 954

16. Income tax expenses                                        2 201        0

16a. Income tax for reporting period                           2 201        0

16b. Change in deferred income tax liability (+/-)                 0        0

17. Minority share of profits                                   -  8        0

18. PROFIT (LOSS) FOR THE FINANCIAL YEAR (+/-)                40 954 - 76 954



unaudited

(thous.EUR)

                                                            31.12.01 31.12.00

1. Interest revenue                                           23 290   16 005

1a. Interest revenue from banking activities                  17 944   13 121

1b. Interest revenue from leasing activities                   5 346    2 884

1c. Other interest revenue                                         0        0

2. Interest expense                                           11 780    8 101

2a. Interest expense from banking activities                  11 680    8 101

2b. Interest expense from leasing activities                     100        0

2c. Other interest expense                                         0        0

3. Net interest income (loss) (+/-)                           11 510    7 904

4. Income and expenses from insurance activities                   0        0

4a. Insurance premiums                                             0        0

4b. Insurance compensations and change in reserves                 0        0

5. Income from securities                                        186    -  98

6. Equity method gains (losses) (+/-)                            113    -  73

7. Fees and commissions income                                 4 098    3 441

  7a. Fees and commissions revenue                             5 516    4 774

  7b. Fees and commissions expense                             1 418    1 333

8. Net profit (loss) on financial operations (+/-)             2 863    3 288

9. General administrative expenses                            10 899    8 390

  9.a Salaries expense                                         4 519    3 556

  9.b Social security expense                                  1 490    1 189

  9.c Pension expenses (non-state)                                 0        0

  9.d Other administrative expenses                            4 890    3 645

10. Value adjustments in tangible and intangible assets      - 1 682  - 8 442

11. Value adjustments in loans and off-balance sheet items   - 2 915  - 2 227

12. Value adjustments in long-term investments                 -  64   -  438

13. Other operating income                                    -  453      116

13a. Other operating revenue                                     868      888

13b. Other operating expenses                                  1 321      771

14. Extraordinary income/expenses (+/-)                            0        0

15. Profit/loss before taxation (+/-)                          2 758  - 4 918

16. Income tax expenses                                          141        0

16a. Income tax for reporting period                             141        0

16b. Change in deferred income tax liability (+/-)                 0        0

17. Minority share of profits                                   -  1        0

18. PROFIT (LOSS) FOR THE FINANCIAL YEAR (+/-)                 2 617  - 4 918





Anneli Rõuk

PR manager

+372 6302103