OPTIVA PANK

BALANCE SHEET

30.06.99

 

Consolidated

In thousand EEK

 

 

ASSETS                                                           31-Dec-98      31-Mar-99      30-Jun-99

Cash in hand                                                        59,678         73,863         70,367

Demand deposits with banks                                         346,012        379,688        410,622

Interest-bearing deposits with banks                                    31        155,026        120,829

Short-term investments in shares                                    45,606         44,029         44,674

Securities purchased under resale agreements                        14,219          9,063         14,063

Loans to clients                                                 2,201,894      2,174,761      1,970,559

Allowances for loan losses                                        -232,983       -234,153       -204,591

Net loans                                                        1,968,911      1,940,608      1,765,967

Long-term financial investments in debt securities                 172,690        175,462        218,979

Long-term financial investments in shares                          100,079        104,629         79,229

Tangible assets                                                    225,576        230,335        230,091

Intangible assets                                                  140,168        132,264        125,327

Other assets                                                       126,486        128,682        130,887

TOTAL ASSETS                                                     3,199,454      3,373,649      3,211,036

 

 

LIABILITIES

Current accounts                                                   544,265        605,166        704,019

Time deposits                                                      328,914        412,162        335,641

Loans from banks                                                   700,169        697,594        691,984

Borrowings from government                                         115,493        115,472        104,331

Debts evidenced by certificates                                    817,509        783,512        499,089

Clearing accounts                                                   99,869        169,257        195,025

Other liabilities                                                   60,095         54,822        140,902

Subordinated debt                                                  194,500        194,500        194,500

TOTAL LIABILITIES                                                2,860,813      3,032,486      2,865,491

Minority share                                                       2,701          2,731          2,618

OWNERS' EQUITY

Share capital                                                      412,559        412,559        412,559

Treasury shares                                                     -2,027         -2,528         -2,653

Share premium account                                               60,602         60,602         60,602

General banking reserve                                             44,811         44,811         44,811

Mandatory reserve capital                                            4,118          4,118          4,118

Other reserves                                                         547            547            547

Retained earnings from prior years                                -184,670       -184,670       -184,670

Profit/Loss for the financial year                                       0          2,992          7,612

TOTAL OWNERS' EQUITY                                               335,940        338,432        342,926

TOTAL LIABILITIES AND OWNERS' EQUITY                             3,199,454      3,373,649      3,211,036