OPTIVA PANK

BALANCE SHEET

30.04.99

 

unaudited, unconsolidated 

in thousand EEK

 

                                                       30.04.99     31.03.99

ASSETS

Cash in hand                                             65,692       73,862

Demand deposits with banks		                401,640      378,847

Interest-bearing deposits with banks                     88,505      155,026

Short-term investments in shares                          4,624        5,068

Securities purchased under resale agreements             14,063        9,063

Loans to clients                                      2,121,268    2,144,186

Allowances for loan losses                             -229,016     -228,367

Net loans                                             1,892,252    1,915,819

Long-term financial investments in debt securities      461,496      391,569

Long-term financial investments in shares               120,121      128,638

Tangible assets                                          12,930       12,779

Intangible assets                                       129,958      132,050

Other assets                                            134,484      144,472

TOTAL ASSETS                                          3,325,764    3,347,193

 

 

LIABILITIES

Current accounts                                        589,526      607,319

Time deposits                                           429,898      410,662

Loans from banks                                        675,281      686,405

Borrowings from government                              104,374      115,472

Debts evidenced by certificates                         784,829      782,512

Clearing accounts                                       155,547      169,258

Other liabilities                                        50,104       41,523

Subordinated debt                                       194,500      194,500

TOTAL LIABILITIES                                     2,984,059    3,007,651

OWNERS' EQUITY

Share capital                                           412,559      412,559

Share premium account                                    60,602       60,602

General banking reserve		                         44,812       44,812

Other reserves                                            4,665        4,665

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

Profit/loss for the financial year                        3,737        1,574

TOTAL OWNERS' EQUITY		                        341,705      339,542

TOTAL LIABILITIES AND OWNERS' EQUITY                  3,325,764    3,347,193