EEST ÜHISPANK

INCOME STATEMENT

01.01-30.09.1999

 

 

Uhispank, Income Statement, Consolidated  9 months 12 months  9 months

Unaudited (EEK million)                       1999      1998      1998

 

Interest income                              957.0   1,377.1     952.6

Interest expenses                           -535.6    -727.5    -509.7

Net interest income                          421.4     649.6     442.9

 

Fees and commissions received                220.2     271.2     186.8

Fees and commissions paid                    -67.7    -116.7     -80.3

Net income from fees and commissions         152.5     154.5     106.5

 

Income from securities

   and currency dealing profits              112.3    -168.5     -95.9

Other operating income                        49.1      58.4      73.2

 

TOTAL OPERATING INCOME                       735.3     694.0     526.7

 

Personnel expenses                          -211.9    -232.2    -151.6

Other administrative expenses               -175.9    -218.1    -184.4

Value adjustments of tangible and

   intangible assets and depreciation       -187.9    -134.3     -67.6

Other operating expenses                     -48.8     -37.1     -20.5

 

TOTAL OPERATING EXPENSES                    -624.5    -621.7    -424.1

 

OPERATING PROFIT                             110.8      72.3     102.6

 

Income from affiliates and

   adjustments of long term investments        8.7       8.2       0.0

 

Value adjustments of advances and

   off-balance sheet items                   -43.1    -474.5     -84.5

 

Extraordinary items                            0.1       0.0       0.0

 

PROFIT BEFORE TAXES                           76.5    -394.0      18.1

 

Income tax                                    -1.2      -2.0     -12.0

Minorities profit                             -0.2      12.6      -0.9

 

NET PROFIT                                    75.1    -383.4       5.2