AS OPTIVA PANK

BALANCE SHEET

 

UNCONSOLIDATED BALANCE SHEET 31.10.99

(EEK in thousand, unaudited)

 

 

ASSETS                                                   31.10.99      30.09.99

 

Cash in hand                                               52,268        55,853

Demand deposits with banks                                386,234       379,196

Interest-bearing deposits with banks                          123            81

Short-term investments in shares                            4,897         7,389

Securities purchased under resale agreements                6,700         6,700

Loans to clients                                        2,046,872     2,044,267

Allowances for loan losses                               -190,840      -188,745

Net loans                                               1,856,032     1,855,522

Long-term financial investments in debt securities        662,547       666,545

Long-term financial investments in shares                  96,607        97,067

Tangible assets                                            13,549        13,573

Intangible assets                                         116,822       119,063

Other assets                                              137,892        94,502

TOTAL ASSETS                                            3,333,672     3,295,491

 

LIABILITIES

Current accounts                                          737,522       686,642

Time deposits                                             400,360       400,979

Loans from banks                                          607,975       630,032

Borrowings from government                                 94,484       105,842

Debts evidenced by certificates                           727,850       724,779

Clearing accounts                                         169,310       158,376

Other liabilities                                          52,710        46,073

Subordinated debt                                         194,500       194,500

TOTAL LIABILITIES                                       2,984,711     2,947,223

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                        10,993        10,300

TOTAL OWNERS' EQUITY                                      348,961       348,268

TOTAL LIABILITIES AND OWNERS' EQUITY                    3,333,672     3,295,491

 

 

 

Piret Villman

Head of Budget and Planning Dept

+372 63 02 103

 

Lea Endrikson

Public relations specialist

+372 63 02 588