EESTI FOREKSPANK

BALANCE SHEET

30.09.98

 

consolidated, unaudited

in thousand EEK

 

ASSETS                                                           30.09.98     31.12.97

 

Cash		                                                   42,707       47,418

Current/demand accounts in other banks                            117,798      542,807

Term deposits in other banks		                            2,814       76,538

Current investments in securities                                 150,004      175,468

Loans secured by the securities                                    33,267      137,213

Loans to clients                                                1,027,087    1,050,405

Doubtful debts reserve                                            -42,446      -26,126

Net loans                                                         984,641    1,024,279

Noncurrent investments in debt securities 		          159,333      139,203

Noncurrent investments in securities 		                  161,790       14,528

Material assets	                                                  216,825      220,576

Immaterial assets                                                   4,729        6,413

Other assets                                                      101,646      154,530

Assets of the affiliated group                                          0           85

 

TOTAL ASSETS                                                    1,975,555    2,539,058

 

LIABILITIES

Current/demand accounts                                           604,237    1,195,824

Term deposits		                                          339,272      327,564

Loans from banks                                                  401,310      369,572

Government loan funds                                              87,714        8,533

Bonds issued		                                            1,000       34,043

Amounts in collection                                             237,822      270,585

Other liabilities	                                           90,574       86,337

Subordinated loans	                                           74,500       74,500

TOTAL LIABILITIES                                               1,836,429    2,366,958

 

Minority interest                                                   2,661        2,468

 

OWNERS' EQUITY

Share capital                                                      53,682       41,182

Treasury shares                                                      -105       -7,555

Capital surplus                                                    65,539       18,031

General banking reserve                                            44,811       44,812

Mandatory reserve capital                                           4,118        4,118

Other reserves                                                        547          547

Unrealized foreign exchange differences                            -1,849            0

Retained earnings		                                   68,497       68,497

Profit/loss for the financial year                                -98,776            0

TOTAL OWNERS' EQUITY                                              136,465      169,632

 

TOTAL LIABILITIES AND OWNERS' EQUITY                            1,975,555    2,539,058