EESTI FOREKSPANK

BALANCE SHEET

31.10.98

 

Unconsolidated, unaudited

in thousand EEK

 

ASSETS                                                       30.09.98       31.10.98

 

Cash	                                                       42,676         50,998

Current/demand accounts in other banks                        116,976        125,911

Term deposits in other banks                                    2,815            118

Current investments in securities                               5,688          2,402

Loans secured by the securities                                33,267         12,536

Loans to clients                                            1,225,814      1,226,948

Doubtful debts reserve                                        -39,912       -153,827

Net loans                                                   1,185,902      1,073,121

Investments in debt securities                                225,594        167,505

Noncurrent investments in securities                          223,977        111,713

Material assets                                                14,092         13,562

Immaterial assets                                               3,539          3,304

Other assets                                                  111,582        134,466

 

TOTAL ASSETS                                                1,966,109      1,695,635

 

LIABILITIES

Current/demand accounts                                       618,249        421,625

Term deposits		                                      339,271        283,848

Loans from banks                                              389,728        483,707

Government loan funds                  	                       87,714         76,356

Amounts in collection                                         237,822        185,360

Other liabilities                                              74,568         54,522

Subordinated loans	                                       74,500         74,500

TOTAL LIABILITIES                                           1,821,852      1,579,918

 

OWNERS' EQUITY

Share capital                                                  53,682        176,182

Capital surplus                                                65,539         60,602

General banking reserve                                        44,812         44,812

Other reserves                                                  4,665          4,665

Retained earnings 		                               76,620         76,620

Net loss for the financial year                              -101,061       -247,163

TOTAL OWNERS' EQUITY                                          144,257        115,717

 

TOTAL LIABILITIES AND OWNERS' EQUITY 	                    1,966,109      1,695,635