EESTI ÜHISPANK

BALANCE SHEET



EESTI ÜHISPANK, BALANCE SHEET 31.12.99



Bank,

Unaudited (EEK million)                   31.12.99  30.11.99  31.12.98



Assets

Cash                                         363.0     347.6     317.8

Due from central bank                      1,025.6     987.2   1,296.9

Due from other banks                         681.7   1,175.3     207.5

Total cash and due from banks              2,070.3   2,510.1   1,822.2

Loans to curstomers                        8,607.0   8,166.8   7,709.5

     Less: provisions                       -225.7    -222.7    -353.3

Loans to customers net                     8,381.3   7,944.1   7,356.2

Fixed income securities                      941.9   1,213.1   2,211.7

Securities held pursuant to

   repurchase arrangements                     0.0       0.0       0.0

Investments

   in subsidaries                            471.2     604.9     442.3

Other long term investments                  458.1     580.1     109.4

Other shares and participations                9.7      22.9      47.1

Goodwill                                     494.2     499.0     551.8

Fixed assets                                 641.7     600.5     676.8

Accruals and prepaid expenses                358.1     180.4     196.5

Other assets                                 131.7     146.1     106.3



Total assets                              13,958.2  14,301.2  13,520.3







Liabilities and shareholders' equity

Customers demand deposits                  4,342.0   4,589.5   3,437.4

Customers time deposits                    3,779.8   3,862.3   3,782.5

Total customers deposits                   8,121.8   8,451.8   7,219.9

Due to credit institutions                 1,062.2   1,034.7   1,410.4

Bonds                                      1,820.3   1,851.6   1,934.2

Subordinated loans                           500.5     500.5     515.5

Total interest bearing liabilities        11,504.8  11,838.6  11,080.0

incl.demand                                4,384.2   4,612.5   3,449.8

     time                                  7,120.6   7,226.1   7,630.2

Accrued expenses and deferred income         201.2     188.6     185.1

Other liabilities                            223.8     257.9     346.5



Total liabilities                         11,929.8  12,285.1  11,611.6



Shareholders' equity

Share capital                                665.6     665.6     661.5

Paid in surplus                            1,346.7   1,346.6   1,340.6

Reserves                                     298.5     298.5     290.0

Non-distributed profit/-loss

   of previous year                         -383.4    -383.4    -383.4

Non-distributed

   profit/loss                               101.0      88.8        -

Total shareholders' equity                 2,028.4   2,016.1   1,908.7



Total liabilities & shareholders' equity  13,958.2  14,301.2  13,520.3





Urmas Neetar

head of reporting dept.

6 656 390