HANSAPANK

BALANCE SHEET



PUBLIC REPORT CONSOLIDATED BALANCE SHEET 31.12.99



Consolidated balance sheet

(EEK in millions)                        31.12.99  31.12.98

Assets                                                     

Cash                                      1,135.8     875.6

Claims                                   24,825.4  21,104.5

  to the central bank                     3,969.0   2,390.1

  to credit institutions                  1,917.2   2,648.7

  to the bank's clients                  13,013.2  11,099.7

  to the leasing company's clients        6,570.3   5,693.1

  from direct and re-insurance                2.5      13.0

activities

  other                                                    

  Doubtful claims and loans (-)            -646.9    -740.1

Debt securities and fixed income          4,600.7   2,167.9

securities

Shares and other securities                 117.3     292.3

  Shares of subsidiaries                                   

  Shares of affiliated companies             15.5      21.0

  Other shares                                             

Intangible assets                           561.4     788.9

  Consolidated goodwill                     522.8     755.2

  Other intangible assets                    38.5      33.6

Tangible assets                           1,140.0     913.5

Settlements with the shareholders                          

Other assets                                374.0     442.6

Prepayments and accrued interest          1,481.3   1,084.0

Total assets                             34,251.3  27,690.2

                                                           

                                                           

Liabilities and shareholders' equity                       

Liabilities                              25,648.2  19,094.9

  to the central bank                        11.4      62.8

  to credit institutions                  5,144.1   4,057.5

  to the bank's clients                  19,944.1  14,946.9

  from direct and re-insurance                3.0       8.4

activities

  other                                     545.6      19.3

Debt securities issued                    1,268.3   2,051.5

Other liabilities                           684.9     690.8

Accrued liabilities                       1,000.6     799.9

Appropriations                              208.3     373.6

  Insurance                                 207.9     293.4

  Deferred tax                                0.4      80.2

  Pension                                                  

Subordinated liabilities                    469.8     460.7

Minority ownership                           21.8      24.3

Total liabilities                        29,301.9  23,495.7

  Share capital                             787.6     787.6

  Capital surplus                         2,757.1   2,756.9

  General banking reserve                   341.7     277.8

  Reserve capital                            94.7      69.3

  Other reserves                             20.5      20.5

  Unrealised exchange rate differences       38.3     -14.1

  Retained earnings                       1,031.6     318.5

    incl. From current period               735.1     -91.6

  Treasury shares                          -122.2     -22.0

Total shareholders' equity                4,949.4   4,194.5

Total liabilities and shareholders'      34,251.3  27,690.2

equity





Mart Tõevere

Analyst

+372 6131 569