EESTI ÜHISPANK

BALANCE SHEET



BALANCE SHEETS OF EESTI ÜHISPANK 31.12.99



CONSOLIDATED BALANCE SHEET                           31.12.99 31.12.98

(EEKmio)

Assets

1.      Cash                                            363.0    450.8

2.      Loans and advances                           10,863.5 12,422.5

2.1.    Balances with central bank                    1,025.6  1,320.0

2.2.    Loans and advances to credit institutions       707.1    812.4

2.3.    Loans & adv.to clients of credit institutions 7,498.9  7,726.4

2.4.    Due from clients of leasing enterprises       1,760.0  2,474.2

2.5.    Due from insurance institutions                   0.7      0

2.6.    Other loans and advances                        122.7    521.4

2.7.    Uncollectible debt                             -251.4   -431.9

3       Debt securities and fixed income securities     693.9  1,008.2

4       Shares and other securities                     882.0    123.9

5       Shares and participations in associates           5.8     39.6

6       Shares and participations in subsidaries

7       Intangible assets                               536.9    553.2

7.1.    Consolidated goodwill                           535.3    552.5

7.2.    Other intagible assets                            1.6      0.7

8       Tangible assets                               1,231.8  1,388.0

9       Subscribed capital unpaid                         0        0

10      Other assets                                    131.8    206.8

11      Accruals and prepaid expenses                   261.0    305.6

12      Total assets                                 14,969.7 16,498.7





Liabilities and shareholders' eqity

1.      Liabilities                                   9,720.7 10,495.1

1.1.    Due to central bank                               5.3      4.6

1.2.    Due to credit institutions                    1,660.9  2,285.3

1.3.    Due to clients of credit institutions         7,771.5  7,945.5

1.4.    Due to clients of insurance institutions          0.3      0

1.5.    Other commitments + Government lending funds    282.7    259.8

2       Issued debt securities                        2,199.6  2,570.6

3       Other liabilities                               232.6    579.0

4       Accrued expenses and deferred income            272.6    393.7

5       Provisions                                       14.1      2.0

5.1.    Insurance technical provisions                   14.1      0

5.2.    Potential income tax                              0        2.0

5.3.    Other provisions                                  0        0

6       Subordinated liabilities                        500.5    515.5

7       Minority interest                                -2.8     25.2

8       Total liabilities                            12,937.4 14,581.2

9.1.    Paid up capital                                 665.6    661.5

9.2.    Share premium                                 1,346.6  1,340.6

9.3.    General banking reserve                         298.5    298.5

9.4.    Revaluation reserve                               0        0

9.5.    Other reserves                                    0        0

9.6.    Unrealized rate differences                      -4.0     -8.5

9.7.    Profit/Loss retained                           -374.6      7.7

9.8.    Profit/Loss for financial year                  100.2   -382.3

9.9.    Own shares                                        0        0

9       Total shareholders' equity                    2,032.3  1,917.5

10.     Total liabilities and capital                14,969.7 16,498.7







BALANCE SHEET, BANK                                  31.12.99 31.12.98

(EEKmio)

Assets

1.      Cash                                            363.0    317.8

2.      Loans and advances                           10,139.1  8,860.6

2.1.    Balances with central bank                    1,025.6  1,296.9

2.2.    Loans and advances to credit institutions       681.6    207.5

2.3.    Loans & adv.to clients of credit institutions 8,606.4  7,709.5

2.4.    Due from clients of leasing enterprises           0        0

2.5.    Due from insurance institutions                   0        0

2.6.    Other loans and advances                          0        0

2.7.    Uncollectible debt                             -174.5   -353.3

3       Debt securities and fixed income securities     906.9  2,211.7

4       Shares and other securities                     617.5    121.4

5       Shares and participations in associates           4.6     35.1

6       Shares and participations in subsidaries        427.3    421.7

7       Intangible assets                               534.9    551.8

7.1.    Consolidated goodwill                           534.9    551.8

7.2.    Other intagible assets                            0        0

8       Tangible assets                                 641.7    676.6

9       Subscribed capital unpaid                         0        0

10      Other assets                                    131.7    106.3

11      Accruals and prepaid expenses                   191.1    196.5

12      Total assets                                 13,958.0 13,499.7





Liabilities and shareholders' eqity

1.      Liabilities                                   9,183.9  8,630.2

1.1.    Due to central bank                               5.3      4.6

1.2.    Due to credit institutions                    1,056.9  1,405.8

1.3.    Due to clients of credit institutions         7,839.0  6,960.1

1.4.    Due to clients of insurance institutions          0        0

1.5.    Other commitments + Government lending fund     282.7    259.8

2       Issued debt securities                        1,820.3  1,934.2

3       Other liabilities                               222.8    346.5

4       Accrued expenses and deferred income            202.8    185.1

5       Provisions                                        0        0

5.1.    Insurance technical provisions                    0        0

5.2.    Potential income tax                              0        0

5.3.    Other provisions                                  0        0

6       Subordinated liabilities                        500.5    515.5

7       Minority interest                                 0        0

8       Total liabilities                            11,930.4 11,611.5

9.1.    Paid up capital                                 665.6    661.5

9.2.    Share premium                                 1,346.6  1,340.6

9.3.    General banking reserve                         298.5    298.5

9.4.    Revaluation reserve                               0        0

9.5.    Other reserves                                    0        0

9.6.    Unrealized rate differences                       0        0

9.7.    Profit/Loss retained                           -412.4    -24.5

9.8.    Profit/Loss for financial year                  129.2   -387.9

9.9.    Own shares                                        0        0

9       Total shareholders' equity                    2,027.6  1,888.2

10.     Total liabilities and capital                13,958.0 13,499.7





Urmas Neetar

head of reporting dept.

6 656 390