HANSAPANK

BALANCE SHEET



CONSOLIDATED BALANCE SHEET, 30.09.2000



Balance Sheet                        Group                    Bank         

(EEK in mil, unaudited) 30/09/00 31/12/99 30/09/99 30/09/00 31/12/99 30/09/99

                                                                           

Assets                                                                     

Cash                      1,091.2  1,135.8   840.0   594.6   725.7    556.8

Due from Central Bank     3,155.4  3,969.0 2,444.7 2,915.5 3,203.8  2,186.7

Due from other financial  4,559.3  1,917.2 3,073.2 3,250.9 1,190.8  2,229.2

institutions

Treasury securities       3,575.3  3,020.3 2,660.2 1,278.9 2,344.9  1,975.1

Trading securities          329.4    234.2   170.9   224.2   195.2    124.2

  Debt securities           166.1    170.9   122.9    67.3   133.3     78.6

  Equity                    163.3     63.3    48.0   156.9    61.9     45.6

Investment securities     1,356.1  1,479.1 1,319.9 1,887.9 2,404.9  2,037.8

  Debt securities         1,305.2  1,439.3 1,228.7   951.3 1,756.5  1,549.3

  Equity                     50.9     39.8    91.2   936.5   648.4    488.5

  Incl. Subsidiaries'           -        -       -   910.4   626.8    466.8

shares

        Affiliated           17.8     15.5    18.6    13.6     7.5      8.1

companies' shares

        Other                33.1     24.3    72.6    12.5    14.2     13.5

Securities purchased      1,350.4    121.8    89.3 1,282.0   188.8     80.1

under resale agreements

Loans                   24,854.3 19,461.8 17,943.5 18,189.3 13,962.2 12,718.4

  - Allowances for credit  -723.8   -646.9  -695.7  -283.8  -323.8   -338.0

losses

Net loans               24,130.5 18,814.9 17,247.8 17,905.5 13,638.4 12,380.4

Tangible assets           1,308.7  1,178.5   998.3   549.2   654.0    535.0

Intangible assets           489.1    522.8   572.1   404.2   530.1    581.3

Prepayments and accrued   2,090.8  1,481.3 1,152.2   471.9   510.9    371.1

interest

Other assets                458.5    376.4   483.3   226.5   218.2    288.2

Total assets            43,894.7 34,251.3 31,051.9 30,991.3 25,805.8 23,345.9

                                                                           

Liabilities                                                                

Due to Central Bank and     188.7    172.5   246.0   151.1   162.3    175.6

government

Due to other financial    4,036.8  5,144.1 4,903.2 2,098.5 2,709.3  2,565.6

institutions

Deposits                28,499.7 19,783.1 17,604.9 19,964.0 15,377.6 14,114.0

   Demand deposits      18,518.8 13,493.0 12,448.1 13,370.2 10,581.6 9,877.4

   Time deposits          9,980.9  6,290.0 5,156.8 6,593.8 4,796.0  4,236.6

Securities sold under         1.1    509.2    19.6   163.8   509.2     19.6

repurchase agreements

Debt securities issued to 3,013.9  1,268.3 1,333.8 2,671.4   700.4    718.5

the public

Accrued liabilities       1,220.0  1,036.9   858.4   437.9   375.0    303.9

Appropriations              326.8    230.9   307.8    42.8       -     86.1

Other liabilities           627.6    665.3   538.6   485.4   882.8    468.3

Total liabilities       37,914.6 28,810.3 25,812.3 26,014.9 20,716.7 18,451.6

Minority ownership           24.5     21.8    18.9                         

                                                                           

Subordinated liabilities    400.0    469.8   466.1   316.9   396.9    396.9

Shareholders' equity                                                       

Common stock                787.6    787.6   787.6   787.6   787.6    787.6

Share premium             2,758.9  2,757.1 2,757.1 2,758.6 2,756.8  2,756.8

Treasury stock              -67.3   -122.2   -61.1   -63.0       -        -

Reserves                    438.1    436.4   354.2   420.5   347.1    347.1

Other restricted equity     100.5     20.5    20.5       -       -        -

Currency translation        126.8     38.3    10.5       -       -        -

reserve

Retained earnings         1,411.0  1,031.6   885.7   755.8   800.6    605.8

Total shareholders'       5,555.6  4,949.4 4,754.6 4,659.5 4,692.2  4,497.3

equity

Total liabilities and   43,894.7 34,251.3 31,051.9 30,991.3 25,805.8 23,345.9

shareholders' equity





Mart Tõevere

Head of Investor Relations

+372 6131 569