SAMPO PANK

INCOME STATEMENT



CONSOLIDATED INCOME STATEMENT OF SAMPO BANK GROUP 2000



Unaudited

th. EEK

                                                 2000    1999 Q4 2000 Q4 1999



1.Interest revenue                            250 425 229 234  72 123  52 557

1a.Interest revenue from banking activities   205 294 195 036  57 366  49 341

1b.Interest revenue from leasing activities    45 131  33 491  14 757   8 500

1c.Other interest revenue                           0     707       0 - 5 284

2.Interest expense                            126 751 135 804  34 509  29 013

2a.Interest expense from banking activities   126 751 131 163  34 509  28 943

2b.Interest expense from leasing activities         0       0       0       0

2c.Other interest expense                           0   4 641       0      70

3.Net interest income (loss) (+/-)            123 674  93 430  37 614  23 544

4.Income and expenses from insurance act.-s         0       0       0       0

4a.Insurance premiums                               0       0       0       0

4b.Insurance compensations and change in

reserves                                            0       0       0       0

5.Income from securities                      - 1 536  14 592 - 3 212  -  931

6.Equity method gains (losses) (+/-)          - 1 141   1 692 - 1 141   2 450

7.Fees and commissions income                  53 841  43 500  14 485  12 774

7a.Fees and commissions revenue                74 693  58 610  21 726  18 159

7b.Fees and commissions expense                20 852  15 110   7 241   5 385

8.Net profit/loss on financial

  operations (+/-)                             51 451  82 666  12 648  20 375

9.General administrative expenses             131 274 123 239  38 335  45 959

9.a Salaries expense                           55 606  52 279  15 085  15 038

9.b Social security expense                    18 607  17 231   5 003   4 739

9.c Pension expenses (non-state)                    0       0       0       0

9.d Other administrative expenses              57 061  53 729  18 247  26 182

10.Value adjustments in tangible and

    intangible assets (+/-)                 - 132 088- 53 619- 93 648- 13 460

11.Value adjustments in respect of loans and

    off-balance sheet items (+/-)            - 34 847- 82 596- 11 815- 45 391

12.Value adjustments in respect of long-term

    investments (+/-)                         - 6 853 - 9 751 - 6 553  -  390

13.Other operating income                       1 819  12 908 - 1 008  16 560

13a.Other operating revenue                    13 887  24 383   2 804   8 101

13b.Other operating expenses                   12 068  11 475   3 812 - 8 459

14.Extraordinary income/expenses (+/-)              0       0       0       0

15.Profit/loss before taxation (+/-)         - 76 954- 20 417- 90 965- 30 428

16.Income tax expenses                              0   1 335       0   1 023

16a.Current period tax                              0       0       0  -  312

16b.Change in deferred income tax liability         0   1 335       0   1 335

17.Minority share of profits                        0 - 1 112     314  -  797

18.PROFIT (LOSS) FOR THE FINANCIAL YEAR (+/-)- 76 954- 20 640- 91 279- 30 654





Ruth Laidvee

Market Communications Director

+372 6 302 105