HANSAPANK

BALANCE SHEET



CONSOLIDATED UNAUDITED BALANCE SHEET, 30.09.2001



(in millions, unaudited)

                                   EEK                     EUR        

                     30.09.01 31.12.00 30.09.00 30.09.01 31.12.00 30.09.00

Assets                                                                 

Cash                     1750.1  1374.4  1091.2   111.9    87.8    69.7

Due from Central Bank    2936.8  3961.2  3155.4   187.7   253.2   201.7

Due from other           9052.1  1836.4  4559.3   578.5   117.4   291.4

financial institutions

Treasury securities      4854.2  4444.2  3575.3   310.2   284.0   228.5

Trading securities        369.3   335.6   329.4    23.6    21.4    21.1

Investment securities    4985.5  1181.6  1356.1   318.6    75.5    86.7

Securities purchased     2092.4  1158.7  1350.4   133.7    74.1    86.3

under resale agreements

Loans                   36191.0 27561.5 24854.3  2313.0  1761.5  1588.5

  - Allowances for       -849.3  -674.6  -723.8   -54.3   -43.1   -46.3

credit losses

Net loans               35341.7 26886.9 24130.5  2258.7  1718.4  1542.2

Tangible assets          2054.6  1275.6  1308.6   131.3    81.5    83.6

Intangible assets         640.3   420.7   489.1    40.9    26.9    31.3

Prepayments and accrued  2675.3  2228.4  2090.9   171.0   142.4   133.6

interest

Other assets              602.5   491.8   458.5    38.5    31.4    29.3

Total assets            67354.8 45595.5 43894.7  4304.7  2914.0  2805.4

                                                                       

Liabilities                                                            

Due to Central Bank and   120.7   140.8   188.7     7.7     9.0    12.1

government

Due to other financial   4624.3  3923.0  4036.8   295.5   250.7   258.0

institutions

Deposits                47189.4 29226.6 28499.7  3015.9  1867.9  1821.5

   Demand deposits      29345.4 18574.8 18518.8  1875.5  1187.1  1183.6

   Time deposits        17844.0 10651.8  9980.9  1140.4   680.8   637.9

Securities sold under      27.6       -     1.1     1.8       -     0.1

repurchase agreements

Debt securities issued   3826.7  2993.8  3013.9   244.6   191.3   192.6

to the public

Accrued liabilities      1670.8  1346.0  1220.0   106.8    86.0    78.0

Appropriations            435.4   397.2   315.1    27.8    25.4    20.1

Deferred tax liability      6.8     7.3    11.7     0.4     0.5     0.7

Other liabilities        1603.0  1411.9   627.6   102.5    90.3    40.1

Total liabilities       59504.7 39446.6 37914.6  3803.0  2521.1  2423.2

Minority ownership         15.1    24.2    24.5     1.0     1.5     1.6

                                                                       

Subordinated              739.4   366.9   400.0    47.3    23.4    25.6

liabilities

Shareholders' equity                                                   

Common stock              788.6   787.6   787.6    50.4    50.3    50.3

Share premium            2761.4  2757.7  2758.9   176.5   176.2   176.3

Treasury stock            -47.6  -128.5   -67.3    -3.0    -8.2    -4.3

Reserves                  450.9   440.5   438.1    28.8    28.2    28.0

Other restricted equity   100.5   100.5   100.5     6.4     6.4     6.4

Currency translation       26.2    36.7   126.8     1.7     2.3     8.1

reserve

Retained earnings        3015.6  1763.3  1411.0   192.7   112.8    90.2

Total shareholders'      7095.6  5757.8  5555.6   453.5   368.0   355.0

equity

Total liabilities and   67354.8 45595.5 43894.7  4304.7  2914.0  2805.4

shareholders' equity





Mart Tõevere

Head of investor relations

+372 6131 569