Hüvitusfond                   FINANCIAL RESULTS                 03/05/2002



UNAUDITED FINANCIAL RESULTS 2001



Unaudited profit before new obligation issues was 63,2 million kroons 

(4 million EUR) in 2001 compared to the previous year’s profit before 

new obligation issues of 66,5 million kroons (4,2 million EUR). 



In 2001 Compensation Fund earned interest income 101,3 million kroons 

(6,5 million EUR). Interest income from bonds accounted for more than 

a half of all interest income. Interest expense was 22,4 million kroons 

(1,4 million EUR), most of it was interest on issued obligations to the 

public. Net interest income in 2001 was 78,9 million kroons (5 million 

EUR) compared to 87 million kroons (5,5 million EUR) in year 2000. 



Profit from trading securities was 8,2 million kroons (0,5 million EUR) 

in 2001 compared to 20 million kroons (1,2 million EUR) in 2000. Profit 

from investment securities was 7,9 million kroons (0,5 million EUR) in 

2001 compared to 0,1 million kroons (0,008 million EUR) in 2000. 



Loss from subsidiaries amounted to 19 million kroons (1,2 million EUR) 

in 2001 compared to 28 million kroons (1,8 million EUR) in 2000. 



In 2001 the Fund redeemed its obligations in the sum of 182 million 

kroons (11,634 million EUR). 



Fund’s operating profit in 2001 was 82,6 million kroons (5,3 million EUR) 

compared to 90,3 million kroons (5,8 million EUR) in 2000. Profit before 

obligation issues was 63,2 million kroons (4 million EUR) compared to 

66,5 million kroons (4,2 million EUR) in 2000.





Jaanus Kosemaa

head of public realtions

6651800, 05104614