Pēd. atjaunots: 30.11.2024 18:11 (GMT+2)
Hansapank FINANCIAL RESULTS 08/22/2003
GROUP FINANCIAL RESULTS Q2 2003 2/2
COUNTRY-BASED BALANCE SHEET, 30.06.2003
(in millions of Estonia Latvia Lithuania Other* Elimi- Group
euros, unaudited) nations
Cash 48.0 44.9 51.6 - - 144.5
Due from Central 115.5 50.4 103.7 - - 269.6
Bank
Due from other 227.2 56.6 151.3 2.1 -24.3 412.9
financial
institutions
Treasury securities 8.7 116.3 188.7 - - 313.7
Trading securities 11.7 9.3 65.2 - - 86.2
Investment 34.5 5.8 118.9 - - 159.2
securities
Securities 201.5 20.2 21.3 - - 243.0
purchased under
resale agreements
Loans 1,964.3 821.6 815.6 108.2 -36.0 3,673.7
- Allowances for -30.8 -11.3 -11.6 -1.5 - -55.2
credit losses
Net loans 1,933.5 810.3 804.0 106.7 -36.0 3,618.5
Tangible assets 29.9 27.9 45.8 13.2 - 116.8
Intangible assets 4.4 3.3 15.2 - - 22.9
Prepayments and 100.8 22.3 31.5 51.1 -1.5 204.2
accrued interest
Other assets 43.6 19.2 5.7 19.8 -12.1 76.2
Total assets 2,759.3 1,186.5 1,602.9 192.9 -73.9 5,667.7
Due to Central Bank 11.8 - 0.8 - - 12.6
and government
Due to other 264.4 147.0 308.1 141.4 -29.1 395.9
financial
institutions
Deposits 1,899.6 802.9 1,113.4 - -15.5 3,800.4
Demand deposits 1,326.5 539.6 708.5 - -1.5 2,573.1
Time deposits 573.1 263.3 404.9 - -14.0 1,227.3
Securities sold 0.4 - - - - 0.4
under repurchase
agreements
Debt securities 480.2 23.2 - - -23.2 480.2
issued to the
public
Accrued liabilities 70.1 20.8 24.5 27.0 -5.1 137.3
Appropriations 38.4 4.4 0.8 0.2 - 43.8
Other liabilities 61.3 67.1 25.3 - -12.4 141.3
Minority ownership 0.8 0.1 0.9 2.9 - 4.7
Subordinated 40.8 10.5 - - -7.0 44.3
liabilities
Internal funding -397.2 -29.7 -32.4 5.0 18.4 -
adjustments
Shareholders' 288.7 140.2 161.5 16.4 - 606.8
equity
Total liabilities 2,759.3 1,186.5 1,602.9 192.9 -73.9 5,667.7
and shareholders'
equity
*Others include the Russian and Ukrainian leasing portfolios and non-
core activities
COUNTRY-BASED INCOME STATEMENT, Q2 2003
(in millions of euros, Estonia Latvia Lithua Other* Elimi- Group
unaudited) nia nations
Interest income 45.4 16.0 16.7 2.3 -1.7 78.7
Interest expense -15.9 -5.4 -5.9 -1.2 1.7 -26.7
Interest income, net 29.5 10.6 10.8 1.1 - 52.0
Fee and commission income 16.2 7.2 7.1 2.8 -0.2 33.1
Fee and commission expense -3.5 -1.6 -1.5 -0.1 0.1 -6.6
Fees and commissions, net 12.7 5.6 5.6 2.7 -0.1 26.5
Net result from financial 4.2 3.0 3.7 0.1 - 11.0
operations
Net income from insurance 0.4 - - - - 0.4
activities
Other income 1.1 1.2 1.0 1.2 -0.3 4.2
Total income 47.9 20.4 21.1 5.1 -0.4 94.1
Operating expenses
Personnel expenses 9.6 4.3 6.0 1.1 -0.1 20.9
Data network expenses 2.1 0.4 1.1 - - 3.6
Administrative expenses 3.2 2.5 2.5 0.4 -0.4 8.2
Other expenses 2.2 1.8 2.4 0.4 - 6.8
incl. goodwill 0.1 0.3 1.2 - - 1.6
amortisation
Depreciation 1.9 1.8 1.9 0.3 - 5.9
Group overhead adjustment -2.0 0.8 1.1 0.1 - -
Total operating expenses 17.0 11.6 15.0 2.3 -0.5 45.4
Operating profit before 30.9 8.8 6.1 2.8 0.1 48.7
provisions
Losses on loans and -4.1 -3.3 -2.2 -0.2 - -9.8
guarantees
Recovered loans 0.6 0.2 1.0 0.1 - 1.9
Profit from associates 0.1 - - - - 0.1
under the equity method
Profit before income tax 27.5 5.7 4.9 2.7 0.1 40.9
Income tax -10.2 -1.3 - -0.1 - -11.6
Profit after income tax 17.3 4.4 4.9 2.6 0.1 29.3
Minority interest - - -0.1 -0.2 - -0.3
Net profit 17.3 4.4 4.8 2.4 0.1 29.0
*Others include the Russian and Ukrainian leasing portfolios and non-
core activities
COUNTRY-BASED BALANCE SHEET - ESTONIA
(in millions of euros, 30.06.03 31.03.03 30.06.02 31.03.02
unaudited)
Cash 48.0 41.5 46.8 45.5
Due from Central Bank 115.5 184.3 64.4 128.7
Due from other financial 227.2 336.5 213.8 279.0
institutions
Treasury securities 8.7 9.2 68.4 64.3
Trading securities 11.7 14.1 9.8 6.8
Investment securities 34.5 30.4 35.5 45.7
Securities purchased under 201.5 322.1 157.0 142.1
resale agreements
Loans 1,964.3 1,872.7 1,600.0 1,511.1
- Allowances for credit -30.8 -29.2 -25.2 -24.7
losses
Net loans 1,933.5 1,843.5 1,574.8 1,486.4
Tangible assets 29.9 31.0 38.2 44.5
Intangible assets 4.4 3.5 4.6 8.3
Prepayments and accrued 100.8 83.6 98.8 87.8
interest
Other assets 43.6 44.2 78.3 28.1
Total assets 2,759.3 2,943.9 2,390.4 2,367.2
Due to Central Bank and 11.8 12.6 6.3 6.3
government
Due to other financial 264.4 181.1 118.7 193.3
institutions
Deposits 1,899.6 1,880.1 1,674.3 1,593.4
Demand deposits 1,326.5 1,264.8 1,171.1 1,067.9
Time deposits 573.1 615.3 503.2 525.5
Securities sold under 0.4 - - 0.1
repurchase agreements
Debt securities issued to the 480.2 662.3 308.0 276.0
public
Accrued liabilities 70.1 75.9 71.1 75.1
Appropriations 38.4 35.3 29.5 28.6
Other liabilities 61.3 57.6 87.3 68.6
Minority ownership 0.8 0.2 0.2 0.2
Subordinated liabilities 40.8 40.9 40.9 40.8
Internal funding adjustments -397.2 -291.7 -193.2 -154.9
Shareholders' equity 288.7 289.6 247.3 239.7
Total liabilities and 2,759.3 2,943.9 2,390.4 2,367.2
shareholders' equity
COUNTRY-BASED INCOME STATEMENT - ESTONIA
(in millions of euros, Q2 2003 Q1 2003 Q2 2002 Q1 2002
unaudited)
Interest income 45.4 46.0 43.6 42.1
Interest expense -15.9 -17.6 -16.1 -16.0
Interest income, net 29.5 28.4 27.5 26.1
Fee and commission income 16.2 13.9 14.7 12.5
Fee and commission expense -3.5 -3.3 -3.9 -3.1
Fees and commissions, net 12.7 10.6 10.8 9.4
Net result from financial 4.2 3.1 2.6 3.5
operations
Net income from insurance 0.4 0.6 0.5 0.4
activities
Other income 1.1 0.8 1.4 1.0
Total income 47.9 43.5 42.8 40.4
Operating expenses
Personnel expenses 9.6 9.1 10.3 9.6
Data network expenses 2.1 1.8 1.8 1.8
Administrative expenses 3.2 3.1 3.4 3.4
Other expenses 2.2 1.4 5.4 5.4
incl. goodwill amortisation 0.1 0.0 3.3 3.3
Depreciation 1.9 2.2 2.7 2.8
Group overhead adjustment -2.0 -2.0 -1.9 -2.0
Total operating expenses 17.0 15.6 21.7 21.0
Operating profit before 30.9 27.9 21.1 19.5
provisions
Losses on loans and -4.1 -3.8 -2.4 -2.7
guarantees
Recovered loans 0.6 0.9 1.8 1.7
Profit from associates under 0.1 - -
the equity method -
Profit before income tax 27.5 25.0 20.5 18.5
Income tax -10.2 -0.8 -3.2 -
Profit after income tax 17.3 24.2 17.3 18.5
Minority interest - - -0.1 -
Net profit 17.3 24.2 17.2 18.5
COUNTRY-BASED BALANCE SHEET - LATVIA
(in millions of euros, 30.06.03 31.03.03 30.06.02 31.03.02
unaudited)
Cash 44.9 41.9 40.2 38.9
Due from Central Bank 50.4 28.4 26.6 72.8
Due from other financial 56.6 80.6 98.4 140.7
institutions
Treasury securities 116.3 117.6 133.6 114.9
Trading securities 9.3 7.6 9.3 7.9
Investment securities 5.8 5.8 14.9 15.7
Securities purchased under 20.2 23.1 15.8 11.5
resale agreements
Loans 821.6 793.8 628.2 619.3
- Allowances for credit -11.3 -11.0 -7.6 -8.8
losses
Net loans 810.3 782.8 620.6 610.5
Tangible assets 27.9 27.4 25.8 28.6
Intangible assets 3.3 3.7 5.2 5.9
Prepayments and accrued 22.3 22.3 32.5 30.8
interest
Other assets 19.2 8.6 16.3 11.0
Total assets 1,186.5 1,149.8 1,039.2 1,089.2
Due to Central Bank and - - - -
government
Due to other financial 147.0 104.1 63.4 45.2
institutions
Deposits 802.9 806.5 791.7 868.2
Demand deposits 539.6 520.7 510.5 522.6
Time deposits 263.3 285.8 281.2 345.6
Securities sold under - - 1.6 3.6
repurchase agreements
Debt securities issued to the 23.2 24.0 - -
public
Accrued liabilities 20.8 20.5 18.2 19.5
Appropriations 4.4 4.4 4.5 4.5
Other liabilities 67.1 70.7 48.7 43.4
Minority ownership 0.1 0.1 0.1 0.1
Subordinated liabilities 10.5 10.7 11.7 12.5
Internal funding adjustments -29.7 -31.3 -16.1 -26.5
Shareholders' equity 140.2 140.1 115.4 118.7
Total liabilities and 1,186.5 1,149.8 1,039.2 1,089.2
shareholders' equity
COUNTRY-BASED INCOME STATEMENT - LATVIA
(in millions of euros, Q2 2003 Q1 2003 Q2 2002 Q1 2002
unaudited)
Interest income 16.0 16.0 16.4 16.5
Interest expense -5.4 -5.2 -6.0 -6.6
Interest income, net 10.6 10.8 10.4 9.9
Fee and commission income 7.2 6.2 6.0 5.5
Fee and commission expense -1.6 -1.5 -1.4 -1.1
Fees and commissions, net 5.6 4.7 4.6 4.3
Net result from financial 3.0 2.5 1.5 2.4
operations
Net income from insurance - 0.0 - -
activities
Other income 1.2 0.7 0.2 0.6
Total income 20.4 18.7 16.7 17.2
Operating expenses
Personnel expenses 4.3 4.2 3.7 4.3
Data network expenses 0.4 0.4 0.6 0.4
Administrative expenses 2.5 2.5 2.4 2.6
Other expenses 1.8 1.6 1.5 1.5
incl. goodwill amortisation 0.3 0.3 0.3 0.4
Depreciation 1.8 1.8 1.8 1.9
Group overhead expenses 0.8 0.7 0.6 0.6
Total operating expenses 11.6 11.2 10.7 11.4
Operating profit before 8.8 7.5 6.1 5.8
provisions
Losses on loans and -3.3 -3.2 -2.3 -2.3
guarantees
Recovered loans 0.2 0.3 0.6 0.2
Profit from associates under - - - -
the equity method
Profit before income tax 5.7 4.6 4.4 3.7
Income tax -1.3 -0.2 -0.9 -0.7
Profit after income tax 4.4 4.3 3.5 3.0
Minority interest - - - -
Net profit 4.4 4.3 3.5 3.0
COUNTRY-BASED BALANCE SHEET - LITHUANIA
(in millions of euros, 30.06.03 31.03.03 30.06.02 31.03.02
unaudited)
Cash 51.6 47.0 43.4 47.4
Due from Central Bank 103.7 100.3 58.4 84.2
Due from other financial 151.3 76.3 83.5 114.0
institutions
Treasury securities 188.7 176.4 199.8 165.1
Trading securities 65.2 76.4 36.3 13.5
Investment securities 118.9 174.1 261.9 279.1
Securities purchased under 21.3 33.9 - 0.2
resale agreements
Loans 815.6 748.5 562.3 545.0
- Allowances for credit -11.6 -11.1 -11.2 -14.7
losses
Net loans 804.0 737.4 551.1 530.3
Tangible assets 45.8 47.9 54.8 56.0
Intangible assets 15.2 16.4 20.1 21.3
Prepayments and accrued 31.5 29.0 28.2 31.6
interest
Other assets 5.7 5.6 7.1 7.1
Total assets 1,602.9 1,520.7 1,344.6 1,349.8
Due to Central Bank and 0.8 0.8 0.3 0.4
government
Due to other financial 308.1 253.5 206.7 172.4
institutions
Deposits 1,113.4 1,060.2 960.1 989.2
Demand deposits 708.5 643.8 528.0 520.1
Time deposits 404.9 416.4 432.1 469.1
Securities sold under - - - -
repurchase agreements
Debt securities issued to the - - - -
public
Accrued liabilities 24.5 22.5 23.8 19.7
Appropriations 0.8 0.7 0.7 0.8
Other liabilities 25.3 35.3 14.9 32.7
Minority ownership 0.9 0.8 0.7 0.7
Subordinated liabilities - - - -
Internal funding adjustments -32.4 -14.5 -3.0 -8.1
Shareholders' equity 161.5 161.4 140.4 142.0
Total liabilities and 1,602.9 1,520.7 1,344.6 1,349.8
shareholders' equity
COUNTRY-BASED INCOME STATEMENT - LITHUANIA
(in millions of euros, Q2 2003 Q1 2003 Q2 2002 Q1 2002
unaudited)
Interest income 16.7 17.6 18.5 18.5
Interest expense -5.9 -6.4 -7.2 -7.6
Interest income, net 10.8 11.2 11.3 10.9
Fee and commission income 7.1 6.7 5.8 5.5
Fee and commission expense -1.5 -1.4 -2.0 -1.8
Fees and commissions, net 5.6 5.3 3.8 3.7
Net result from financial 3.7 2.3 2.1 2.0
operations
Net income from insurance - 0.0 - -
activities
Other income 1.0 0.4 0.6 1.5
Total income 21.1 19.2 17.8 18.1
Operating expenses
Personnel expenses 6.0 6.3 7.8 9.5
Data network expenses 1.1 1.2 1.0 0.8
Administrative expenses 2.5 2.7 2.3 2.4
Other expenses 2.4 2.2 3.0 2.8
incl. goodwill amortisation 1.2 1.2 1.2 1.2
Depreciation 1.9 1.8 1.9 1.6
Group overhead expenses 1.1 1.2 1.2 1.2
Total operating expenses 15.0 15.5 17.2 18.3
Operating profit before 6.1 3.7 0.6 -0.2
provisions
Losses on loans and -2.2 -0.9 1.1 -
guarantees
Recovered loans 1.0 2.0 2.8 2.7
Profit from associates under - - - -
the equity method
Profit before income tax 4.9 4.8 4.5 2.5
Income tax - -0.1 -0.1 -0.2
Profit after income tax 4.9 4.7 4.4 2.3
Minority interest -0.1 - - -
Net profit 4.8 4.7 4.4 2.3
Mart Tõevere
Head of investor relations
+372 6131 569
Lapas karte