Annual Report 1994. Profit and Loss Account of Eesti Pank for the Year Ended 31 December 1994

 
PROFIT AND LOSS ACCOUNT OF EESTI PANK FOR THE YEAR ENDED 31 DECEMBER 1994

 

1994

1993
(Restated)

Foreign

 

 

Interest and similar income

335,135,661.64

  275,671,997.18

Interest and similar expense

-88,355,677.10

-24,207,731.52

Foreign net interest income and similar items

246,779,984.54

251,464,265.66

Domestic

 

 

Interest and similar income

22,209,776.72

28,140,116.51

Interest and similar expense

-19,982,292.43

-37,159,580.32

Domestic net interest income/(expense) and similar items

2,227,484.29

-9,019,463.81

Profit from the sale of gold

-

19,517,714.55

Other operating income

595,163.49

2,401,934.92

Other operating expenses

-121,097,610.77

-91,273,262.74

   staff costs

-33,492,639.34

-24,545,160.72

   costs of making money

-36,894,186.37

-19,221,050.70

   depreciation

-10,506,143.38

-4,854,006.64

   renovation costs

-21,184,285.53

-25,027,822.81

   general administration costs

-18,807,664.29

-17,213,303.00

   other costs

-212,691.86

-411,918.87

Profit before provisions for bad and doubtful loans and exceptional items

128,505,021.56

173,091,188.58

Provision for bad and doubtful debts

-317,511,921.73

-69,340,342.04

Exceptional items

18,854,845.66

-7,154,757.52

(Loss)/profit for the year

  -170,152,054.52

  96,596,089.02