Annual Reports

1997

The authenticity of facts included in the Annual Report and Profit and Loss account of the Bank for 1997 is confirmed by company of auditors "Auditel" (statement of auditors dated from 18.03.1998).

BALANCE SHEET

on January 1, 1998 (denomination is taking into account)

K-office

ASSETS thousand roubles

1. Funds & precious metals 3727,9

2. Funds on correspondent accounts with other banks 20539,5

3. Obligatory provision -

4. Credits & deposits to other banks 55392,5

including:
- overdue & bad debts 3000,0

5. Credits to customers 662947,1

including:
- overdue & bad debts 57621,8

6. Securities 87281,4

7. Long - terms financial investments 160,6

8. Fixed and intangible assets (less depreciation) 36860,1

9. Other assets 152307,1

Total assets 1019216,2

LIABILITIES thousand roubles

1. Bank funds on correspondent accounts -

2. Credits & deposits from other banks (including the National Bank) 389322,3

3. Customer accounts 195118,9

4. Debt liabilities of the bank -

5. Other liabilities 157203,3

6. Equity & reserves 277571,7

including:
- statutory capital 239334,0

- bank's funds 6157,5

- revaluation fund 20473,6

- retained profit (loss) 3586,6

- other funds 8020,0

Total liabilities 1019216,2

PROFIT & LOSS ACCOUNT

on January 1, 1998 (denomination is taking into account)

BANK'S REVENUES thousand roubles

1. Interest income 86996,3

2. Commissions revenues 27881,0

3. Other bank revenues 10215,9

4. Decrease of provision, sums of income for the earlier paid debts 1707,5

5. Contingent income -

6. Other operational income 3049,1

including:
- other operational 3049,1

Total revenues 129849,8

BANK'S EXPENSES thousand roubles

1. Interest expenses 50478,1

2. Commissions expenses 2044,6

3. Other bank expenses (потери) 15977,9

4. Allocation to provision 10197,2

5. Contingent expenses (loss) -

6. Other expenses 47565,4

including:
- other operational 47461,3

Total expenses 126263,2

PROFIT: 3586,6

1998

The authenticity of facts included in the Annual Report and Profit and Loss account of the Bank for 1998 is confirmed by company of auditors "Auditel" (statement of auditors dated from 02.03.1999) and company of auditors "Deloitte & Touche" (independent auditor` s statement dated from 20.04.2000).

BALANCE SHEET

on January 1, 1999 (denomination is taking into account)

ASSETS thousand roubles

1. Funds & precious metals 39766,3

2. Funds on correspondent accounts with other banks 193919,5

3. Obligatory provision -

4. Credits & deposits to other banks 723492,4

including:
- overdue & bad debts 1710,3

5. Credits to customers 4295619,7

including:
- overdue & bad debts 437710,3

6. Securities 344359,4

7. Long - terms financial investments 437,1

8. Fixed and intangible assets (less depreciation) 68898,4

9. Other assets 1409818,6

Total assets 7076311,4

LIABILITIES thousand roubles

1. Bank funds on correspondent accounts -

2. Credits & deposits from other banks (including the National Bank) 3179277,4

3. Customer accounts 951768,0

4. Debt liabilities of the bank -

5. Other liabilities 1412638,0

6. Equity & reserves 1532628,0

including:
- statutory capital 1071334,0

- bank's funds 23473,9

- revaluation fund 20473,6

- retained profit (loss) 30806,5

- other funds 386540,0

Total liabilities 7076311,4

PROFIT & LOSS ACCOUNT

on January 1, 1999 (denomination is taking into account)

BANK'S REVENUES thousand roubles

1. Interest income 363847,8

2. Commissions revenues 68684,9

3. Other bank revenues 118389,0

4. Decrease of provision, sums of income for the earlier paid debts 8783,7

5. Contingent income -

6. Other 5211,3

including:
- operational income 5211,3

Total revenues 564916,7

BANK'S EXPENSES thousand roubles

1. Interest expenses 186154,1

2. Commissions expenses 6978,7

3. Other bank expenses 90210,4

4. Allocation to provision 103447,8

5. Contingent expenses (loss) -

6. Other 132154,2

including:
- operational expenses 132154,2

Total expenses 518945,2

PROFIT: 45971,5

1999

The authenticity of facts included in the Annual Report and Profit and Loss account of the Bank for 1999 is confirmed by company of auditors "Auditel" (statement of auditors dated from 17.03.2000) and company of auditors "Deloitte &Touche" (independent auditor` s statement dated from 20.04.2000).

BALANCE SHEET

on January 1, 2000 (denomination is taking into account)

ASSETS thousand roubles

1. Funds & precious metals 99485,7

2. Funds on correspondent accounts with other banks 845874,7

3. Obligatory provision -

4. Credits & deposits to other banks 1935209,4

including:
- overdue & bad debts -

5. Credits to customers 7663323,4

including:
- overdue & bad debts 40378,3

6. Securities 767269,2

7. Long - terms financial investments 9,3

8. Fixed and intangible assets (less depreciation) 729149,5

9. Other assets 3915372,3

Total assets 15955693,5

LIABILITIES thousand roubles

1. Bank funds on correspondent accounts -

2. Credits & deposits from other banks (including the National Bank) 3691646,5

3. Customer accounts 4639602,6

4. Debt obligations of the bank 11600,0

5. Other obligations 3802276,5

6. Equity & reserves 3810567,9

including:
- statutory capital 2371334,0

- bank's funds 173741,5

- revaluation fund 445109,4

- retained profit (loss) 233843,0

- other funds 586540,0

Total liabilities 15955693,5

PROFIT & LOSS ACCOUNT

on January 1, 2000 (denomination is taking into account)

BANK'S REVENUES thousand roubles

1. Interest income 3267744,3

2. Commissions revenues 521716,7

3. Income from securities 176830,4

4. Income on currency market, of precious metals 92577,3

5. Divident income -

6. Other bank revenues 173089,9

7. Decrease of provision 38505,3

8. Contingent income 210,1

9. Other operational income 9713,7

Total revenues 4280387,7

BANK'S EXPENSES thousand roubles

1. Interest expenses 2349881,6

2. Commissions expenses 36301,5

3. Expenses from securities 1011,7

4. Expenses on currency market, of precious metals 267728,9

5. Other bank expenses 31508,2

6. Other operational expenses 826364,6

7. Allocation to provision 372318,9

8. Contingent expenses (loss) -

9. Profit tax 41968,3

Total expenses 3927083,7

PROFIT: 353304,0

2000

BALANCE SHEET

on January 1, 2001

ASSETS million roubles

1. Funds & precious metals 602.1

2. Funds on correspondent accounts with other banks (including the National Bank) 3508.5

3. Obligatory provision -

4. Credits & deposits to other banks 3515.8

including:
- overdue & bad debts -

5. Credits to customers 28952.9

including:
- overdue & bad debts 70.3

6. Other requests 290.4

7. Securities 4182.1

8. Long - terms financial investments -

9. Fixed and intangible assets (less depreciation) 2202.7

10. Other assets 7727.5

Total assets 50982.0

LIABILITIES million roubles

1. Bank funds on correspondent accounts -

2. Credits & deposits from other banks (including the National Bank) 6754.7

3. Customer accounts 14850.7

4. Other obligations 3.3

5. Debt obligations of the bank 565.9

6. Other liabilities 7896.2

7. Equity & reserves 20911.2

including:
- statutory capital 16391.7

- bank's funds 893.1

- revaluation fund 1615.1

- retained profit (loss) 623.3

- other funds 1388.0

Total liabilities 50982.0

PROFIT & LOSS ACCOUNT

On January 1, 2001

BANK'S REVENUES million roubles

1. Interest income 7823.8

2. Commissions revenues 701.9

3. Income from securities 2141.4

4. Income on currency market, of precious metals 274.8

5. Divident income -

6. Other bank revenues 797.2

7. Decrease of provision 16.7

8. Contingent income 0.2

9. Other operational income 23.7

Total revenues 11779.7

BANK'S EXPENSES million roubles

1. Interest expenses 7160.2

2. Commissions expenses 108.4

3. Expenses from securities 3.7

4. Expenses on currency market, of precious metals 78.7

5. Other bank expenses 70.3

6. Other operational expenses 2686.0

7. Allocation to provision 282.6

8. Contingent expenses (loss) -

9. Profit tax 139.6

Total expenses 10529.5

PROFIT: 1250.2