Statement of Changes in Equity for the Year 1997 and 1998 (EEK thousand)

  Statutory and
reserve capital		 Special
reserve		 Revaluation
reserve		 Translation
reserve		 Net profit for
the period		 Total
Balance at 31 December 1996 200,000 924,367 28,761 -13,882 186,634 1,325,880
Revaluation of properties     -627     -627
Revaluation of investments     5,794     5,794
Transfers   224 -224     0
Currency translation differences       128 324   128 324
Net gains and losses not recognised in
the income statement		 0 224 4,943 128,324 0 133,491
Appropriation of 1996 profit 74,000 82,000     -156,000 0
Transfer to the State budget         -30,634 -30,634
Net profit for the period         452,364 452,364
 
Balance at 31 December 1997 274,000 1,006,591 33,704 114,442 452,364 1,881,101
Revaluation of properties           0
Revaluation of investments     -6,109     -6,109
Transfers   128 -128     0
Currency translation differences       -50,538   -50,538
Net gains and losses not recognised in
the income statement		 0 128 -6,237 -50,538 0 -56,647
Appropriation of 1997 profit 170,000 192,364     -362,364 0
Transfer to the State budget         -90,000 -90,000
Net profit for the period         542,023 542,023
 
Balance at 31 December 1998 444,000 1,199,083 27,467 63,904 542,023 2,276,477