Balance Sheet INTERBANK BURUNDI s.a. as at December 31st, 2001 compared with December 31st, 2000

ASSETS 31.12.2000 31.12.2001 1. Available and Realizable 4,159,516,922 3,757,950,891 Cash - Central Bank - CCP 619,995,991 1,057,703,206 Banks 3,075,818,956 2,434,403,984 Call money (lendings) 0 0 Other short-term assets 463,701,975 265,843,701 2. Loans and advances 21,937,523,780 25,313,259,900 Current account debtors 15,216,784,714 18,098,052,639 Coffee loans 1,217,941,495 826,924,939 Rice loans 205,469,894 202,128,903 Bills and commitments 5,297,327,677 6,186,153,419 3. Portfolio 0 777,143,499 Treasury certificates 0 777,143,499 4. Sundry assets 3,810,386,749 5,334,218,400 5. Investments 96,303,680 96,303,680 Share capital 96,303,680 96,303,680 6. Fixed assets 2,346,914,824 2,978,313,534 Land 123,750,000 140,834,500 Premises 1,511,043,881 1,839,982,976 Equipment and furniture 630,332,304 920,357,790 Start-up costs 81,788,639 77,138,268 TOTAL ASSETS 32,350,645,955 38,257,189,904

LIABILITIES 31.12.2000 31.12.2001 1. Short-term liabilities 4,980,893,183 5,904,109,668 Preferential creditors 1,260,417,960 1,122,961,037 Banks 394,160,277 966,552,526 Refinancing from the Central Bank 2,962,124,870 3,568,864,390 Other short-term liabilities 364,190,076 245,731,715 2. Deposits 20,993,046,885 24,714,057,028 At sight deposits 15,812,150,683 19,039,865,000 Term deposits 4,153,545,719 4,414,562,245 Savings deposits 697,350,483 762,629,783 Cash vouchers 330,000,000 497,000,000 3.Sundry liabilities 2,356,474,088 2,909,683,254 4. Capital and reserves 2,729,500,000 3,656,500,000 Capital 330,000,000 330,000,000 Legal reserve 30,000,000 33,000,000 Available reserve 358,500,000 358,500,000 General provision for risks 2,011,000,000 2,935,000,000 5. Results 1,290,731,799 1,072,839,954 Profit carried forward 149,471 731,799 Net profit 1,290,582,328 1,072,108,155 TOTAL LIABILITIES 32,350,645,955 38,257,189,904

 

INTERBANK Profit and Loss Account

DEBIT 31.12.2000 31.12.2001 1. Interests paid 1,758,255,973 1,826,236,303 2. Staff expenses 667,094,584 762,133,921 3. Other operating expenses 893,805,338 1,080,150,725 4. Corporate and other taxes 1,169,101,156 1,108,058,330 5. Depreciation 171,871,357 246,880,341 6. Provision for credit losses 73,445,828 116,672,902 7. Net income 1,290,582,328 1,072,108,155 TOTAL 6,024,156,564 6,212,240,677

CREDIT 31.12.2000 31.12.2001 1. Interests and commissions on loans 3,971,435,214 4,562,087,709 2.Revenues from operations 1,340,740,174 1,062,301,520 3. Revenues from portfolio 266,025,966 67,957,104 4. Other revenues 445,955,210 519,894,344 TOTAL 6,024,156,564 6,212,240,677

INVESTIMMO's Balance Sheet as at December 31st, 2001

ASSETS 31.12.2000 31.12.2001 I. FIXED ASSETS 619,488,159 636,204,527 Premises 573,402,059 591,241,617 Equipment 4,682,349 3,662,240 Down payment on building under construction 41,300,670 41,300,670 Carpet 103,081 0 II. REALIZABLE & AVAILABLE 37,368,689 45,456,674 Debtors 15,135,151 35,943,951 Prepaid taxes 22,233,538 9,512,723 Banks 0 0 TOTAL ASSETS 656,856,848 681,661,201

LIABILITIES 31.12.2000 31.12.2001 I.CAPITAL & RESULTS 191,518,775 240,418,716 Capital 10,000,000 10,000,000 Legal reserves 1,000,000 1,000,000 Profit carried forward 141,278,794 180,518,775 Profit 39,239,981 48,899,941 II. SHORT & MID-TERM LIABILITIES 465,338,073 441,242,485 Banks 406,282,029 378,124,648 Rental deposits 3,796,444 3,796,444 Corporate and other taxes 55,259,600 59,321,393 TOTAL LIABILITIES 656,856,848 681,661,201

INVESTIMMO: Profit as at December 31st, 2001

OPERATING RESULT (BIF)
Materials and supplies used	318,764	Rent collected	166,872,425
Other services used	3,439,900
Various expenses and losses	1,374,043
Personnel costs	1,653,699
Sundry taxes	81,934
Bank interests and commissions	56,955,152
Depreciation	21,549,031
Operating result	81,499,902
TOTAL	166,872,425	TOTAL	166,872,425
NET RESULT (BIF)
Corporate tax	32,599,961	Operating result	81,499,902
Net result	48,899,941
TOTAL	81,499,902	TOTAL	81,499,902