Ceska sporitelna will release Q1 2001 consolidated IAS results tomorrow morning, before the market opens. Our forecasts are presented below. CS did not report its Q1 results on the consolidated IAS basis last year; thus we cannot provide a y-to-y comparison. For Q1 2001, we forecast a net profit of CZK 461 mil. and an operating profit (excluding exceptional items) at CZK 1.52 bil. The operating figures should sustain their dynamism further this year (e.g., higher fees from basic operations have been effective since April 2001).
| (in CZK mil.)||Q1 2001E|
| Operating revenues||5,044|
|Operating expenses||- 3,529|
| Other results (exceptionals)||- 278|
| Profit before provisions||1,237|
| Net profit||461|