	bank of b c revises share payout estimate bank of british columbia said it revised its estimate of shareholder distributions from last november s sale of most of the bank s assets to hongkong bank of canada to between cts and dlrs a share from cts to dlrs a share the bank said the estimate could rise to between dlrs and dlrs a share if the full pension surplus is obtained it said it did not know when distributions would be made it earlier reported that operating profit for first quarter ended january fell to dlrs from mln dlrs the previous year for full year ended october the bank posted an operating loss of mln dlrs against year earlier profit of mln dlrs the bank also posted a mln dlr extraordinary loss in fiscal bank of british columbia sold most of its assets last november to hongkong bank canada a unit of hongkong and shanghai banking corp of hong kong for mln dlrs it said efforts to wind up the bank s affairs were proceeding as quickly as possible the bank said it expected to report positive ings in future periods barring unforeseen circumstances loan losses which the bank previously said figured in its move to sell off most of its assets rose to mln dlrs in fiscal from year earlier mln dlrs the bank said mln dlrs of the total represented downward adjustments to its portfolio of syndicated sovereign risk loans as required under the sale to hongkong bank since november the bank has confined activities to the winding up of affairs bank of british columbia said reuter 
