| Sources and presentation of data |
| A. Sources of data |
| The data in this volume are based mainly on returns of the banking corporations to the Supervisor of Banks. Additional information is drawn from the Bank of Israel’s Regulations, while data on price indices comes from the Central Bureau of Statistics. Unless stated otherwise, most balance-sheet data relating to the banking system in Israel are derived from monthly balance-sheets. Information is also drawn from the banking corporations’ published annual statements. Unless stated otherwise, the source of the figures for each year is the last annual statement in which they appear. |
| |
|
|
| B. Presentation of the data |
| 1. |
Unless stated otherwise, all data are in nis. |
| 2. |
Unless otherwise specified, data refer to the entire banking system; they are based on data for individual banking corporations, and are not consolidated. |
| 3. |
Nonconsolidated data for banking corporations whose source is published annual statements, or reports to the Supervisor of Banks on profit and loss statements and on overseas offices, incorporate data for overseas offices. |
| 4. |
Data in the tables are presented on one of the following bases, specified in the caption to each table: |
| |
a. |
Adjusted to December 2003 prices-in accordance with Accounting Regulations Nos. 12 and 17, the adjustment of financial statements ended on 1 January 2004. Hence data for 2004 are shown as amounts reported. |
| Amount reported: The amount adjusted to the transition date, plus nominal amounts added after the transition date, minus amounts deducted after the transition date (31 December 2003). |
| Comparative balance-sheet data for the years 2000–2003 and comparative data of the Profit and Loss Account for the years 2000–2003 are shown adjusted by the December 2003 CPI. |
| Comparative data for the 2003 Profit and Loss Account: |
| |
|
i |
The items in the Profit and Loss Account up to Ordinary Before-Tax Profits are shown adjusted according to the December 2002 CPI. |
| |
|
ii |
Inflation adjustment-income and expenditure included in ordinary before-tax profit in the reported amounts are adjusted for inflation by the December 2003 CPI. |
| |
|
iii |
Items in the Profit and Loss Account from Ordinary Before-Tax Profits up to Net Profit are shown adjusted by the December 2003 CPI |
| |
|
(e.g., data from the published financial statements). |
| |
b. |
Adjusted to prices at end of each reporting period up to December 2003-for any period presented in the table, the data are adjusted to prices at the end of that period only (e.g., the profit and loss statement for 2003 submitted to the Supervisor of Banks is adjusted to end-2003 prices, and that for 2002, to end-2002 prices). From January 2004, the data are amounts reported. |
| |
c. |
Nominal (e.g., data on overseas offices are in nominal us dollar terms). |
| 5. |
Annual figures are presented for the last five years, and quarterly or monthly figures for the last two years. |
| 6. |
Some tables also show the following: |
| |
a. |
rates of change (percent); |
| |
b. |
composition (percent). |
| |
|
|
|
| C. Presentation of financial reports and notes |
| The published annual reports contain balance sheets and profit and loss statements for a five-year period, while the audited financial statements and the notes to them present data referring to 2- and 3-year periods respectively. In order to relate the notes to a five-year period, we have taken the figures from previous financial statements and adjusted them for inflation, indicating the latest year for which the data were published. |
