| Statement for the first quarter - consolidated | ||||
| Bank Hapoalim B.M and its subsidiaries, main data, NIS million | ||||
| Taken from the quarterly report to 31.03.2001 Adjusted to the CPI for 03.2001 | ||||
| Summary consolidated balance sheet | 31.03.2001 | 31.12.2000 | Bank's share of the banking system | |
| 31.03.2001 | 31.12.2000 | |||
| Cash and deposits in banks | 34,398 | 34,575 | 28.7% | 29.1% |
| Securities | 15,714 | 15,262 | 18.5% | 18.0% |
| Credit to the public | 162,254 | 154,117 | 31.9% | 31.5% |
| Credit to the government | 10,126 | 10,488 | 76.1% | 78.0% |
| Investments in companies included on an equity basis | 1,491 | 1,674 | 38.4% | 41.6% |
| Buildings and equipment | 3,186 | 3,212 | 35.0% | 36.1% |
| Other assets | 4,063 | 2,659 | 27.8% | 21.9% |
| Total assets | 231,232 | 221,987 | 30.6% | 30.4% |
| Deposits of the public | 182,153 | 176,247 | 29.3% | 29.0% |
| Deposits of banks | 8,772 | 7,975 | 38.2% | 38.0% |
| Deposits of the government | 6,547 | 6,400 | 33.1% | 33.4% |
| Bonds and subordinated notes | 14,959 | 13,854 | 49.1% | 49.5% |
| Other liabilities | 5,819 | 4,885 | 28.5% | 28.9% |
| Total liabilities | 218,250 | 209,361 | 30.5% | 30.3% |
| Quasi-capital items | 0 | 0 | 0.0% | 0.0% |
| Minority shareholders' rights | 709 | 703 | ||
| Equity | 12,273 | 11,923 | 32.1% | 32.0% |
| Bank's share of the banking system | ||||
| Summary consolidated profit and loss statement | Three months to | Three months to | ||
| 31.03.2001 | 31.03.2000 | 31.03.2001 | 31.03.2000 | |
| Net interest profit before loan-loss provision | 1397.0 | 1339.0 | 34.0% | 32.8% |
| Loan-loss provision | 157.0 | 211.0 | 24.5% | 37.9% |
| Operating and other income | 799.0 | 914.0 | 34.4% | 34.9% |
| Of which: Operating income | 660.0 | 691.0 | 34.1% | 32.5% |
| Operating and other expenses | 1360.0 | 1324.0 | 31.0% | 30.7% |
| Of which: Salaries and related expenses | 857.0 | 808.0 | 29.9% | 29.2% |
| Ordinary before-tax provision | 679.0 | 718.0 | 48.5% | 39.4% |
| Provision for taxes on ordinary profit | 255.0 | 344.0 | 38.5% | 37.6% |
| Ordinary after-tax profit | 424.0 | 374.0 | 57.5% | 41.2% |
| Bank's share in the profit of subsidiaries | -106.0 | 108.0 | ||
| Share of minority shareholders in profit | -8.0 | -18.0 | ||
| of consolidated companies | ||||
| Extraordinary after-tax profit | -3.0 | -33.0 | ||
| Net profit | 307.0 | 431.0 | 47.6% | 31.8% |
| Profit after the effect of the difference between the | 318.0 | 417.0 | 45.5% | 32.3% |
| known index and the "in lieu" index | ||||
| Main financial ratios - consolidated (percent) | 31.03.2001 | 31.12.2000 | ||
| Equity/balance-sheet ratio | 5.31 | 5.37 | ||
| Equity/risk-weighted-assets ratio | 9.10 | 9.20 | ||
| Return on equity (net profit/gross weighted-capital ratio) 1 | 10.70 | 15.10 | ||
| Operating income/operating expenses ratio 2 | 58.75 | 66.31 | ||
| 1 annual basis. | ||||
| 2 For three months. Comparative data are annual. | ||||