| Statement for the first quarter - consolidated | ||||
| Union Bank of Israel Ltd 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 | 2,806 | 2,169 | 2.3% | 1.8% |
| Securities | 1,312 | 1,215 | 1.5% | 1.4% |
| Credit to the public | 13,703 | 13,702 | 2.7% | 2.8% |
| Credit to the government | 0 | 0 | 0.0% | 0.0% |
| Investments in companies included on an equity basis | 39 | 30 | 1.0% | 0.7% |
| Buildings and equipment | 313 | 312 | 3.4% | 3.5% |
| Other assets | 1,025 | 769 | 7.0% | 6.3% |
| Total assets | 19,198 | 18,197 | 2.5% | 2.5% |
| Deposits of the public | 16,077 | 15,607 | 2.6% | 2.6% |
| Deposits of banks | 618 | 390 | 2.7% | 1.9% |
| Deposits of the government | 4 | 5 | 0.0% | 0.0% |
| Bonds and subordinated notes | 359 | 311 | 1.2% | 1.1% |
| Other liabilities | 1,036 | 806 | 5.1% | 4.8% |
| Total liabilities | 18,094 | 17,119 | 2.5% | 2.5% |
| Quasi-capital items | 0 | 0 | 0.0% | 0.0% |
| Minority shareholders' rights | 0 | 0 | ||
| Equity | 1,104 | 1,078 | 2.9% | 2.9% |
| 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 | 120.0 | 114.0 | 2.9% | 2.8% |
| Loan-loss provision | 17.0 | 20.0 | 2.7% | 3.6% |
| Operating and other income | 44.0 | 58.0 | 1.9% | 2.2% |
| Of which: Operating income | 40.0 | 49.0 | 2.1% | 2.3% |
| Operating and other expenses | 116.0 | 111.0 | 2.6% | 2.6% |
| Of which: Salaries and related expenses | 74.0 | 70.0 | 2.6% | 2.5% |
| Ordinary before-tax provision | 31.0 | 41.0 | 2.2% | 2.2% |
| Provision for taxes on ordinary profit | 16.0 | 18.0 | 2.4% | 2.0% |
| Ordinary after-tax profit | 15.0 | 23.0 | 2.0% | 2.5% |
| Bank's share in the profit of subsidiaries | 1.0 | 0.0 | ||
| Share of minority shareholders in profit | 0.0 | 0.0 | ||
| of consolidated companies | ||||
| Extraordinary after-tax profit | 0.0 | 0.0 | ||
| Net profit | 16.0 | 23.0 | 2.5% | 1.7% |
| Profit after the effect of the difference between the | 18.0 | 21.0 | 2.6% | 1.6% |
| known index and the "in lieu" index | ||||
| Main financial ratios - consolidated (percent) | 31.03.2001 | 31.12.2000 | ||
| Equity/balance-sheet ratio | 5.75 | 5.92 | ||
| Equity/risk-weighted-assets ratio | 9.00 | 9.00 | ||
| Return on equity (net profit/gross weighted-capital ratio) 1 | 6.10 | 7.00 | ||
| Operating income/operating expenses ratio 2 | 37.93 | 42.98 | ||
| 1 annual basis. | ||||
| 2 For three months. Comparative data are annual. | ||||