| Statement for the first quarter - consolidated | ||||
| United Mizrahi Bank 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 | 14,195 | 13,214 | 11.8% | 11.1% |
| Securities | 2,365 | 2,413 | 2.8% | 2.8% |
| Credit to the public | 52,135 | 51,160 | 10.2% | 10.5% |
| Credit to the government | 101 | 108 | 0.8% | 0.8% |
| Investments in companies included on an equity basis | 148 | 145 | 3.8% | 3.6% |
| Buildings and equipment | 791 | 786 | 8.7% | 8.8% |
| Other assets | 721 | 599 | 4.9% | 4.9% |
| Total assets | 70,456 | 68,425 | 9.3% | 9.4% |
| Deposits of the public | 60,132 | 58,623 | 9.7% | 9.7% |
| Deposits of banks | 2,883 | 2,807 | 12.6% | 13.4% |
| Deposits of the government | 1,116 | 1,105 | 5.6% | 5.8% |
| Bonds and subordinated notes | 2,089 | 2,002 | 6.9% | 7.1% |
| Other liabilities | 1,164 | 885 | 5.7% | 5.2% |
| Total liabilities | 67,384 | 65,422 | 9.4% | 9.5% |
| Quasi-capital items | 0 | 0 | 0.0% | 0.0% |
| Minority shareholders' rights | 209 | 203 | ||
| Equity | 2,863 | 2,800 | 7.5% | 7.5% |
| 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 | 279.0 | 332.0 | 6.8% | 8.1% |
| Loan-loss provision | 37.0 | 49.0 | 5.8% | 8.8% |
| Operating and other income | 201.0 | 221.0 | 8.6% | 8.4% |
| Of which: Operating income | 178.0 | 196.0 | 9.2% | 9.2% |
| Operating and other expenses | 314.0 | 325.0 | 7.2% | 7.5% |
| Of which: Salaries and related expenses | 205.0 | 208.0 | 7.1% | 7.5% |
| Ordinary before-tax provision | 129.0 | 179.0 | 9.2% | 9.8% |
| Provision for taxes on ordinary profit | 50.0 | 91.0 | 7.5% | 9.9% |
| Ordinary after-tax profit | 79.0 | 88.0 | 10.7% | 9.7% |
| Bank's share in the profit of subsidiaries | 3.0 | 23.0 | ||
| Share of minority shareholders in profit | -7.0 | -7.0 | ||
| of consolidated companies | ||||
| Extraordinary after-tax profit | 0.0 | -8.0 | ||
| Net profit | 75.0 | 96.0 | 11.6% | 7.1% |
| Profit after the effect of the difference between the | 78.0 | 92.0 | 11.2% | 7.1% |
| known index and the "in lieu" index | ||||
| Main financial ratios - consolidated (percent) | 31.03.2001 | 31.12.2000 | ||
| Equity/balance-sheet ratio | 4.06 | 4.09 | ||
| Equity/risk-weighted-assets ratio | 9.10 | 9.30 | ||
| Return on equity (net profit/gross weighted-capital ratio) 1 | 11.20 | 13.20 | ||
| Operating income/operating expenses ratio 2 | 64.01 | 65.82 | ||
| 1 annual basis. | ||||
| 2 For three months. Comparative data are annual. | ||||