| Statement for the first quarter - bank | ||||
| Bank Massad Ltd, 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 | 941 | 924 | 0.8% | 0.8% |
| Securities | 439 | 460 | 0.5% | 0.5% |
| Credit to the public | 848 | 818 | 0.2% | 0.2% |
| Credit to the government | 0 | 0 | 0.0% | 0.0% |
| Investments in companies included on an equity basis | 0 | 0 | 0.0% | 0.0% |
| Buildings and equipment | 56 | 56 | 0.6% | 0.6% |
| Other assets | 10 | 10 | 0.1% | 0.1% |
| Total assets | 2,294 | 2,269 | 0.3% | 0.3% |
| Deposits of the public | 2,099 | 2,085 | 0.3% | 0.3% |
| Deposits of banks | 7 | 4 | 0.0% | 0.0% |
| Deposits of the government | 0 | 0 | 0.0% | 0.0% |
| Bonds and subordinated notes | 0 | 0 | 0.0% | 0.0% |
| Other liabilities | 28 | 26 | 0.1% | 0.2% |
| Total liabilities | 2,133 | 2,115 | 0.3% | 0.3% |
| Quasi-capital items | 0 | 0 | 0.0% | 0.0% |
| Minority shareholders' rights | ||||
| Equity | 161 | 153 | 0.4% | 0.4% |
| 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 | 22.9 | 21.8 | 0.6% | 0.5% |
| Loan-loss provision | 1.7 | 1.5 | 0.3% | 0.3% |
| Operating and other income | 13.8 | 13.3 | 0.6% | 0.5% |
| Of which: Operating income | 10.9 | 9.8 | 0.6% | 0.5% |
| Operating and other expenses | 28.2 | 25.9 | 0.6% | 0.6% |
| Of which: Salaries and related expenses | 15.8 | 15.2 | 0.6% | 0.5% |
| Ordinary before-tax provision | 6.8 | 7.7 | 0.5% | 0.4% |
| Provision for taxes on ordinary profit | 2.8 | 3.8 | 0.4% | 0.4% |
| Ordinary after-tax profit | 4.0 | 3.9 | 0.5% | 0.4% |
| Bank's share in the profit of subsidiaries | 0.0 | 0.0 | ||
| Share of minority shareholders in profit | ||||
| of consolidated companies | ||||
| Extraordinary after-tax profit | 0.0 | 0.0 | ||
| Net profit | 4.0 | 3.9 | 0.6% | 0.3% |
| Profit after the effect of the difference between the | 3.8 | 3.7 | 0.5% | 0.3% |
| known index and the "in lieu" index | ||||
| Main financial ratios - consolidated (percent) | 31.03.2001 | 31.12.2000 | ||
| Equity/balance-sheet ratio | 7.02 | 6.75 | ||
| Equity/risk-weighted-assets ratio | 12.99 | 12.94 | ||
| Return on equity (net profit/gross weighted-capital ratio) 1 | 10.80 | 9.60 | ||
| Operating income/operating expenses ratio 2 | 48.98 | 53.71 | ||
| 1 annual basis. | ||||
| 2 For three months. Comparative data are annual. | ||||