Information and Reporting Unit, Banking Supervision Division   03/09/2001
Statement for the second quarter - consolidated  
Bank Leumi Le-Israel B.M. and its subsidiaries, Main data, NIS million  
Taken from the quarterly report to 30.06.2001. Adjusted to the CPI for 06.2001.  
           
Summary consolidated balance sheet 30.06.2001 31.12.2000 Bank's share of the banking system  
30.06.2001 31.12.2000  
Cash and deposits in banks 20,860 28,751 17.6% 23.8%  
Securities 35,699 36,146 42.0% 41.9%  
Credit to the public 151,413 143,148 29.1% 28.8%  
Credit to the government 1,164 1,192 12.4% 8.7%  
Investments in companies included on an equity basis 1,391 1,232 35.8% 30.1%  
Buildings and equipment 2,238 1,999 23.9% 22.1%  
Other assets 4,390 4,119 31.4% 33.4%  
Total assets 217,155 216,587 28.6% 29.2%  
Deposits of the public 181,849 183,916 29.1% 29.8%  
Deposits of banks 4,294 3,686 18.4% 17.4%  
Deposits of the government 3,908 3,815 20.1% 19.6%  
Bonds and subordinated notes 8,094 6,924 25.0% 24.3%  
Other liabilities 6,580 6,572 35.1% 38.3%  
Total liabilities 204,725 204,913 28.5% 29.2%  
Quasi-capital items 0 0 0.0% 0.0%  
Minority shareholders' rights 401 403      
Equity 12,029 11,271 31.2% 30.0%  
           
Summary consolidated profit and loss statement Six months to Bank's share of the banking system Three months to
Six months to
30.06.2001 30.06.2000 30.06.2001 30.06.2000 30.06.2001
Net interest profit before loan-loss provision 2499.0 2361.0 29.8% 29.8% 1234.0
Loan-loss provision 271.0 257.0 20.8% 23.8% 179.0
Operating and other income 1313.0 1401.0 27.2% 27.2% 680.0
Of which: Operating income 1026.0 1106.0 25.9% 26.5% 518.0
Operating and other expenses 2402.0 2401.0 28.2% 28.6% 1060.0
Of which: Salaries and related expenses 1584.0 1631.0 29.4% 30.8% 639.0
Ordinary before-tax provision 1139.0 1104.0 33.5% 30.5% 675.0
Provision for taxes on ordinary profit 548.0 552.0 31.2% 30.6% 349.0
Ordinary after-tax profit 591.0 552.0 36.0% 30.7% 326.0
Bank's share in the profit of subsidiaries 45.0 79.0     24.0
Share of minority shareholders in profit of consolidated companies 0.0 -11.0     4.0
Extraordinary after-tax profit 6.0 344.0     4.0
Net profit 642.0 964.0 43.5% 41.4% 358.0
Profit after the effect of the difference between the known index and the "in lieu" index 668.0 973.0 42.9% 41.2%  
           
Balances and rates of return on financial items by indexation base on 30.06.2001 Unindexed NIS CPI-indexed NIS Foreign Currency (1) Total financial items  
Balance of financial assets on balance-sheet date 62246 59541 89589 211376  
Balance of financial liabilities on balance-sheet date 75251 46913 81626 203790  
Excess of financial assets over financial liabilities -13005 12628 7963 7586  
Total indexation balance (incl.forwards and options in term of basis assets) 2 -2765 10543 -192 7586  
Rate of income on assets (percent) 3 7 5 7 7  
Rate of expenditure on liabilities (percent) 3 -4 -4 -5 -5  
Interest-rate differential 3 1 2 2  
           
Main financial ratios - consolidated (percent) 30.06.2001 31.12.2000      
Equity/balance-sheet ratio 5.54 5.20      
Finanancial capital/equity ratio 63.06 64.30      
Equity/risk-weighted-assets ratio 9.70 9.20      
Return on equity (net profit/gross weighted-capital ratio) 4 11.70 15.30      
Operating income/operating expenses ratio 5 54.66 53.56      
           
1 Including foreign-currency indexed NIS.          
2 Forwards transactions.          
3 Six-month rate of income (expenses), on annual basis including ALM derivatives.          
4 Annual basis.          
5 For six months. Comparative data are annual.          
          5

Last Updated on 03/09/2001 13:39:40