Information and Reporting Unit, Banking Supervision Division   03/09/2001
Statement for the second quarter - consolidated  
Euro-Trade Bank Ltd. 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 84 68 0.1% 0.1%  
Securities 36 20 0.0% 0.0%  
Credit to the public 195 167 0.0% 0.0%  
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 2 2 0.0% 0.0%  
Other assets 11 7 0.1% 0.1%  
Total assets 327 264 0.0% 0.0%  
Deposits of the public 244 200 0.0% 0.0%  
Deposits of banks 23 11 0.1% 0.1%  
Deposits of the government 0 0 0.0% 0.0%  
Bonds and subordinated notes 2 0 0.0% 0.0%  
Other liabilities 9 5 0.0% 0.0%  
Total liabilities 278 216 0.0% 0.0%  
Quasi-capital items 0 0 0.0% 0.0%  
Minority shareholders' rights 0 0      
Equity 50 48 0.1% 0.1%  
           
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 7.3 7.0 0.1% 0.1% 3.1
Loan-loss provision 0.0 1.6 0.0% 0.1% -0.2
Operating and other income 1.3 1.1 0.0% 0.0% 0.6
Of which: Operating income 1.3 1.1 0.0% 0.0% 0.6
Operating and other expenses 7.3 7.9 0.1% 0.1% 3.4
Of which: Salaries and related expenses 3.7 3.7 0.1% 0.1% 1.7
Ordinary before-tax provision 1.3 -1.4 0.0% 0.0% 0.5
Provision for taxes on ordinary profit 0.4 0.0 0.0% 0.0% 0.2
Ordinary after-tax profit 0.9 -1.4 0.1% -0.1% 0.3
Bank's share in the profit of subsidiaries 0.0 0.0     0.0
Share of minority shareholders in profit of consolidated companies 0.0 0.0     0.0
Extraordinary after-tax profit 0.3 -0.5     0.0
Net profit 1.2 -1.9 0.1% -0.1% 0.3
Profit after the effect of the difference between the known index and the "in lieu" index 1.4 -1.9 0.1% -0.1%  
           
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 144 67 114 325  
Balance of financial liabilities on balance-sheet date 172 22 83 277  
Excess of financial assets over financial liabilities -28 44 31 47  
Total indexation balance (incl.forwards and options in term of basis assets) 2 -14 64 -3 47  
Rate of income on assets (percent) 3 7 7 7 7  
Rate of expenditure on liabilities (percent) 3 -5 -8 -2 -5  
Interest-rate differential 2 -1 5 2  
           
Main financial ratios - consolidated (percent) 30.06.2001 31.12.2000      
Equity/balance-sheet ratio 15.17 18.18      
Finanancial capital/equity ratio 94.92 94.63      
Equity/risk-weighted-assets ratio 24.95 25.29      
Return on equity (net profit/gross weighted-capital ratio) 4 4.97 0.45      
Operating income/operating expenses ratio 5 17.32 16.70      
           
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.          
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Last Updated on 03/09/2001 13:39:26