Information and Reporting Unit, Banking Supervision Division   03/09/2001
Statement for the second quarter - consolidated  
Israel Discount 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 22,005 21,572 18.6% 17.9%  
Securities 24,507 24,765 28.8% 28.7%  
Credit to the public 70,377 68,954 13.5% 13.9%  
Credit to the government 468 534 5.0% 3.9%  
Investments in companies included on an equity basis 912 932 23.5% 22.8%  
Buildings and equipment 1,746 1,720 18.7% 19.0%  
Other assets 2,428 2,549 17.3% 20.7%  
Total assets 122,443 121,026 16.1% 16.3%  
Deposits of the public 106,663 105,916 17.0% 17.2%  
Deposits of banks 3,977 3,576 17.0% 16.9%  
Deposits of the government 295 269 1.5% 1.4%  
Bonds and subordinated notes 3,645 3,249 11.3% 11.4%  
Other liabilities 2,186 2,316 11.7% 13.5%  
Total liabilities 116,766 115,326 16.2% 16.4%  
Quasi-capital items 0 0 0.0% 0.0%  
Minority shareholders' rights 428 408      
Equity 5,249 5,292 13.6% 14.1%  
           
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 1377.0 1355.0 16.4% 17.1% 711.0
Loan-loss provision 470.0 252.0 36.0% 23.3% 186.0
Operating and other income 920.0 877.0 19.0% 17.0% 483.0
Of which: Operating income 744.0 741.0 18.8% 17.8% 373.0
Operating and other expenses 1778.0 1684.0 20.9% 20.1% 897.0
Of which: Salaries and related expenses 1115.0 1072.0 20.7% 20.2% 564.0
Ordinary before-tax provision 49.0 296.0 1.4% 8.2% 111.0
Provision for taxes on ordinary profit 173.0 185.0 9.8% 10.3% 91.0
Ordinary after-tax profit -124.0 111.0 -7.5% 6.2% 20.0
Bank's share in the profit of subsidiaries 35.0 35.0     17.0
Share of minority shareholders in profit of consolidated companies -19.0 -33.0     -7.0
Extraordinary after-tax profit 5.0 11.0     1.0
Net profit -103.0 124.0 -7.0% 5.3% 31.0
Profit after the effect of the difference between the known index and the "in lieu" index -89.0 137.0 -5.7% 5.8%  
           
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 39657 25002 54657 119316  
Balance of financial liabilities on balance-sheet date 41408 22024 53254 116686  
Excess of financial assets over financial liabilities -1751 2978 1403 2630  
Total indexation balance (incl.forwards and options in term of basis assets) 2 524 2449 -343 2630  
Rate of income on assets (percent) 3 6 5 9 7  
Rate of expenditure on liabilities (percent) 3 -4 -4 -7 -5  
Interest-rate differential 2 1 2 2  
           
Main financial ratios - consolidated (percent) 30.06.2001 31.12.2000      
Equity/balance-sheet ratio 4.29 4.37      
Finanancial capital/equity ratio 50.10 49.06      
Equity/risk-weighted-assets ratio 9.30 9.30      
Return on equity (net profit/gross weighted-capital ratio) 4 -3.90 -2.00      
Operating income/operating expenses ratio 5 51.74 49.30      
           
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.          
          6

Last Updated on 03/09/2001 13:39:43