| Information and Reporting Unit, Banking Supervision Division | 03/09/2001 | ||||
| Statement for the second quarter - consolidated | |||||
| Bank Hapoalim 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 | 37,076 | 35,130 | 31.3% | 29.1% | |
| Securities | 16,383 | 15,507 | 19.3% | 18.0% | |
| Credit to the public | 166,205 | 156,590 | 32.0% | 31.5% | |
| Credit to the government | 6,515 | 10,656 | 69.5% | 78.0% | |
| Investments in companies included on an equity basis | 1,353 | 1,701 | 34.8% | 41.6% | |
| Buildings and equipment | 3,320 | 3,264 | 35.5% | 36.1% | |
| Other assets | 4,003 | 2,702 | 28.6% | 21.9% | |
| Total assets | 234,855 | 225,550 | 30.9% | 30.4% | |
| Deposits of the public | 184,260 | 179,076 | 29.5% | 29.0% | |
| Deposits of banks | 9,370 | 8,103 | 40.2% | 38.2% | |
| Deposits of the government | 6,286 | 6,502 | 32.3% | 33.3% | |
| Bonds and subordinated notes | 15,925 | 14,077 | 49.3% | 49.5% | |
| Other liabilities | 6,261 | 4,964 | 33.4% | 28.9% | |
| Total liabilities | 222,102 | 212,722 | 30.9% | 30.3% | |
| Quasi-capital items | 0 | 0 | 0.0% | 0.0% | |
| Minority shareholders' rights | 673 | 714 | |||
| Equity | 12,080 | 12,114 | 31.3% | 32.3% | |
| 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 | 2816.0 | 2563.0 | 33.5% | 32.3% | 1397.0 |
| Loan-loss provision | 317.0 | 352.0 | 24.3% | 32.6% | 157.0 |
| Operating and other income | 1678.0 | 1779.0 | 34.7% | 34.5% | 865.0 |
| Of which: Operating income | 1368.0 | 1365.0 | 34.6% | 32.7% | 697.0 |
| Operating and other expenses | 2689.0 | 2571.0 | 31.5% | 30.6% | 1307.0 |
| Of which: Salaries and related expenses | 1651.0 | 1551.0 | 30.6% | 29.3% | 780.0 |
| Ordinary before-tax provision | 1488.0 | 1419.0 | 43.8% | 39.2% | 798.0 |
| Provision for taxes on ordinary profit | 662.0 | 655.0 | 37.7% | 36.3% | 389.0 |
| Ordinary after-tax profit | 826.0 | 764.0 | 50.3% | 42.5% | 409.0 |
| Bank's share in the profit of subsidiaries | -191.0 | 111.0 | -83.0 | ||
| Share of minority shareholders in profit of consolidated companies | -24.0 | -28.0 | -17.0 | ||
| Extraordinary after-tax profit | -11.0 | -45.0 | -8.0 | ||
| Net profit | 600.0 | 802.0 | 40.6% | 34.5% | 301.0 |
| Profit after the effect of the difference between the known index and the "in lieu" index | 616.0 | 800.0 | 39.6% | 33.9% | |
| 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 | 65787 | 66343 | 97126 | 229256 | |
| Balance of financial liabilities on balance-sheet date | 79846 | 55854 | 86193 | 221893 | |
| Excess of financial assets over financial liabilities | -14059 | 10489 | 10933 | 7363 | |
| Total indexation balance (incl.forwards and options in term of basis assets) 2 | -3332 | 9822 | 873 | 7363 | |
| Rate of income on assets (percent) 3 | 7 | 5 | 6 | 6 | |
| Rate of expenditure on liabilities (percent) 3 | -3 | -4 | -5 | -4 | |
| Interest-rate differential | 3 | 1 | 2 | 2 | |
| Main financial ratios - consolidated (percent) | 30.06.2001 | 31.12.2000 | |||
| Equity/balance-sheet ratio | 5.14 | 5.37 | |||
| Finanancial capital/equity ratio | 60.95 | 59.48 | |||
| Equity/risk-weighted-assets ratio | 9.23 | 9.19 | |||
| Return on equity (net profit/gross weighted-capital ratio) 4 | 10.20 | 15.10 | |||
| Operating income/operating expenses ratio 5 | 62.40 | 66.28 | |||
| 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. | |||||
| 7 | |||||