| Information and Reporting Unit, Banking Supervision Division | 03/09/2001 | ||||
| Statement for the second quarter - consolidated | |||||
| Union Bank of Israel 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 | 3,247 | 2,204 | 2.7% | 1.8% | |
| Securities | 1,366 | 1,235 | 1.6% | 1.4% | |
| Credit to the public | 13,994 | 13,922 | 2.7% | 2.8% | |
| Credit to the government | 0 | 0 | 0.0% | 0.0% | |
| Investments in companies included on an equity basis | 41 | 31 | 1.1% | 0.8% | |
| Buildings and equipment | 321 | 317 | 3.4% | 3.5% | |
| Other assets | 849 | 781 | 6.1% | 6.3% | |
| Total assets | 19,818 | 18,490 | 2.6% | 2.5% | |
| Deposits of the public | 17,013 | 15,857 | 2.7% | 2.6% | |
| Deposits of banks | 275 | 397 | 1.2% | 1.9% | |
| Deposits of the government | 4 | 5 | 0.0% | 0.0% | |
| Bonds and subordinated notes | 381 | 316 | 1.2% | 1.1% | |
| Other liabilities | 1,008 | 820 | 5.4% | 4.8% | |
| Total liabilities | 18,681 | 17,395 | 2.6% | 2.5% | |
| Quasi-capital items | 0 | 0 | 0.0% | 0.0% | |
| Minority shareholders' rights | 0 | 0 | |||
| Equity | 1,137 | 1,095 | 3.0% | 2.9% | |
| 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 | 245.0 | 228.0 | 2.9% | 2.9% | 121.0 |
| Loan-loss provision | 44.0 | 34.0 | 3.4% | 3.1% | 26.0 |
| Operating and other income | 89.0 | 107.0 | 1.8% | 2.1% | 46.0 |
| Of which: Operating income | 83.0 | 93.0 | 2.1% | 2.2% | 43.0 |
| Operating and other expenses | 231.0 | 226.0 | 2.7% | 2.7% | 114.0 |
| Of which: Salaries and related expenses | 144.0 | 143.0 | 2.7% | 2.7% | 69.0 |
| Ordinary before-tax provision | 59.0 | 75.0 | 1.7% | 2.1% | 27.0 |
| Provision for taxes on ordinary profit | 32.0 | 36.0 | 1.8% | 2.0% | 16.0 |
| Ordinary after-tax profit | 27.0 | 39.0 | 1.6% | 2.2% | 11.0 |
| Bank's share in the profit of subsidiaries | 2.0 | 1.0 | 1.0 | ||
| Share of minority shareholders in profit of consolidated companies | 0.0 | 0.0 | 0.0 | ||
| Extraordinary after-tax profit | 0.0 | 0.0 | 0.0 | ||
| Net profit | 29.0 | 40.0 | 2.0% | 1.7% | 12.0 |
| Profit after the effect of the difference between the known index and the "in lieu" index | 32.0 | 41.0 | 2.1% | 1.7% | |
| 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 | 7581 | 2923 | 8880 | 19384 | |
| Balance of financial liabilities on balance-sheet date | 8962 | 2216 | 7452 | 18630 | |
| Excess of financial assets over financial liabilities | -1381 | 707 | 1428 | 754 | |
| Total indexation balance (incl.forwards and options in term of basis assets) 2 | 108 | 524 | 122 | 754 | |
| Rate of income on assets (percent) 3 | 7 | 5 | 8 | 6 | |
| Rate of expenditure on liabilities (percent) 3 | -4 | -5 | -5 | -5 | |
| Interest-rate differential | 2 | 1 | 3 | 2 | |
| Main financial ratios - consolidated (percent) | 30.06.2001 | 31.12.2000 | |||
| Equity/balance-sheet ratio | 5.74 | 5.92 | |||
| Finanancial capital/equity ratio | 66.31 | 53.24 | |||
| Equity/risk-weighted-assets ratio | 9.40 | 9.00 | |||
| Return on equity (net profit/gross weighted-capital ratio) 4 | 5.40 | 7.00 | |||
| Operating income/operating expenses ratio 5 | 38.53 | 43.56 | |||
| 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. | |||||
| 8 | |||||