| Information and Reporting Unit, Banking Supervision Division | 03/09/2001 | ||||
| Statement for the second quarter - consolidated | |||||
| Mercantile 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 | 2,084 | 1,636 | 1.8% | 1.4% | |
| Securities | 1,021 | 1,295 | 1.2% | 1.5% | |
| Credit to the public | 10,959 | 10,577 | 2.1% | 2.1% | |
| Credit to the government | 2 | 3 | 0.0% | 0.0% | |
| Investments in companies included on an equity basis | 5 | 3 | 0.1% | 0.1% | |
| Buildings and equipment | 238 | 235 | 2.5% | 2.6% | |
| Other assets | 115 | 138 | 0.8% | 1.1% | |
| Total assets | 14,423 | 13,887 | 1.9% | 1.9% | |
| Deposits of the public | 12,540 | 12,341 | 2.0% | 2.0% | |
| Deposits of banks | 544 | 285 | 2.3% | 1.3% | |
| Deposits of the government | 53 | 52 | 0.3% | 0.3% | |
| Bonds and subordinated notes | 423 | 382 | 1.3% | 1.3% | |
| Other liabilities | 158 | 158 | 0.8% | 0.9% | |
| Total liabilities | 13,718 | 13,218 | 1.9% | 1.9% | |
| Quasi-capital items | 0 | 0 | 0.0% | 0.0% | |
| Minority shareholders' rights | 0 | 0 | |||
| Equity | 705 | 669 | 1.8% | 1.8% | |
| 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 | 194.2 | 204.7 | 2.3% | 2.6% | 99.0 |
| Loan-loss provision | 21.1 | 22.0 | 1.6% | 2.0% | 10.3 |
| Operating and other income | 99.6 | 103.5 | 2.1% | 2.0% | 54.5 |
| Of which: Operating income | 91.7 | 95.2 | 2.3% | 2.3% | 46.6 |
| Operating and other expenses | 233.1 | 234.6 | 2.7% | 2.8% | 117.2 |
| Of which: Salaries and related expenses | 135.5 | 137.8 | 2.5% | 2.6% | 67.3 |
| Ordinary before-tax provision | 39.6 | 51.6 | 1.2% | 1.4% | 26.0 |
| Provision for taxes on ordinary profit | 21.8 | 26.8 | 1.2% | 1.5% | 13.5 |
| Ordinary after-tax profit | 17.8 | 24.8 | 1.1% | 1.4% | 12.5 |
| Bank's share in the profit of subsidiaries | -0.4 | 0.0 | 0.0 | ||
| Share of minority shareholders in profit of consolidated companies | 0.0 | 0.0 | 0.0 | ||
| Extraordinary after-tax profit | -0.1 | 3.3 | -0.1 | ||
| Net profit | 17.3 | 28.1 | 1.2% | 1.2% | 12.4 |
| Profit after the effect of the difference between the known index and the "in lieu" index | 18.6 | 28.3 | 1.2% | 1.2% | |
| 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 | 7262 | 3682 | 3196 | 14140 | |
| Balance of financial liabilities on balance-sheet date | 7650 | 3246 | 2813 | 13710 | |
| Excess of financial assets over financial liabilities | -388 | 436 | 383 | 431 | |
| Total indexation balance (incl.forwards and options in term of basis assets) 2 | -69 | 436 | 63 | 431 | |
| Rate of income on assets (percent) 3 | 8 | 5 | 7 | 7 | |
| Rate of expenditure on liabilities (percent) 3 | -4 | -4 | -4 | -4 | |
| Interest-rate differential | 3 | 1 | 3 | 2 | |
| Main financial ratios - consolidated (percent) | 30.06.2001 | 31.12.2000 | |||
| Equity/balance-sheet ratio | 4.89 | 4.82 | |||
| Finanancial capital/equity ratio | 61.11 | 62.56 | |||
| Equity/risk-weighted-assets ratio | 9.70 | 9.60 | |||
| Return on equity (net profit/gross weighted-capital ratio) 4 | 5.20 | 7.50 | |||
| Operating income/operating expenses ratio 5 | 42.73 | 42.13 | |||
| 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. | |||||
| 10 | |||||