Information and Reporting Unit, Banking Supervision Division   03/09/2001
Statement for the second quarter - consolidated  
The First International 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 15,200 15,438 12.8% 12.8%  
Securities 3,172 4,359 3.7% 5.1%  
Credit to the public 44,415 42,736 8.5% 8.6%  
Credit to the government 139 147 1.5% 1.1%  
Investments in companies included on an equity basis 17 19 0.4% 0.5%  
Buildings and equipment 709 724 7.6% 8.0%  
Other assets 1,344 1,337 9.6% 10.9%  
Total assets 64,996 64,760 8.6% 8.7%  
Deposits of the public 57,223 57,024 9.1% 9.2%  
Deposits of banks 835 1,259 3.6% 5.9%  
Deposits of the government 587 607 3.0% 3.1%  
Bonds and subordinated notes 1,816 1,496 5.6% 5.3%  
Other liabilities 1,249 1,224 6.7% 7.1%  
Total liabilities 61,710 61,610 8.6% 8.8%  
Quasi-capital items 0 0 0.0% 0.0%  
Minority shareholders' rights 144 142      
Equity 3,142 3,008 8.2% 8.0%  
           
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 640.0 602.0 7.6% 7.6% 330.0
Loan-loss provision 84.0 59.0 6.4% 5.5% 54.0
Operating and other income 329.0 399.0 6.8% 7.7% 160.0
Of which: Operating income 282.0 356.0 7.1% 8.5% 140.0
Operating and other expenses 584.0 668.0 6.8% 8.0% 281.0
Of which: Salaries and related expenses 367.0 387.0 6.8% 7.3% 172.0
Ordinary before-tax provision 301.0 274.0 8.9% 7.6% 155.0
Provision for taxes on ordinary profit 169.0 167.0 9.6% 9.3% 88.0
Ordinary after-tax profit 132.0 107.0 8.0% 5.9% 67.0
Bank's share in the profit of subsidiaries -1.0 1.0     -1.0
Share of minority shareholders in profit of consolidated companies -6.0 14.0     -3.0
Extraordinary after-tax profit 0.0 26.0     0.0
Net profit 125.0 148.0 8.5% 6.4% 63.0
Profit after the effect of the difference between the known index and the "in lieu" index 134.0 154.0 8.6% 6.5%  
           
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 25141 16048 22867 64056  
Balance of financial liabilities on balance-sheet date 27838 12954 20913 61705  
Excess of financial assets over financial liabilities -2697 3094 1954 2351  
Total indexation balance (incl.forwards and options in term of basis assets) 2 -508 3105 -246 2351  
Rate of income on assets (percent) 3 7 5 10 7  
Rate of expenditure on liabilities (percent) 3 -5 -5 -8 -6  
Interest-rate differential 2 1 2 2  
           
Main financial ratios - consolidated (percent) 30.06.2001 31.12.2000      
Equity/balance-sheet ratio 4.83 4.64      
Finanancial capital/equity ratio 74.82 73.24      
Equity/risk-weighted-assets ratio 9.70 9.50      
Return on equity (net profit/gross weighted-capital ratio) 4 8.50 11.50      
Operating income/operating expenses ratio 5 56.34 58.11      
           
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 13:40:11