| Information and Reporting Unit, Banking Supervision Division | 03/09/2001 | ||||
| Statement for the second quarter - bank | |||||
| Bank Massad Ltd., 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 | 1,102 | 939 | 0.9% | 0.8% | |
| Securities | 540 | 467 | 0.6% | 0.5% | |
| Credit to the public | 830 | 832 | 0.2% | 0.2% | |
| Credit to the government | 0 | 0 | 0.0% | 0.0% | |
| Investments in companies included on an equity basis | 0 | 0 | 0.0% | 0.0% | |
| Buildings and equipment | 61 | 57 | 0.7% | 0.6% | |
| Other assets | 11 | 11 | 0.1% | 0.1% | |
| Total assets | 2,544 | 2,305 | 0.3% | 0.3% | |
| Deposits of the public | 2,247 | 2,119 | 0.4% | 0.3% | |
| Deposits of banks | 106 | 5 | 0.5% | 0.0% | |
| Deposits of the government | 0 | 0 | 0.0% | 0.0% | |
| Bonds and subordinated notes | 0 | 0 | 0.0% | 0.0% | |
| Other liabilities | 22 | 26 | 0.1% | 0.2% | |
| Total liabilities | 2,375 | 2,149 | 0.3% | 0.3% | |
| Quasi-capital items | 0 | 0 | 0.0% | 0.0% | |
| Equity | 169 | 156 | 0.4% | 0.4% | |
| 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 | 49.5 | 40.7 | 0.6% | 0.5% | 26.3 |
| Loan-loss provision | 4.1 | 3.0 | 0.3% | 0.3% | 2.4 |
| Operating and other income | 27.0 | 28.0 | 0.6% | 0.5% | 13.0 |
| Of which: Operating income | 20.8 | 21.4 | 0.5% | 0.5% | 9.8 |
| Operating and other expenses | 57.4 | 52.3 | 0.7% | 0.6% | 28.8 |
| Of which: Salaries and related expenses | 32.1 | 29.0 | 0.6% | 0.5% | 16.1 |
| Ordinary before-tax provision | 15.0 | 13.4 | 0.4% | 0.4% | 8.1 |
| Provision for taxes on ordinary profit | 7.3 | 6.6 | 0.4% | 0.4% | 4.0 |
| Ordinary after-tax profit | 7.7 | 6.8 | 0.5% | 0.4% | 4.1 |
| Bank's share in the profit of subsidiaries | 0.0 | 0.0 | 0.0 | ||
| Share of minority shareholders in profit of consolidated companies | |||||
| Extraordinary after-tax profit | 0.0 | 0.0 | 0.0 | ||
| Net profit | 7.7 | 6.8 | 0.5% | 0.3% | 4.1 |
| Profit after the effect of the difference between the known index and the "in lieu" index | 8.0 | 7.1 | 0.5% | 0.3% | |
| 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 | 1376.5 | 923.1 | 182.7 | 2482.3 | |
| Balance of financial liabilities on balance-sheet date | 1385.4 | 825.0 | 164.4 | 2374.8 | |
| Excess of financial assets over financial liabilities | -8.9 | 98.1 | 18.3 | 107.5 | |
| Total indexation balance (incl.forwards and options in term of basis assets) 2 | -8.9 | 98.1 | 14.6 | 107.5 | |
| Rate of income on assets (percent) 3 | 7.5 | 5.1 | 11.0 | 6.8 | |
| Rate of expenditure on liabilities (percent) 3 | -2.9 | -3.5 | -3.8 | -3.2 | |
| Interest-rate differential | 4.5 | 1.7 | 7.2 | 3.6 | |
| Main financial ratios - consolidated (percent) | 30.06.2001 | 31.12.2000 | |||
| Equity/balance-sheet ratio | 6.64 | 6.75 | |||
| Finanancial capital/equity ratio | 63.68 | 63.20 | |||
| Equity/risk-weighted-assets ratio | 13.94 | 12.94 | |||
| Return on equity (net profit/gross weighted-capital ratio) 4 | 10.10 | 9.60 | |||
| Operating income/operating expenses ratio 5 | 47.04 | 53.70 | |||
| 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. | |||||
| 21 | |||||