| Information and Reporting Unit, Banking Supervision Division | 03/09/2001 | ||||
| Statement for the second quarter - consolidated | |||||
| "Tefahot" Israel Mortgage 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 | 45 | 34 | 4.6% | 11.5% | |
| Securities | 50 | 55 | 31.0% | 31.5% | |
| Credit to the public | 28,317 | 27,525 | 29.0% | 28.8% | |
| Credit to the government | 4 | 5 | 100.0% | 100.0% | |
| Investments in companies included on an equity basis | 0 | 0 | 0.0% | 0.0% | |
| Buildings and equipment | 72 | 73 | 30.3% | 30.1% | |
| Other assets | 52 | 55 | 17.6% | 20.8% | |
| Total assets | 28,540 | 27,747 | 28.7% | 28.8% | |
| Deposits of the public | 17,843 | 17,615 | 42.4% | 42.0% | |
| Deposits of banks | 7,564 | 7,098 | 16.6% | 16.3% | |
| Deposits of the government | 208 | 228 | 10.6% | 12.9% | |
| Bonds and subordinated notes | 1,112 | 1,025 | 29.8% | 30.8% | |
| Other liabilities | 253 | 318 | 44.0% | 50.0% | |
| Total liabilities | 26,980 | 26,284 | 28.7% | 28.8% | |
| Quasi-capital items | 0 | 0 | 0.0% | 0.0% | |
| Minority shareholders' rights | 0 | 0 | 0.0% | 0.0% | |
| Equity | 1,560 | 1,463 | 28.9% | 28.5% | |
| 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 | 182.0 | 174.0 | 33.5% | 33.9% | 107.0 |
| Loan-loss provision | 35.0 | 51.0 | 30.8% | 57.2% | 17.0 |
| Operating and other income | 151.0 | 151.0 | 37.5% | 38.0% | 75.0 |
| Of which: Operating income | 144.0 | 143.0 | 36.5% | 36.9% | 72.0 |
| Operating and other expenses | 111.0 | 114.0 | 31.4% | 34.9% | 55.0 |
| Of which: Salaries and related expenses | 65.0 | 67.0 | 33.3% | 38.2% | 32.0 |
| Ordinary before-tax provision | 187.0 | 160.0 | 38.9% | 32.3% | 110.0 |
| Provision for taxes on ordinary profit | 89.0 | 76.0 | 38.8% | 32.9% | 55.0 |
| Ordinary after-tax profit | 98.0 | 84.0 | 39.1% | 31.8% | 55.0 |
| Bank's share in the profit of subsidiaries | 0.0 | 0.0 | 0.0 | ||
| 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 | 98.0 | 84.0 | 39.2% | 32.0% | 55.0 |
| Profit after the effect of the difference between the known index and the "in lieu" index | 104.0 | 88.0 | 38.7% | 31.6% | |
| 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 | 1,737 | 26,127 | 603 | 28,467 | |
| Balance of financial liabilities on balance-sheet date | 1,761 | 24,598 | 601 | 26,960 | |
| Excess of financial assets over financial liabilities | -24 | 1,529 | 2 | 1,507 | |
| Additional information on the CPI-indexed sector for the six months to 30.06.2001 | Average balance for six months | Net six monthly interest income (expenses) | Rate of income (expenditure) (2) | ||
| Total financial assets | 25850 | 675.0 | 5.29 | ||
| Total financial liabilities | 24402 | -544.0 | -4.51 | ||
| Interest-rate differential | 0.78 | ||||
| Main financial ratios - consolidated (percent) | 30.06.2001 | 31.12.2000 | |||
| Equity/balance-sheet ratio | 5.47 | 5.27 | |||
| Finanancial capital/equity ratio | 96.60 | 96.51 | |||
| Equity/risk-weighted-assets ratio | 10.10 | 9.60 | |||
| Return on equity (net profit/gross weighted-capital ratio) (4) | 13.90 | 13.20 | |||
| Operating income/operating expenses ratio (5) | 136.04 | 126.36 | |||
| 1 Including foreign-currency indexed NIS. | |||||
| 2 Six-month rate of income (expenses), on annual basis including ALM derivatives. | |||||
| 3 Annual basis. | |||||
| 4 For six months. Comparative data are annual. | |||||
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