Information and Reporting Unit, Banking Supervision Division   03/09/2001
Statement for the second quarter - consolidated  
The Maritime 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 231 169 0.2% 0.1%  
Securities 192 172 0.2% 0.2%  
Credit to the public 699 742 0.1% 0.1%  
Credit to the government 0 0 0.0% 0.0%  
Investments in companies included on an equity basis 15 15 0.4% 0.4%  
Buildings and equipment 26 27 0.3% 0.3%  
Other assets 59 49 0.4% 0.4%  
Total assets 1,222 1,175 0.2% 0.2%  
Deposits of the public 782 719 0.1% 0.1%  
Deposits of banks 105 125 0.4% 0.6%  
Deposits of the government 6 7 0.0% 0.0%  
Bonds and subordinated notes 20 29 0.1% 0.1%  
Other liabilities 77 68 0.4% 0.4%  
Total liabilities 989 948 0.1% 0.1%  
Quasi-capital items 0 0 0.0% 0.0%  
Minority shareholders' rights 0 0      
Equity 233 226 0.6% 0.6%  
           
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 20.3 16.3 0.2% 0.2% 9.9
Loan-loss provision 0.8 0.6 0.1% 0.1% 0.4
Operating and other income 12.9 29.6 0.3% 0.6% 6.2
Of which: Operating income 8.6 20.0 0.2% 0.5% 4.2
Operating and other expenses 23.1 33.5 0.3% 0.4% 11.2
Of which: Salaries and related expenses 11.1 17.0 0.2% 0.3% 5.2
Ordinary before-tax provision 9.3 11.8 0.3% 0.3% 4.5
Provision for taxes on ordinary profit 1.8 2.8 0.1% 0.2% 0.9
Ordinary after-tax profit 7.5 9.0 0.5% 0.5% 3.6
Bank's share in the profit of subsidiaries 0.2 1.1     0.1
Share of minority shareholders in profit of consolidated companies 0.0 0.0     0.0
Extraordinary after-tax profit -0.2 -0.7     -0.2
Net profit 7.5 9.4 0.5% 0.4% 3.5
Profit after the effect of the difference between the known index and the "in lieu" index 8.0 9.7 0.5% 0.4%  
           
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 393 216 563 1173  
Balance of financial liabilities on balance-sheet date 472 78 437 987  
Excess of financial assets over financial liabilities -79 138 127 186  
Total indexation balance (incl.forwards and options in term of basis assets) 2 49 138 -2 186  
Rate of income on assets (percent) 3 6 4 4 5  
Rate of expenditure on liabilities (percent) 3 -4 -3 -4 -4  
Interest-rate differential 2 1 1 1  
           
Main financial ratios - consolidated (percent) 30.06.2001 31.12.2000      
Equity/balance-sheet ratio 19.07 19.25      
Finanancial capital/equity ratio 79.71 76.96      
Equity/risk-weighted-assets ratio 28.09 25.30      
Return on equity (net profit/gross weighted-capital ratio) 4 6.70 14.66      
Operating income/operating expenses ratio 5 55.84 99.22      
           
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.          
          4

Last Updated on 03/09/2001 13:39:37