| Information and Reporting Unit, Banking Supervision Division | 03/09/2001 | ||||
| Statement for the second quarter - consolidated | |||||
| Carmel Mortgage and Investment 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 | 46 | 21 | 4.7% | 7.2% | |
| Securities | 109 | 117 | 67.8% | 67.3% | |
| Credit to the public | 1,314 | 1,375 | 1.3% | 1.4% | |
| Credit to the government | 0 | 0 | 0.0% | 0.0% | |
| Investments in companies included on an equity basis | 0 | 0 | 25.2% | 25.2% | |
| Buildings and equipment | 8 | 9 | 3.5% | 3.6% | |
| Other assets | 10 | 7 | 3.4% | 2.5% | |
| Total assets | 1,488 | 1,529 | 1.5% | 1.6% | |
| Deposits of the public | 1,224 | 1,265 | 2.9% | 3.0% | |
| Deposits of banks | 32 | 39 | 0.1% | 0.1% | |
| Deposits of the government | 28 | 22 | 1.4% | 1.2% | |
| Bonds and subordinated notes | 71 | 71 | 1.9% | 2.1% | |
| Other liabilities | 15 | 12 | 2.6% | 1.9% | |
| Total liabilities | 1,369 | 1,409 | 1.5% | 1.5% | |
| Quasi-capital items | 0 | 0 | 0.0% | 0.0% | |
| Minority shareholders' rights | 1 | 1 | 0.0% | 0.0% | |
| Equity | 118 | 120 | 2.2% | 2.3% | |
| 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 | 5.3 | 8.9 | 1.0% | 1.7% | 2.1 |
| Loan-loss provision | 3.3 | 1.6 | 2.9% | 1.8% | 3.2 |
| Operating and other income | 9.8 | 10.5 | 2.4% | 2.6% | 4.8 |
| Of which: Operating income | 9.7 | 10.3 | 2.5% | 2.7% | 4.8 |
| Operating and other expenses | 16.9 | 15.3 | 4.8% | 4.7% | 9.9 |
| Of which: Salaries and related expenses | 10.4 | 8.0 | 5.3% | 4.6% | 6.6 |
| Ordinary before-tax provision | -5.1 | 2.5 | -1.1% | 0.5% | -6.2 |
| Provision for taxes on ordinary profit | -2.2 | 1.0 | -1.0% | 0.4% | -2.8 |
| Ordinary after-tax profit | -2.9 | 1.5 | -1.2% | 0.6% | -3.4 |
| 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 | -2.9 | 1.5 | -1.2% | 0.6% | -3.4 |
| Profit after the effect of the difference between the known index and the "in lieu" index | -2.8 | 1.8 | -1.0% | 0.6% | |
| 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 | 159 | 1,319 | 0 | 1,478 | |
| Balance of financial liabilities on balance-sheet date | 111 | 1,257 | 0 | 1,368 | |
| Excess of financial assets over financial liabilities | 48 | 62 | 0 | 110 | |
| 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 | 1374 | 33.3 | 4.91 | ||
| Total financial liabilities | 1306 | -30.3 | -4.70 | ||
| Interest-rate differential | 0.21 | ||||
| Main financial ratios - consolidated (percent) | 30.06.2001 | 31.12.2000 | |||
| Equity/balance-sheet ratio | 7.93 | 7.83 | |||
| Finanancial capital/equity ratio | 93.22 | 92.82 | |||
| Equity/risk-weighted-assets ratio | 15.10 | 15.40 | |||
| Return on equity (net profit/gross weighted-capital ratio) (4) | -8.40 | 3.70 | |||
| Operating income/operating expenses ratio (5) | 57.99 | 70.51 | |||
| 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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