Information and Reporting Unit, Banking Supervision Division 03/12/2001
Statement for the third quarter - consolidated
Bank Hapoalim B.M and its subsidiaries, Main data, NIS million
Taken from the quarterly report to 30.09.2001. Adjusted to the CPI for  09.2001.
Summary consolidated balance sheet 30.09.2001 31.12.2000 Bank's share of the banking system
30.09.2001 31.12.2000
Cash and deposits in banks 33,016 35,442 28.6% 29.1%
Securities 20,094 15,645 21.6% 18.0%
Credit to the public 174,411 157,981 32.2% 31.5%
Credit to the government 6,451 10,751 66.4% 78.0%
Investments in companies included on an equity basis 1,253 1,716 32.8% 41.6%
Buildings and equipment 3,367 3,293 35.4% 36.1%
Other assets 4,448 2,726 27.1% 21.8%
Total assets 243,040 227,554 30.8% 30.4%
Deposits of the public 192,843 180,667 29.6% 29.0%
Deposits of banks 9,139 8,175 38.3% 38.0%
Deposits of the government 5,966 6,560 31.0% 33.3%
Bonds and subordinated notes 15,718 14,202 47.2% 49.5%
Other liabilities 6,355 5,008 30.2% 28.8%
Total liabilities 230,021 214,612 30.7% 30.2%
Quasi-capital items 0 0 0.0% 0.0%
Minority shareholders' rights 688 720    
Equity 12,331 12,222 31.5% 32.2%
Summary consolidated profit and loss statement Nine months to Bank's share of the banking system Three months to
Nine months to
30.09.2001 30.09.2000 30.09.2001 30.09.2000 30.09.2001
Net interest profit before loan-loss provision 4246.0 3962.0 33.6% 32.5% 1405.0
Loan-loss provision 722.0 548.0 25.6% 31.0% 403.0
Operating and other income 2496.0 2701.0 34.5% 34.7% 804.0
Of which: Operating income 2075.0 2099.0 34.5% 33.3% 695.0
Operating and other expenses 4091.0 3968.0 31.5% 31.1% 1379.0
Of which: Salaries and related expenses 2452.0 2416.0 30.5% 29.8% 787.0
Ordinary before-tax provision 1929.0 2147.0 47.7% 39.6% 427.0
Provision for taxes on ordinary profit 881.0 977.0 42.8% 36.0% 213.0
Ordinary after-tax profit 1048.0 1170.0 52.8% 43.1% 214.0
Bank's share in the profit of subsidiaries -244.0 168.0     -51.0
Share of minority shareholders in profit of consolidated companies -29.0 -43.0     -4.0
Extraordinary after-tax profit -23.0 -32.0     -12.0
Net profit 752.0 1263.0 43.4% 38.0% 147.0
Profit after the effect of the difference between the known index and the "in lieu" index 771.0 1214.0 42.9% 38.3%  
Balances and rates of return on financial items by indexation base on 30.09.2001 Unindexed NIS CPI-indexed  NIS Foreign Currency (1) Total financial items
Balance of financial assets on balance-sheet date 69293 67460 100936 237689
Balance of financial liabilities on balance-sheet date 83297 56514 90029 229840
Excess of financial assets over financial liabilities -14004 10946 10907 7849
Total indexation balance (incl.forwards and options in term of basis assets) 2 -2481 10027 303 7849
Main financial ratios - consolidated (percent) 30.09.2001 31.12.2000
Equity/balance-sheet ratio 5.07 5.37
Finanancial capital/equity ratio 63.65 59.49
Equity/risk-weighted-assets ratio 9.04 9.19
Return on equity (net profit/gross weighted-capital ratio) 3 8.40 15.10
Operating income/operating expenses ratio 4 61.01 66.29
 
1 Including foreign-currency indexed NIS.          
2 Forwards transactions.
3 Annual basis.
4 For nine months. Comparative data are annual.
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