Information and Reporting Unit, Banking Supervision Division 03/12/2001
Statement for the third quarter - consolidated
Mercantile Discount Bank Ltd. 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 2,306 1,651 2.0% 1.4%
Securities 975 1,306 1.0% 1.5%
Credit to the public 11,420 10,671 2.1% 2.1%
Credit to the government 4 3 0.0% 0.0%
Investments in companies included on an equity basis 5 3 0.1% 0.1%
Buildings and equipment 240 237 2.5% 2.6%
Other assets 180 140 1.1% 1.1%
Total assets 15,130 14,010 1.9% 1.9%
Deposits of the public 12,787 12,449 2.0% 2.0%
Deposits of banks 911 287 3.8% 1.3%
Deposits of the government 51 53 0.3% 0.3%
Bonds and subordinated notes 438 385 1.3% 1.3%
Other liabilities 233 162 1.1% 0.9%
Total liabilities 14,420 13,335 1.9% 1.9%
Quasi-capital items 0 0 0.0% 0.0%
Minority shareholders' rights 0 0    
Equity 710 675 1.8% 1.8%
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 297.4 311.0 2.4% 2.6% 101.5
Loan-loss provision 61.4 35.3 2.2% 2.0% 40.1
Operating and other income 153.0 156.1 2.1% 2.0% 52.4
Of which: Operating income 141.1 143.2 2.3% 2.3% 48.5
Operating and other expenses 359.8 357.3 2.8% 2.8% 124.6
Of which: Salaries and related expenses 211.2 211.7 2.6% 2.6% 74.5
Ordinary before-tax provision 29.2 74.5 0.7% 1.4% -10.8
Provision for taxes on ordinary profit 17.4 36.1 0.8% 1.3% -4.6
Ordinary after-tax profit 11.8 38.4 0.6% 1.4% -6.2
Bank's share in the profit of subsidiaries -0.4 0.0     0.0
Share of minority shareholders in profit of consolidated companies 0.0 0.0     0.0
Extraordinary after-tax profit -0.3 3.3     -0.2
Net profit 11.1 41.7 0.6% 1.3% -6.4
Profit after the effect of the difference between the known index and the "in lieu" index 12.1 38.6 0.7% 1.2%  
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 8013 3721 3117 14851
Balance of financial liabilities on balance-sheet date 8067 3400 2945 14412
Excess of financial assets over financial liabilities -54 321 172 439
Total indexation balance (incl.forwards and options in term of basis assets) 2 82 321 36 439
Main financial ratios - consolidated (percent) 30.09.2001 31.12.2000
Equity/balance-sheet ratio 4.69 4.82
Finanancial capital/equity ratio 61.90 62.56
Equity/risk-weighted-assets ratio 9.42 9.60
Return on equity (net profit/gross weighted-capital ratio) 3 2.20 7.50
Operating income/operating expenses ratio 4 42.52 42.14
 
1 Including foreign-currency indexed NIS.          
2 Forwards transactions.
3 Annual basis.
4 For nine months. Comparative data are annual.
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