| Information and Reporing Unit, Banking Supervision Division | 09/09/2002 | ||||
| Statement for the second quarter - bank | |||||
| Azmauth Mortgage and Development Ltd., Main data, NIS million | |||||
| Taken from the quarterly report to 30.06.2002. Adjusted to the CPI for 06.2002. | |||||
| Summary consolidated balance sheet | 30.06.2002 | 31.12.2001 | Bank's share of the banking system | ||
| 30.06.2002 | 31.12.2001 | ||||
| Cash and deposits in banks | 0 | 0 | 0.1% | 0.0% | |
| Securities | 0 | 0 | 0.0% | 0.0% | |
| Credit to the public | 2,080 | 2,070 | 1.9% | 1.9% | |
| Credit to the government | 0 | 0 | 0.0% | 0.0% | |
| Investments in companies included on an equity basis | 0 | 0 | 0.0% | 0.0% | |
| Buildings and equipment | 5 | 6 | 2.1% | 2.3% | |
| Other assets | 4 | 6 | 1.2% | 1.8% | |
| Total assets | 2,090 | 2,082 | 1.9% | 1.9% | |
| Deposits of the public | 353 | 377 | 0.8% | 0.8% | |
| Deposits of banks | 1,503 | 1,469 | 2.8% | 2.8% | |
| Deposits of the government | 50 | 58 | 3.8% | 3.8% | |
| Bonds and subordinated notes | 11 | 11 | 0.3% | 0.3% | |
| Other liabilities | 8 | 8 | 1.7% | 1.7% | |
| Total liabilities | 1,925 | 1,923 | 1.9% | 1.9% | |
| Quasi-capital items | 0 | 0 | 0.0% | 0.0% | |
| Equity | 165 | 158 | 2.7% | 2.7% | |
| Summary consolidated profit and loss statement | Six months to | Bank's share of the banking system | Three months to | ||
| Six months to | |||||
| 30.06.2002 | 30.06.2001 | 30.06.2002 | 30.06.2001 | 30.06.2002 | |
| Net interest profit before loan-loss provision | 12.4 | 14.7 | 2.4% | 2.6% | 5.5 |
| Loan-loss provision | 2.0 | 2.8 | 1.6% | 2.4% | 1.4 |
| Operating and other income | 13.6 | 13.5 | 3.1% | 3.2% | 6.7 |
| Of which: Operating income | 13.3 | 13.2 | 3.1% | 3.2% | 6.6 |
| Operating and other expenses | 9.9 | 11.0 | 2.9% | 3.1% | 5.0 |
| Of which: Salaries and related expenses | 5.4 | 6.2 | 3.0% | 3.1% | 2.7 |
| Ordinary before-tax provision | 14.1 | 14.4 | 3.0% | 2.8% | 5.8 |
| Provision for taxes on ordinary profit | 7.5 | 6.9 | 3.1% | 2.8% | 3.4 |
| Ordinary after-tax profit | 6.6 | 7.5 | 2.8% | 2.8% | 2.4 |
| 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 | ||||
| Extraordinary after-tax profit | 0.0 | 0.0 | 0.0 | ||
| Net profit | 6.6 | 7.5 | 2.9% | 2.8% | 2.4 |
| Profit after the effect of the difference between the known index and the "in lieu" index | 8.8 | 8.0 | 2.9% | 2.8% | |
| Balances and rates of return on financial items by indexation base on 30.06.2002 | Unindexed NIS | CPI-indexed NIS | Foreign Currency (1) | Total financial items | |
| Balance of financial assets on balance-sheet date | 104 | 1,945 | 35 | 2,085 | |
| Balance of financial liabilities on balance-sheet date | 121 | 1,765 | 38 | 1,924 | |
| Excess of financial assets over financial liabilities | -17 | 181 | -2 | 161 | |
| Additional information on the CPI-indexed sector for the six months to 30.06.2002 | Average balance for six months | Net six monthly interest income (expenses) | Rate of income (expenditure) (2) | ||
| Total financial assets | 1,958 | 28.3 | 2.91 | ||
| Total financial liabilities | 1,787 | -18.2 | -2.05 | ||
| Interest-rate differential | 0.86 | ||||
| Problem borrowers | 30.06.2002 | 31.12.2001 | |||
| Total credit risk dew to problem borrowers | 107 | 106 | |||
| Total credit to problem borrowers | 107 | 106 | |||
| Main financial ratios - consolidated (percent) | 30.06.2002 | 31.12.2001 | |||
| Equity/balance-sheet ratio | 7.88 | 7.60 | |||
| Finanancial capital/equity ratio | 97.82 | 97.35 | |||
| Equity/risk-weighted-assets ratio | 12.80 | 12.70 | |||
| Return on equity (net profit/gross weighted-capital ratio) (3) | 8.50 | 8.40 | |||
| Operating income/operating expenses ratio (4) | 137.37 | 116.02 | |||
| 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. | |||||
| 30 | |||||