Information and Reporing Unit, Banking Supervision Division					03/12/2002
Statement for the third quarter - consolidated
Mishkan Bank Hapoalim Lemashkantaot Ltd. and its subsidiaries, Main data, NIS million
Taken from the quarterly report to 30.09.2002. Adjusted to the CPI for  09.2002.
Summary consolidated balance sheet	30.09.2002	31.12.2001	Bank's share of the banking system
			30.09.2002	31.12.2001
Cash and deposits in banks	23	12	10.2%	1.1%
Securities	1	1	0.2%	5.6%
Credit to the public	26,935	26,051	24.5%	24.4%
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	85	87	33.6%	34.3%
Other assets	27	26	7.0%	8.7%
Total assets	27,071	26,177	24.3%	24.1%
Deposits of the public	10,865	10,850	24.4%	24.3%
Deposits of banks	13,529	12,634	24.8%	24.3%
Deposits of the government	470	543	36.0%	34.7%
Bonds and subordinated notes	579	651	14.7%	16.9%
Other liabilities	112	109	24.6%	23.1%
Total liabilities	25,555	24,787	24.4%	24.2%
Quasi-capital items	0	0	0.0%	0.0%
Minority shareholders' rights	0	0	0.0%	0.0%
Equity	1,516	1,390	23.8%	23.4%
Summary consolidated profit and loss statement	Nine months to		Bank's share of the banking system		Three months to
			Nine months to
	30.09.2002	30.09.2001	30.09.2002	30.09.2001	30.09.2002
Net interest profit before loan-loss provision	230.0	204.0	26.1%	22.9%	83.0
Loan-loss provision	46.0	53.0	22.5%	23.5%	18.0
Operating and other income	161.0	161.0	24.7%	25.1%	51.0
Of which: Operating income	161.0	161.0	25.4%	25.7%	51.0
Operating and other expenses	120.0	136.0	22.7%	25.0%	41.0
Of which: Salaries and related expenses	57.0	68.0	20.2%	23.1%	21.0
Ordinary before-tax provision	225.0	176.0	28.2%	23.0%	75.0
Provision for taxes on ordinary profit	99.0	82.0	26.8%	22.3%	29.0
Ordinary after-tax profit	126.0	94.0	29.4%	23.7%	46.0
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	126.0	94.0	29.5%	23.8%	46.0
Profit after the effect of the difference between the known index and the "in lieu" index	132.0	98.0	29.1%	23.9%
Balances and rates of return on financial items by indexation base on 30.09.2002	Unindexed NIS	CPI-indexed  NIS	Foreign Currency (1)	Total financial items
Balance of financial assets on balance-sheet date	1,005	25,235	743	26,983
Balance of financial liabilities on balance-sheet date	1,303	23,484	756	25,543
Excess of financial assets over financial liabilities	-298	1,751	-13	1,440
Total indexation balance (incl.forwards)	-298	1,751	-13	1,440
Additional information on the CPI-indexed sector for the nine months to 30.09.2002	Average balance for nine months	Net nine monthly interest income (expenses)		Rate of income  (expenditure) (2)
Total financial assets	25,312	934.0		4.95
Total financial liabilities	23,429	-770.0		-4.41
Interest-rate differential				0.54
Problem borrowers	30.09.2002	31.12.2001
Total credit risk dew to problem borrowers	970	841
Total credit  to problem borrowers	970	841
Main financial ratios - consolidated (percent)	30.09.2002	31.12.2001
Equity/balance-sheet ratio	5.60	5.31
Finanancial capital/equity ratio	94.99	93.67
Equity/risk-weighted-assets ratio	9.47	9.40
Return on equity (net profit/gross weighted-capital ratio) (4)	12.20	11.10
Operating income/operating expenses ratio (5)	134.17	125.73
1 Including foreign-currency indexed NIS.
2 Nine-month rate of income (expenses), on annual basis including ALM derivatives.
3 Annual basis.
4 For nine months. Comparative data are annual.
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