Information and Reporing Unit, Banking Supervision Division					07/09/2003
Statement for the second quarter - consolidated
Israel Discount Bank Ltd. and its subsidiaries, Main data, NIS million
Taken from the quarterly report to 30.06.2003. Adjusted to the CPI for  06.2003.
Summary consolidated balance sheet	30.06.2003	31.12.2002	Bank's share of the banking system
			30.06.2003	31.12.2002
Cash and deposits in banks	17,928	19,052	18.2%	19.7%
Securities	37,033	37,201	31.8%	32.8%
Credit to the public	73,641	75,381	13.1%	12.9%
Credit to the government	440	560	6.6%	7.0%
Investments in companies included on an equity basis	1,206	1,287	33.9%	35.3%
Buildings and equipment	2,081	1,983	19.7%	18.9%
Other assets	3,811	3,734	16.3%	17.8%
Total assets	136,140	139,198	16.6%	16.6%
Deposits of the public	117,461	121,420	17.5%	17.6%
Deposits of banks	4,487	4,109	19.6%	18.3%
Deposits of the government	167	169	1.0%	0.9%
Bonds and subordinated notes	3,900	3,840	10.2%	10.3%
Other liabilities	3,790	4,071	13.9%	16.5%
Total liabilities	129,805	133,609	16.7%	16.8%
Quasi-capital items	0	0	0.0%	0.0%
Minority shareholders' rights	488	455
Equity	5,847	5,134	13.4%	12.6%
Summary consolidated profit and loss statement	six months to		Bank's share of the banking system		three months to
			six months to
	30.06.2003	30.06.2002	30.06.2003	30.06.2002	30.06.2003
Net interest profit before loan-loss provision	1,539.0	1,316.0	15.7%	16.9%	801.0
Loan-loss provision	392.0	472.0	12.9%	16.7%	232.0
Operating and other income	1,007.0	907.0	18.3%	17.3%	544.0
Of which: Operating income	792.0	768.0	17.8%	17.4%	405.0
Operating and other expenses	1,767.0	1,709.0	19.5%	19.5%	881.0
Of which: Salaries and related expenses	1,119.0	1,041.0	20.3%	19.5%	555.0
Ordinary before-tax provision	387.0	42.0	11.8%	2.2%	232.0
Provision for taxes on ordinary profit	263.0	166.0	14.9%	15.7%	139.0
Ordinary after-tax profit	124.0	-124.0	8.1%	not calculated	93.0
Bank's share in the profit of subsidiaries	69.0	-34.0			47.0
Share of minority shareholders in profit of consolidated companies	-33.0	-8.0			-18.0
Extraordinary after-tax profit	-155.0	42.0			-6.0
Net profit	5.0	-124.0	0.3%	not calculated	116.0
Profit after the effect of the difference between the known index and the "in lieu" index	-3.0	-79.0	not calculated	not calculated
Balances and rates of return on financial items by indexation base on 30.06.2003	Unindexed NIS	CPI-indexed  NIS	Foreign Currency (1)	Total financial items
Balance of financial assets on balance-sheet date	41,129	25,754	64,938	131,821
Balance of financial liabilities on balance-sheet date	44,262	23,443	62,013	129,718
Excess of financial assets over financial liabilities	-3,133	2,311	2,925	2,103
Total indexation balance (incl.forwards and options in term of basis assets) 2	1,007	1,767	-672	2,102
Rate of income on assets (percent) 3	11.05	7.10	-10.83	-2.38
Rate of expenditure on liabilities (percent) 3	-8.54	-5.49	11.94	4.04
Interest-rate differential	2.51	1.61	1.10	1.66
Problem borrowers	30.06.2003	31.12.2002
Total credit risk dew to problem borrowers	9,461	9,936
Total credit  to problem borrowers	8,915	9,318
Main financial ratios - consolidated (percent)	30.06.2003	31.12.2002
Equity/balance-sheet ratio	4.29	3.69
Finanancial capital/equity ratio	35.97	33.25
Equity/risk-weighted-assets ratio	9.44	9.35
Return on equity (net profit/gross weighted-capital ratio) 4	0.20	-0.70
Operating income/operating expenses ratio 5	56.99	49.10
1 Including foreign-currency indexed NIS.
2 Forwards transactions.
3 Six-month rate of income (expenses), on annual basis including hedging, embedded and ALM derivatives.
4 Annual basis.
5 For six months. Comparative data are annual.
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