Information and Reporing Unit, Banking Supervision Division					02/12/2003
Statement for the third quarter - bank
Industrial Dev. Bank Ltd., Main data, NIS million
Taken from the quarterly report to 30.09.2003. Adjusted to the CPI for  09.2003.
Summary  balance sheet	30.09.2003	31.12.2002	Bank's share of the banking system
			30.09.2003	31.12.2002
Cash and deposits in banks	102	245	0.1%	0.3%
Securities	82	72	0.1%	0.1%
Credit to the public	9,565	10,952	1.7%	1.9%
Credit to the government	945	992	14.6%	12.6%
Investments in companies included on an equity basis	0	1	0.0%	0.0%
Buildings and equipment	6	10	0.1%	0.1%
Other assets	33	52	0.1%	0.3%
Total assets	10,732	12,324	1.3%	1.5%
Deposits of the public	660	1,297	0.1%	0.2%
Deposits of banks	2,181	2,481	9.6%	11.1%
Deposits of the government	7,267	7,743	41.8%	42.5%
Bonds and subordinated notes	29	36	0.1%	0.1%
Other liabilities	79	157	0.3%	0.6%
Total liabilities	10,217	11,712	1.3%	1.5%
Quasi-capital items	319	335	100.0%	100.0%
Equity	196	277	0.4%	0.7%
Summary  profit and loss statement	nine months to		Bank's share of the banking system		three months to
			nine months to
	30.09.2003	30.09.2002	30.09.2003	30.09.2002	30.09.2003
Net interest profit before loan-loss provision	28.3	70.4	0.2%	0.6%	15.1
Loan-loss provision	93.2	233.3	2.1%	5.2%	26.5
Operating and other income	11.8	10.2	0.1%	0.1%	2.0
Of which: Operating income	7.8	13.3	0.1%	0.2%	2.0
Operating and other expenses	47.5	98.2	0.4%	0.7%	16.5
Of which: Salaries and related expenses	23.7	74.3	0.3%	0.9%	7.8
Ordinary  profit before-tax provision	-100.6	-250.9	not calculated	not calculated	-25.9
Provision for taxes on ordinary profit	-2.7	0.2	not calculated	0.0%	0.0
Ordinary profit after-tax	-97.9	-251.1	not calculated	not calculated	-25.9
Bank's share in the profit of subsidiaries	-0.4	-0.5			-0.4
Share of minority shareholders in profit of consolidated companies
Extraordinary after-tax profit	-0.2	6.5			-0.3
Net profit	-98.5	-245.1	not calculated	not calculated	-26.6
Profit after the effect of the difference between the known index and the "in lieu" index	-99.9	-241.6	not calculated	not calculated
Balances and rates of return on financial items by indexation base on 30.09.2003	Unindexed NIS	CPI-indexed  NIS	Foreign Currency (1)	Total financial items
Balance of financial assets on balance-sheet date	1,230	2,000	7,424	10,655
Balance of financial liabilities on balance-sheet date	2,287	979	6,949	10,215
Excess of financial assets over financial liabilities	-1,056	1,021	476	440
Total indexation balance (incl.forwards and options in term of basis assets)	-407	849	-2	440
Rate of income on assets (percent) 2	11.48	4.73	1.65	3.72
Rate of expenditure on liabilities (percent) 2	-11.34	-3.07	-1.39	-3.58
Interest-rate differential	0.14	1.66	0.26	0.14
Problem borrowers	30.09.2003	31.12.2002
Total credit risk dew to problem borrowers	1,449	1,458
Total credit  to problem borrowers	1,273	1,268
Main financial ratios - consolidated (percent)	30.09.2003	31.12.2002
Equity/balance-sheet ratio	1.82	2.25
Finanancial capital/equity ratio	224.87	205.67
Equity/risk-weighted-assets ratio	-0.24	2.86
Return on equity (net profit/gross weighted-capital ratio)  3	לא פורסם	לא פורסם
Operating income/operating expenses ratio 4	24.84	10.14
1 Including foreign-currency indexed NIS.
2 Nine-month rate of income (expenses), on annual basis including hedging, embedded and ALM derivatives.
3 Annual basis.
4 For nine months. Comparative data are annual.
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