
Information and Reporing Unit, Banking Supervision Division					14/12/2004
Statement for the second quarter - bank
Industrial Dev. Bank Ltd. , Main data, NIS million
Taken from the quarterly report to 30.06.2004, reported amounts at 30.06.2004 (2003 in adjusted amounts).

Summary balance sheet	30.06.2004	31.12.2003	Bank's share of the banking system
Summary balance sheet	30.06.2004	31.12.2003	30.06.2004	31.12.2003
Cash and deposits in banks (*)	144	144	0.1%	0.1%
Securities	75	85	0.1%	0.1%
Credit to the public	8,802	9,190	1.5%	1.6%
Credit to the government	897	905	18.0%	15.8%
Investments in companies included on an equity basis	0	0	0.0%	0.0%
Buildings and equipment	3	5	0.0%	0.0%
Other assets	21	28	0.1%	0.1%
Total assets	9,942	10,356	1.2%	1.2%
Deposits of the public	526	620	0.1%	0.1%
Deposits of banks (*)	1,792	2,173	7.1%	8.9%
Deposits of the government	7,024	6,949	42.7%	41.0%
Bonds and subordinated notes	29	28	0.1%	0.1%
Other liabilities	58	76	0.2%	0.3%
Total liabilities	9,428	9,847	1.2%	1.2%
Quasi-capital items	323	314	100.0%	100.0%
Minority shareholders' rights	0	0
Equity	191	196	0.4%	0.4%

Summary profit and loss statement	Six months to		Bank's share of the banking system		THREE MONTHS TO
	Six months to		Six months to		THREE MONTHS TO
	30.06.2004	30.06.2003	30.06.2004	30.06.2003	30.06.2004
Net interest profit before loan-loss provision	38.5	17.5	0.4%	0.2%	20.9
Loan-loss provision	39.2	67.2	1.6%	2.2%	21.1
Operating and other income	20.6	11.7	0.3%	0.2%	9.1
Of which: Operating income	1.9	3.7	0.0%	0.1%	1.0
Operating and other expenses	23.2	32.2	0.2%	0.4%	10.4
Of which: Salaries and related expenses	10.2	15.8	0.2%	0.3%	3.8
Ordinary before-tax provision	-3.3	-74.4	not calculated	not calculated	-1.5
Provision for taxes on ordinary profit	0.0	-2.7	0.0%	not calculated	0.0
Ordinary after-tax profit	-3.3	-71.7	not calculated	not calculated	-1.5
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	0.2	0.1			0.2
Net profit	-3.1	-71.6	not calculated	not calculated	-1.3


Balances and rates of return on financial items by indexation base on 30.06.2004	Unindexed NIS	CPI-indexed NIS	Foreign Currency (1)	Total financial items
Balance of financial assets on balance-sheet date	963	1,765	7,143	9,871
Balance of financial liabilities on balance-sheet date	2,011	641	6,775	9,427
Excess of financial assets over financial liabilities	-1,048	1,124	368	444
Total indexation balance (incl.forwards and options in term of basis assets) 2	-508	917	36	444
Rate of income on assets (percent) 3	6.27	7.96	13.96	12.08
Rate of expenditure on liabilities (percent) 3	-4.46	-5.69	-13.83	-11.20
Interest-rate differential	1.81	2.27	0.13	0.89

Problem borrowers	30.06.2004	31.12.2003
Total credit risk dew to problem borrowers	1,411	1,447
Total credit to problem borrowers	1,246	1,260

Main financial ratios - percent	30.06.2004	31.12.2003
Equity/balance-sheet ratio	1.92	1.89
Finanancial capital/equity ratio	232.55	220.91
Equity/risk-weighted-assets ratio	-0.65	-0.28
Return on equity (net profit/gross weighted-capital ratio) 4	-3.19	-37.47
Operating income/operating expenses ratio 5	88.79	34.47

^{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.}
					20
^{(*) See note no. 5.1.4 in the introduction.}