| ASSETS |
30-June-2005 |
30-June-2004 |
| |
LL |
C/V LL |
TOTAL |
LL |
C/V LL |
TOTAL |
| Cash and Central Banks |
2,648,821 |
2,554,283 |
5,203,104 |
2,940,758 |
1,864,632 |
4,805,390 |
Lebanese Treasury bills and other government bills |
881,243 |
1,499,102 |
2,380,345 |
1,186,469 |
1,417,175 |
2,603,644 |
Bonds and financial instruments with fixed income |
|
635,200 |
635,200 |
|
474,953 |
474,953 |
Marketable securities and financial instruments with variable income |
759 |
11,856 |
12,615 |
718 |
18,670 |
19,388 |
Banks and financial institutions |
38,066 |
2,817,389 |
2,855,455 |
45,481 |
2,857,779 |
2,903,260 |
| - Current accounts |
13,783 |
709,541 |
723,324 |
8,895 |
502,574 |
511,469 |
| - Time deposits |
24,283 |
2,107,848 |
2,132,131 |
36,586 |
2,355,205 |
2,391,791 |
| - Purchase of financial instruments with an option to resell |
|
|
|
|
|
|
Due from Head office, branches and affiliates |
|
|
|
|
|
|
| - Current accounts |
|
|
|
|
|
|
| - Time deposits |
|
|
|
|
|
|
| Loans and advances to customers |
276,420 |
3,360,984 |
3,637,404 |
236,284 |
2,867,869 |
3,104,153 |
| - Commercial loans* |
150,263 |
2,726,787 |
2,877,050 |
114,084 |
2,023,488 |
2,137,572 |
| - Other loans to customers* |
84,824 |
423,768 |
508,592 |
95,250 |
584,161 |
679,411 |
| - Overdraft accounts |
3,280 |
27,043 |
30,323 |
2,500 |
19,213 |
21,713 |
| - Net debtor accounts against creditor and cash collateral accounts |
|
|
|
|
|
|
| - Advances to related parties (o.w.cash collateral of LL 59.16 billion as at June end 2005) |
40,570 |
100,899 |
141,469 |
36,813 |
105,063 |
141,876 |
| - Doubtful loans** |
(2,517) |
82,487 |
79,970 |
(12,363) |
135,944 |
123,581 |
| Bank acceptances |
|
112,983 |
112,983 |
|
120,976 |
120,976 |
| Investments and related loans |
14,166 |
121,354 |
135,520 |
13,637 |
76,599 |
90,236 |
| Investments and related loans under equity method |
|
|
|
|
|
|
| -Non financial institutions |
|
|
|
|
|
|
| - Financial institutions |
|
|
|
|
|
|
| Tangible fixed assets (including revaluation variance approved by the Central Bank) |
293,250 |
80,295 |
373,545 |
303,723 |
54,821 |
358,544 |
| Intangible fixed assets |
6,711 |
2,568 |
9,279 |
3,731 |
1,636 |
5,367 |
| Other assets |
805 |
1,036 |
1,841 |
851 |
624 |
1,475 |
| Regularisation accounts and other debtor accounts |
38,245 |
61,813 |
100,058 |
29,629 |
95,277 |
124,906 |
| Revaluation variance on other fixed assets |
|
|
|
|
|
|
| Goodwill |
33,838 |
65,710 |
99,548 |
5,184 |
86,650 |
91,834 |
| |
|
|
|
|
|
|
| TOTAL ASSETS** |
4,232,324 |
11,324,573 |
15,556,897 |
4,766,465 |
9,937,661 |
14,704,126 |
| *Out of wich sub-standard loans amounting to : |
|
|
53,024 |
|
|
78,723 |
** After deduction of provision for doubtful loans
and unrealised interest: |
|
|
103,769 |
|
|
125,149 |
| *For sub-standard loans |
|
|
11,533 |
|
|
16,109 |
| **For doubtful loans |
|
|
59,363 |
|
|
95,157 |
| Off-Balance Sheet Items |
| Financing commitments received |
|
|
|
|
|
|
| Signature commitments received |
26,892 |
79,908 |
106,800 |
15,413 |
34,858 |
50,271 |
| Financial instruments sold with a buy back option |
|
|
|
|
56,405 |
56,405 |
| Engagements on financial instruments |
|
|
|
|
49,992 |
49,992 |
| - Option on forex swap |
|
|
|
|
4,767 |
4,767 |
| - Option on interest swap |
|
|
|
|
45,225 |
45,225 |
| Other engagements received |
414,659 |
1,864,034 |
2,278,693 |
407,319 |
1,476,213 |
1,883,532 |
| Fiduciary assets, Custody accounts and Assets under management |
473,748 |
5,292,975 |
5,766,723 |
367,565 |
4,413,858 |
4,781,423 |
| Forward operations: |
|
1,436,925 |
1,436,925 |
|
1,734,976 |
1,734,976 |
| -Foreign currencies to receive |
|
1,436,925 |
1,436,925 |
|
1,734,976 |
1,734,976 |
| -Currency options market value |
|
|
|
|
|
|
| Bad debts classified under off balance sheet items |
23,639 |
232,721 |
256,360 |
24,760 |
152,029 |
176,789 |
| Back to top |
Consolidated Balance Sheet
as at June 30, 2005(unaudited) |
| LIABILITIES |
30-June-2005 |
30-June-2004 |
| |
LL |
C/V LL |
TOTAL |
LL |
C/V LL |
TOTAL |
| Central Bank of Lebanon |
57,946 |
1,185 |
59,131 |
57,959 |
|
57,959 |
| Banks and financial institutions |
129,278 |
506,930 |
636,208 |
167,412 |
777,642 |
945,054 |
| - Current accounts |
3,343 |
305,478 |
308,821 |
6,196 |
331,145 |
337,341 |
| - Time deposits |
125,935 |
201,452 |
327,387 |
161,216 |
446,497 |
607,713 |
| - Sale of financial instruments with an option to rebuy |
|
|
|
|
|
|
| Due to Head office, branches and affiliates |
|
|
|
|
|
|
| - Current accounts |
|
|
|
|
|
|
| - Time deposits |
|
|
|
|
|
|
| Deposits from customers |
3,337,427 |
9,913,753 |
13,251,180 |
3,946,608 |
8,418,375 |
12,364,983 |
| - Sight deposits |
250,803 |
1,356,484 |
1,607,287 |
295,088 |
1,018,507 |
1,313,595 |
| - Time deposits |
864,580 |
3,470,714 |
4,335,294 |
986,094 |
3,425,947 |
4,412,041 |
| - Savings accounts |
2,166,926 |
4,209,265 |
6,376,191 |
2,528,835 |
3,216,002 |
5,744,837 |
| - Net creditor and cash collateral accounts against debtor accounts |
47,625 |
794,383 |
842,008 |
101,618 |
596,885 |
698,503 |
| - Related parties accounts |
7,493 |
82,907 |
90,400 |
34,973 |
161,034 |
196,007 |
| Engagements by acceptances |
|
112,983 |
112,983 |
|
120,976 |
120,976 |
| Liabilities under financial instruments |
|
153,148 |
153,148 |
|
153,148 |
153,148 |
| - Certificates of deposit |
|
153,148 |
153,148 |
|
153,148 |
153,148 |
| - Debenture bonds |
|
|
|
|
|
|
| - Other liabilities under financial instruments |
|
|
|
|
|
|
| Other liabilities |
63,270 |
86,219 |
149,489 |
53,614 |
73,534 |
127,148 |
| Regularisation accounts and other creditor accounts |
89,547 |
24,165 |
113,712 |
12,911 |
35,758 |
48,669 |
| Provisions for risks and charges |
21,659 |
10,478 |
32,137 |
18,257 |
5,842 |
24,099 |
| Subordinated notes |
|
|
|
|
|
|
| Shareholders' equity |
504,950 |
477,070 |
982,020 |
474,679 |
344,678 |
819,357 |
| -Revaluation variance accepted in the supplementary capital |
18,600 |
|
18,600 |
18,600 |
|
18,600 |
| -Share capital |
292,467 |
73,009 |
365,476 |
55,523 |
75,920 |
131,443 |
| - Group share |
291,662 |
72,586 |
364,248 |
54,235 |
72,586 |
126,821 |
| Ordinary shares 22.766.240 |
|
|
|
|
|
|
| Preferred shares 6.400.000 |
|
|
|
|
|
|
| - Minority share |
805 |
423 |
1,228 |
1,288 |
3,334 |
4,622 |
| -Reserves for general banking risks |
28,920 |
36,084 |
65,004 |
23,507 |
46,187 |
69,694 |
| - Group share |
28,910 |
36,056 |
64,966 |
23,499 |
46,168 |
69,667 |
| - Minority share |
10 |
28 |
38 |
8 |
19 |
27 |
| -Reserves and premiums and equity differences |
159,459 |
336,891 |
496,350 |
367,783 |
244,835 |
612,618 |
| - Group share |
158,290 |
336,826 |
495,116 |
368,411 |
238,775 |
607,186 |
| - Minority share |
1,169 |
65 |
1,234 |
(628) |
6,060 |
5,432 |
| - Less : Treasury GDR's |
(311) |
(349) |
(660) |
(1,316) |
(24,776) |
(26,092) |
| -Profit carried forward |
(16) |
3,448 |
3,432 |
|
|
|
| - Group share |
(24) |
3,475 |
3,451 |
|
|
|
| - Minority share |
8 |
(27) |
(19) |
|
|
|
| -Net income for the year |
|
|
|
|
|
|
| - Group share |
|
|
|
|
|
|
| - Minority share |
|
|
|
|
|
|
| -Cumulative changes in fair value |
5,831 |
27,987 |
33,818 |
10,582 |
2,512 |
13,094 |
| Revaluation variance of fixed assets |
|
|
|
|
|
|
| Income and expense accounts |
66,589 |
300 |
66,889 |
38,632 |
4,101 |
42,733 |
| Total Liabilities & Shareholders' Equity |
4,270,666 |
11,286,231 |
15,556,897 |
4,770,072 |
9,934,054 |
14,704,126 |
| Back to top |
|
