Consolidated Balance Sheet
as at December 31, 2006 (audited) |
| ASSETS(LL millions) |
31-December-2006 |
31-December-2005 |
| |
LL |
C/V LL |
TOTAL |
LL |
C/V LL |
TOTAL |
| Cash and Central Banks |
2,340,602 |
3173873 |
5514475 |
2,446,676 |
2,649,820 |
5,096,496 |
| - Cash |
25,592 |
65,936 |
91,528 |
23,317 |
52,498 |
75,815 |
| - Credit risk ceded |
| 212,288 |
212,288 |
|
201,148 |
201,148 |
| - Net Exposure |
2315010 |
2895649 |
5210659 |
2,423,359 |
2,396,174 |
4,819,533 |
| Lebanese Treasury bills and other government bills |
1127695 |
3096712 |
4224407 |
1,432,777 |
1,898,893 |
3,331,670 |
| - Credit risk ceded |
| 478,842 |
478,842 |
|
|
|
| - Net Exposure |
1127695 |
2617870 |
3745565 |
1,432,777 |
1,898,893 |
3,331,670 |
| Bonds and financial instruments with fixed income |
|
679236 |
679236 |
|
743,367 |
743,367 |
| Shares, securities and financial assets with variable income |
8199 |
221013 |
229212 |
9,492 |
194,202 |
203,693 |
| Banks and financial institutions |
71912 |
4780173 |
4852085 |
144,281 |
3,304,547 |
3,448,828 |
| - Current accounts |
14833 |
619631 |
634464 |
12,645 |
532,408 |
545,053 |
| - Time deposits |
57079 |
4160542 |
4217621 |
131,636 |
2,772,139 |
2,903,775 |
| - 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 * |
239287 |
4637795 |
4877082 |
251,412 |
3,468,654 |
3,720,066 |
| - Commercial loans** |
104657 |
3856559 |
3961216 |
107,486 |
2,913,927 |
3,021,413 |
| - Other loans to customers** |
108515 |
489713 |
598228 |
111,129 |
351,143 |
462,272 |
| - Overdraft accounts |
2,643 |
12,107 |
14,750 |
2,358 |
55,448 |
57,806 |
| - Net debtor accounts against creditor and cash collateral accounts |
| 775 |
775 |
|
308 |
308 |
| - Advances to related parties (o.w.cash collateral of LL 136.37 billion as at December end 2006) |
47668 |
190822 |
238490 |
44,572 |
92,231 |
136,803 |
| - Doubtful loans*** |
(24140) |
87828 |
63688 |
(14,133) |
55,597 |
41,464 |
| Bank acceptances |
|
136994 |
136994 |
|
129,184 |
129,184 |
| Investments and related loans |
|
|
|
|
|
|
| Investments and related loans under equity method |
4359 |
17023 |
21382 |
3,951 |
3,201 |
7,152 |
| -Non financial institutions |
4359 |
17023 |
21382 |
3,951 |
3,201 |
7,152 |
| - Financial institutions |
|
|
|
|
|
|
| Tangible fixed assets (including revaluation variance approved by the Central Bank) |
284965 |
175295 |
460260 |
296,155 |
87,842 |
383,997 |
| Intangible fixed assets |
5828 |
6383 |
12211 |
6,760 |
5,453 |
12,213 |
| Other assets |
1391 |
570 |
1961 |
806 |
187 |
993 |
| Regularization accounts and other debtor accounts |
35343 |
101775 |
137118 |
31,065 |
50,862 |
81,927 |
| Revaluation variance on other fixed assets |
|
|
|
|
|
|
| Goodwill |
33838 |
182523 |
216361 |
33,838 |
65,492 |
99,330 |
| |
|
|
|
|
|
|
| |
|
|
|
|
|
|
| TOTAL ASSETS*** |
4153419 |
17209365 |
21362784 |
4,657,213 |
12,647,138 |
17,304,351 |
| * Of which 30% against cash collateral as at December 2006 |
| Back to top |
| **Out of which sub-standard loans amounting to : |
|
|
29244 |
|
|
43,034 |
| ***After deduction of provision for doubtful loansand unrealised interest: |
|
|
165469 |
|
|
113,868 |
| **For sub-standard loans |
|
|
5599 |
|
|
10,875 |
| ***For doubtful loans |
|
|
68729 |
|
|
58,616 |
| Off-Balance Sheet Items |
31-December-2006 |
31-December-2005 |
| |
LL |
C/V LL |
TOTAL |
LL |
C/V LL |
TOTAL |
| Financing commitments received |
|
|
|
|
|
|
| Signature commitments received |
21105 |
103782 |
124887 |
24,630 |
35,483 |
60,113 |
| Financial instruments sold with a buy back option |
|
|
|
|
|
|
| Engagements on term financial instruments |
|
388317 |
388317 |
|
115,250 |
115,250 |
| - Option on forex swap |
|
388317 |
388317 |
|
115250 |
115250 |
| - Option on interest swap |
|
|
|
|
|
|
| Other engagements received |
182310 |
2101816 |
2284126 |
365,202 |
1,900,756 |
2,265,958 |
| Fiduciary assets and Assets under management |
6859 |
4257647 |
4264506 |
6,927 |
3,579,510 |
3,586,437 |
| Custody accounts |
604,408 |
2,550,777 |
3155185 |
491,540 |
2,234,993 |
2,726,533 |
| Forward operations: |
|
774468 |
774468 |
|
860,211 |
860,211 |
| -Foreign currencies to receive |
|
774468 |
774468 |
|
860,211 |
860,211 |
| Bad debts transferred to off balance sheet items |
26404 |
242826 |
269230 |
24,865 |
237,176 |
262,041 |
| Back to top |
Consolidated Balance Sheet
as at December 31, 2006 (audited) |
| LIABILITIES(LL millions) |
31-December-2006 |
31-December-2005 |
| |
LL |
C/V LL |
TOTAL |
LL |
C/V LL |
TOTAL |
| Central Bank |
27,702 |
|
27,702 |
27,726 |
|
27,726 |
| Banks and financial institutions |
3,570 |
281745 |
285315 |
121,244 |
286,885 |
408,129 |
| - Current accounts |
2,408 |
182,333 |
184741 |
10,351 |
130,392 |
140,743 |
| - Time deposits |
1,162 |
99,412 |
100,574 |
110,893 |
156,493 |
267,386 |
| - Sale of financial instruments with an option to rebuy |
|
|
|
|
|
|
| Due to Head office, branches and affiliates |
|
|
|
|
|
|
| - Current accounts |
|
|
|
|
|
|
| - Time deposits |
|
|
|
|
|
|
| Deposits from customers |
3148359 |
14711186 |
17859545 |
3,777,751 |
11,129,191 |
14,906,942 |
| - Sight deposits |
241704 |
1933094 |
2174798 |
235,135 |
1,377,216 |
1,612,351 |
| - Time deposits |
675609 |
6557271 |
7232880 |
974,953 |
4,831,993 |
5,806,946 |
| - Savings accounts |
2196263 |
4596670 |
6792933 |
2,502,706 |
4,081,775 |
6,584,481 |
| - Net creditor and cash collateral accounts against debtor accounts |
29991 |
716551 |
746542 |
56,645 |
756,473 |
813,118 |
| - Related parties accounts |
4792 |
907600 |
912392 |
8,312 |
81,734 |
90,046 |
| Engagements by acceptances |
|
136,994 |
136,994 |
|
129,184 |
129,184 |
| 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 |
140021 |
87994 |
228015 |
97,851 |
70,535 |
168,386 |
| Regularization accounts and other creditor accounts |
10789 |
55794 |
66583 |
9,841 |
37,032 |
46,873 |
| Provisions for risks and charges |
31746 |
13027 |
44773 |
22,463 |
4,152 |
26,615 |
| Subordinated notes |
|
|
|
|
|
|
| Shareholders' equity |
912459 |
1648250 |
2560709 |
669336 |
768012 |
1437348 |
| -Revaluation variance accepted in the supplementary capital |
18,600 |
|
18,600 |
18,600 |
|
18,600 |
| -Share capital |
404,945 |
172372 |
577317 |
304,967 |
109,131 |
414,098 |
| - Group share |
404,162 |
72,586 |
476,748 |
304,162 |
72,586 |
376,748 |
| Ordinary shares 32.766.240 |
|
|
|
|
|
|
| Preferred shares 7.650.000 |
|
|
|
|
|
|
| - Minority share |
783 |
99786 |
100569 |
805 |
36,545 |
37,350 |
| -Reserves for general banking risks |
26,896 |
54079 |
80975 |
24,050 |
41,110 |
65,160 |
| - Group share |
26,885 |
54044 |
80929 |
24,040 |
41,082 |
65,122 |
| - Minority share |
11 |
35 |
46 |
10 |
28 |
38 |
| -Reserves and premiums and equity differences |
221467 |
1305917 |
1527384 |
160,866 |
512,691 |
673,557 |
| - Group share |
219339 |
1307258 |
1526597 |
159,707 |
512,684 |
672,391 |
| - Minority share |
2128 |
(1341) |
787 |
1,159 |
7 |
1,166 |
| -Employees' stock option plan as per IFRS 2 |
|
17,927 |
17,927 |
|
|
|
| -Less: Treasury GDR's |
(1239) |
(10524) |
(11763) |
(519) |
(4,143) |
(4,662) |
| -Profit carried forward |
5347 |
27981 |
33328 |
(932) |
3,343 |
2,411 |
| - Group share |
5310 |
26618 |
31928 |
(957) |
3,316 |
2,359 |
| - Minority share |
37 |
1363 |
1400 |
25 |
27 |
52 |
| -Net income for the year |
213523 |
33892 |
247415 |
149611 |
9920 |
159531 |
| - Group share |
212465 |
34105 |
246570 |
148859 |
9201 |
158060 |
| - Minority share |
1058 |
(213) |
845 |
752 |
719 |
1471 |
| -Cumulative changes in fair value |
22920 |
46606 |
69526 |
12,693 |
95,960 |
108,653 |
| Revaluation variance of fixed assets |
|
|
|
|
|
|
| Income and expense accounts |
|
|
|
|
|
|
| Total Liabilities & Shareholders' Equity |
4274646 |
17088138 |
21362784 |
4,726,212 |
12,578,139 |
17,304,351 |
| Back to top |
|
