Consolidated Balance Sheet
as at March 31, 2007 (unaudited) |
| ASSETS(LL millions) |
31-March-2007 |
31-March-2006 |
| |
LL |
C/V LL |
TOTAL |
LL |
C/V LL |
TOTAL |
| Cash and Central Banks |
2,487,790 |
3,145,980 |
5,633,770 |
2,578,458 |
2,789,847 |
5,368,305 |
| - Cash |
35,067 |
66,975 |
102,042 |
24,634 |
48,333 |
72,967 |
| - Credit risk ceded |
- |
211,835 |
211,835 |
|
|
|
| - Net Exposure |
2,452,723 |
2,867,170 |
5,319,893 |
2,553,824 |
2,741,514 |
5,295,338 |
| Lebanese Treasury bills and other government bills |
1,018,288 |
3,116,966 |
4,135,254 |
1,490,530 |
1,832,727 |
3,323,257 |
| - Credit risk ceded |
|
540,700 |
540,700 |
|
|
|
| - Net Exposure |
1,018,288 |
2,576,266 |
3,594,554 |
1,490,530 |
1,832,727 |
3,323,257 |
| Bonds and financial instruments with fixed income |
|
672,321 |
672,321 |
|
889,515 |
889,515 |
| Shares, securities and financial assets with variable income |
8,259 |
183,934 |
192,193 |
14,297 |
205,827 |
220,124 |
| Banks and financial institutions |
47,536 |
3,673,939 |
3,721,475 |
58,773 |
3,817,081 |
3,875,854 |
| - Current accounts |
6,815 |
570,537 |
577,352 |
6,321 |
601,519 |
607,840 |
| - Time deposits |
40,721 |
3,103,402 |
3,144,123 |
52,452 |
3,215,562 |
3,268,014 |
| - 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 * |
261,043 |
5,076,913 |
5,337,956 |
243,477 |
3,534,343 |
3,777,820 |
| - Commercial loans** |
139,395 |
4,267,830 |
4,407,225 |
101,182 |
2,928,652 |
3,029,834 |
| - Other loans to customers** |
76,228 |
458,888 |
535,116 |
108,961 |
430,420 |
539,381 |
| - Overdraft accounts |
2,657 |
32,041 |
34,698 |
3,969 |
24,091 |
28,060 |
| - Net debtor accounts against creditor and cash collateral accounts |
|
209 |
209 |
|
112 |
112 |
| - Advances to related parties (o.w.cash collateral of LL . billion as at March end 2007) |
49,095 |
250,333 |
299,428 |
45,703 |
90,900 |
136,603 |
| - Doubtful loans*** |
(6,332) |
67,612 |
61,280 |
(16,338) |
60,168 |
43,830 |
| Bank acceptances |
|
162,050 |
162,050 |
|
115,970 |
115,970 |
| Investments and related loans |
1 |
48,582 |
48,583 |
1 |
188,731 |
188,732 |
| Investments and related loans under equity method |
4,226 |
17,710 |
21,936 |
|
|
|
| -Non financial institutions |
4,226 |
17,710 |
21,936 |
|
|
|
| - Financial institutions |
|
|
|
|
|
|
| Tangible fixed assets
(including revaluation variance approved by the Central Bank) |
282,265 |
203,447 |
485,712 |
293,265 |
88,571 |
381,836 |
| Intangible fixed assets |
5,488 |
6,619 |
12,107 |
7,069 |
5,999 |
13,068 |
| Other assets |
1,393 |
407 |
1,800 |
1,308 |
755 |
2,063 |
| Regularization accounts and other debtor accounts |
47,133 |
92,186 |
139,319 |
40,804 |
69,342 |
110,146 |
| Revaluation variance on other fixed assets |
|
|
|
|
|
|
| Goodwill |
33,838 |
181,247 |
215,085 |
33,838 |
66,796 |
100,634 |
| |
|
|
|
|
|
|
| |
|
|
|
|
|
|
| TOTAL ASSETS*** |
4,197,260 |
16,582,301 |
20,779,561 |
4,761,820 |
13,605,504 |
18,367,324 |
| * Of which 30% against cash collateral as at March 2007 |
| Back to top |
| **Out of which sub-standard loans amounting to : |
|
|
30,646 |
|
|
41,894 |
| ***After deduction of provision for doubtful loansand unrealised interest: |
|
|
163,112 |
|
|
113,055 |
| **For sub-standard loans |
|
|
5,923 |
|
|
11,139 |
| ***For doubtful loans |
|
|
71,484 |
|
|
58,660 |
| Off-Balance Sheet Items |
|
| Financing commitments received |
|
|
|
|
|
|
| Signature commitments received |
19,827 |
112,085 |
131,912 |
23,456 |
61,420 |
84,876 |
| Financial instruments sold with a buy back option |
|
|
|
|
|
|
| Engagements on term financial instruments |
|
|
|
|
|
|
| - Option on forex swap |
|
|
|
|
|
|
| - Option on interest swap |
|
|
|
|
|
|
| Other engagements received |
225,898 |
2,457,196 |
2,683,094 |
304,753 |
1,921,016 |
2,225,769 |
| Fiduciary assets and Assets under management |
6,630 |
4,678,075 |
4,684,705 |
6,610 |
3,573,555 |
3,580,165 |
| Custody accounts |
888,651 |
2,527,064 |
3,415,715 |
458,356 |
2,531,566 |
2,989,922 |
| Forward operations: |
|
872,902 |
872,902 |
|
885,019 |
885,019 |
| -Foreign currencies to receive |
|
872,902 |
872,902 |
|
885,019 |
885,019 |
| Bad debts transferred to off balance sheet items |
27,008 |
242,681 |
269,689 |
25,396 |
240,918 |
266,314 |
| Back to top |
Consolidated Balance Sheet
as at March 31, 2007 (unaudited) |
| LIABILITIES(LL millions) |
31-March-2007 |
31-March-2006 |
| |
LL |
C/V LL |
TOTAL |
LL |
C/V LL |
TOTAL |
| Central Bank |
|
|
|
27,690 |
860 |
28,550 |
| Banks and financial institutions |
3,381 |
240,590 |
243,971 |
120,076 |
269,948 |
390,024 |
| - Current accounts |
2,318 |
109,015 |
111,333 |
4,995 |
141,930 |
146,925 |
| - Time deposits |
1,063 |
131,575 |
132,638 |
115,081 |
128,018 |
243,099 |
| - Sale of financial instruments with an option to rebuy |
|
|
|
|
|
|
| Due to Head office, branches and affiliates |
|
|
|
|
|
|
| - Current accounts |
|
|
|
|
|
|
| - Time deposits |
|
|
|
|
|
|
| Deposits from customers |
3,147,974 |
14,024,351 |
17,172,325 |
3,877,048 |
11,276,340 |
15,153,388 |
| - Sight deposits |
261,047 |
1,779,233 |
2,040,280 |
255,539 |
1,359,424 |
1,614,963 |
| - Time deposits |
667,738 |
6,653,204 |
7,320,942 |
988,832 |
4,758,074 |
5,746,906 |
| - Savings accounts |
2,184,564 |
4,737,099 |
6,921,663 |
2,549,033 |
4,190,584 |
6,739,617 |
| - Net creditor and cash collateral accounts against debtor accounts |
30,184 |
706,265 |
736,449 |
57,558 |
824,754 |
882,312 |
| - Related parties accounts |
4,441 |
148,550 |
152,991 |
26,086 |
143,504 |
169,590 |
| Engagements by acceptances |
|
162,050 |
162,050 |
|
115,970 |
115,970 |
| Liabilities under financial instruments |
|
157,143 |
157,143 |
|
165,093 |
165,093 |
| - Certificates of deposit |
|
157,143 |
157,143 |
|
165,093 |
165,093 |
| - Debenture bonds |
|
|
|
|
|
|
| - Other liabilities under financial instruments |
|
|
|
|
|
|
| Other liabilities |
153,362 |
116,278 |
269,640 |
116,329 |
849,373 |
965,702 |
| Regularization accounts and other creditor accounts |
19,098 |
57,064 |
76,162 |
23,551 |
50,637 |
74,188 |
| Provisions for risks and charges |
33,560 |
13,499 |
47,059 |
21,931 |
3,867 |
25,798 |
| Subordinated notes |
|
|
|
|
|
|
| Shareholders' equity |
915,486 |
1,663,751 |
2,579,237 |
599,400 |
794,164 |
1,393,564 |
| -Revaluation variance accepted in the supplementary capital |
18,600 |
|
18,600 |
18,600 |
|
18,600 |
| -Share capital |
404,945 |
173,799 |
578,744 |
304,949 |
110,734 |
415,683 |
| - 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 |
101,213 |
101,996 |
787 |
38,148 |
38,935 |
| -Reserves for general banking risks |
26,896 |
54,297 |
81,193 |
35,251 |
43,039 |
78,290 |
| - Group share |
26,885 |
54,262 |
81,147 |
35,240 |
43,011 |
78,251 |
| - Minority share |
11 |
35 |
46 |
11 |
28 |
39 |
| -Reserves and premiums and equity differences |
227,860 |
1,324,171 |
1,552,031 |
195,497 |
514,516 |
710,013 |
| - Group share |
225,723 |
1,324,820 |
1,550,543 |
193,701 |
513,763 |
707,464 |
| - Minority share |
2,137 |
(649) |
1,488 |
1,796 |
753 |
2,549 |
| -Employees' stock option plan as per IFRS 2 |
14 |
22,276 |
22,290 |
|
|
|
| -Less: Treasury GDR's |
(189) |
(1,521) |
(1,710) |
(435) |
(4,460) |
(4,895) |
| -Profit carried forward |
5,347 |
12,784 |
18,131 |
20,847 |
10,621 |
31,468 |
| - Group share |
5,310 |
11,421 |
16,731 |
20,688 |
10,667 |
31,355 |
| - Minority share |
37 |
1,363 |
1,400 |
159 |
(46) |
113 |
| -Net income for the year |
212,682 |
34,805 |
247,487 |
|
|
|
| - Group share |
211,634 |
34,813 |
246,447 |
|
|
|
| - Minority share |
|
