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Assets
Liabilities & Shareholders' Equity

Consolidated Balance Sheet as at September 30, 2006 (unaudited)
ASSETS(LL millions)	30-September-2006			30-September-2005
	LL	C/V LL	TOTAL	LL	C/V LL	TOTAL
Cash and Central Banks	2,450,620	2,881,745	5,332,365	2,507,934	2,523,201	5,031,135
- Cash	32,535	70,226	102,761	28,275	56,335	84,610
- Credit risk ceded		210,904	210,904		174,791	174,791
- Net Exposure	2,418,085	2,600,615	5,018,700	2,479,659	2,292,075	4,771,734
Lebanese Treasury bills and other government bills	983,107	3,153,451	4,136,558	1,334,326	1,650,990	2,985,316
- Credit risk ceded		351,333	351,333
- Net Exposure	983,107	2,802,118	3,785,225	1,334,326	1,650,990	2,985,316
Bonds and financial instruments with fixed income		709,668	709,668		624,737	624,737
Shares, securities and financial assets with variable income	9,325	206,002	215,327	11,122	137,921	149,043
Banks and financial institutions	137,422	3,842,546	3,979,968	86,012	3,241,957	3,327,969
- Current accounts	2,566	429,475	432,041	6,882	548,350	555,232
- Time deposits	134,856	3,413,071	3,547,927	79,130	2,693,607	2,772,737
- 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 *	235,991	4,410,137	4,646,128	277,220	3,259,378	3,536,598
- Commercial loans**	101,164	3,695,799	3,796,963	153,210	2,644,777	2,797,987
- Other loans to customers**	108,957	431,732	540,689	83,427	393,570	476,997
- Overdraft accounts	3,707	18,879	22,586	3,276	29,279	32,555
- Net debtor accounts against creditor and cash collateral accounts		283	283		7,409	7,409
- Advances to related parties (o.w.cash collateral of LL 128.82 billion as at September end 2006)	47,307	161,423	208,730	41,915	108,494	150,409
- Doubtful loans***	(25,144)	102,021	76,877	(4,608)	75,849	71,241
Bank acceptances		136,240	136,240		140,129	140,129
Investments and related loans	1	147,380	147,381	1	11,155	11,156
Investments and related loans under equity method	4,144	3,782	7,926	3,602	827	4,429
-Non financial institutions	4,144	3,782	7,926	3,602	827	4,429
- Financial institutions
Tangible fixed assets (including revaluation variance approved by the Central Bank)	286,430	120,071	406,501	294,666	80,609	375,275
Intangible fixed assets	6,166	81,301	87,467	6,349	3,081	9,430
Other assets	1,354	2,698	4,052	943	1,459	2,402
Regularization accounts and other debtor accounts	41,176	71,539	112,715	35,818	83,435	119,253
Revaluation variance on other fixed assets
Goodwill	33,838	119,814	153,652	33,838	66,331	100,169
TOTAL ASSETS***	4,189,574	15,886,374	20,075,948	4,591,831	11,825,210	16,417,041
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**Out of which sub-standard loans amounting to :	26,776	53,258
***After deduction of provision for doubtful loansand unrealised interest:	163,668	104,159
**For sub-standard loans	5,153	12,394
***For doubtful loans	67,287	59,931

Off-Balance Sheet Items
Financing commitments received
Signature commitments received	21,860	50,941	72,801	26,210	67,402	93,612
Financial instruments sold with a buy back option
Engagements on term financial instruments
- Option on forex swap
- Option on interest swap
Other engagements received	304,045	1,926,971	2,231,016	371,778	1,739,435	2,111,213
Fiduciary assets and Assets under management	7,101	4,118,060	4,125,161	7,009	3,517,995	3,525,004
Custody accounts	611,150	2,596,022	3,207,172	483,523	1,832,924	2,316,447
Forward operations:		940,661	940,661		861,834	861,834
-Foreign currencies to receive		940,661	940,661		861,834	861,834
Bad debts transferred to off balance sheet items	25,983	240,545	266,528	24,411	236,705	261,116
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Consolidated Balance Sheet as at September 30, 2006 (unaudited)
LIABILITIES(LL millions)	30-September-2006			30-September-2005
	LL	C/V LL	TOTAL	LL	C/V LL	TOTAL
Central Bank	27,702	4,622	32,324	57,952		57,952
Banks and financial institutions	16,589	259,128	275,717	125,640	502,292	627,932
- Current accounts	7,399	162,071	169,470	5,828	175,398	181,226
- Time deposits	9,190	97,057	106,247	119,812	326,894	446,706
- Sale of financial instruments with an option to rebuy
Due to Head office, branches and affiliates
- Current accounts
- Time deposits
Deposits from customers	3,220,035	13,463,059	16,683,094	3,669,232	10,148,756	13,817,988
- Sight deposits	256,321	2,472,255	2,728,576	257,462	1,444,206	1,701,668
- Time deposits	648,284	5,677,190	6,325,474	971,223	3,699,388	4,670,611
- Savings accounts	2,272,396	4,423,169	6,695,565	2,382,155	4,107,766	6,489,921
- Net creditor and cash collateral accounts against debtor accounts	37,107	706,728	743,835	51,356	836,007	887,363
- Related parties accounts	5,927	183,717	189,644	7,036	61,389	68,425
Engagements by acceptances		136,240	136,240		140,129	140,129
Liabilities under financial instruments		157,232	157,232		157,232	157,232
- Certificates of deposit		157,232	157,232		157,232	157,232
- Debenture bonds
- Other liabilities under financial instruments
Other liabilities	119,580	98,109	217,689	86,136	229,838	315,974
Regularization accounts and other creditor accounts	16,406	67,955	84,361	84,744	29,401	114,145
Provisions for risks and charges	30,454	16,596	47,050	25,236	10,294	35,530
Subordinated notes
Shareholders' equity	695,048	1,555,452	2,250,500	506,899	531,756	1,038,655
-Revaluation variance accepted in the supplementary capital	18,600		18,600	18,600		18,600
-Share capital	404,944	111,568	516,512	292,467	111,260	403,727
- Group share	404,162	72,586	476,748	291,662	72,586	364,248
Ordinary shares 32.766.240
Preferred shares 7.650.000
- Minority share	782	38,982	39,764	805	38,674	39,479
-Reserves for general banking risks	26,896	52,779	79,675	28,919	36,061	64,980
- Group share	26,885	52,744	79,629	28,909	36,033	64,942
- Minority share	11	35	46	10	28	38
-Reserves and premiums and equity differences	215,866	1,324,781	1,540,647	161,754	337,702	499,456
- Group share	214,032	1,324,010	1,538,042	160,608	337,656	498,264
- Minority share	1,834	771	2,605	1,146	46	1,192
-Employees' stock option plan as per IFRS 2		9,950	9,950
-Less: Treasury GDR's	(875)	(7,794)	(8,669)	(56)	(237)	(293)
-Profit carried forward	6,264	9,927	16,191	(1,882)	3,426	1,544
- Group share	6,235	10,003	16,238	(1,890)	3,453	1,563
- Minority share	29	(76)	(47)	8	(27)	(19)
-Net income for the year
- Group share
- Minority share
-Cumulative changes in fair value	23,353	54,241	77,594	7,097	43,544	50,641
Revaluation variance of fixed assets
Income and expense accounts	168,088	23,653	191,741	104,502	7,002	111,504
Total Liabilities & Shareholders' Equity	4,293,902	15,782,046	20,075,948	4,660,341	11,756,700	16,417,041
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Off-Balance Sheet Items
Financing commitments given to:		257,408	257,408		264,900	264,900
- Financial intermediaries		257,408	257,408		264,900	264,900
- Customers
Bank guarantees given to:	37,469	853,700	891,169	34,903	480,749	515,652
- Financial intermediaries	1,192	249,683	250,875	1,383	20,101	21,484
- Customers	36,277	604,017	640,294	33,520	460,648	494,168
Financial instruments purchased with a buy back option
Other engagements
Engagements on term financial instruments	29,227		29,227	61,227		61,227
Fiduciary Deposits and Assets under management	9,413	4,115,748	4,125,161	26,916	3,498,088	3,525,004
Custody accounts	611,150	2,596,022	3,207,172	483,523	1,832,924	2,316,447
Forward operations		938,240	938,240		856,688	856,688
-Foreign currencies to deliver		938,240	938,240		856,688	856,688
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* Including the consolidated profit and loss account of Banque Saradar SAL for the second semester only according to International Accounting Standard (IAS)

>	Consolidated Balance Sheet
>	Consolidated Income Statement
>	Consolidated Cash Flows
>	Consolidated Statement of Changes in Shareholders' Equity
>	2007 Consolidated Figures & Auditors’ Report
>	Annual Report 2007
>	Annual Report 2006