Consolidated Income statement

Homepage


Consolidated Income Statement as at December 31, 2007 (unaudited)
Consolidated Income Statement as at September 30, 2007 (unaudited)
Consolidated Income Statement as at June 30, 2007 (unaudited)
Consolidated Income Statement as at March 31, 2007 (unaudited)
Consolidated Income Statement as at December 31, 2006 (audited)
Consolidated Income Statement as at September 30, 2006 (unaudited)
Consolidated Income Statement as at June 30, 2006 (unaudited)
Consolidated Income Statement as at March 31, 2006 (unaudited)
Consolidated Income Statement as at December 31, 2005 (audited)
Consolidated Income Statement as at September 30, 2005 (unaudited)
Consolidated Income Statement as at June 30, 2005 (unaudited)
Consolidated Income Statement as at March 31, 2005 (unaudited)
Consolidated Income Statement for the year 2004 (audited)


Consolidated Income Statement (audited)
as at December 31, 2006 (audited)
(LL millions)
Income Statement
31-Dec-2006
31-Dec-2005
Interest and similar income
1,248,216
995,149
  Lebanese Treasury bills and other government bills
297,779
218,690
  Deposits and similar accounts in banks and financial institutions
580,089
488,807
  Deposits in head office, branches and affiliates  
 
  Bonds and financial instruments with fixed income
57,519
41,719
  Loans and advances to customers
296,923
223,595
  Loans and advances to related parties
13,577
9,911
  Other interest and similar income
2,329
12,427
  Interest on leasing contracts  
 
Interest and similar charges
809,810
675,039
  Deposits and similar accounts from banks and financial institutions
16,173
37,115
  Deposits from head office, branches and affiliates  
 
  Deposits from customers and other creditor accounts
758,104
610,854
  Deposits from related parties
18,199
3,115
  Cash contribution to capital and subordinated loans  
 
  Certificates of deposit
16,205
16,205
  Bonds and financial instruments with fixed income  
 
  Other interest and similar charges
1,129
7,750
  Interest on leasing contracts  
 
Net provisions and recoveries on doubtful loans
24,670
31,647
  Provisions for doubtful loans
41,755
59,155
    Of which: provision setup related to commercial loans(granted by leasing companies)  
 
  Recoveries of provisions for doubtful loans
(17,085)
(27,508)
    Of which: provision write-back related to commercial loans(granted by leasing companies)  
 
    Of which: provision write-back related to leasing contracts  
 
  Provision related to leasing contracts  
 
Net interest received
413,736
288,463
Revenues from shares, securities & financial assets with variable income
12,759
6,887
Net commissions
105,975
96,989
  Commissions received
Of which: commission related to leasing contracts
142,159
115,167
  Commissions paid
Of which: commission related to leasing contracts
(36,184)
(18,178)
Profit on financial operations
150,196
87,317
  Profit from trading and non-trading investments
33,188
12,348
  Profit on financial fixed assets
  Profit on foreign exchange position
27,064
27,641
  Profit on financial instruments
89,944
47,328
Loss on financial operations
26,233
13,086
  Loss from trading and non-trading investments
2,477
2,764
  Loss on financial fixed assets
  Loss on foreign exchange position
9,341
6,172
  Loss on financial instruments
14,415
4,150
Net income from financial operations
123,963
74,231
Other operating income
19,937
18,042
Other operating expenses
7,830
4,749
Total operating income
668,540
479,863
General and administrative expenses
317,813
254,790
  Salaries wages and related charges
173,373
146,817
  Employees' share - based payments
17,927
 
  General operating expenses
126,513
107,973
Amortization and depreciation
34,537
29,666
Provision on investments
(6,418)
960
Provisions on contingent accounts & other risks
(631)
593
Profit from operations before taxation
309,141
196,960
Net nonrecurring operations
(12,167)
(6,276)
  Nonrecurring income
1,193
7,702
  Nonrecurring expenses
(13,360)
(13,978)