Consolidated Income statement

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Consolidated Income Statement as at December 31, 2007 (audited)
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 (Unaudited)
as at March 31, 2006 (unaudited)
(LL millions)
  Income Statement 31-Mar-2006 31-Mar-2005
  Interest and similar income 282,816 227,375
    Lebanese Treasury bills and other government bills 64,174 51,006
    Deposits and similar accounts in banks and financial institutions 137,259 108,272
    Deposits in head office, branches and affiliates    
    Bonds and financial instruments with fixed income 12,409 10,757
    Loans and advances to customers 62,675 50,223
    Loans and advances to related parties 2,674 3,403
    Other interest and similar income 3,625 3,714
    Interest on leasing contracts    
  Interest and similar charges 194,024 156,912
    Deposits and similar accounts from banks and financial institutions 5,425 12,861
    Deposits from head office, branches and affiliates    
    Deposits from customers and other creditor accounts 179,910 136,574
    Deposits from related parties 1,413 1,667
    Cash contribution to capital and subordinated loans    
    Certificates of deposit 4,034 3,996
    Bonds and financial instruments with fixed income   16
    Other interest and similar charges 3,242 1,798
    Interest on leasing contracts    
  Net provisions and recoveries on doubtful loans 1,885 10,023
    Provisions for doubtful loans 3,141 11,302
    Of which: provision setup related to commercial loans(granted by leasing companies)    
    Recoveries of provisions for doubtful loans (1,256) (1,279)
    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 86,907 60,440
  Revenues from shares, securities & financial assets with variable income 3,803 3,394
  Net commissions 27,496 23,031
    Commissions received 35,353 26,261
    Of which: commission related to leasing contracts    
    Commissions paid (7,857) (3,230)
    Of which: commission related to leasing contracts    
  Profit on financial operations 31,985 13,726
    Profit on marketable securities 13,191 1,888
    Profit on financial fixed assets 4  
    Profit on foreign exchange position 5,919 5,371
    Profit on financial instruments 12,871 6,467
  Loss on financial operations 9,063 4,621
    Loss on marketable securities 3,587 660
    Loss on financial fixed assets   14
    Loss on foreign exchange position 3,847 1,195
    Loss on financial instruments 1,629 2,752
  Net income from financial operations 22,922 9,105
  Other operating income 3,411 3,295
  Other operating expenses 1,017 1,281
  Total operating income 143,522 97,984
  General and administrative expenses 67,075 61,299
    Salaries wages and related charges 38,652 35,817
    General operating expenses 28,423 25,482
  Amortization and depreciation 8,444 6,834
  Provision on investments 46 2,586
  Provisions on contingent accounts & other risks    
  Profit from operations before taxation 68,049 32,437
  Net nonrecurring operations (2,406) (654)
  Nonrecurring income 341 1,063
  Nonrecurring expenses (2,747) (1,717)
  Income tax 10,677 4,283
  Our part in affiliates under equity method 81 (49)
  Non financial institutions 81 (49)
  Financial institutions    
  Net profit for the period 55,047 27,451
  Group share 57,366 27,353
  Minority share (2,319) 98
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