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Consolidated Income Statement (Unaudited) as at March 31, 2008 (unaudited)
(LL millions)
Income Statement		31-March-2008	31-March-2007
Interest and similar income		414,669	347,976
	Lebanese Treasury bills and other government bills	80,898	88,465
	Deposits and similar accounts in banks and financial institutions	159,500	150,959
	Deposits in head office, branches and affiliates
	Bonds and financial instruments with fixed income	22,930	11,125
	Loans and advances to customers	141,002	87,638
	Loans and advances to related parties	4,904	4,249
	Other interest and similar income	5,435	5,540
	Interest on leasing contracts
Interest and similar charges		273,871	225,031
	Deposits and similar accounts from banks and financial institutions	7,523	2,181
	Deposits from head office, branches and affiliates
	Deposits from customers and other creditor accounts	244,974	209,695
	Deposits from related parties	4,423	3,715
	Cash contribution to capital and subordinated loans
	Certificates of deposit	13,399	3,996
	Bonds and financial instruments with fixed income
	Other interest and similar charges	3,552	5,444
	Interest on leasing contracts
Net provisions and recoveries on doubtful loans		4,386	2,025
	Provisions for doubtful loans	9,086	10,054
	Of which: provision setup related to commercial loans(granted by leasing companies)
	Recoveries of provisions for doubtful loans	(4,700)	(8,029)
	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		136,412	120,920
Revenues from shares, securities & financial assets with variable income		156	4,107
Net commissions		44,739	32,851
	Commissions received Of which: commission related to leasing contracts	54,248	40,271
	Commissions paid Of which: commission related to leasing contracts	(9,509)	(7,420)
Profit on financial operations		59,556	25,617
	Profit on marketable securities	8,147	1,580
	Profit on financial fixed assets		3,380
	Profit on foreign exchange position	10,617	5,099
	Profit on financial instruments	40,792	15,558
Loss on financial operations		26,043	4,047
	Loss on marketable securities	6,347	654
	Loss on financial fixed assets	696
	Loss on foreign exchange position	4,597	686
	Loss on financial instruments	14,403	2,707
Net income from financial operations		33,513	21,570
Other operating income		12,289	7,109
Other operating expenses		3,760	3,339
Total operating income		223,349	183,218
General and administrative expenses		114,781	92,955
	Salaries wages and related charges	67,824	50,029
	Employees' stock options expense as per IFRS 2	2,409	4,363
	General operating expenses	44,548	38,563
Depreciation and amortization		8,629	9,230
Provisions on investments			4,070
Provisions on contingent accounts & other risks		578	(20)
Profit from operations before taxation		100,517	85,083
Net nonrecurring operations		(676)	55
	Nonrecurring income	827	619
	Nonrecurring expenses	(1,503)	(564)
Income tax		17,966	13,477
Our part in affiliates under equity method		498	313
	Non financial institutions	498	313
	Financial institutions
Net profit for the period		82,373	71,974
	Group share	77,924	70,862
	Minority share	4,449	1,112
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>	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