Page Content
|
Three months 1 July to 30 September |
Nine months 1 January to 30 September |
|
(US$ million) |
|
1999 |
1998 |
1999 |
1998 |
OPERATING INCOME |
Interest income |
370 |
437 |
1091 |
1291 |
Interest expense |
(265) |
(334) |
(761) |
(983) |
|
|
Net interest income |
105 |
103 |
330 |
308 |
Other operating income |
55 |
80 |
183 |
265 |
|
|
TOTAL OPERATING INCOME |
160 |
183 |
513 |
573 |
|
|
Provision for losses on loans and advances, net of recoveries |
(17) |
(45) |
(65) |
(136) |
|
|
NET OPERATING INCOME AFTER PROVISIONS |
143 |
138 |
448 |
437 |
|
|
|
OPERATING EXPENSES |
|
|
|
|
Staff |
70 |
65 |
194 |
193 |
Premises and equipment |
13 |
13 |
39 |
40 |
Other |
24 |
27 |
79 |
76 |
|
|
Total operating expenses |
107 |
105 |
312 |
309 |
|
|
|
|
PROFIT BEFORE TAXATION AND MINORITY INTERESTS |
36 |
33 |
136 |
128 |
|
|
Taxation on foreign operations |
(5) |
(13) |
(28) |
(36) |
Minority interests in subsidiaries |
(6) |
(6) |
(23) |
(29) |
|
|
NET PROFIT FOR THE PERIOD |
25 |
14 |
85 |
63 |
|
EARNINGS PER SHARE (expressed in US dollars) |
0.27 |
0.15 |
0.90 |
0.67 |
|
|
|
|