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Statement of Income
Page Content
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Three months
1 July to
30 September |
Nine months
1 January to
30 September |
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(US$ million) |
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1999 |
1998 |
1999 |
1998 |
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OPERATING INCOME |
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Interest income |
370 |
437 |
1091 |
1291 |
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Interest expense |
(265) |
(334) |
(761) |
(983) |
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Net interest income |
105 |
103 |
330 |
308 |
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Other operating income |
55 |
80 |
183 |
265 |
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TOTAL OPERATING INCOME |
160 |
183 |
513 |
573 |
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Provision for losses on loans and advances, net of recoveries |
(17) |
(45) |
(65) |
(136) |
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NET OPERATING INCOME AFTER PROVISIONS |
143 |
138 |
448 |
437 |
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OPERATING EXPENSES |
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Staff |
70 |
65 |
194 |
193 |
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Premises and equipment |
13 |
13 |
39 |
40 |
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Other |
24 |
27 |
79 |
76 |
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Total operating expenses |
107 |
105 |
312 |
309 |
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PROFIT BEFORE TAXATION AND MINORITY INTERESTS |
36 |
33 |
136 |
128 |
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Taxation on foreign operations |
(5) |
(13) |
(28) |
(36) |
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Minority interests in subsidiaries |
(6) |
(6) |
(23) |
(29) |
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NET PROFIT FOR THE PERIOD |
25 |
14 |
85 |
63 |
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EARNINGS PER SHARE (expressed in US dollars) |
0.27 |
0.15 |
0.90 |
0.67 |
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Bank ABC announces Q1 2021 results with a return to net profit of US$30 million attributable to the shareholders of the parent
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| Global Finance names Bank ABC’s ABC Labs as one of the world's best financial innovation labs
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| Virtual Annual General Meeting and Extraordinary General Meeting
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