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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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2000 |
1999 |
2000 |
1999 |
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OPERATING INCOME |
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Interest income |
432 |
370 |
1220 |
1091 |
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Interest expense |
(321) |
(265) |
(899) |
(761) |
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Net interest income |
111 |
105 |
321 |
330 |
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Other operating income |
58 |
55 |
210 |
183 |
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TOTAL OPERATING INCOME |
169 |
160 |
531 |
513 |
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Provision for losses on loans and advances, net of recoveries |
(15) |
(17) |
(54) |
(65) |
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NET OPERATING INCOME AFTER PROVISIONS |
154 |
143 |
477 |
448 |
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OPERATING EXPENSES |
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Staff |
66 |
70 |
205 |
194 |
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Premises and equipment |
13 |
13 |
40 |
39 |
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Other |
26 |
24 |
78 |
79 |
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Total operating expenses |
105 |
107 |
323 |
312 |
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PROFIT BEFORE TAXATION AND MINORITY INTERESTS |
49 |
36 |
154 |
136 |
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Taxation on foreign operations |
(9) |
(5) |
(29) |
(28) |
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Minority interests in subsidiaries |
(9) |
(6) |
(27) |
(23) |
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NET PROFIT FOR THE PERIOD |
31 |
25 |
98 |
85 |
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EARNINGS PER SHARE (expressed in US dollars) |
0.33 |
0.27 |
1.04 |
0.90 |
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2020 Annual General Meeting
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