Page Content
|
2000 |
1999 |
|
(US$ million) |
OPERATING INCOME |
Interest income |
1673 |
1472 |
Interest expense |
(1240) |
(1038) |
|
|
Net interest income |
433 |
434 |
Other operating income |
280 |
256 |
|
|
TOTAL OPERATING INCOME |
713 |
690 |
|
|
Provision for losses on loans and advances, net of recoveries |
(66) |
(97) |
|
|
NET OPERATING INCOME AFTER PROVISIONS |
647 |
593 |
|
|
|
|
OPERATING EXPENSES |
|
|
Staff |
281 |
265 |
Premises and equipment |
54 |
54 |
Other |
116 |
110 |
|
|
Total operating expenses |
451 |
429 |
|
|
|
|
|
PROFIT BEFORE TAXATION AND MINORITY INTERESTS |
196 |
164 |
Taxation on foreign operations |
(33) |
(31) |
Minority interests in subsidiaries |
(36) |
(21) |
|
|
NET PROFIT FOR THE PERIOD |
127 |
112 |
|
EARNINGS PER SHARE (expressed in US dollars) |
1.35 |
1.19 |
|
|
|