Page Content
|
1 January to 31 March 2001 |
1 January to 31 March 2000 |
|
(US$ million) |
OPERATING INCOME |
Interest income |
422 |
386 |
Interest expense |
(307) |
(281) |
|
|
Net interest income |
115 |
105 |
Other operating income |
71 |
75 |
|
|
TOTAL OPERATING INCOME |
186 |
180 |
|
|
Provision for losses on loans and advances, net of recoveries |
(15) |
(20) |
|
|
NET OPERATING INCOME AFTER PROVISIONS |
171 |
160 |
|
|
|
|
OPERATING EXPENSES |
|
|
Staff |
68 |
67 |
Premises and equipment |
14 |
13 |
Other |
27 |
26 |
|
|
Total operating expenses |
109 |
106 |
|
|
|
|
|
PROFIT BEFORE TAXATION AND MINORITY INTERESTS |
62 |
54 |
|
|
|
Taxation on foreign operations |
(16) |
(11) |
Minority interests in subsidiaries |
(10) |
(10) |
|
|
NET PROFIT FOR THE PERIOD |
36 |
33 |
|
EARNINGS PER SHARE (expressed in US dollars) |
0.38 |
0.35 |
|
|
|