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Statement of Income
Page Content
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1 April to
30 June 2001 |
1 January to
30 June 2000 |
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(US$ million) |
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2001 |
2000 |
2001 |
2000 |
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OPERATING INCOME |
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Interest income |
399 |
402 |
821 |
788 |
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Interest expense |
(281) |
(297) |
(588) |
(578) |
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Net interest income |
118 |
105 |
233 |
210 |
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Other operating income |
83 |
77 |
154 |
152 |
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TOTAL OPERATING INCOME |
201 |
182 |
387 |
362 |
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Provision for losses on loans and advances, net of recoveries |
(19) |
(19) |
(34) |
(39) |
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NET OPERATING INCOME AFTER PROVISIONS |
182 |
163 |
353 |
323 |
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OPERATING EXPENSES |
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Staff |
77 |
72 |
145 |
139 |
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Premises and equipment |
15 |
14 |
29 |
27 |
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Other |
27 |
26 |
54 |
52 |
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Total operating expenses |
119 |
112 |
228 |
218 |
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PROFIT BEFORE TAXATION AND MINORITY INTERESTS |
63 |
51 |
125 |
105 |
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Taxation on foreign operations |
(15) |
(9) |
(31) |
(20) |
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Minority interests in subsidiaries |
(10) |
(8) |
(20) |
(18) |
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NET PROFIT FOR THE PERIOD |
38 |
34 |
74 |
67 |
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EARNINGS PER SHARE (expressed in US dollars) |
0.40 |
0.36 |
0.78 |
0.71 |
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