Page Content
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(US$ million) |
|
|
|
Three months 1 April to 30 June |
Six months 1 January to 30 June |
|
2002 |
2001 |
2002 |
2001 |
OPERATING INCOME |
Interest income |
301 |
399 |
592 |
821 |
Interest expense |
(185) |
(281) |
(357) |
(588) |
|
|
Net interest income |
116 |
118 |
235 |
233 |
Other operating income |
61 |
83 |
124 |
154 |
TOTAL OPERATING INCOME |
177 |
201 |
359 |
387 |
Provision for losses on loans and advances, net of recoveries |
(31) |
(19) |
(46) |
(34) |
|
|
NET OPERATING INCOME AFTER PROVISIONS |
146 |
182 |
313 |
353 |
|
|
|
|
|
|
|
OPERATING EXPENSES |
|
|
|
|
Staff |
68 |
77 |
136 |
145 |
Premises and equipment |
15 |
15 |
29 |
29 |
Other |
30 |
27 |
59 |
54 |
|
|
Total operating expenses |
113 |
119 |
224 |
228 |
|
|
|
|
|
|
|
PROFIT BEFORE TAXATION AND MINORITY INTERESTS |
33 |
63 |
89 |
125 |
|
|
|
|
|
Taxation on foreign operations |
(11) |
(15) |
(24) |
(31) |
Minority interests in subsidiaries |
(5) |
(10) |
(14) |
(20) |
|
|
NET PROFIT FOR THE PERIOD |
17 |
38 |
51 |
74 |
|
|
EARNINGS PER SHARE (expressed in US dollars) |
0.18 |
0.40 |
0.54 |
0.78 |
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