Page Content
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(US$ million) |
|
|
|
Three months 1 April to 30 June |
Six months 1 January to 30 June |
|
2003 |
2002 |
2003 |
2002 |
OPERATING INCOME |
Interest income |
253 |
301 |
528 |
592 |
Interest expense |
(147) |
(185) |
(306) |
(357) |
|
|
Net interest income |
106 |
116 |
222 |
235 |
Other operating income |
102 |
61 |
186 |
124 |
TOTAL OPERATING INCOME |
208 |
177 |
408 |
359 |
Provision for losses on loans and advances, net of recoveries |
(35) |
(31) |
(65) |
(46) |
|
|
NET OPERATING INCOME AFTER PROVISIONS |
173 |
146 |
343 |
313 |
|
|
|
|
|
|
|
OPERATING EXPENSES |
|
|
|
|
Staff |
82 |
68 |
154 |
136 |
Premises and equipment |
18 |
15 |
34 |
29 |
Other |
33 |
30 |
63 |
59 |
|
|
Total operating expenses |
133 |
113 |
251 |
224 |
|
|
|
|
|
|
|
PROFIT BEFORE TAXATION AND MINORITY INTERESTS |
40 |
33 |
92 |
89 |
|
|
|
|
|
Taxation on foreign operations |
(14) |
(11) |
(28) |
(24) |
Minority interests in subsidiaries |
(6) |
(5) |
(17) |
(14) |
|
|
NET PROFIT FOR THE PERIOD |
20 |
17 |
47 |
51 |
|
|
EARNINGS PER SHARE (expressed in US dollars) |
0.21 |
0.18 |
0.50 |
0.54 |
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|
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