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Balance Sheet
Page Content
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US $ Million |
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30 June
2004
Unaudited |
31 December
2003
Audited |
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ASSETS |
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Liquid funds |
303 |
709 |
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Trading securities |
133 |
86 |
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Non-trading securities |
4,202 |
5,204 |
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Placements with banks and other financial institutions |
3,391 |
6,651 |
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Loans and advances |
5,355 |
15,921 |
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Interest receivable |
95 |
134 |
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Investments in associates |
25 |
51 |
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Other assets |
300 |
828 |
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Premises and equipment |
141 |
484 |
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TOTAL ASSETS |
13,945 |
30,068 |
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LIABILITIES |
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Deposits from customers |
4,040 |
14,434 |
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Deposits from banks and other financial institutions |
5,870 |
9,932 |
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Certificates of deposit |
120 |
423 |
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Interest payable |
71 |
92 |
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Taxation |
21 |
69 |
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Other liabilities |
460 |
1,171 |
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TERM NOTES, BONDS AND OTHER TERM FINANCING |
1,327 |
1,850 |
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11,909 |
27,971 |
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MINORITY INTERESTS |
36 |
512 |
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EQUITY |
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Share capital |
1,000 |
1,000 |
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Treasury stock |
(74) |
(74) |
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Reserves and retained earnings |
1,074 |
659 |
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2,000 |
1,585 |
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TOTAL LIABILITIES, MINORITY INTERESTS AND EQUITY |
13,945 |
30,068 |
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The above Consolidated Balance Sheet has been extracted from the interim condensed consolidated financial statements of Arab Banking Corporation (B.S.C.) for the period ended 30 June 2004, reviewed by Ernst & Young, Kingdom of Bahrain.
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