All figures in US$ million

2005

2004

OPERATING INCOME

Interest income

705

512 

Interest expense

(512)

(360) 

Net interest income

193

152 

Other operating income

159

153 

Total operating income

352

305 

Write back/(Provision) for impairment - net

14

10 

NET OPERATING INCOME AFTER PROVISIONS

366

315 

OPERATING EXPENSES

Staff

134

121 

Premises and equipment

23

24 

Other

54

54 

Total operating expenses

211

199 

PROFIT BEFORE TAXATION

155

116 

Taxation on foreign operations

(20)

(3) 

NET PROFIT FOR THE YEAR FROM CONTINUING OPERATIONS

135

113 

DISCONTINUED OPERATIONS (SUBSIDIARIES SOLD IN 2004)

Profit from discontinued operations - net of tax

-

470 

NET PROFIT FOR THE YEAR FROM DISCONTINUED OPERATIONS

-

470 

NET PROFIT FOR THE YEAR

135

583 

Income attributable to minority interests

(6)

(4) 

INCOME ATTRIBUTABLE TO THE SHAREHOLDERS OF THE PARENT

129

579 

BASIC EARNINGS PER SHARE (expressed in US$)
- Profit for the year
- Profit from continuing operations

1.29
1.29

5.79 
1.09