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Statement of Income
2007-12-31
CONSOLIDATED STATEMENT OF INCOME (Unaudited)

All figures in US$ million

 

2007

2006

OPERATING INCOME

Interest income

1,689

1,232

Interest expense

(1,391)

(983)

Net interest income

298

249

Other operating income

393

235

Total operating income

691

484

(Provision for impairment) / writeback - net

(230)

-

NET OPERATING INCOME AFTER PROVISIONS

461

484

 

 

 

OPERATING EXPENSES

 

Staff

181

177

Premises and equipment

24

25

Other

70

60

Total operating expenses

275

262

 

 

PROFIT BEFORE TAXATION

186

222

Taxation on foreign operations

(37)

(17)

NET PROFIT FOR THE PERIOD

149

205

 

 

 

Income attributable to minority interests

(24)

(3)

INCOME ATTRIBUTABLE TO THE EQUITY HOLDERS
OF THE PARENT

125

202

 

 

 

Earnings per share (expressed in US dollars)

0.13

0.20


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