Note

2000
LBP 000s

1999
LBP 000s

Interest and similar income

24

61,113,262

22,104,331

Lebanese treasury bonds

3,331,458

6,300,877

Deposits and similar accounts at banks and financial institutions

1,930,236

558,029

Loans and advances to customers

55,850,809

15,240,231

Loans and advances to related parties

759

5,194

Interest and similar charges

25

(42,733,685)

(16,396,079)

Deposits and similar accounts from banks and financial institutions

(2,444,328)

(501,284)

Customers' deposits and other credit balances

(40,288,717)

(15,875,017)

Related parties deposits

(640)

(19,778)

Net provisions less recoveries from loans and advances

291,914

Provisions for loans and advances

Write-back of provisions for loans and advances

291,914

Net interest received

18,379,577

6,000,166

Income from financial instruments of variable income

130,951

154,000

Net income from commissions

26

5,567,862

2,875,796

Commissions received

5,955,050

3,076,542

Commissions paid

(387,188)

(200,746)

Profits from financial operations

874,272

113,122

Positive balance from investments operations

Positive balance from foreign exchange operations

874,272

113,122

Losses from financial operations

(355,198)

(163,730)

Negative balance from foreign exchange operations

Negative balance from investments operations

(355,198)

(163,730)

Net profit or loss from financial operations

519.074

50,608

Other operational income

27

740,196

269,113

Other operational charges

28

(768,577)

(150,522)

General and administrative expenses

(19,103196)

(10,984,478)

Salaries, wages and related charges

29

(7,145,553)

(6,767,375)

General operational charges

30

(11,957,643)

(4,217,103)

Depreciation and amortization of tangible and intangible fixed assets

(4,821,218)

(1,775,220)

Ordinary results before tax

644,669

(3,661,753)

Other income before tax

31

430,518

Net results for the financial period profit (loss)

644,669

(3,231,235)