Unaudited

Nine months ended

30 June 2000

Unaudited

Nine months ended

30 June 1999

$'000 

$'000 

Net Interest Income and Other Income

       Income from loans

1,214,430 

1,562,863 

       Income from securities

7,018,420 

7,061,711 

8,232,850 

8,624,574 

       Interest expense

4,870,521 

5,152,960 

       Net interest income

3,362,329 

3,471,614 

       Exchange gains

247,194 

125,311 

       Fees and commissions

773,212 

588,850 

       Other operating income

44,127 

112,077 

4,426,862 

4,297,852 

Non-Interest Expenses

       Staff costs

1,548,947 

1,609,060 

       Other operating expenses

2,276,542 

2,073,344 

3,825,489 

3,682,404 

       Depreciation

192,400 

198,034 

       Deposit insurance premium

43,119 

46,350 

4,061,008 

3,926,788 

Profit before Exceptional Item and Taxation

365,854 

371,064 

Exceptional Item

-     

(    299,997)

Profit before Taxation

365,854 

71,067 

Taxation

61,167 

-

Net Profit

304,687 

71,067 

Unaudited 

Audited 

30 June  2000 

30 September  1999 

$'000 

$'000 

 ASSETS

       Cash Resources and Other Assets

             Cash on hand and at Bank of Jamaica

7,841,581 

8,994,645 

                    Fixed deposits and balances with other banks,    financial institutions and fellow subsidiaries

4,418,277 

3,364,186 

             Securities purchased  under agreements to resell

1,926,776 

522,851 

             Investments in Government of Jamaica and other securities

50,249,528 

45,506,261 

             Loans and advances less provision for losses

7,726,163 

8,118,322 

             Cheques and other instruments in the course of

              collection

786,358 

1,475,301 

             Taxation recoverable