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Financial Statements Archive

Financial Statements - Annual Report 2004

 

  • Net profit for 2004: NIS 1,864 million ($433 million), an increase of 62.8% compared with 2003

 

  • Net operating profit for 2004: NIS 1,904 million ($442 million), an increase of 64.3% compared with 2003

 

  • Net profit in the fourth quarter of 2004: NIS 345 million ($80 million), an increase of 46.8% compared with the same period last year

 

  • Net return on equity for 2004: 13.1%, compared with 8.7% in 2003

 

  • Net return on net operating profit for 2004: 13.4%

 

  • Neutralizing the effect of the change in the tax rates, net return: 14.1%

 

  • Ratio of shareholders' equity to risk assets: 11.25%

 

  • Dividend: NIS 1,004 million ($233 million)