Balance Sheet
(Audited)

  2007 2006
  (L.L.000) (L.L.000)
Assets
Cash and deposits with banks 5,629,852 13,242,308
Loans (net) 89,007,863 82,128,739
Other assets 1,751,876 1,833,066
Forceclosed assets 1,174,936 1,576,692
Fixed assets (net) 585,691 600,875
Total Assets 98,150,218 99,381,680
Liabilities
Due to banks 445,571  
Taxes Payable 1,067,806 1,008,782
Accounts payable 4,448,797 4,418,335
Other liabilities 2,225,592 2,194,628
Term debts 40,622,464 43,889,382
Provision for end-of-service indemnity 764,413 762,938
Total Liabilities 49,574,643 52,274,065
Equity
Capital 10,000,000 10,000,000
Additional paid in capital 25,427,440 25,427,440
Legal reserves 1,805,711 1,438,491
Retained earnings 6,124,456 6,569,486
Net income for the year 5,217,968 3,672,198
Total equity 48,575,575 47,107,615
Total liabilities and equity 98,150,218 99,381,680
1 USD = 1,507.5 LBP
Print