2006 Interim Report－A Share.pdf - 中国银行

Personal banking - providing services to retail customers including current accounts, savings, deposits, investment
savings products, custody, credit and debit cards, consumer loans and mortgages.
Treasury operations - consisting of foreign exchange transactions, customer-based interest rate and foreign exchange
derivative transactions, money market transactions, proprietary trading and asset-liability management. The results
of this segment include the inter-segment funding income and expenses and foreign currency translation gains and
losses resulting from variations in the growth of interest bearing assets and liabilities and foreign currency translation
gains and losses.
Investment banking - consisting of debt and equity underwriting, asset management services, brokerage services and
loan syndications.
Insurance-underwriting of general and life insurance business and insurance agency services.
Other operations of the Group comprize investment holding and other miscellaneous activities, none of which
constitutes a separately reportable segment or can be allocated on a reasonable basis.
For the six month period ended 30 June 2006 and as at 30 June 2006
Corporate Personal Treasury Investment
banking banking Operations banking
Insurance Others Elimination Total
Interest income 45,329 42,491 38,551 289 269 191 (27,343) 99,777
Interest expense (18,727) (25,610) (27,175) (270) (19) (847) 27,347 (45,301)
Net interest income 26,602 16,881 11,376 19 250 (656) 4 54,476
Net fee and commission income 3,141 3,165 357 938 (277) 9 (492) 6,841
Net trading income/(expense) 1,814 977 (1,910) (640) (428) (7) 1 (193)
Investment (losses)/income 85 1,026 217 431 (78) 1,681
Other operating income, net 74 5 (3) 686 1,103 (68) 1,797
31,631 21,028 9,905 1,343 448 880 (633) 64,602
Operating and administrative
expenses
(8,588) (11,677) (2,876) (224) (103) (406) 681 (23,193)
Business tax and surcharges (1,478) (459) (1,023) (2) (3) (22) (2,987)
Operating profit 21,565 8,892 6,006 1,117 342 452 48 38,422
Non-operating income, net 56 127 45 (2) 40 799 (598) 467
Profit before impairment losses 21,621 9,019 6,051 1,115 382 1,251 (550) 38,889
Impairment(losses)/ write-back (4,202) (720) 1 (5) 6 44 (4,876)
Profit before tax 17,419 8,299 6,052 1,110 388 1,295 (550) 34,013
Income tax (12,362)
Profit after tax 21,651
Minority interests (2,627)
Net profit 19,024
Segment assets 1,813,042 637,280 2,692,140 18,079 17,153 84,279 (35,040) 5,226,933
Capital expenditure 416 782 31 6 2 953 2,190
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