banif finance, ltd.

31 December 31 December2003 200211112 11112Eur ’000Liabilities and Shareholders’ FundsDeposits by Banks .................................................................................................. 746,996 1,380,902(a) Sight .............................................................................................................. 15,809 496,778(b) Term or prior notice...................................................................................... 731,187 884,124Client accounts ........................................................................................................ 3,706,683 3,785,442(a) Savings accounts .......................................................................................... 166,765 153,485(b) Sight accounts .............................................................................................. 1,169,747 1,085,774(c) Term accounts .............................................................................................. 2,370,171 2,546,183Debts represented by securities .............................................................................. 512,768 248,869(a) Bonds in circulation ...................................................................................... 438,483 139,674(b) Others............................................................................................................ 74,285 109,195Other Liabilities ...................................................................................................... 31,379 29,314Accruals and deferrals ............................................................................................ 126,516 68,105Revaluation differences - equity method ................................................................ 3,629 5,422Goodwill.................................................................................................................. 8,468 4,915Provision for risks and charges .............................................................................. 43,833 47,119(a) Provision for pensions and other charges(b) Other provisions............................................................................................ 43,833 47,119Fund for general banking risks................................................................................ 1,854 2,456Subordinated liabilities............................................................................................ 153,597 153,597Paid up share capital................................................................................................ 200,000 200,000Issue premiums........................................................................................................ 58,214 58,214Reserves .................................................................................................................. 49,220 33,570Revaluation reserves................................................................................................ 1,940 1,940Profit and loss account brought forward ................................................................ (1,083) 1,468Minority interests .................................................................................................... 42,186 24,574Consolidated profit for the period .......................................................................... 25,3581111220,86811112Total ........................................................................................................................ 5,711,558 6,066,77511112 1111211112 1111231 December 31 December2003 200211112 11112Eur ’000Memorandum AccountsGuarantees given and contingent liabilities ............................................................ 669,249 662,354Of which:1. Bills accepted and endorsed2. Guarantees ...................................................................................................... 536,514 547,3293. Others ............................................................................................................ 132,736 115,025Commitments .......................................................................................................... 557,751 628,582Of which:1. Sales with repurchase option2. Others ................................................................................................................ 557,75111112628,58211112Total ........................................................................................................................ 1,227,000 1,290,93611112 1111211112 11112F-2