banif finance, ltd.

31 December 31 December2003 200211112 11112Eur ’000Liabilities and Shareholders’ FundsDeposits by Banks .................................................................................................. 1,294,096 2,105,294(a) Sight .............................................................................................................. 34,342 665,849(b) Term or prior notice...................................................................................... 1,259,754 1,439,445Client accounts ........................................................................................................ 2,273,935 2,284,651(a) Savings accounts .......................................................................................... 101,557 99,221(b) Sight debit .................................................................................................... 796,554 742,976(c) Term debit .................................................................................................... 1,375,824 1,442,454Debts represented by securities .............................................................................. 43,961 80,775(a) Bonds in circulation ...................................................................................... 0 7,500(b) Others............................................................................................................ 43,961 73,275Other Liabilities ...................................................................................................... 12,524 13,273Accruals and deferrals ............................................................................................ 93,045 74,098Provision for risks and charges .............................................................................. 28,336 35,572(a) Provision for pensions and other charges .................................................... 0 0(b) Other provisions............................................................................................ 28,336 35,572Fund for general banking risks................................................................................ 127 123Subordinated liabilities............................................................................................ 112,380 112,380Paid up share capital................................................................................................ 240,000 240,000Issue premiums........................................................................................................ 451 451Reserves .................................................................................................................. 4,645Profit and loss account brought forwardProfit for the period ................................................................................................ 23,1901111214,24511112Total ........................................................................................................................ 4,126,690 4,960,86211112 1111211112 1111231 December 31 December2003 200211112 11112Eur ’000Memorandum AccountsContingent Liabilities.............................................................................................. 357,723 346,011Of which:1. Acceptances and Commitments fromEndorsements of Rediscounted Effects2. Bonds and Collateral ...................................................................................... 15,502 15,431Commitments .......................................................................................................... 323,455 420,856Of which:1. Sales with repurchase agreement2. Others ............................................................................................................ 323,45511112420,85611112Total ........................................................................................................................ 681,178 766,86711112 1111211112 11112F-8