banif finance, ltd.

Balance SheetBANIF MADEIRAFINANCIAL STATEMENTS AS AT 30 JUNE 200430 June 200411123111231111211211112Prov. andGross Dep. Net111112 111112 111112AssetsCash and funds with Central Banks .................................. 0 0Sight deposits with Banks ................................................. 0 0 0Other loans and advances to Banks................................... 535,857,294 0 535,857,294Loans and advances to Clients .......................................... 20,113,053 115,769 19,997,284Bonds and other fixed yield securities .............................. 13,587,595 13,587,595(a) Public....................................................................... 0 0 0(b) Other........................................................................ 13,587,595 0 13,587,595Shares and other variable yield securities ......................... 20,299,069 0 20,299,069Shares and investments...................................................... 0 0 0Shares in related companies .............................................. 0 0 0Intangible fixed assets ....................................................... 0 0 0Tangible fixed assets.......................................................... 0 0 0(Of which: property)...................................................... 0 0 0Unrealized Share Capital................................................... 0 0 0Own shares ........................................................................ 0 0Other assets........................................................................ 2,634,985 0 2,634,985Accruals and deferrals ....................................................... 991,950 991,950Loss for the period............................................................. 194,900111112 111112194,900111112Total ................................................................................... 593,678,846 115,769 593,563,076111112 111112 111112111112 111112 111112F-16