BANQUE DU CAIRE SAE

INCOME STATEMENT

FOR THE PERIOD FROM 1/7/2004 TO 30/6/2005

(FIGURES IN THOUSAND L.E)

ITEMS	Notes	2004/2005	2003/2004
Interest Income		2 235 952	2 232 426
Income from Treasury Bills & Bonds		738 151	493 213
Less Interest expense		(2 459 120)	(2 301 771)
Net Interest Income		514 983	423 868
Fees and Commissions Income		519 171	629 634
Dividends and return on mutual funds certificates		211 177	199 717
Gains (losses) From Sale of Investments		429 812	394 130
Gains (losses) from Foreign Currency transactions		42 131	13 580
Trading investments Evaluation Differences		521 412	106 284
Other Operating Income		4 841	2 885
Net Operating Income		2 243 527	1 770 098
Less General, Administrative & other expenses		(703 398)	(795 912)
Provisions		(1 405 361)	(879 482)
Other Investments Revaluation Differences		(42 862)	(52 851)
Net Operating Profits		91 906	41 853
Other profits		12 152	73 244
Net Profit Before Taxes		104 058	115 097
Less Taxes		(48 058)	(60 197)
Net Profit		56 000	54 900
Earning Per Share	(14)	0.13	0.12