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UOB Annual Report 2002 - United Overseas Bank

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(b)<br />

Included in other government treasury bills and securities are:<br />

The Group<br />

The <strong>Bank</strong><br />

<strong>2002</strong> 2001 <strong>2002</strong> 2001<br />

$'000 $'000 $'000 $'000<br />

Securities sold under repurchase agreements 8,049 8,380 – –<br />

(c) Included in the Group’s other government treasury bills and securities is an amount of $723,335,000 (2001: $1,130,252,000)<br />

relating to promissory notes which are guaranteed by a foreign government authority. The Group is not entitled to sell, transfer,<br />

pledge, or create any lien or encumbrance over any of these promissory notes without the prior consent of that authority.<br />

26 Dealing Securities<br />

The Group<br />

The <strong>Bank</strong><br />

<strong>2002</strong> 2001 <strong>2002</strong> 2001<br />

$'000 $'000 $'000 $'000<br />

At cost:<br />

Quoted equity shares 94,581 182,407 68,414 78,611<br />

Quoted debt securities 75,383 356,177 52,878 121,572<br />

Unquoted marketable unit trusts 19,526 18,802 – –<br />

Unquoted equity shares 2,031 2,115 2,031 2,115<br />

Unquoted debt securities 458,249 181,099 331,116 162,681<br />

649,770 740,600 454,439 364,979<br />

Provision for diminution in value (Note 33) (29,661) (59,611) (22,628) (6,875)<br />

620,109 680,989 431,811 358,104<br />

Market value at 31 December:<br />

Quoted equity shares 78,438 133,795 55,122 70,168<br />

Quoted debt securities 79,396 352,055 56,049 124,417<br />

Unquoted marketable unit trusts 14,585 15,771 – –<br />

172,419 501,621 111,171 194,585<br />

27 Placements and Balances with <strong>Bank</strong>s and Agents<br />

(a)<br />

The Group<br />

The <strong>Bank</strong><br />

<strong>2002</strong> 2001 <strong>2002</strong> 2001<br />

$'000 $'000 $'000 $'000<br />

Analysed by maturity period:<br />

Within 1 year 19,197,092 24,588,361 18,190,609 19,316,523<br />

Over 1 year but within 3 years 226,213 109,621 226,213 77,170<br />

Over 3 years but within 5 years – 47,608 – 3,184<br />

Over 5 years 2,916 – 2,916 –<br />

19,426,221 24,745,590 18,419,738 19,396,877<br />

UNITED OVERSEAS BANK 125

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