UOB Annual Report 2002 - United Overseas Bank

The Group
The Bank
Note 2002 2001 2002 2001
$'000 $'000 $'000 $'000
Assets
Cash and balances with central banks 4,213,458 3,329,827 2,402,190 926,101
Singapore Government treasury
bills and securities 24 8,260,989 8,711,833 8,002,833 4,272,411
Other government treasury bills
and securities 25 1,332,948 1,817,360 419,031 244,261
Dealing securities 26 620,109 680,989 431,811 358,104
Placements and balances
with banks and agents 27 19,426,221 24,745,590 18,419,738 19,396,877
Trade bills 28 1,051,030 1,204,164 139,405 62,280
Advances to customers 28 57,832,977 59,687,930 49,816,830 23,433,561
Placements with and advances to
subsidiaries – – 1,018,173 2,038,867
Other assets 29 4,012,147 2,967,633 3,064,785 1,648,779
96,749,879 103,145,326 83,714,796 52,381,241
Investment securities 30 3,945,383 3,431,062 2,687,019 989,656
Investments in associates 31 1,274,245 1,781,322 706,868 737,601
Investments in subsidiaries 32 – – 1,409,829 10,260,598
Fixed assets 34 1,794,349 1,724,515 1,118,922 610,132
Deferred tax assets 14 39,519 29,218 2,790 14,033
Goodwill 35 3,666,046 3,776,651 3,585,428 –
107,469,421 113,888,094 93,225,652 64,993,261
The accompanying notes form an integral part of these financial statements. The Auditors’ Report is on page 90.
UNITED OVERSEAS BANK 93