Bank Hapoalim (Schweiz) AG

—

Year	Equity	Capital	Reserves	Balance
2002	196,500	65,000	131,500	2,088,412
2003	228,000	65,000	163,000	2,293,938
2004	251,500	65,000	186,500	2,718,315
2005	280,800	65,000	215,800	3,594,775
2006	312,300	65,000	247,300	4,081,514