Their balance sheet should look better for this half when you...

Their balance sheet should look better for this half when you factor in :-

* additional 1.1 million cards for Mastercard
(announcement 18/12/01)
* additional cards for COSMOSBANK Taiwan, total orders $A3.5m (announcement 12/02/02)
*part of a consortium to provide 1.2 million cards for Hong Kong ID card project (ann. 27/02/02)
*US orders $A2m rollout commencing this month (ann. 30/04/02)

IMHO things are moving in a positive direction for Keycorp.