NON-BANK FINANCIAL INSTITUTIONS SUPERVISION

Microfinance Sector Consolidated Income Statement

For the Quarters in 2009 (K'million)

Year to date Mar-09

INTEREST INCOME 84,345 84,345

1 Interest income on Loan Portfolio 80,831 80,831
2 Interest income on Short-Term Investments 138 138
3 Other interest income 3,376 3,376
4 INTEREST EXPENSE 13,592 13,592
5 Interest Expense on Bank Loans 8,623 8,623
6 Interest Expense on Subsidized Debt 1,850 1,850
7 Interest Expense on Savings/Deposits 1,146 1,146
8 Other interest expenses 1,973 1,973
9 NET INTEREST INCOME 70,753 70,753
10 OTHER FINANCIAL EXPENSES 17,164 17,164
11 Loan loss provision 4,069 4,069
12 Commissions 406 406
13 Exchange Loss 12,663 12,663
14 Other expenses 26 26
15 TOTAL INTEREST INCOME LESS FINANCIAL EXPENSES 53,589 53,589
16 NON INTEREST INCOME 445 445
17 Fee Income 793 793
18 Commissions 17 17
19 Exchange Gain -1,053 -1,053
20 Other non interest income 687 687
21 FINANCIAL INCOME/LOSS 54,034 54,034
22 OPERATING EXPENSES 38,284 38,284
23 Salaries 16,253 16,253
24 Training 376 376
25 Audit fees 226 226
26 Consultancy 1,056 1,056
27 Repairs and maintenance 420 420
28 Rent 1,511 1,511
29 Travel and accomodation 2,570 2,570
30 Legal Commissions and Fees 477 477
31 Depreciation 1,467 1,467
32 Printing and stationery 454 454
33 Insurance 440 440
34 Utilities (Electricity, water etc) 678 678
35 Fraud and forgeries 690 690
36 Other Operating Expenses 11,667 11,667
37 NET OPERATING INCOME/(LOSS) 15,750 15,750
38 NON OPERATING ACTIVITIES -1,674 -1,674
39 Revenue not related to credit program 15 15
40 Donations 646 646
41 Others -3,765 -3,765
42 Less Expenses not related to credit program 64 64
43 NET INCOME (LOSS) 14,076 14,076
44 TAXATION 4,397 4,397
45 NET INCOME (LOSS) AFTER TAXATION 9,679 9,679