Income Statement for Asociacion para el Fomento al Desarrollo de Nicaragua


		2006	2007	2008	2009	2010
Start date		2006-01-01	2007-01-01	2008-01-01	2009-01-01	2010-01-01
As of date		2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31
Currency		USD	USD	USD	USD	USD
Financial revenue		845,481	767,276	1,471,222	1,084,898	1,064,130
Interest and fee income		828,480	669,948	1,000,850	1,018,271	1,018,523
Revenue from interest		682,965	530,225	960,571	1,018,271	1,018,523
+ Interest income on loan portfolio		675,046	526,579	955,024	821,318	901,722
+ Products (credit)
Retail loans	—	—	—	—	—	—
Interest income from investments		7,919	3,646	5,547	5,372	—
Other interest income		—	—	0	191,581	116,801
Fee and commission income		145,515	139,722	40,279	0	—
+ Fee and commission income on loan portfolio		145,515	139,722	40,279	0	—
+ Products (credit)
Retail loans	—	—	—	—	—	—
Income from penalty fees on loan portfolio		—	—	0	0	—
Fee and commission income from other financial services		—	—	0	0	—
Other fee and commission income		—	—	0	0	—
Other operating income		17,000	97,329	485,942	0	—
Gains (losses) on exchange differences on translation recognised in profit or loss		—	—	-15,571	66,626	45,607
Gains (losses) on disposals of property, plant and equipment		—	—	0	—	—
Gains (losses) on financial assets		—	—	—	—	—
Gains (losses) on financial liabilities at fair value through profit or loss		—	—	0	—	—
Gains (losses) on held-to-maturity investments		—	—	0	—	—
Gains (losses) on loans and receivables		—	—	0	—	—
Gains (losses) on available-for-sale financial assets		—	—	0	—	—
Gains (losses) on financial liabilities at amortised cost		—	—	0	—	—
Gains (losses) on net monetary position		—	—	0	—	—
Financial expense		278,963	42,487	69,467	55,607	59,699
Interest and fee expense		41,068	40,528	69,467	55,607	59,699
Interest expense		—	—	65,362	49,651	54,664
Interest expense on borrowings		—	—	65,362	49,651	54,621
Interest expense on deposits		—	—	0	0	0
Interest expense on subordinated debt		—	—	0	0	—
Fee expense		—	—	4,105	5,957	5,034
Fee and commission expense on deposits		—	—	0	0	—
Fee and commission expense on borrowings		—	—	4,105	0	—
Other fee and commission expense		—	—	0	5,957	5,034
Other financial expense		237,896	1,959	0	0	—
Net impairment loss, gross loan portfolio		12,824	115,971	221,652	532,263	99,058
Impairment loss (reversal of impairment loss), gross loan portfolio		40,926	118,192	231,184	532,263	99,058
Recoveries on loans written off		28,101	2,221	9,532	0	0
Operating expense		425,340	509,518	631,039	670,942	739,009
Personnel expense		268,654	312,783	368,235	384,132	376,934
Depreciation and amortisation expense		0	0	70,114	55,621	17,490
Administrative expense		156,686	196,734	192,689	231,188	344,586
Net operating income		128,353	99,301	549,065	-173,915	166,364
Non operating income		15,819	40,292	67,997	109,748	65,978
Net Income before taxes and donations		144,172	139,593	617,062	-64,167	232,341
Tax expense		0	0	0	0	0
Net Income after taxes and before donations		144,172	139,593	617,062	-64,167	232,341
Donations		40,936	0	0	0	0
Net income after taxes and donations		185,108	139,593	617,062	-64,167	232,341

MFI Report

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