Income Statement for Ariana Financial Services (Mercy Corps)


		2006	2007	2008	2009	2010
Start date		2006-04-01	2007-04-01	2008-04-01	2009-04-01	2010-04-01
As of date		2007-03-31	2008-03-31	2009-03-31	2010-03-31	2011-03-31
Currency		USD	USD	USD	USD	USD
Financial revenue		298,371	585,243	952,513	931,674	955,417
Interest and fee income		298,217	575,781	931,134	912,377	939,186
Revenue from interest		298,217	558,852	931,134	912,377	939,186
+ Interest income on loan portfolio		298,217	558,852	925,389	828,458	935,575
+ Products (credit)
Retail loans	—	—	—	—	—	—
Interest income from investments		0	0	5,745	83,920	3,611
Other interest income		—	—	—	—	—
Fee and commission income		0	16,929	0	0	0
Fee and commission income on loan portfolio		0	16,929	—	—	—
Income from penalty fees on loan portfolio		—	—	—	—	—
Fee and commission income from other financial services		—	—	—	—	—
Other fee and commission income		—	—	—	—	—
Other operating income		154	9,462	44,192	19,297	16,231
Gains (losses) on exchange differences on translation recognised in profit or loss		—	—	-22,813	—	—
Gains (losses) on disposals of property, plant and equipment		—	—	—	—	—
Gains (losses) on financial assets		—	—	—	—	—
Gains (losses) on financial liabilities at fair value through profit or loss		—	—	—	—	—
Gains (losses) on held-to-maturity investments		—	—	—	—	—
Gains (losses) on loans and receivables		—	—	—	—	—
Gains (losses) on available-for-sale financial assets		—	—	—	—	—
Gains (losses) on financial liabilities at amortised cost		—	—	—	—	—
Gains (losses) on net monetary position		—	—	—	—	—
Financial expense		74,369	122,173	129,409	233,744	205,075
Interest and fee expense		72,323	122,173	129,409	233,744	205,075
Interest expense		—	—	129,409	233,744	205,075
Interest expense on borrowings		—	—	129,409	233,744	205,075
Interest expense on deposits		—	—	—	0	0
Interest expense on subordinated debt		—	—	—	—	—
Fee expense		—	—	0	0	0
Fee and commission expense on deposits		—	—	—	—	—
Fee and commission expense on borrowings		—	—	—	—	—
Other fee and commission expense		—	—	—	—	—
Other financial expense		2,046	—	—	—	—
Net impairment loss, gross loan portfolio		14,287	28,514	353,541	149,971	298,070
Impairment loss (reversal of impairment loss), gross loan portfolio		14,287	28,514	353,541	149,971	300,444
Recoveries on loans written off		0	0	—	0	2,374
Operating expense		329,484	641,473	1,286,635	1,553,231	1,685,086
Personnel expense		206,502	420,659	816,844	1,049,053	1,283,111
Depreciation and amortisation expense		16,936	36,885	53,784	55,971	62,573
Administrative expense		106,046	183,929	416,006	448,206	339,402
Net operating income		-119,769	-206,917	-817,072	-1,005,272	-1,232,813
Non operating income		0	0	0	0	0
Net Income before taxes and donations		-119,769	-206,917	-817,072	-1,005,272	-1,232,813
Tax expense		0	0	0	0	0
Net Income after taxes and before donations		-119,769	-206,917	-817,072	-1,005,272	-1,232,813
Donations		632,377	251,418	0	831,718	2,264
Net income after taxes and donations		512,608	44,501	-817,072	-173,554	-1,230,550

MFI Report

Global Partners