Income Statement for Asasah


		2007	2008	2009	2010
Start date		2007-07-01	2008-07-01	2009-07-01	2010-07-01
As of date		2008-06-30	2009-06-30	2010-06-30	2011-06-30
Currency		USD	USD	USD	USD
Financial revenue		1,507,285	1,272,266	1,122,356	—
Interest and fee income		1,540,963	1,270,869	1,139,496	—
Revenue from interest		1,472,183	1,227,759	1,091,860	—
+ Interest income on loan portfolio		1,443,310	1,203,802	1,066,899	—
+ Products (credit)
Retail loans	—	—	—	—	—
Interest income from investments		15,456	23,957	24,961	—
Other interest income		13,416	—	—	—
Fee and commission income		68,780	43,110	47,636	—
+ Fee and commission income on loan portfolio		68,780	43,110	47,636	—
+ Products (credit)
Retail loans	—	—	—	—	—
Income from penalty fees on loan portfolio		—	—	—	—
Fee and commission income from other financial services		—	—	—	—
Other fee and commission income		—	—	—	0
Other operating income		—	—	12,613	—
Gains (losses) on exchange differences on translation recognised in profit or loss		-33,678	1,396	-29,754	—
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		—	—	485	—
Gains (losses) on net monetary position		—	—	—	—
Financial expense		592,000	537,124	424,566	—
Interest and fee expense		592,000	537,124	425,051	—
Interest expense		504,705	442,591	424,062	—
Interest expense on borrowings		504,705	442,591	424,062	—
Interest expense on deposits		—	—	—	—
Interest expense on subordinated debt		—	—	—	—
Fee expense		87,295	94,533	989	—
Fee and commission expense on deposits		—	—	—	—
Fee and commission expense on borrowings		71,458	90,436	—	—
Other fee and commission expense		15,836	4,096	989	—
Other financial expense		—	—	-485	—
Net impairment loss, gross loan portfolio		1,061	8,908	38,503	—
Impairment loss (reversal of impairment loss), gross loan portfolio		1,061	8,908	38,503	—
Recoveries on loans written off		—	—	—	—
Operating expense		1,289,238	1,056,588	994,311	—
Personnel expense		667,137	513,866	463,060	—
Depreciation and amortisation expense		25,658	26,201	17,795	—
Administrative expense		596,443	516,521	513,457	—
Net operating income		-375,014	-330,354	-335,024	—
Non operating income		2,668	21,354	-103,021	—
Net Income before taxes and donations		-372,346	-308,999	-438,045	—
Tax expense		0	0	—	—
Net Income after taxes and before donations		-372,346	-308,999	-438,045	—
Donations		60,470	429,938	146,197	—
Net income after taxes and donations		-311,876	120,939	-291,848	—

MFI Report

Global Partners