Income Statement for Asociación de Desarrollo Integral Rural


		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		638,350	879,288	1,212,336	1,412,834	1,343,173
Interest and fee income		638,350	879,288	1,212,336	1,190,595	889,627
Revenue from interest		201,848	205,214	240,375	1,063,012	777,082
Interest income on loan portfolio		199,935	201,431	235,728	1,060,800	747,745
Interest income from investments		1,913	3,782	4,646	2,212	29,337
Other interest income		—	—	—	0	—
Fee and commission income		436,502	674,074	971,962	127,583	112,545
Fee and commission income on loan portfolio		436,502	674,074	971,962	127,114	112,298
Income from penalty fees on loan portfolio		—	—	0	0	—
Fee and commission income from other financial services		—	—	0	469	246
Other fee and commission income		—	—	0	0	—
Other operating income		0	0	—	222,239	451,898
Gains (losses) on exchange differences on translation recognised in profit or loss		—	—	—	—	1,373
Gains (losses) on disposals of property, plant and equipment		—	—	—	—	275
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		255,063	384,189	507,647	454,281	481,410
Interest and fee expense		255,063	384,189	507,647	454,281	481,410
Interest expense		—	—	496,753	441,127	465,731
Interest expense on borrowings		—	—	496,753	441,127	465,731
+ Interest expense on deposits		—	—	0	0	0
+ Products (deposits)
Retail deposits	—	—	—	—	—	—
Interest expense on subordinated debt		—	—	0	0	—
Fee expense		—	—	10,894	13,155	15,679
Fee and commission expense on deposits		—	—	—	0	—
Fee and commission expense on borrowings		—	—	8,528	7,367	6,971
Other fee and commission expense		—	—	2,366	5,788	8,708
Other financial expense		0	0	0	0	—
Net impairment loss, gross loan portfolio		116,723	18,926	149,870	69,900	9,504
Impairment loss (reversal of impairment loss), gross loan portfolio		116,723	37,163	152,273	72,859	35,180
Recoveries on loans written off		0	18,237	2,402	2,959	25,676
Operating expense		274,603	404,530	501,412	795,430	746,093
Personnel expense		129,266	158,444	206,494	433,395	348,078
Depreciation and amortisation expense		0	41,516	29,585	54,513	64,364
Administrative expense		145,337	204,570	265,333	307,522	333,651
Net operating income		-8,039	71,643	53,407	93,222	106,167
Non operating income		38,703	2,189	2,887	12,598	5,005
Net Income before taxes and donations		30,664	73,832	56,294	105,820	111,172
Tax expense		9,198	13,998	0	19,907	21,124
Net Income after taxes and before donations		21,466	59,835	56,294	85,913	90,048
Donations		15,789	0	0	0	-2,233
Net income after taxes and donations		37,255	59,835	56,294	85,913	87,815

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