Income Statement for BRAC Uganda


		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		44,941	1,341,698	3,126,240	4,691,652	7,606,573
Interest and fee income		44,941	1,248,149	3,126,194	4,365,952	7,480,851
Revenue from interest		28,986	1,248,149	2,913,019	4,019,233	7,039,013
+ Interest income on loan portfolio		28,986	1,229,645	2,816,207	3,694,027	6,418,849
+ Products (credit)
Loans to corporations	—	—	—	—	—	—
Loans to financial institutions	—	—	—	—	—	—
Loans to governments	—	—	—	—	—	—
+ Retail loans	—	—	—	—	—	—
Microenterprise	—	—	—	—	—	—
Interest income from investments		0	18,504	—	325,206	113,910
Other interest income		—	—	96,812	—	506,254
Fee and commission income		15,954	0	213,175	346,719	441,838
+ Fee and commission income on loan portfolio		15,954	0	213,175	346,719	374,201
+ Products (credit)
Loans to corporations	—	—	—	—	—	—
Loans to financial institutions	—	—	—	—	—	—
Loans to governments	—	—	—	—	—	—
+ Retail loans	—	—	—	—	—	—
Microenterprise	—	—	—	—	—	—
Income from penalty fees on loan portfolio		—	—	—	—	—
Fee and commission income from other financial services		—	—	—	—	23,040
Other fee and commission income		—	—	—	—	44,597
Other operating income		0	93,549	23	—	—
Gains (losses) on exchange differences on translation recognised in profit or loss		—	—	23	325,700	125,722
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		1,331	165,852	1,229,324	1,450,271	2,189,558
Interest and fee expense		1,331	165,852	1,229,324	1,450,271	2,173,787
Interest expense		1,331	—	686,975	1,450,271	2,173,787
Interest expense on borrowings		1,331	—	686,975	1,450,271	2,173,787
+ Interest expense on deposits		0	—	—	0	0
+ Products (deposits)
Deposits from corporations	—	—	—	—	—	—
Deposits from financial institutions	—	—	—	—	—	—
Deposits from governments	—	—	—	—	—	—
Retail deposits	—	—	—	—	—	—
Interest expense on subordinated debt		—	—	—	—	—
Fee expense		0	—	542,349	0	—
+ Fee and commission expense on deposits		—	—	—	—	—
+ Products (deposits)
Deposits from corporations	—	—	—	—	—	—
Deposits from financial institutions	—	—	—	—	—	—
Deposits from governments	—	—	—	—	—	—
Retail deposits	—	—	—	—	—	—
Fee and commission expense on borrowings		—	—	542,349	—	—
Other fee and commission expense		—	—	—	—	—
Other financial expense		0	0	—	—	15,771
Net impairment loss, gross loan portfolio		11,070	153,041	310,616	547,511	589,251
Impairment loss (reversal of impairment loss), gross loan portfolio		11,070	153,041	310,616	547,511	589,251
Recoveries on loans written off		0	0	—	0	0
Operating expense		195,142	864,875	1,806,814	4,213,027	4,872,712
Personnel expense		75,945	397,915	1,223,324	3,004,793	2,893,647
Depreciation and amortisation expense		3,447	16,948	28,891	65,094	96,562
Administrative expense		115,750	450,012	554,599	1,143,140	1,882,503
Net operating income		-162,602	157,929	-220,537	-1,519,158	-44,948
Non operating income		0	0	0	0	0
Net Income before taxes and donations		-162,602	157,929	-220,537	-1,519,158	-44,948
Tax expense		0	0	0	194,435	520,512
Net Income after taxes and before donations		-162,602	157,929	-220,537	-1,713,593	-565,460
Donations		628,616	815,195	225,490	1,709,377	2,577,687
Net income after taxes and donations		466,014	973,124	4,953	-4,215	2,012,227

MFI Report

Global Partners