Income Statement for CCT Credit Cooperative


	2004	2005	2006
Start date	2004-01-01	2005-01-01	2006-01-01
As of date	2004-12-31	2005-12-31	2006-12-31
Currency	USD	USD	USD
Financial revenue	1,495,312	2,767,277	4,047,164
Interest and fee income	1,457,379	2,767,277	4,047,164
Revenue from interest	—	2,263,741	3,283,673
Interest income on loan portfolio	—	2,262,612	3,277,090
Interest income from investments	—	1,128	6,583
Other interest income	—	—	—
Fee and commission income	—	503,537	763,491
Fee and commission income on loan portfolio	—	503,537	763,491
Income from penalty fees on loan portfolio	—	—	—
Fee and commission income from other financial services	—	—	—
Other fee and commission income	—	—	—
Other operating income	37,933	0	0
Gains (losses) on exchange differences on translation recognised in profit or loss	—	—	—
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	77,831	124,904	255,513
Interest and fee expense	—	124,904	255,513
Interest expense	—	—	—
Interest expense on borrowings	—	—	—
Interest expense on deposits	—	—	—
Interest expense on subordinated debt	—	—	—
Fee expense	—	—	—
Fee and commission expense on deposits	—	—	—
Fee and commission expense on borrowings	—	—	—
Other fee and commission expense	—	—	—
Other financial expense	—	0	0
Net impairment loss, gross loan portfolio	185,618	351,130	408,219
Impairment loss (reversal of impairment loss), gross loan portfolio	—	351,130	408,219
Recoveries on loans written off	—	0	0
Operating expense	955,843	2,115,845	3,144,550
Personnel expense	—	973,235	1,804,292
Depreciation and amortisation expense	—	59,983	55,869
Administrative expense	—	1,082,627	1,284,390
Net operating income	276,019	175,399	238,882
Non operating income	0	0	0
Net Income before taxes and donations	276,019	175,399	238,882
Tax expense	0	0	0
Net Income after taxes and before donations	276,019	175,399	238,882
Donations	0	178,096	39,313
Net income after taxes and donations	276,019	353,496	278,195

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