Income Statement for Centro de Promoción del Desarrollo Local


		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		2,637,892	3,647,665	3,877,190	3,260,400	2,501,831
Interest and fee income		2,226,527	3,100,485	3,800,776	3,062,033	2,447,580
Revenue from interest		2,226,527	3,100,485	3,355,992	2,868,434	2,447,510
+ Interest income on loan portfolio		2,216,083	3,081,820	3,332,482	2,834,049	2,434,922
+ Products (credit)
Retail loans	—	—	—	—	—	—
Interest income from investments		10,444	18,665	23,509	34,385	131
Other interest income		—	—	0	0	12,458
Fee and commission income		0	0	444,784	193,599	70
+ Fee and commission income on loan portfolio		0	0	440,989	185,548	—
+ Products (credit)
Retail loans	—	—	—	—	—	—
Income from penalty fees on loan portfolio		—	—	0	0	—
Fee and commission income from other financial services		—	—	3,795	8,051	—
Other fee and commission income		—	—	0	0	70
Other operating income		411,365	547,179	62,167	46,295	—
Gains (losses) on exchange differences on translation recognised in profit or loss		—	—	1,258	145,242	54,251
Gains (losses) on disposals of property, plant and equipment		—	—	12,990	6,830	—
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		677,121	1,110,480	954,783	954,916	805,145
Interest and fee expense		402,766	651,458	985,175	960,422	805,145
Interest expense		—	—	957,075	904,603	764,058
Interest expense on borrowings		—	—	911,527	883,452	764,058
+ Interest expense on deposits		—	—	45,548	21,151	0
+ Products (deposits)
Retail deposits	—	—	—	—	—	—
Interest expense on subordinated debt		—	—	0	0	—
Fee expense		—	—	28,100	55,819	41,087
Fee and commission expense on deposits		—	—	0	0	—
Fee and commission expense on borrowings		—	—	28,100	32,186	—
Other fee and commission expense		—	—	0	23,632	41,087
Other financial expense		274,355	459,022	-30,392	-5,505	—
Net impairment loss, gross loan portfolio		300,130	251,450	553,148	1,079,714	921,997
Impairment loss (reversal of impairment loss), gross loan portfolio		303,437	261,211	553,873	1,085,293	921,997
Recoveries on loans written off		3,307	9,761	724	5,579	0
Operating expense		1,344,952	1,919,438	2,336,977	1,908,661	1,762,427
Personnel expense		819,913	1,013,101	1,273,064	970,009	918,228
Depreciation and amortisation expense		0	24,005	150,212	31,787	37,338
Administrative expense		525,039	882,331	913,700	906,865	806,860
Net operating income		315,688	366,296	32,282	-682,891	-987,738
Non operating income		3,501	53,466	-41,959	-35,100	-43,580
Net Income before taxes and donations		319,189	419,762	-9,677	-717,991	-1,031,318
Tax expense		1,255	0	0	0	0
Net Income after taxes and before donations		317,934	419,762	-9,677	-717,991	-1,031,318
Donations		16,095	0	0	0	0
Net income after taxes and donations		334,029	419,762	-9,677	-717,991	-1,031,318

MFI Report

Global Partners