Income Statement for Mitra Usaha Kecil (MUK)


		2007	2008	2009	2010
Start date		2007-01-01	2008-01-01	2009-01-01	2010-01-01
As of date		2007-12-31	2008-12-31	2009-12-31	2010-12-31
Currency		USD	USD	USD	USD
Financial revenue		108,796	119,820	312,372	237,871
Interest and fee income		108,335	116,279	276,310	237,871
Revenue from interest		94,728	102,579	145,445	186,077
+ Interest income on loan portfolio		94,728	102,579	140,178	181,697
+ Products (credit)
Retail loans	—	—	—	—	—
Interest income from investments		0	—	5,268	4,379
Other interest income		—	—	—	—
Fee and commission income		13,607	13,701	130,865	51,794
+ Fee and commission income on loan portfolio		11,964	12,233	33,271	48,543
+ Products (credit)
Retail loans	—	—	—	—	—
Income from penalty fees on loan portfolio		—	—	97,385	155
Fee and commission income from other financial services		0	—	—	3,096
Other fee and commission income		1,643	1,467	209	—
Other operating income		461	3,541	36,062	—
Gains (losses) on exchange differences on translation recognised in profit or loss		—	—	—	0
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		1,420	15,809	35,546	41,159
Interest and fee expense		1,420	3,043	35,546	41,159
Interest expense		1,420	3,043	35,546	41,159
Interest expense on borrowings		1,420	3,043	12,765	41,099
Interest expense on deposits		—	—	0	0
Interest expense on subordinated debt		—	—	—	—
Fee expense		—	0	—	0
Fee and commission expense on deposits		—	—	—	—
Fee and commission expense on borrowings		—	—	—	—
Other fee and commission expense		—	—	—	—
Other financial expense		6,153	12,766	—	0
Net impairment loss, gross loan portfolio		34,127	14,961	31,182	10,039
Impairment loss (reversal of impairment loss), gross loan portfolio		34,127	14,961	31,182	10,039
Recoveries on loans written off		0	—	0	0
Operating expense		203,805	170,436	246,682	210,831
Personnel expense		92,266	83,568	98,882	128,653
Depreciation and amortisation expense		14,059	12,735	18,772	10,078
Administrative expense		97,480	74,133	129,029	72,100
Net operating income		-169,019	-68,620	-1,038	-24,158
Non operating income		17,438	11,884	0	0
Net Income before taxes and donations		-151,580	-56,736	-1,038	-24,158
Tax expense		0	0	0	164
Net Income after taxes and before donations		-151,580	-56,736	-1,038	-24,322
Donations		38,464	—	57,557	0
Net income after taxes and donations		-113,116	-56,736	56,519	-24,322

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