Income Statement for Programa de Apoyo para el Desarrollo de la Microempresa Emprender Bolivia


		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		579,560	1,022,529	1,173,975	1,795,681
Interest and fee income		566,870	1,001,824	1,049,540	1,224,883
Revenue from interest		497,784	892,190	1,024,880	1,224,137
+ Interest income on loan portfolio		494,639	886,597	1,015,787	1,220,403
+ Products (credit)
Retail loans	—	—	—	—	—
Interest income from investments		3,145	5,508	6,497	3,709
Other interest income		—	85	2,595	25
Fee and commission income		69,086	109,633	24,660	746
+ Fee and commission income on loan portfolio		69,086	106,726	0	0
+ Products (credit)
Retail loans	—	—	—	—	—
Income from penalty fees on loan portfolio		—	0	0	0
Fee and commission income from other financial services		—	850	24,660	746
Other fee and commission income		—	2,057	0	0
Other operating income		12,691	5,710	124,435	569,280
Gains (losses) on exchange differences on translation recognised in profit or loss		—	14,996	—	1,518
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		—	27,402	-713	—
Financial expense		70,140	135,848	210,476	316,650
Interest and fee expense		82,725	158,773	207,815	312,781
Interest expense		—	153,224	207,815	305,944
Interest expense on borrowings		—	153,224	194,202	305,944
Interest expense on deposits		—	0	0	0
Interest expense on subordinated debt		—	0	0	0
Fee expense		—	5,549	0	6,837
Fee and commission expense on deposits		—	0	0	0
Fee and commission expense on borrowings		—	0	0	0
Other fee and commission expense		—	5,549	0	6,837
Other financial expense		9,975	-22,925	2,662	3,869
Net impairment loss, gross loan portfolio		32,958	85,321	56,007	103,664
Impairment loss (reversal of impairment loss), gross loan portfolio		33,402	87,589	63,109	117,609
Recoveries on loans written off		444	2,268	7,102	13,945
Operating expense		355,609	629,944	853,888	1,175,815
Personnel expense		213,425	366,155	536,062	717,887
Depreciation and amortisation expense		14,625	21,248	25,977	64,168
Administrative expense		127,560	242,541	291,848	393,761
Net operating income		120,853	171,416	53,603	199,552
Non operating income		-534	-319	0	0
Net Income before taxes and donations		120,320	171,097	53,603	199,552
Tax expense		0	0	0	0
Net Income after taxes and before donations		120,320	171,097	53,603	199,552
Donations		0	0	0	0
Net income after taxes and donations		120,320	171,097	53,603	199,552

MFI Report

Global Partners