Income Statement for Faitières des entités de caisses d'épargne et de crédit des associations villageoises


	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	91,302	—	426,183	736,968	654,803
Interest and fee income	75,384	—	373,591	656,080	636,941
Revenue from interest	75,384	—	248,971	483,128	441,606
Interest income on loan portfolio	45,672	—	246,500	470,030	437,515
Interest income from investments	29,712	—	204	3,011	4,091
Other interest income	—	—	2,267	10,087	—
Fee and commission income	0	—	124,621	172,952	195,334
Fee and commission income on loan portfolio	0	—	124,479	172,952	194,465
Income from penalty fees on loan portfolio	—	—	—	—	—
Fee and commission income from other financial services	—	—	142	—	—
Other fee and commission income	—	—	—	—	869
Other operating income	15,918	—	45,437	75,275	17,863
Gains (losses) on exchange differences on translation recognised in profit or loss	—	—	—	—	—
Gains (losses) on disposals of property, plant and equipment	—	—	7,154	5,613	—
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	8,289	—	39,280	116,278	114,910
Interest and fee expense	6,405	—	39,280	116,278	114,910
Interest expense	—	—	35,938	101,492	107,855
Interest expense on borrowings	—	—	35,254	94,141	104,168
Interest expense on deposits	—	—	683	4,724	3,687
Interest expense on subordinated debt	—	—	—	—	—
Fee expense	—	—	3,343	14,786	7,055
Fee and commission expense on deposits	—	—	—	—	—
Fee and commission expense on borrowings	—	—	—	—	—
Other fee and commission expense	—	—	3,343	14,786	7,055
Other financial expense	1,884	—	—	—	—
Net impairment loss, gross loan portfolio	2,706	—	-7,204	13,015	2,693
Impairment loss (reversal of impairment loss), gross loan portfolio	2,706	—	-7,204	14,031	3,342
Recoveries on loans written off	0	—	—	1,016	649
Operating expense	116,686	—	475,686	653,682	658,587
Personnel expense	56,912	—	162,197	202,516	234,537
Depreciation and amortisation expense	7,232	—	51,216	78,999	112,998
Administrative expense	52,542	—	262,274	372,167	311,051
Net operating income	-36,380	—	-81,580	-46,008	-121,387
Non operating income	9,250	—	20,510	21,070	40,059
Net Income before taxes and donations	-27,129	—	-61,070	-24,937	-81,328
Tax expense	0	—	0	0	0
Net Income after taxes and before donations	-27,129	—	-61,070	-24,937	-81,328
Donations	35,494	—	73,155	58,003	55,676
Net income after taxes and donations	8,365	—	12,085	33,066	-25,653

MFI Report

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