Income Statement for Fundación Alternativas para el Desarrollo


		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		495,596	964,611	900,140	1,914,381
Interest and fee income		409,970	775,625	852,469	1,914,381
Revenue from interest		231,903	596,337	561,384	1,265,368
+ Interest income on loan portfolio		231,034	589,932	561,384	1,263,552
+ Products (credit)
Retail loans	—	—	—	—	—
Interest income from investments		869	205	0	1,816
Other interest income		—	6,200	0	0
Fee and commission income		178,067	179,288	291,085	649,013
Fee and commission income on loan portfolio		178,067	0	0	0
Income from penalty fees on loan portfolio		—	312	0	0
Fee and commission income from other financial services		—	178,976	291,085	649,013
Other fee and commission income		—	0	0	0
Other operating income		85,626	190,737	61,641	0
Gains (losses) on exchange differences on translation recognised in profit or loss		—	0	0	—
Gains (losses) on disposals of property, plant and equipment		—	-2	-13,970	—
Gains (losses) on financial assets		—	—	—	—
Gains (losses) on financial liabilities at fair value through profit or loss		—	0	—	—
Gains (losses) on held-to-maturity investments		—	0	—	—
Gains (losses) on loans and receivables		—	-1,749	—	—
Gains (losses) on available-for-sale financial assets		—	0	—	—
Gains (losses) on financial liabilities at amortised cost		—	0	—	—
Gains (losses) on net monetary position		—	—	—	—
Financial expense		44,213	149,253	153,327	359,207
Interest and fee expense		43,463	147,620	153,327	359,207
Interest expense		—	144,012	153,327	359,207
Interest expense on borrowings		—	144,012	153,327	359,207
Interest expense on deposits		—	0	0	0
Interest expense on subordinated debt		—	0	0	0
Fee expense		—	3,608	0	0
Fee and commission expense on deposits		—	0	0	0
Fee and commission expense on borrowings		—	3,608	0	0
Other fee and commission expense		—	0	0	0
Other financial expense		750	1,633	0	—
Net impairment loss, gross loan portfolio		6,636	170,962	80,777	21,548
Impairment loss (reversal of impairment loss), gross loan portfolio		7,021	172,886	80,777	33,082
Recoveries on loans written off		385	1,924	0	11,534
Operating expense		325,684	684,093	769,922	1,134,497
Personnel expense		226,752	487,454	484,610	713,972
Depreciation and amortisation expense		2,492	5,770	23,134	14,930
Administrative expense		96,440	190,869	262,178	405,595
Net operating income		119,063	-39,697	-103,886	399,129
Non operating income		9,967	-180,367	-23,981	-437,436
Net Income before taxes and donations		129,030	-220,064	-127,867	-38,307
Tax expense		0	0	0	0
Net Income after taxes and before donations		129,030	-220,064	-127,867	-38,307
Donations		0	0	132,498	404,120
Net income after taxes and donations		129,030	-220,064	4,631	365,813

MFI Report

Global Partners