Income Statement for Fundación para el Desarrollo Integral Espoir


	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	3,262,631	4,824,168	5,952,995	8,726,164
Interest and fee income	2,369,233	2,874,839	3,638,774	4,488,868
Revenue from interest	1,078,921	2,874,839	3,638,774	4,488,868
Interest income on loan portfolio	1,063,758	2,857,646	3,611,461	4,443,323
Interest income from investments	15,163	9,872	18,205	24,723
Other interest income	—	7,321	9,108	20,822
Fee and commission income	1,290,312	0	0	0
Fee and commission income on loan portfolio	1,290,312	0	0	—
Income from penalty fees on loan portfolio	—	0	0	—
Fee and commission income from other financial services	—	0	0	—
Other fee and commission income	—	0	0	—
Other operating income	893,398	1,949,329	2,305,614	3,496,467
Gains (losses) on exchange differences on translation recognised in profit or loss	—	—	48	0
Gains (losses) on disposals of property, plant and equipment	—	—	8,559	53,204
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	—	—	0	687,625
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	617,441	855,231	1,158,517	2,065,091
Interest and fee expense	599,119	854,504	1,158,573	2,065,091
Interest expense	—	792,593	1,111,160	2,020,239
Interest expense on borrowings	—	773,761	1,013,285	1,794,897
Interest expense on deposits	—	0	0	—
Interest expense on subordinated debt	—	0	0	—
Fee expense	—	61,911	47,413	44,852
Fee and commission expense on deposits	—	0	0	—
Fee and commission expense on borrowings	—	0	0	—
Other fee and commission expense	—	61,911	47,413	44,852
Other financial expense	18,322	727	-56	—
Net impairment loss, gross loan portfolio	85,354	125,045	274,956	318,013
Impairment loss (reversal of impairment loss), gross loan portfolio	86,763	150,154	282,639	353,578
Recoveries on loans written off	1,409	25,109	7,683	35,565
Operating expense	2,165,705	3,142,646	4,083,245	5,141,701
Personnel expense	1,269,441	1,374,655	2,476,050	3,245,621
Depreciation and amortisation expense	165,602	225,927	280,266	320,726
Administrative expense	730,662	1,542,064	1,326,929	1,575,354
Net operating income	394,131	701,246	436,277	1,201,359
Non operating income	28,318	30,368	29,100	28,536
Net Income before taxes and donations	422,449	731,614	465,377	1,229,895
Tax expense	0	0	0	227,530
Net Income after taxes and before donations	422,449	731,614	465,377	1,002,365
Donations	0	0	0	0
Net income after taxes and donations	422,449	731,614	465,377	1,002,365

MFI Report

Global Partners