Income Statement for Hattha Kaksekar Ltd.


		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		2,983,778	6,815,125	8,503,344	10,292,551
Interest and fee income		2,887,747	6,717,300	8,463,627	10,186,765
Revenue from interest		2,887,747	6,717,300	8,196,623	9,852,392
+ Interest income on loan portfolio		2,879,518	6,689,850	7,984,219	9,841,948
+ Products (credit)
Retail loans	—	—	—	—	—
Interest income from investments		8,229	27,450	212,404	10,444
Other interest income		—	—	0	—
Fee and commission income		0	—	267,004	334,373
Fee and commission income on loan portfolio		0	—	10,867	26,479
Income from penalty fees on loan portfolio		—	—	245,470	289,471
Fee and commission income from other financial services		—	—	10,667	18,423
Other fee and commission income		—	—	0	—
Other operating income		43,771	80,818	19,312	26,043
Gains (losses) on exchange differences on translation recognised in profit or loss		40,997	17,007	19,738	77,335
Gains (losses) on disposals of property, plant and equipment		11,263	—	667	2,408
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		732,880	1,979,465	2,496,533	2,788,239
Interest and fee expense		732,880	1,979,465	2,496,533	2,788,239
Interest expense		732,880	1,979,465	2,471,267	2,739,898
Interest expense on borrowings		726,147	1,969,897	2,458,915	2,671,903
Interest expense on deposits		5,510	9,568	12,352	67,995
Interest expense on subordinated debt		—	—	—	—
Fee expense		—	—	25,266	48,341
Fee and commission expense on deposits		—	—	—	—
Fee and commission expense on borrowings		—	—	25,266	48,341
Other fee and commission expense		—	—	0	—
Other financial expense		79,491	—	0	0
Net impairment loss, gross loan portfolio		75,099	47,034	1,116,495	366,072
Impairment loss (reversal of impairment loss), gross loan portfolio		75,099	68,353	1,149,389	438,986
Recoveries on loans written off		0	21,319	32,894	72,914
Operating expense		1,366,386	2,519,168	3,366,207	4,898,298
Personnel expense		597,273	1,453,369	2,128,331	2,823,146
Depreciation and amortisation expense		128,954	198,953	207,278	261,424
Administrative expense		640,159	866,846	1,030,598	1,813,728
Net operating income		809,413	2,269,458	1,524,109	2,239,942
Non operating income		0	—	0	0
Net Income before taxes and donations		809,413	2,269,458	1,524,109	2,239,942
Tax expense		173,401	472,201	326,485	444,607
Net Income after taxes and before donations		636,012	1,797,257	1,197,624	1,795,335
Donations		79,192	66,431	17,992	42,192
Net income after taxes and donations		715,204	1,863,688	1,215,616	1,837,527

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