Income Statement for HOPE Ukraine


	2006	2007	2008	2009	2010
Start date	2005-05-01	2007-01-01	2008-01-01	2009-01-01	2010-01-01
As of date	2006-04-30	2007-12-31	2008-12-31	2009-12-31	2010-12-31
Currency	USD	USD	USD	USD	USD
Financial revenue	889,610	939,165	695,594	1,087,252	687,086
Interest and fee income	889,575	433,598	1,437,739	993,564	678,841
Revenue from interest	889,575	433,598	1,423,180	993,564	667,944
Interest income on loan portfolio	889,575	430,020	1,418,199	993,564	596,508
Interest income from investments	0	3,579	—	0	71,436
Other interest income	—	0	4,981	0	—
Fee and commission income	0	—	14,559	0	10,897
Fee and commission income on loan portfolio	0	—	0	—	—
Income from penalty fees on loan portfolio	—	—	14,559	—	—
Fee and commission income from other financial services	—	—	—	—	—
Other fee and commission income	—	—	—	—	—
Other operating income	35	—	575	93,688	2,685
Gains (losses) on exchange differences on translation recognised in profit or loss	—	505,567	-742,720	—	5,559
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	—	—	—	—	—
Financial expense	3,875	505,169	139,847	176,980	176,114
Interest and fee expense	3,875	505,169	139,847	176,980	176,114
Interest expense	—	505,169	139,847	176,980	176,114
Interest expense on borrowings	—	505,169	139,847	176,980	176,114
Interest expense on deposits	—	0	—	0	0
Interest expense on subordinated debt	—	0	—	0	—
Fee expense	—	—	0	0	0
Fee and commission expense on deposits	—	—	—	—	—
Fee and commission expense on borrowings	—	—	—	—	—
Other fee and commission expense	—	—	—	—	—
Other financial expense	0	—	—	0	—
Net impairment loss, gross loan portfolio	2,393	3,976	93,103	403,218	-101,797
Impairment loss (reversal of impairment loss), gross loan portfolio	2,393	3,976	93,103	403,218	-41,625
Recoveries on loans written off	0	0	—	0	60,172
Operating expense	530,036	390,258	1,064,943	923,515	946,616
Personnel expense	327,185	178,728	503,640	413,861	680,722
Depreciation and amortisation expense	1,588	0	—	15,718	12,986
Administrative expense	201,263	211,531	561,303	493,936	252,908
Net operating income	353,306	39,563	-602,299	-416,460	-333,848
Non operating income	-21,504	0	-13,602	-69,431	-88,050
Net Income before taxes and donations	331,802	39,563	-615,900	-485,891	-421,898
Tax expense	0	18,290	—	0	0
Net Income after taxes and before donations	331,802	21,272	-615,900	-485,891	-421,898
Donations	261,652	0	—	0	0
Net income after taxes and donations	593,454	21,272	-615,900	-485,891	-421,898

MFI Report

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