Income Statement for Asociación Incubadora de Microempresas Productivas


		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		145,548	169,986	186,050	289,022
Interest and fee income		138,537	158,091	175,828	272,778
Revenue from interest		138,537	158,091	175,828	272,778
+ Interest income on loan portfolio		138,537	158,091	175,828	272,778
+ Products (credit)
Retail loans	—	—	—	—	—
Interest income from investments		0	0	0	—
Other interest income		—	0	0	—
Fee and commission income		0	0	0	0
Fee and commission income on loan portfolio		0	0	0	0
Income from penalty fees on loan portfolio		—	0	0	0
Fee and commission income from other financial services		—	0	0	0
Other fee and commission income		—	0	0	0
Other operating income		7,011	11,895	10,223	18,191
Gains (losses) on exchange differences on translation recognised in profit or loss		—	—	0	-1,947
Gains (losses) on disposals of property, plant and equipment		—	—	0	—
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	—
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		57,657	16,183	14,398	60,530
Interest and fee expense		8,664	16,183	14,398	71,546
Interest expense		—	16,183	14,398	55,510
Interest expense on borrowings		—	16,183	14,398	55,510
Interest expense on deposits		—	0	0	0
Interest expense on subordinated debt		—	0	0	—
Fee expense		—	0	0	16,037
Fee and commission expense on deposits		—	0	0	0
Fee and commission expense on borrowings		—	0	0	0
Other fee and commission expense		—	0	0	16,037
Other financial expense		48,993	0	0	-11,017
Net impairment loss, gross loan portfolio		2,780	5,671	1,984	16,522
Impairment loss (reversal of impairment loss), gross loan portfolio		2,780	5,671	2,945	16,522
Recoveries on loans written off		0	0	962	0
Operating expense		38,386	87,690	135,313	184,981
Personnel expense		28,643	44,813	83,906	110,783
Depreciation and amortisation expense		0	3,181	3,882	6,419
Administrative expense		9,743	39,696	47,525	67,779
Net operating income		46,725	60,443	34,355	26,990
Non operating income		4,228	-6,639	19,507	26,844
Net Income before taxes and donations		50,953	53,804	53,862	53,835
Tax expense		0	0	0	0
Net Income after taxes and before donations		50,953	53,804	53,862	53,835
Donations		0	0	0	0
Net income after taxes and donations		50,953	53,804	53,862	53,835

MFI Report

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