Income Statement for Maxima


		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		233,098	329,277	450,553	519,594
Interest and fee income		233,098	329,277	449,913	518,929
Revenue from interest		226,279	323,841	444,918	513,251
+ Interest income on loan portfolio		225,734	322,965	443,805	512,735
+ Products (credit)
Retail loans	—	—	—	—	—
Interest income from investments		545	876	1,113	516
Other interest income		0	—	0	—
Fee and commission income		6,819	5,436	4,995	5,678
Fee and commission income on loan portfolio		0	—	—	—
Income from penalty fees on loan portfolio		0	—	4,995	5,678
Fee and commission income from other financial services		1,761	1,891	—	—
Other fee and commission income		5,058	3,545	—	—
Other operating income		0	—	640	665
Gains (losses) on exchange differences on translation recognised in profit or loss		0	—	—	—
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		0	—	—	—
Financial expense		44,526	44,465	61,663	96,234
Interest and fee expense		44,526	44,465	61,663	96,234
Interest expense		44,526	44,465	52,413	81,077
Interest expense on borrowings		33,509	43,128	52,413	81,077
Interest expense on deposits		11,017	1,337	0	0
Interest expense on subordinated debt		0	—	—	—
Fee expense		0	—	9,250	15,157
Fee and commission expense on deposits		0	—	—	—
Fee and commission expense on borrowings		0	—	—	—
Other fee and commission expense		0	—	9,250	15,157
Other financial expense		0	—	—	—
Net impairment loss, gross loan portfolio		3,745	1,870	32,385	-6,217
Impairment loss (reversal of impairment loss), gross loan portfolio		3,745	1,870	32,960	-4,897
Recoveries on loans written off		0	—	575	1,320
Operating expense		148,702	230,066	279,838	305,542
Personnel expense		64,226	108,869	168,094	194,687
Depreciation and amortisation expense		5,608	16,185	22,760	15,590
Administrative expense		78,868	105,012	88,984	95,265
Net operating income		36,125	52,876	76,667	124,035
Non operating income		0	0	0	0
Net Income before taxes and donations		36,125	52,876	76,667	124,035
Tax expense		6,759	10,584	18,809	29,362
Net Income after taxes and before donations		29,366	42,292	57,858	94,673
Donations		0	—	0	0
Net income after taxes and donations		29,366	42,292	57,858	94,673

MFI Report

Global Partners