Income Statement for Negros Women for Tomorrow Foundation, Inc.


		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		3,575,473	4,546,808	4,137,527	4,076,723
Interest and fee income		3,568,919	4,451,788	4,082,947	4,112,926
Revenue from interest		3,114,003	3,778,472	3,456,143	3,477,297
+ Interest income on loan portfolio		3,087,473	3,739,277	3,398,342	3,436,132
+ Products (credit)
Retail loans	—	—	—	—	—
Interest income from investments		26,530	—	—	41,165
Other interest income		—	39,195	57,801	—
Fee and commission income		454,916	673,316	626,804	635,629
+ Fee and commission income on loan portfolio		454,916	673,316	—	635,629
+ Products (credit)
Retail loans	—	—	—	—	—
Income from penalty fees on loan portfolio		—	—	—	—
Fee and commission income from other financial services		—	—	626,804	—
Other fee and commission income		—	—	—	—
Other operating income		6,554	51,549	66,694	—
Gains (losses) on exchange differences on translation recognised in profit or loss		—	43,472	-12,114	-18,737
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		—	—	—	-54,808
Gains (losses) on financial liabilities at amortised cost		—	—	—	—
Gains (losses) on net monetary position		—	—	—	—
Financial expense		687,627	608,505	437,003	277,983
Interest and fee expense		639,316	608,505	437,003	277,983
Interest expense		—	608,505	437,003	277,983
Interest expense on borrowings		—	551,310	339,267	164,990
+ Interest expense on deposits		—	57,195	97,735	112,992
+ Products (deposits)
Retail deposits	—	—	—	—	—
Interest expense on subordinated debt		—	—	—	—
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		48,312	—	0	—
Net impairment loss, gross loan portfolio		167,974	370,280	333,479	122,970
Impairment loss (reversal of impairment loss), gross loan portfolio		178,816	370,280	333,479	122,970
Recoveries on loans written off		10,842	—	0	0
Operating expense		2,667,742	3,198,958	3,066,635	3,372,462
Personnel expense		1,478,466	1,766,026	1,710,819	1,835,488
Depreciation and amortisation expense		155,700	160,707	158,679	147,225
Administrative expense		1,033,577	1,272,224	1,197,137	1,389,749
Net operating income		52,129	369,065	300,411	303,308
Non operating income		66,179	0	0	41,951
Net Income before taxes and donations		118,308	369,065	300,411	345,259
Tax expense		0	0	0	0
Net Income after taxes and before donations		118,308	369,065	300,411	345,259
Donations		0	0	0	0
Net income after taxes and donations		118,308	369,065	300,411	345,259

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