Income Statement for Asociación Benefica Prisma


		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		2,657,538	3,794,197	4,934,843	4,933,919
Interest and fee income		2,544,450	4,014,103	4,841,084	5,121,735
Revenue from interest		2,463,154	3,843,887	4,189,257	4,826,454
+ Interest income on loan portfolio		2,460,088	3,804,119	4,177,187	4,824,127
+ Products (credit)
Retail loans	—	—	—	—	—
Interest income from investments		3,066	0	0	0
Other interest income		—	39,767	12,070	2,328
Fee and commission income		81,297	170,216	651,827	295,281
+ Fee and commission income on loan portfolio		81,297	0	147,570	106,667
+ Products (credit)
Retail loans	—	—	—	—	—
Income from penalty fees on loan portfolio		—	0	0	0
Fee and commission income from other financial services		—	170,216	490,246	175,395
Other fee and commission income		—	0	14,011	13,218
Other operating income		113,088	0	0	0
Gains (losses) on exchange differences on translation recognised in profit or loss		—	-219,906	93,759	-187,817
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		250,559	699,759	1,133,548	1,273,079
Interest and fee expense		250,559	699,759	1,133,548	1,227,156
Interest expense		—	699,759	1,133,548	1,116,211
Interest expense on borrowings		—	625,559	1,057,438	1,116,211
Interest expense on deposits		—	0	0	0
Interest expense on subordinated debt		—	0	0	0
Fee expense		—	0	0	110,945
Fee and commission expense on deposits		—	0	0	0
Fee and commission expense on borrowings		—	0	0	110,945
Other fee and commission expense		—	0	0	0
Other financial expense		0	0	0	45,923
Net impairment loss, gross loan portfolio		57,069	139,645	534,569	497,778
Impairment loss (reversal of impairment loss), gross loan portfolio		57,069	139,645	610,431	530,514
Recoveries on loans written off		0	0	75,862	32,735
Operating expense		2,210,011	2,816,896	3,287,852	3,830,809
Personnel expense		1,253,647	1,589,932	1,893,657	2,493,844
Depreciation and amortisation expense		8,062	25,645	62,926	95,634
Administrative expense		948,302	1,201,319	1,331,270	1,241,331
Net operating income		139,899	137,897	-21,126	-667,748
Non operating income		34,559	27,196	55,231	149,690
Net Income before taxes and donations		174,458	165,093	34,105	-518,058
Tax expense		0	0	0	0
Net Income after taxes and before donations		174,458	165,093	34,105	-518,058
Donations		93,733	39,689	17,912	20,656
Net income after taxes and donations		268,191	204,782	52,016	-497,402

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