Income Statement for Sénégal Ecovillage Microfinance


		2004	2005	2006	2007	2008
Start date		2004-01-01	2005-01-01	2006-01-01	2007-01-01	2008-01-01
As of date		2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31
Currency		USD	USD	USD	USD	USD
Financial revenue		0	21	340	5,361	15,953
Interest and fee income		0	21	340	5,361	13,470
Revenue from interest		—	—	—	—	13,470
+ Interest income on loan portfolio		—	—	—	—	13,470
+ Products (credit)
Retail loans	—	—	—	—	—	—
Interest income from investments		—	—	—	—	0
Other interest income		—	—	—	—	0
Fee and commission income		—	—	—	—	0
+ Fee and commission income on loan portfolio		—	—	—	—	0
+ Products (credit)
Retail loans	—	—	—	—	—	—
Income from penalty fees on loan portfolio		—	—	—	—	0
Fee and commission income from other financial services		—	—	—	—	0
Other fee and commission income		—	—	—	—	0
Other operating income		0	0	0	0	641
Gains (losses) on exchange differences on translation recognised in profit or loss		—	—	—	—	1,842
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		0	0	0	0	0
Interest and fee expense		—	—	—	—	0
Interest expense		—	—	—	—	0
Interest expense on borrowings		—	—	—	—	0
Interest expense on deposits		—	—	—	—	0
Interest expense on subordinated debt		—	—	—	—	0
Fee expense		—	—	—	—	0
Fee and commission expense on deposits		—	—	—	—	0
Fee and commission expense on borrowings		—	—	—	—	0
Other fee and commission expense		—	—	—	—	0
Other financial expense		—	—	—	—	0
Net impairment loss, gross loan portfolio		0	0	0	0	2,000
Impairment loss (reversal of impairment loss), gross loan portfolio		—	—	—	—	2,000
Recoveries on loans written off		—	—	—	—	0
Operating expense		0	275	2,652	45,808	62,506
Personnel expense		—	—	—	—	33,889
Depreciation and amortisation expense		—	—	—	—	1,251
Administrative expense		—	—	—	—	27,366
Net operating income		0	-254	-2,312	-40,447	-48,553
Non operating income		0	0	95	1,621	0
Net Income before taxes and donations		0	-254	-2,217	-38,826	-48,553
Tax expense		0	0	57	41	0
Net Income after taxes and before donations		0	-254	-2,274	-38,867	-48,553
Donations		426	2,554	4,792	94,872	53,968
Net income after taxes and donations		426	2,301	2,518	56,005	5,415

MFI Report

Global Partners