Income Statement for Soro Yiriwaso


		2006	2007	2008	2009	2010
Start date		2006-01-01	2007-01-01	2008-01-01	2009-01-01	2010-01-01
As of date		2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31
Currency		USD	USD	USD	USD	USD
Financial revenue		530,228	860,190	1,435,469	1,354,143	1,591,636
Interest and fee income		530,228	859,589	1,013,477	1,131,914	1,590,047
Revenue from interest		530,228	859,589	902,891	1,044,888	1,502,519
+ Interest income on loan portfolio		333,509	212,897	902,891	1,032,612	1,486,925
+ Products (credit)
Retail loans	—	—	—	—	—	—
Interest income from investments		196,718	646,692	0	—	—
Other interest income		—	—	0	12,276	15,593
Fee and commission income		0	0	110,586	87,026	87,528
+ Fee and commission income on loan portfolio		0	0	110,586	76,123	77,250
+ Products (credit)
Retail loans	—	—	—	—	—	—
Income from penalty fees on loan portfolio		—	—	0	4,642	4,362
Fee and commission income from other financial services		—	—	0	6,261	—
Other fee and commission income		—	—	0	—	5,916
Other operating income		0	601	421,992	222,229	1,589
Gains (losses) on exchange differences on translation recognised in profit or loss		—	—	0	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		44,213	181,481	343,164	390,848	534,055
Interest and fee expense		44,213	181,481	343,164	390,848	534,055
Interest expense		—	—	343,164	390,848	534,055
Interest expense on borrowings		—	—	343,164	390,848	534,055
Interest expense on deposits		—	—	0	0	0
Interest expense on subordinated debt		—	—	0	—	—
Fee expense		—	—	0	0	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	0	0	0	—
Net impairment loss, gross loan portfolio		6,930	1,623	61,023	8,351	85,748
Impairment loss (reversal of impairment loss), gross loan portfolio		6,930	1,623	61,023	8,351	85,748
Recoveries on loans written off		0	0	0	0	0
Operating expense		591,158	681,450	855,509	914,620	881,404
Personnel expense		331,433	317,933	421,791	490,695	455,056
Depreciation and amortisation expense		56,090	49,359	38,592	46,993	63,361
Administrative expense		203,635	314,158	395,126	376,932	362,986
Net operating income		-112,073	-4,363	175,773	40,324	90,429
Non operating income		-23,708	-3,120	-61,699	-9,734	-59,748
Net Income before taxes and donations		-135,781	-7,483	114,074	30,589	30,680
Tax expense		0	0	0	0	0
Net Income after taxes and before donations		-135,781	-7,483	114,074	30,589	30,680
Donations		60,505	54,843	32,364	16,722	44,094
Net income after taxes and donations		-75,276	47,360	146,438	47,311	74,775

MFI Report

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