Income Statement for MCO Women for Women International


		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		1,845,073	3,326,015	3,027,599	1,732,970
Interest and fee income		1,832,596	3,284,615	2,992,886	1,700,678
Revenue from interest		1,832,596	3,222,190	2,907,931	1,661,050
+ Interest income on loan portfolio		1,825,193	3,210,429	2,862,813	1,625,612
+ Products (credit)
Retail loans	—	—	—	—	—
Interest income from investments		7,403	2,375	1,568	177
Other interest income		—	9,385	43,550	35,261
Fee and commission income		0	62,425	84,955	39,628
+ Fee and commission income on loan portfolio		0	62,425	84,955	39,628
+ Products (credit)
Retail loans	—	—	—	—	—
Income from penalty fees on loan portfolio		—	—	37,404	—
Fee and commission income from other financial services		—	—	—	—
Other fee and commission income		—	—	—	—
Other operating income		12,477	69,094	40,895	34,567
Gains (losses) on exchange differences on translation recognised in profit or loss		—	-27,694	-6,181	-2,275
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		294,577	665,304	611,373	323,309
Interest and fee expense		275,481	665,304	611,373	323,309
Interest expense		—	627,863	574,304	305,771
Interest expense on borrowings		—	627,863	574,304	305,771
Interest expense on deposits		—	—	0	0
Interest expense on subordinated debt		—	—	—	—
Fee expense		—	37,442	37,069	17,539
Fee and commission expense on deposits		—	—	—	—
Fee and commission expense on borrowings		—	37,442	37,069	17,539
Other fee and commission expense		—	—	—	—
Other financial expense		19,096	—	—	—
Net impairment loss, gross loan portfolio		141,012	626,916	1,394,289	907,734
Impairment loss (reversal of impairment loss), gross loan portfolio		161,767	638,478	1,413,774	1,006,668
Recoveries on loans written off		20,755	11,562	19,486	98,934
Operating expense		1,052,098	1,677,411	1,657,160	1,426,451
Personnel expense		756,764	1,212,483	924,352	970,877
Depreciation and amortisation expense		39,431	58,824	65,856	58,293
Administrative expense		255,903	406,104	666,952	397,281
Net operating income		357,386	356,384	-635,222	-924,525
Non operating income		8,364	0	0	0
Net Income before taxes and donations		365,750	356,384	-635,222	-924,525
Tax expense		0	—	0	0
Net Income after taxes and before donations		365,750	356,384	-635,222	-924,525
Donations		1,630	—	0	0
Net income after taxes and donations		367,380	356,384	-635,222	-924,525

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