|
|
Income statement
(for the fiscal year ended
June 30th ,2007)
|
|
|
|
(LE. In 000's) |
|
|
2007 |
2006 |
|
Income from Loans & from Banks |
45,263 |
87,466 |
|
Income from Government Bonds |
24,.117 |
24,026 |
|
(Less)
Cost of Deposits and
Borrowing |
(144,986) |
(157,380) |
|
Net Interest Income |
(75,.606) |
(45.888) |
|
Add: |
|
|
|
Fees & Commissions Received |
13,307 |
13,614 |
|
Dividends from Investments |
6,805 |
6,848 |
|
Profit (loss) in Foreign Exchange
|
2,018 |
1,587 |
|
Profit (loss) on Sale of Investments
|
20,634 |
3,359 |
|
Other Operating Income |
6,951 |
3,202 |
|
Net Operating Income |
(25,891) |
(17,278) |
|
|
|
|
|
(Less): |
|
|
|
Fees &Commissions Paid |
(464) |
(503) |
|
Provisions |
(3,750) |
(2,060) |
|
Revaluation of Investments
|
(1,968) |
4 |
|
General & Administrative Expenses and Depreciation |
(58,304) |
(41,470) |
|
Other Operating Expenses |
(3,260) |
(6,542) |
|
Operating Profit
(Loss) |
(93,637) |
(67,849) |
|
Non Operating Profit (Loss) |
256 |
45 |
|
Net Profit (Loss) Before
Taxes |
(93,381) |
(67,804) |
|
(Less):
Taxes |
(7,680) |
|
|
Net profit (Loss) for the
Year |
(101,061) |
(75,484) |
|
|
|
