Description |
Amounts in USD |
Assets |
|
Total cash |
326,723 |
Cash - MMK |
301,467 |
Cash - USD |
25,256 |
Cash - THB |
- |
Cash - EUR |
- |
Cash - AUD |
- |
Bank deposits |
6,349,663 |
Deposit with MICB |
508,647 |
Deposit with other banks |
5,841,016 |
MICB reserve requirement |
- |
Reserve requirement |
- |
Capital guarantee deposit |
- |
Gross loan assets |
2,026,509 |
Loan assets MMK |
2,026,509 |
Loan assets USD |
- |
Loan assets THB |
- |
Less specific provision |
- |
Net loan assets |
2,026,509 |
Prepayment and int. receivable |
116,669 |
Prepayment |
81,026 |
Interest receivable - MMK |
35,643 |
Interest receivable - USD |
- |
Interest receivable - THB |
- |
Interest receivable - EUR |
- |
Other assets |
27,656 |
Investment |
- |
Total fixed assets |
466,265 |
Fixed assets under constr/develop |
- |
Fixed assets under const-tangible |
- |
Fixed assets under const-intangible |
- |
Intangible assets |
- |
Accu. amortization-intangible assets |
- |
Land |
- |
Building |
- |
Other tangible assets |
466,265 |
Accu. depre-building & tangible assets |
(93,885) |
Net fixed assets |
372,380 |
Total assets |
9,219,599 |
Liabilities |
|
Total deposits |
138,251 |
Withholding tax |
28,992 |
Accrued expenses and other liabilities |
1,447,297 |
Health insurance fund |
1,030 |
General provision on loan |
40,530 |
Staff pension fund |
- |
Subordinate debts |
- |
Short-term loans |
- |
Long-term loans |
- |
Total liabilities |
1,656,100 |
Equity |
|
Share capital |
8,138,352 |
Position account foreign exchange |
- |
Capacity building (grant by ACL) |
- |
General reserves |
- |
Retained earning previous period |
(644,444) |
Net income current year |
69,590 |
Total equity |
7,563,499 |
Inter-branch balance |
- |
Total liabilities & equity |
9,219,599 |
Description |
Amounts in USD |
Interest on micro 1 business loan |
12,322 |
Interest on micro 2 business loan |
31,088 |
Interest on micro 3 business loan |
554 |
Interest on personal loan |
- |
Interest on bad & doubtful loans |
- |
Interest on bank deposit |
3,345 |
Income on investment and trading securities |
- |
Total interest income |
47,309 |
Commission received on remittance |
- |
Western union |
- |
Loan fee |
429 |
Payroll service |
- |
Foreign currency exchange |
- |
Trade finance |
- |
Fees received on e-banking system |
- |
Others commission income |
- |
Income from sale of check book |
671 |
Service chrg/penalty saving |
1 |
Consultancy incomes |
- |
Miscellaneous income |
5 |
Recovery on loan prev chrg-off |
- |
Total other revenues |
1,107 |
Total financial income |
48,416 |
Financial cost |
|
Interest expense on debts- MMK |
- |
Interest expense on debts - USD |
- |
Interest expense on debts - THB |
- |
Interest expense on debts - EUR |
- |
Interest on deposits |
528 |
Total financial cost |
528 |
Gross financial result |
47,888 |
Loan loss expense |
(11,506) |
Provision for loan - MMK |
(11,506) |
Provision for loan - USD |
- |
Provision for loan - THB |
- |
Provision for accrued interest |
- |
ATM/credit card provision expense |
- |
Currency translation expenses |
(6,219) |
Financial margin |
30,162 |
Operational cost |
|
Total salaries |
129,414 |
Health insur. & social welfare fund exp. |
942 |
Other insurance expenses |
258 |
Employee train-work related expenses |
11,076 |
Depreciation expenses |
12,491 |
Purchases of FF and equipments |
2,606 |
ATM/credit card expenses |
- |
Motor vehicle operating expenses |
52 |
Repair and maint exp-FF and equipment |
171 |
Publicity expenses |
278 |
Advertising and promotion expense |
- |
Rentals charges |
14,252 |
Contribute to employee pension fund |
1,535 |
Employee uniform expense |
1,776 |
Other employee expenses |
- |
Litigation Expense |
- |
Bank charges |
8 |
Fees & commission paid to bank |
- |
Swift expense |
- |
Office supplies |
3,709 |
Other miscellaneous expenses |
559 |
Printing & forms expenses |
1,084 |
Other taxes expenses |
- |
Telecommunication charges |
1,056 |
Travel charges |
4,125 |
Utilities charges |
1,043 |
Disposal of fixed assets |
- |
Bank license fees |
898 |
External advice / audit fee |
- |
Board of director expenses |
1,000 |
Total administrative expense |
188,334 |
Pre-tax financial income |
(158,171) |
Tax on P&L on ordinary activities |
- |
Net profit (loss) after taxes |
(158,171) |