| 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) |
» Financial Information » Financial Statements for November 2013