Description |
Amounts in USD |
Assets |
|
Total cash |
351,843 |
Cash - MMK |
342,207 |
Cash - USD |
9,636 |
Bank deposits |
4,813,016 |
ST Deposit with MICB |
1,005,066 |
Deposit with MICB & other banks |
3,807,950 |
CBM reserve requirement |
- |
Reserve requirement |
- |
Capital guarantee deposit |
- |
Gross loan assets |
3,259,782 |
Loan assets MMK |
3,259,782 |
Less specific provision |
- |
Net loan assets |
3,259,782 |
Prepayment and int. receivable |
237,694 |
Prepayment |
184,491 |
Interest receivable - MMK |
53,203 |
Interest receivable - USD |
- |
Other assets |
27,360 |
Investment |
- |
Total fixed assets |
482,606 |
Intangible assets |
- |
Accu. amortization-intangible assets |
- |
Land |
- |
Building |
- |
Other tangible assets |
482,606 |
Accu. depre-building & tangible assets |
(122,013) |
Net fixed assets |
360,593 |
Total assets |
9,050,288 |
Liabilities |
|
Total deposits |
130,354 |
Withholding tax |
1,904 |
Accrued expenses and other liabilities |
1,114,194 |
Health insurance fund |
(27) |
General provision on loan |
32,598 |
Staff pension fund |
- |
Total liabilities |
1,279,023 |
Equity |
|
Share capital |
8,105,370 |
Position account foreign exchange |
- |
Capacity building (grant by ACL) |
- |
General reserves |
- |
Retained earning previous period |
641,832 |
Net income current year |
307,726 |
Total equity |
7,771,264 |
Inter-branch balance |
- |
Total liabilities & equity |
9,050,288 |
Description |
Amounts in USD |
Interest on micro 1 business loan |
17,057 |
Interest on micro 2 business loan |
56,857 |
Interest on micro 3 business loan |
526 |
Interest on special mention loan |
4 |
Interest on personal loan |
- |
Interest on bad & doubtful loans |
- |
Interest on bank deposit |
4,924 |
Income on investment and trading securities |
- |
Total interest income |
79,367 |
Commission received on remittance |
- |
Western union |
- |
Loan fee |
909 |
Payroll service |
- |
Foreign currency exchange |
- |
Trade finance |
- |
Fees received on e-banking system |
- |
Others commission income |
- |
Income from sale of check book |
963 |
Service chrg/penalty saving |
669 |
Consultancy incomes |
- |
Miscellaneous income |
1 |
Recovery on loan prev chrg-off |
- |
Total other revenues |
2,542 |
Total financial income |
81,910 |
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 |
945 |
Total financial cost |
945 |
Gross financial result |
80,965 |
Loan loss expense |
(6,467) |
Provision for loan - MMK |
(6,467) |
Provision for loan - USD |
- |
Provision for loan - THB |
- |
Provision for accrued interest |
- |
ATM/credit card provision expense |
- |
Currency translation expenses |
(356) |
Financial margin |
74,143 |
Operational cost |
|
Total salaries |
87,235 |
Health insur. & social welfare fund exp. |
1,456 |
Other insurance expenses |
334 |
Employee train-work related expenses |
2,714 |
Depreciation expenses |
13,602 |
Purchases of FF and equipments |
2,886 |
ATM/credit card expenses |
- |
Motor vehicle operating expenses |
124 |
Repair and maint exp-FF and equipment |
270 |
Publicity expenses |
87 |
Advertising and promotion expense |
254 |
Rentals charges |
15,005 |
Contribute to employee pension fund |
1,430 |
Employee uniform expense |
4,818 |
Other employee expenses |
- |
Litigation Expense |
- |
Bank charges |
4 |
Fees & commission paid to bank |
- |
Swift expense |
- |
Office supplies |
1,997 |
Other miscellaneous expenses |
793 |
Printing & forms expenses |
1,706 |
Other taxes expenses |
- |
Telecommunication charges |
1,033 |
Travel charges |
13,038 |
Utilities charges |
(146) |
Disposal of fixed assets |
- |
Bank license fees |
1,828 |
External advice / audit fee |
- |
Board of director expenses |
1,000 |
Total administrative expense |
151,469 |
Pre-tax financial income |
(77,327) |
Tax on P&L on ordinary activities |
- |
Net profit (loss) after taxes |
(77,327) |