| 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) |
» Financial Information » Financial Statements for January 2014