ACLEDA MFI Myanmar Co., Ltd.

 »  Financial Information  »  Financial Statements for January 2016

Financial Statements for January 2016


Balance Sheet (Unaudited)
January 31, 2016

Description Amounts in USD
ASSETS  
Total cash 80,238
Cash - MMK 68,526
Cash - USD 11,712
Bank deposits 1,442
Deposit with other banks 772
ST Deposit with other banks -
Current Deposit with other banks 772
Deposit with central bank 670
ST Deposit with MICB -
Current Deposit with MICB 670
CBM reserve requirement -
Reserve requirement -
Capital guarantee deposit -
Gross loan assets 7,963,482
Micro1 Business Loan 889,010
Micro2 Business Loan 7,074,472
Micro3 Business Loan -
Personal Loan -
Less specific provision (213)
Net loan assets 7,963,269
Prepayment and int. receivable 663,217
Prepayment 532,292
Interest receivable - MMK 130,925
Interest receivable - USD -
Other assets 1,995
Total fixed assets 398,793
Intangible assets -
Accu. amortization-intangible assets -
Tangible assets 398,793
Accu. depre-building & tangible assets (355,023)
Net fixed assets 43,770
Total assets 8,753,930
LIABILITIES  
Total deposits 310,386
Withholding tax 13,285
Accrued expenses and other liabilities 827,409
Health insurance fund 838
General provision on loan 159,265
Staff pension fund -
Total liabilities 1,311,184
EQUITY  
Share capital 6,182,380
Capacity Building (Grant by ACL) -
General Reserves 127,073
Retained earning previous period 381,220
Currency translation reserve (27,765)
Net income current year 779,838
Total equity 7,442,746
Inter-branch balance -
Total liabilities & equity 8,753,930

Income Statement (Unaudited)
January 31, 2016

Description Amounts in USD
Interest on micro1 business loan 23,205
Interest on micro2 business loan 181,796
Interest on micro3 business loan -
Interest on personal loan -
Interest on bad & doubtful loans 225
Interest on bank deposit -
Income on investment and trading securities -
Total interest income 205,227
Commission received on remittance -
Western Union -
Loan fee 12,606
Payroll service -
Foreign exchange -
Trade finance -
Fees received on e-banking system -
Others commission income -
Income from sale of check book 304
Service chrg/penalty saving 383
Consultancy incomes -
Miscellaneous income 1
Recovery on loan prev chrg-off -
Total other revenues 13,293
Total financial income 218,520
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 3,897
Total financial cost 3,897
Gross financial result 214,624
Loan loss expense (135)
Provision for loan - MMK (135)
Provision for loan - USD -
Provision for loan - THB -
Provision for accrued interest -
ATM/Credit card provision expense -
Currency translation expenses 1,652
Financial margin 216,141
Operational cost  
Total salaries 31,900
Health insur. & social welfare fund exp. 2,127
Other insurance expenses 295
Employee train-work related expenses -
Depreciation expenses 9,362
Purchases of FF and equipments -
ATM/Credit card expenses -
Motor vehicle operating expenses 221
Repair and maint exp-FF and equipment 161
Publicity expenses 67
Advertising and promotion expense -
Rentals charges 14,236
Contribute to employee pension fund 1,553
Employee uniform expense 1,074
Other employee expenses 328
Litigation expenses -
Bank charges -
Fees & commission paid to bank -
Swift expense -
Office supplies 2,044
Other miscellaneous expenses 979
Printing & forms expenses 453
Other taxes expenses -
Telecommunication charges 658
Travel charges 2,252
Utilities charges 801
Disposal of fixed assets -
ACLEDA Bank MSA 67,433
Bank license fees 515
External advice / audit fee 6,631
Board of director expenses 2,005
Total administrative expense 145,095
Profit before capacity building grants income 71,046
Capapcity building grants income (IFC) -
Capapcity building grants income (KfW) -
Capapcity building grants income (COFIBRED) -
Total capacity building grants -
Profit before income tax 71,046
Income tax expense 17,761
Net profit (loss) after taxes 53,284
Feedback Form     Legal Notice     Find us on Facebook
Online Visitors: 7    Today‚Äč Visitors: 182    Yesterday Visitors: 222