ACLEDA MFI Myanmar Co., Ltd.

 »  Financial Information  »  Financial Statements for February 2016

Financial Statements for February 2016


Balance Sheet (Unaudited)
February 29, 2016

Description Amounts in USD
ASSETS  
Total cash 91,046
Cash - MMK 89,565
Cash - USD 1,481
Bank deposits 1,470
Deposit with other banks 774
ST Deposit with other banks -
Current Deposit with other banks 774
Deposit with central bank 696
ST Deposit with MICB -
Current Deposit with MICB 696
CBM reserve requirement -
Reserve requirement -
Capital guarantee deposit -
Gross loan assets 8,360,466
Micro1 Business Loan 842,576
Micro2 Business Loan 7,517,890
Micro3 Business Loan -
Personal Loan -
Less specific provision (199)
Net loan assets 8,360,267
Prepayment and int. receivable 503,190
Prepayment 377,926
Interest receivable - MMK 125,264
Interest receivable - USD -
Other assets 2,040
Total fixed assets 414,858
Intangible assets -
Accu. amortization-intangible assets -
Tangible assets 414,858
Accu. depre-building & tangible assets (375,850)
Net fixed assets 39,008
Total assets 8,997,020
LIABILITIES  
Total deposits 334,255
Withholding tax 26,026
Accrued expenses and other liabilities 635,111
Health insurance fund 1,004
General provision on loan 167,190
Staff pension fund -
Total liabilities 1,163,587
EQUITY  
Share capital 6,467,259
Capacity Building (Grant by ACL) -
General Reserves 132,929
Retained earning previous period 398,786
Currency translation reserve 6,890
Net income current year 827,570
Total equity 7,833,434
Inter-branch balance -
Total liabilities & equity 8,997,020

Income Statement (Unaudited)
February 29, 2016

Description Amounts in USD
Interest on micro1 business loan 21,105
Interest on micro2 business loan 180,006
Interest on micro3 business loan -
Interest on personal loan -
Interest on bad & doubtful loans 197
Interest on bank deposit -
Income on investment and trading securities -
Total interest income 201,308
Commission received on remittance -
Western Union -
Loan fee 13,446
Payroll service -
Foreign exchange -
Trade finance -
Fees received on e-banking system -
Others commission income -
Income from sale of check book 276
Service chrg/penalty saving 491
Consultancy incomes -
Miscellaneous income -
Recovery on loan prev chrg-off -
Total other revenues 14,214
Total financial income 215,522
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 211,625
Loan loss expense (562)
Provision for loan - MMK (562)
Provision for loan - USD -
Provision for loan - THB -
Provision for accrued interest 1
ATM/Credit card provision expense -
Currency translation expenses 7,339
Financial margin 218,403
Operational cost  
Total salaries 33,189
Health insur. & social welfare fund exp. 1,999
Other insurance expenses 306
Employee train-work related expenses 95
Depreciation expenses 6,505
Purchases of FF and equipments -
ATM/Credit card expenses -
Motor vehicle operating expenses 178
Repair and maint exp-FF and equipment 655
Publicity expenses 167
Advertising and promotion expense -
Rentals charges 14,892
Contribute to employee pension fund 1,544
Employee uniform expense 1,120
Other employee expenses (34)
Litigation expenses -
Bank charges 49
Fees & commission paid to bank -
Swift expense -
Office supplies 728
Other miscellaneous expenses 993
Printing & forms expenses 442
Other taxes expenses -
Telecommunication charges 700
Travel charges 5,346
Utilities charges 390
Disposal of fixed assets -
ACLEDA Bank MSA 66,122
Bank license fees 539
External advice / audit fee -
Board of director expenses 1,994
Total administrative expense 137,920
Profit before capacity building grants income 80,483
Capapcity building grants income (IFC) -
Capapcity building grants income (KFW) -
Capapcity building grants income (COFIBRED) -
Total capacity building grants -
Profit before income tax 80,483
Income tax expense 32,752
Net profit (loss) after taxes 47,731
Feedback Form     Legal Notice     Find us on Facebook
Online Visitors: 35    Today‚Äč Visitors: 210    Yesterday Visitors: 222