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navigate_nextFinancial Informationnavigate_nextQuarterly Financial Statementsnavigate_next1st Quarter 2014
Quarterly Financial Statements
Income Statement (Unaudited)
For the period: January — March 2014
| 1st Quarter 2014 Amounts in LAK |
|
|---|---|
| Interest income | 29,077,247,091 |
| Interest expense | (13,823,317,387) |
| NET INTEREST INCOME | 15,253,929,705 |
| Fee and commission income | 4,546,557,764 |
| Other income | 1,118,902,182 |
| General and administrative expenses | (18,917,577,170) |
| OPERATING INCOME | 2,001,812,480 |
| Provision for bad and doubtful loans and advances | (763,581,623) |
| PROFIT BEFORE INCOME TAX | 1,238,230,857 |
| Income tax expense | - |
| NET PROFIT FOR THE PERIOD | 1,238,230,857 |
Balance Sheet (Unaudited)
As at March 31, 2014
| 1st Quarter 2014 Amounts in LAK |
|
|---|---|
| ASSETS | |
| Cash and cash equivalents | 83,979,824,962 |
| Deposits and placements with other banks | 181,294,971,434 |
| Statutory deposits | 72,539,861,184 |
| Loans and advances | 708,294,581,634 |
| Specific provision | (6,740,716,182) |
| Other assets | 16,239,040,095 |
| Property and equipment - net | 27,041,091,999 |
| Intangible assets | 9,234,431,880 |
| TOTAL ASSETS | 1,091,883,087,005 |
| LIABILITIES | |
| Deposits from customers and banks | 637,035,556,058 |
| Other liabilities | 34,094,305,998 |
| Borrowings | 192,648,000,000 |
| Total liabilities | 863,777,862,056 |
| EQUITY | |
| Share capital | 220,000,000,000 |
| General reserves | 7,130,699,000 |
| Accumulated losses | 974,525,950 |
| Total shareholders' equity | 228,105,224,949 |
| TOTAL EQUITY AND LIABILITIES | 1,091,883,087,005 |
Note:
- Please click here for quarterly financial statements in Laos.
- The audited yearly financial statements are also available at audited financial statements page and you may find more detailed reports in our Annual Reports.
