Quarterly Financial Statements

Income Statement (Unaudited)

	1st Quarter 2016 Amounts in LAK

Interest income	31,661,424,878
Interest expense	(13,691,740,242)
NET INTEREST INCOME	17,969,684,636

Fee and commission income	11,849,978,054
Other income	3,936,444,343
General and administrative expenses	(27,073,762,483)
OPERATING INCOME	6,682,344,550

Provision for bad and doubtful loans and advances	(2,961,045,898)
PROFIT BEFORE INCOME TAX	3,721,298,652
Income tax expense	-
NET PROFIT FOR THE PERIOD	3,721,298,652

	1st Quarter 2016 Amounts in LAK
ASSETS
Cash and cash equivalents	92,800,267,396
Deposits and placements with other banks	179,628,531,253
Statutory deposits	21,120,661,492
Loans and advances	846,256,059,837
Specific provision	(6,747,215,623)
Other assets	21,553,843,623
Property and equipment - net	24,638,860,381
Intangible assets	10,362,401,632
TOTAL ASSETS	1,189,613,409,990

LIABILITIES
Deposits from customers and banks	679,639,288,116
Other liabilities	63,074,785,860
Borrowings	172,283,685,087
Total liabilities	914,997,759,062
EQUITY
Share capital	300,000,000,000
General reserves	8,383,297,771
Accumulated losses	(33,767,646,842)
Total shareholders' equity	274,615,650,928
TOTAL EQUITY AND LIABILITIES	1,189,613,409,990

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.

Address	:	#398, Corner of Dongpalane and Dongpina Road, Unit 20, Phonesavanh Neua Village, Sisattanak District, Vientiane Capital, Lao PDR. See map
P.O. Box	:	1555
Hotline	:	1800
Tel	:	+856 (0)21 264 994 / 416 999
Fax	:	+856 (0)21 264 995 / 219 228
E-mail	:	acledabank@acledabank.com.la
SWIFT Code	:	ACLBLALA