Quarterly Financial Statements

Income Statement (Unaudited)

	2nd Quarter 2016 Amounts in LAK

Interest income	31,746,240,571
Interest expense	(13,926,242,054)
NET INTEREST INCOME	17,819,998,517

Fee and commission income	12,619,399,837
Other income	3,882,763,582
General and administrative expenses	(28,264,193,235)
OPERATING INCOME	6,057,968,500

Provision for bad and doubtful loans and advances	(1,934,052,108)
PROFIT BEFORE INCOME TAX	4,123,916,592
Income tax expense	-
NET PROFIT FOR THE PERIOD	4,123,916,592

	2nd Quarter 2016 Amounts in LAK
ASSETS
Cash and cash equivalents	85,114,071,891
Deposits and placements with other banks	134,533,828,793
Statutory deposits	21,604,930,532
Loans and advances	894,387,173,053
Specific provision	(8,124,741,527)
Other assets	20,484,016,143
Property and equipment - net	23,183,396,064
Intangible assets	11,026,988,195
TOTAL ASSETS	1,182,290,663,146

LIABILITIES
Deposits from customers and banks	687,127,464,665
Other liabilities	63,126,336,055
Borrowings	152,664,827,944
Total liabilities	902,918,628,664
EQUITY
Share capital	300,000,000,000
General reserves	8,934,764,734
Accumulated losses	(29,643,730,250)
Total shareholders' equity	279,291,034,483
TOTAL EQUITY AND LIABILITIES	1,182,209,663,146

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