Quarterly Financial Statements

Income Statement (Unaudited)

	1st Quarter 2017 Amounts in LAK

Interest income	33,872,386,400
Interest expense	(13,765,003,022)
NET INTEREST INCOME	20,107,383,379

Fee and commission income	16,169,151,362
Other income	1,880,918,419
General and administrative expenses	(25,599,074,206)
OPERATING INCOME	12,558,378,953

Provision for bad and doubtful loans and advances	(1,626,768,304)
PROFIT BEFORE INCOME TAX	10,931,610,649
Income tax expense	-
NET PROFIT FOR THE PERIOD	10,931,610,649

	1st Quarter 2017 Amounts in LAK
ASSETS
Cash and cash equivalents	82,928,311,690
Deposits and placements with other banks	240,423,895,061
Statutory deposits	19,798,704,076
Loans and advances	1,008,775,705,410
Specific provision	(4,358,803,705)
Other assets	27,718,014,707
Property and equipment - net	20,630,895,627
Intangible assets	9,068,865,586
TOTAL ASSETS	1,404,985,588,456

LIABILITIES
Deposits from customers and banks	794,326,172,930
Other liabilities	62,243,220,424
Borrowings	231,812,670,801
Total liabilities	1,088,382,063,974
EQUITY
Share capital	300,000,000,000
General reserves	10,092,025,614
Accumulated losses	(6,511,498,868)
Total shareholders' equity	316,603,524,482
TOTAL EQUITY AND LIABILITIES	1,404,985,588,456

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