Quarterly Financial Statements

Income Statement (Unaudited)

	2nd Quarter 2014 Amounts in LAK

Interest income	30,692,695,332
Interest expense	(14,711,380,489)
NET INTEREST INCOME	15,981,314,844

Fee and commission income	3,921,267,511
Other income	1,229,756,714
General and administrative expenses	(20,690,050,613)
OPERATING INCOME	442,288,455

Provision for bad and doubtful loans and advances	(3,605,170,500)
PROFIT BEFORE INCOME TAX	(3,162,882,045)
Income tax expense	-
NET PROFIT FOR THE PERIOD	(3,162,882,045)

	2nd Quarter 2014 Amounts in LAK
ASSETS
Cash and cash equivalents	95,753,254,562
Deposits and placements with other banks	279,090,693,652
Statutory deposits	72,015,527,187
Loans and advances	684,282,664,697
Specific provision	(10,256,690,959)
Other assets	21,385,823,247
Property and equipment - net	26,982,060,720
Intangible assets	11,154,541,014
TOTAL ASSETS	1,180,407,874,121

LIABILITIES
Deposits from customers and banks	656,694,152,435
Other liabilities	33,939,908,897
Borrowings	265,215,000,000
Total liabilities	955,849,061,332
EQUITY
Share capital	220,000,000,000
General reserves	6,747,168,884
Accumulated losses	(2,188,356,095)
Total shareholders' equity	224,558,812,788
TOTAL EQUITY AND LIABILITIES	1,180,407,874,121

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