Consolidated
Financial Statements
Statement of Comprehensive Income | For the Year Ended December 31, 2014
Note |
2014 |
2013 |
|||
Interest income |
21 |
1,067,557 |
1,160,800 |
||
Interest expense |
22 |
(2,728) |
(2,230) |
||
Net interest income |
|
1,064,829 |
1,158,570 |
||
Fee and commission income |
23 |
615,533 |
570,314 |
||
Fee and commission expense |
24 |
(13,935) |
(14,238) |
||
Net fee and commission income |
|
601,598 |
556,076 |
||
Income from dealing in foreign currencies |
25 |
216,344 |
205,690 |
||
|
|
1,882,771 |
1,920,336 |
||
Other income |
26 |
76,865 |
61,162 |
||
Loss on sale of securities |
|
(16,307) |
(16,105) |
||
Provision against loan losses |
10.3 |
(127,659) |
(305,305) |
||
| Provision on Investments | 9.4 | (7,715) | (13,185) | ||
| Provision on participation purchased | 8.2 | 2,663 | (2,663) | ||
Provision on placements |
7.4 |
(52,460) |
(3,160) |
||
| Other provisions | 14.2 | – | (250,605) | ||
General and administrative expenses |
27 |
(1,194,898) |
(1,079,713) |
||
PROFIT BEFORE INCOME TAX |
|
563,260 |
310,762 |
||
Taxation |
28 |
(63,406) |
(70,972) |
||
PROFIT FOR THE YEAR |
|
499,854 |
239,790 |
||
OTHER COMPREHENSIVE INCOME |
|
|
|
||
| Items that may classify to profit and loss subsequently | |||||
Net change in fair value on available-for-sale financial investments – net of tax |
|
85,914 |
(25,015) |
||
TOTAL COMPREHENSIVE INCOME FOR THE YEAR |
|
585,768 |
214,775 |
||
Earnings per share – Basic and diluted |
31 |
16.66 |
7.99 |