CreditBank s.a.l.
Tel: (01) 501600
Fax: (01) 485245 |
|
P & L STATEMENT (Consolidated statement of comprehensive income)
|
| Profit and loss account (In millions of L.L.) |
2010 |
2009 |
| Interest income |
150,792 |
120,045 |
| Interest expense |
(92,073) |
(80,569) |
| Net interest income |
58,720 |
39,476 |
| Fees and commissions income |
20,825 |
18,144 |
| Fees and commissions expense |
(4,118) |
(1,932) |
| Net fees and commissions income |
16,707 |
16,212 |
| Net gain on trading activities |
2,042 |
2,155 |
| Net gain on financial investments |
10,683 |
2,376 |
| Other operating income |
5,352 |
4,167 |
| Total operating income |
93,504 |
64,386 |
| Net impairment loss on loans and advances to customers |
(8,922) |
(3,196) |
| Net operating income |
84,582 |
61,190 |
| Personnel charges |
(27,590) |
(23,973) |
| Depreciation of property and equipment |
(3,483) |
(3,659) |
| Amortisation of intangible assets |
(134) |
(110) |
| Administrative expenses |
(24,854) |
(20,534) |
| Profit before income tax |
28,521 |
12,914 |
| Income tax expense |
(2,803) |
(907) |
| Profit for the year |
25,718 |
12,007 |
| |
|
|
| Other comprehensive income |
|
|
Fair value reserve of available for sale financial assets
Net change in fair value |
1,906 |
3,995 |
| Total other comprehensive income for the year |
1,906 |
3,995 |
| Total comprehensive income for the year |
27,624 |
16,002 |
| |
|
|
| Profit attributable to: |
|
|
| Equity holders of the Bank |
25,072 |
11,774 |
| Non-controlling interest |
646 |
233 |
| Profit for the year |
25,718 |
12,007 |
| |
|
|
| Total other comprehensive income attributable to: |
|
|
| Equity holders of the Bank |
1,906 |
3,995 |
| Non-controlling interest |
- |
- |
| Total other comprehensive income for the year |
1,906 |
3,995 |
|