Consolidated
Statement of Income
31 March 2006
(Unaudited)
| |
Three months
ended
31 March |
 |
| |
2006
US$ 000 |
2005
US$ 000 |
| Investment income |
15,755 |
22,290 |
| Interest income |
6,514 |
4,204 |
|
|
|
| |
22,269 |
26,494 |
| |
|
|
| Fees and commissions |
14,193 |
7,320 |
| Foreign exchange revaluation gains, net |
514 |
533 |
| Share of profit in associated companies |
13,292 |
8,190 |
|
|
|
| Total income |
50,268 |
42,537 |
| |
|
|
| Interest expense |
(13,309) |
(7,973) |
|
|
|
| Operating income before expenses, provisions
and minority interests |
36,959 |
34,564 |
| |
|
|
| Salaries and benefits |
(5,652) |
(5,317) |
| General and administrative expenses |
(4,007) |
(7,233) |
|
|
|
| Operating income before provisions |
27,300 |
22,014 |
| |
|
|
| Provision for not-trading investments |
- |
(2,000) |
| (Provision) / write back for doubtful loans and
guarantees |
11 |
(78) |
|
|
|
| Income for the period |
27,311 |
19,936 |
| |
|
|
| Income attributable to minority interest |
4,756 |
3,642 |
|
|
|
| Income attributable to equity holders of the
parent |
22,555 |
16,294 |
|
|
|
| |
|
|
| Basic earnings per share (US cents) |
2.91 |
2.13 |
|
|
|
| Diluted earnings per share (US cents) |
2.88 |
2.13 |
|
|
|
|
|
