Interim Consolidated
Statement of Income
For the three months period ended 31 March 2011
(Unaudited)
| |
Three months
period
ended 31 March |
 |
| |
2011
US$ 000 |
2010
US$ 000 |
| Investment income |
17,901 |
12,823 |
| Interest income |
1,775 |
4,025 |
|
|
|
| |
19,676 |
16,848 |
| Fees and commissions |
4,165 |
7,044 |
| Foreign currency translation losses - net |
(108) |
(307) |
| Share of results of associates and joint venture accounted for
under the equity method - net |
2,578 |
3,939 |
|
|
|
| Total income |
26,311 |
27,524 |
| Interest expense |
(12,353) |
(12,389) |
|
|
|
| Operating income before expenses and
provisions |
13,958 |
15,135 |
| Salaries and benefits |
(4,505) |
(5,819) |
| General and administrative expenses |
(2,668) |
(3,299) |
|
|
|
| Operating income before provisions |
6,785 |
6,017 |
| Impairment loss on non trading investments |
(3,252) |
- |
| Write-back of (provision for) doubtful loans, guarantees and other assets - net |
70 |
152 |
|
|
|
|
|
|
| Net profit for the period from continuing operations |
3,603 |
6,169 |
| Discontinued operations |
|
|
| Net profit for the period from discontinued operations |
- |
2,006 |
|
|
|
| NET PROFIT FOR THE PERIOD |
3,603 |
8,175 |
|
|
|
|
|
|
| Attributable to: |
|
|
| Shareholders of the parent |
|
|
| from continuing operations |
4,827 |
5,834 |
| from discontinued operations |
- |
1,667 |
|
|
|
|
|
|
| |
4,827 |
7,501 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Non-controlling interests |
|
|
| from continuing operations |
(1,224) |
335 |
| from discontinued operations |
-
|
339 |
|
|
|
|
|
|
| |
(1,224) |
674 |
|
|
|
|
|
|
|
|
|
| |
3,603 |
8,175 |
|
|
|
|
|
|
| Earnings per share |
|
|
|
|
|
| Basic earnings per share (US cents) |
0,59 |
0,91 |
|
|
|
| Diluted earnings per share (US cents) |
0,59 |
0,91 |
|
|
|
| Basic earnings per share for continuing operations (US cents) |
0,59 |
0,71 |
|
|
|
| Diluted earnings per share for continuing operations (US cents) |
0,59 |
0,71 |
|
|
|
 |
|
