Bahamas - FirstCaribbean International Bank
Bahamas - FirstCaribbean International Bank
Bahamas - FirstCaribbean International Bank
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Consolidated Statement of Income<br />
For the year ended October 31, 2007<br />
(expressed in thousands of Bahamian dollars)<br />
Notes 2007 2006<br />
$ $<br />
(Restated)<br />
Interest and similar income 288,601 245,479<br />
Interest and similar expense 141,441 91,407<br />
Net interest income 19 147,160 154,072<br />
Other operating income 20 32,143 17,825<br />
Total operating income 179,303 171,897<br />
Operating expenses 21 57,104 65,873<br />
Loan loss impairment 9 12,339 5,324<br />
Total operating expenses 69,443 71,197<br />
Net income for the year 109,860 100,700<br />
Earnings per share<br />
(expressed in cents per share)<br />
– basic 22 91.4 83.8<br />
– diluted 22 91.4 83.8<br />
See accompanying notes.<br />
See Auditors’ Report Page 56.<br />
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