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Annual report 2008-OK-B-up.qxp - Canadia Bank Plc.

Annual report 2008-OK-B-up.qxp - Canadia Bank Plc.

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INCOME STATEMENT<br />

FOR THE YEAR ENDED 31 DECEMBER <strong>2008</strong><br />

<strong>2008</strong> 2007 <strong>2008</strong> 2007<br />

Note US$ US$ Riel Million Riel Million<br />

(Unaudited) (Unaudited)<br />

Interest income 21 52,709,241 36,414,584 215,107 145,768<br />

Interest expense 21 (13,364,028) (9,367,741) (54,539) (37,499)<br />

Net interest income 39,345,213 27,046,843 160,568 108,269<br />

Fee and commission income 22 8,830,950 5,859,422 36,039 23,455<br />

Fee and commission expense 22 (1,087,439) (528,071) (4,438) (2,114)<br />

Net fee and commission income 7,743,511 5,331,351 31,601 21,341<br />

Other operating income 23 1,079,862 1,046,067 4,407 4,187<br />

48,168,586 33,424,261 196,576 133,797<br />

General administrative expenses 24 (11,408,141) (7,140,100) (46,557) (28,582)<br />

Provision for bad loans - net 26 (9,168,383) (1,140,676) (37,416) (4,566)<br />

Profit before income tax 27,592,062 25,143,485 112,603 100,649<br />

Income tax expense 27 (5,518,412) (5,028,697) (22,521) (20,130)<br />

Net profit for the year 22,073,650 20,114,788 90,082 80,519<br />

24<br />

<strong>Annual</strong> Report <strong>2008</strong>

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