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

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NOTES TO THE FINANCIAL STATEMENTS<br />

20. SHARE CAPITAL<br />

In 2007, OCIC conducted a corporate restructuring whereby it transferred its investment in the <strong>Bank</strong> to<br />

CIHP. The restructuring was approved by the Central <strong>Bank</strong> and the Ministry of Commerce. Consequently,<br />

CIHP is now the new holding company of the <strong>Bank</strong>.<br />

The total authorised amount of share capital as at 31 December <strong>2008</strong> was 40,545,000 shares (2007:<br />

40,545,000 shares) with a par value of US$ 1 per share. All shares are fully paid. There were no share movement<br />

during the year.<br />

21. NET INTEREST INCOME<br />

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

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

(Unaudited) (Unaudited)<br />

Interest income:<br />

Loans and advances to customers 50,824,983 31,713,930 207,417 126,952<br />

Other banks 1,099,034 3,478,277 4,485 13,923<br />

The Central <strong>Bank</strong> 785,224 1,222,377 3,205 4,893<br />

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

Interest expense:<br />

Non-bank customers' deposits 12,419,340 9,077,984 50,683 36,339<br />

Other banks 704,617 23,669 2,876 95<br />

Borrowing 240,071 266,088 980 1,065<br />

Total interest expense 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 />

<strong>Annual</strong> Report <strong>2008</strong> 47

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