notes to the consolidated financial statements - Sacombank

INCOME STATEMENT
85 ANNUAL REPORT 2011
Notes
FORM B 03/TCTD
Year ended 31 December
2011 2010
Million VND Million VND
1 Interest and similar income 24 17,105,151 10,741,751
2 Interest and similar expenses 25 (11,609,503) (7,531,961)
I Net interest income 5,495,648 3,209,790
3 Fees and commission income 26 1,387,936 1,173,375
4 Fees and commission expenses 27 (452,496) (247,692)
II Net fee and commission income 935,440 925,683
III Net gain/(loss) from dealing in foreign currencies and gold 28 123,470 (169,750)
IV Net loss from trading of trading securities 29 (79,609) (45,834)
V Net (loss)/gain from disposal of investment securities 30 (10,723) 15,233
5 Other incomes 33 261,039 581,923
6 Other expenses 33 (156,065) (381,630)
VI Net other income 104,974 200,293
VII (Loss)/income from investments in other entities 31 (58,179) 477,658
VIII General and administrative expenses 32 ( 3,394,750) (1,944,108)
IX Operating profit before provision for credit losses 3,116,271 2,668,965
X Provision for credit losses 5, 9, 21 (376,041) (243,106)
XI Profit before tax 2,740,230 2,425,859
7 Business income tax – current 35 (707,045) (627,299)
8 Business income tax – deferred 35 - -
XII Business income tax (707,045) (627,299)
XIII Net profit for the year 2,033,185 1,798,560
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Luu Van Hoa Nguyen Thi My Hanh Tran Xuan Huy
Preparer Chief Accountant Chief Executive Officer
9 March 2012