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Annual report 2009-OK.qxp - Canadia Bank Plc.

Annual report 2009-OK.qxp - Canadia Bank Plc.

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<strong>Canadia</strong> <strong>Bank</strong> <strong>Plc</strong>.INCOME STATEMENTFOR THE YEAR ENDED 31 DECEMBER <strong>2009</strong>Notes <strong>2009</strong> <strong>2009</strong> 2008 2008US$ Million Riel US$ Million Rielequivalentequivalent(Note 2.1) (Note 2.1)Interest income 47,453,068 197,832 52,709,241 215,107Interest expense (19,981,707) (83,304) (13,364,028) (54,539)Net interest income 21 27,471,361 114,528 39,345,213 160,568Fee and commission income 7,122,804 29,695 8,830,950 36,039Fee and commission expense (1,133,801) (4,727) (1,087,439) (4,438)Net fee and commission income 22 5,989,003 24,968 7,743,511 31,601Other operating income 23 5,201,726 21,686 1,079,862 4,407<strong>Annual</strong> Report <strong>2009</strong>28Total operating income 38,662,090 161,182 48,168,586 196,576General and administrative expenses 24 (11,715,089) (48,839) (11,408,141) (46,557)Provision for loan losses - net 26 (2,423,501) (10,104) (9,168,383) (37,416)Profit before income tax 24,523,500 102,239 27,592,062 112,603Income tax expense 27 (4,172,434) (17,395) (5,518,412) (22,521)Net profit for the year 20,351,066 84,844 22,073,650 90,082The attached notes 1 to 35 form part of these financial statements.

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