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Report of the DirectorsPhnom Penh Commercial Bank (“the Bank”) for the year ended 31 December 2009. services.U S$ Income tax (21,816) DividendsNo dividend was declared or paid and the Directors do not recommend any dividend to be paid for the yearunder review.Share capitalThere were no changes in the registered and issued share capital of the <strong>bank</strong> for the year under review. Reserves and provisionsAt the date of this report, the Directors are not aware of any circumstances, which would render the amount sure that any current assets, other than debts, which were unlikely to be realised in the ordinary course of26Annual Report 2009