Income Statement

as at June 30, 2010 (unaudited) 30-June-2010 30-June-2009
(LBP million)    
Interest and similar income 992,724 882,383
Interest and similar expenses (647,155) (577,020)
Net Interest Income 345,569 305,363
Fee and commissions income 154,907 122,692
Fee and commissions expenses (24,653) (20,252)
Net Fees and Commissions Income 130,254 102,440
Net trading income 48,713 43,693
Net gain or loss on financial assets or liabilities designated at fair value through profit and loss (341) 8,042
Net gain on financial investments 78,895 27,155
Other operating income 33,174 38,434
Total Operating Income 636,264 525,127
Net provisions for credit losses (33,345) (24,322)
    Provision for doubtful loans (43,817) (31,056)
    Recoveries of provisions for doubtful loans 10,472 6,734
Impairment loss on financial instruments  (564) (51)
Net Operating Income 602,355 500,754
Personnel expenses (165,841) (143,035)
Depreciation of property and equipment (18,667) (17,491)
Amortization of intangible assets (3,240) (2,984)
Goodwill impairement
Other operating expenses (109,548) (95,026)
Total Operating Expenses (297,296) (258,536)
Operating Profit 305,059 242,218
Share of profit of associates under equity method 830 301
Net gain (loss) on disposal of assets (120) 375
Profit Before Tax 305,769 242,894
Income Tax (62,451) (44,056)
Profit After Tax from Operating Activities 243,318 198,838
Result of discontinued operations
NET PROFIT 243,318 198,838
Minority interest 10,154 7,768
Net profits - Group Share 233,164 191,070
Basic earnings per share LL 663 552
Diluted earnings per share LL 645 541

© 2020 Bank Audi Group. All rights reserved | Audi Careers | About The Group | Contact us | Sitemap | Cookies Disclaimer | Privacy and Security