Interim Financial Statements as at 30 June 2017

Interim Balance Sheet
As of 30 June 2017

	30 June 2017 US$ (Audited)	31 December 2016 US$ (Audited)
ASSETS
Cash on hand	44,418,658	32,876,496
Balances with the National Bank of Cambodia	158,640,472	212,512,999
Balances with other banks	53,379,888	46,743,874
Loans to customers	676,117,891	599,550,758
Other assets	12,355,353	8,219,292
Goodwill	17,380,030	17,380,030
Property and equipment	8,172,851	7,208,738
Intangible assets	1,157,858	1,466,861
Other investment	50,000	50,000
Deferred tax assets	2,761,004	2,697,590
TOTAL ASSETS	974,434,005	928,706,638
LIABILITIE AND SHAREHOLDERS' EQUITY
LIABILITIES
Deposits from customers and other financial institutions	613,657,392	583,220,998
Borrowings	180,023,557	170,721,348
Subordinated debts	15,000,000	16,313,217
Provident fund	8,721,386	7,645,507
Current income tax liabilities	1,911,797	2,783,651
Other liabilities	11,757,877	12,428,549
Total Liabilities	831,072,009	793,113,270
SHAREHOLDERS' EQUITY
Share capital	120,000,000	120,000,000
Retained earnings	23,361,996	15,593,368
Total Shareholders’ equity	143,361,996	135,593,368
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	974,434,005	928,706,638

Interim Income Statement
For the period from 1 January 2017 to 30 June 2017

	1 January to 30 June 2017 US$ (Audited)	1 January to 30 June 2016 US$ (Unreviewed)
Operating income
Interest income	56,079,802	48,376,966
Interest expense	(25,496,191)	(19,243,079)
Net interest income	30,583,611	29,133,887
Net fees and commissions	2,074,621	303,812
Other income	260,319	202,792
Total operating profit	32,918,551	29,640,491
Allowance for bad and doubtful loans	(1,709,622)	(1,136,617)
Other operating expenses	(21,100,713)	(18,903,426)
Profit before income tax	10,108,216	9,600,448
Income tax expense	(2,339,588)	(1,918,298)
Net profit for the period	7,768,628	7,682,150

Note: These interim financial statements for the period from 1 January 2017 to 30 June 2017 are reviewed by KPMG Cambodia Ltd.