Statement Of Financial Position As at 31 December 2019

Balance Sheet
As at 31 December 2019-Audited -CIFRS

 

31-Dec-19

US$

(Audited)

31-Dec-18

US$

(Audited)

ASSETS
Cash on hand                     85,296,900                       67,916,384
Balances with the National Bank of Cambodia                   213,118,865                     168,970,016
Balances with other banks                     15,818,539                         7,839,565
Loans to customers                1,293,005,023                  1,018,760,047
Other assets                     13,022,688                       11,440,811
Property and equipment                     14,787,841                       10,238,649
Right-of-use assets                     13,315,124                       13,355,995
Software costs                       2,369,838                         1,463,686
Goodwill                     17,380,030                       17,380,030
Deferred tax assets                       6,467,838                         4,603,593
TOTAL ASSETS             1,674,582,686               1,321,968,776
LIABILITIE AND SHAREHOLDERS' EQUITY
LIABILITIES
Deposits from customers and other financial institutions                   947,411,222                     804,699,381
Other liabilities                     27,736,213                       17,381,129
Income tax payble                       8,896,377                         5,705,331
Borrowings                   365,971,306                     253,817,389
Subordinated debts                     44,000,000                       30,000,000
Employee benefits                     20,596,063                       17,566,763
Lease liabilities                     11,971,106                       11,952,215
Total Liabilities                1,426,582,287                  1,141,122,208
SHAREHOLDERS' EQUITY  
Share capital                   150,000,000                     120,000,000
Retained earnings                     85,429,935                       48,576,109
Regulatory reserve                     12,570,464                       12,270,459
Total Shareholders’ equity                   248,000,399                     180,846,568
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY             1,674,582,686               1,321,968,776

STATEMENT OF COMPREHENSIVE INCOME
For the year ended 31 December 2019-Audited

 

 For the year endedFor the year ended
Operating income
Interest income                   166,965,257                     136,641,313
Interest expense                   (66,008,944)                      (54,960,493)
Net interest income                   100,956,313                       81,680,820
Other income                       4,019,426                         1,486,694
Net fees and commissions                       2,839,932                         1,629,159
Total operating income                   107,815,671                       84,796,673
General and administrative expenses                   (56,610,901)                      (50,060,294)
Provision for expected credit losses                     (5,372,451)                        (3,836,746)
Income before income tax                     45,832,319                       30,899,633
Income tax expense                     (8,678,488)                        (5,599,446)
Net income for the year                     37,153,831                       25,300,187
Other comprehensive loss item recognized directly in equity                                   -                                         -  
Total comprehensive income                     37,153,831                       25,300,187

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