Consolidated
Statement of Income
For the six months ended 30 June 2006
(Unaudited)
| |
Three months ended
30 June |
Six months ended
30 June
|
 |
| |
2006
US$ 000 |
2005
US$ 000 |
2006
US$ 000 |
2005
US$ 000 |
| Investment income |
13,001 |
17,478 |
28,756 |
36,460 |
| Interest income |
8,379 |
5,940 |
14,893 |
10,144 |
|
|
|
|
|
| |
21,380 |
23,418 |
43,649 |
46,604 |
| Fees and commissions |
18,681 |
5,854 |
32,874 |
13,174 |
| Foreign exchange revaluation gains, net |
856 |
742 |
1,370 |
1,275 |
| Share of profits in associated companies |
15,387 |
12,722 |
28,679 |
20,912 |
|
|
|
|
|
| Total Income |
56,304 |
42,736 |
106,572 |
81,965 |
| |
|
|
|
|
| Interest expense |
(15,456) |
(8,544) |
(28,765) |
(16,517) |
|
|
|
|
|
| Operating income before expenses and
provisions |
40,848 |
34,192 |
77,807 |
65,448 |
| Salaries and benefits |
(8,049) |
(4,456) |
(13,701) |
(9,773) |
| General and administrative expenses |
(4,604) |
(3,503) |
(8,611) |
(7,428) |
|
|
|
|
|
| |
|
|
|
|
| Operating income before provisions |
28,195 |
26,233 |
55,495 |
48,247 |
| Provision for non-trading investments |
- |
(2,042) |
- |
(4,042) |
| Provision for doubtful loans and
guarantees |
(407) |
(3,906) |
(396) |
(3,984) |
|
|
|
|
|
| INCOME FOR THE PERIOD |
27,788 |
20,285 |
55,099 |
40,221 |
|
|
|
|
|
| Income attributable to minority interest |
4,906 |
4,048 |
9,662 |
7,690 |
|
|
|
|
|
| Income attributable to equity holders of the parent |
22,882 |
16,237 |
45,437 |
32,531 |
|
|
|
|
|
| Basic earnings per share (US cents) |
2.86 |
2.12 |
5.77 |
4.24 |
|
|
|
|
|
| Diluted earnings per share (US cents) |
2.84 |
2.10 |
5.72 |
4.23 |
|
|
|
|
|
 |
|
