Consolidated
Statement of Income
For the six months ended 30 June 2007
(Unaudited)
| |
Three months period
30 June |
Six months period
30 June
|
 |
| |
2008
US$ 000 |
2007
US$ 000 |
2008
US$ 000 |
2007
US$ 000 |
| Investment income |
39,132 |
59,354 |
62,583 |
156,116 |
| Interest income |
3,197 |
3,621 |
6,429 |
8,557 |
|
|
|
|
|
| |
42,329 |
62,975 |
69,012 |
164,673 |
| Fees and commissions |
12,538 |
11,237 |
28,401 |
33,329 |
| Foreign exchange revaluation gains, net |
(586) |
296 |
2,156 |
373 |
| Share of results in associated companies |
8,609 |
14,925 |
13,384 |
45,548 |
|
|
|
|
|
| Total Income |
(62,890) |
89,433 |
112,953 |
243,923 |
| Interest expense |
(15,914) |
(15,445) |
(32,603) |
(33,237) |
|
|
|
|
|
| Operating income before expenses and
provisions |
46,976 |
73,988 |
80,350 |
210,686 |
| Salaries and benefits |
(11,749) |
(13,393) |
(22,399) |
(23,788) |
| General and administrative expenses |
(4,372) |
(4,118) |
(10,764) |
(10,727) |
|
|
|
|
|
| Operating income before provisions |
30,855 |
56,477 |
47,187 |
176,171 |
| Writeback/(Provision) for doubtful loans,
guarantees and other assets, net |
260 |
(5,885) |
1,164 |
(7,026) |
| Profit for the period from continuing
operations |
31,115 |
50,592 |
48,351 |
169,145 |
| Profit for the period from discontinued
operations |
18,056 |
13,304 |
38,915 |
27,770 |
|
|
|
|
|
| INCOME FOR THE PERIOD |
49,171 |
63,896 |
87,266 |
196,915 |
|
|
|
|
|
| Income attributable to minority interest |
8,412 |
11,087 |
15,764 |
28,647 |
|
|
|
|
|
| Income attributable to equity shareholders of the parent |
40,759 |
52,809 |
71,502 |
168,268 |
|
|
|
|
|
| Basic earnings per share (US cents) |
4.99 |
6.52 |
8.76 |
20.90 |
|
|
|
|
|
| Diluted earnings per share (US cents) |
4.92 |
6.47 |
8.65 |
20.65 |
|
|
|
|
|
| Basic earnings per share for continuing operations (US cents) |
2.99 |
5.03 |
4.47 |
17.80 |
|
|
|
|
|
| Diluted earnings per share for continuing operations (US cents) |
2.95 |
4.99 |
4.41 |
17.58 |
|
|
|
|
|
 |
|
