Consolidated
Statement of Income
For the nine months ended 30 September 2006
(Unaudited)
| |
Three months
1 July to 30 September |
Nine months
1
January to 30 September |
 |
| |
2006
US$ 000 |
2005
US$ 000 |
2006
US$ 000 |
2005
US$ 000 |
| Investment income |
28,319 |
18,057 |
57,075 |
54,517 |
| Interest income |
10,131 |
5,745 |
25,024 |
15,889 |
|
|
|
|
|
| |
38,450 |
23,802 |
82,099 |
70,406 |
| Fees and commissions |
10,983 |
11,265 |
43,857 |
24,439 |
| Foreign exchange revaluation gains, net |
702 |
628 |
2,072 |
1,903 |
| Share of profits in associated companies |
10,907 |
5,819 |
39,586 |
26,731 |
|
|
|
|
|
| Total income |
61,042 |
41,514 |
167,614 |
123,479 |
| Interest expense |
(18,208) |
(10,111) |
(46,973) |
(26,628) |
|
|
|
|
|
| Operating income before expenses and
provisions |
42,834 |
31,403 |
120,641 |
96,851 |
| Salaries and benefits |
(6,821) |
(5,140) |
(20,522) |
(14,913) |
| General and administrative expenses |
(4,501) |
(4,260) |
(13,112) |
(11,688) |
|
|
|
|
|
| Operating income before provisions |
31,512 |
22,003 |
87,007 |
70,250 |
| Provision for non-trading investments |
148 |
- |
148 |
(4,042) |
| Writeback (provision) for doubtful loans and
guarantees |
124 |
2,569 |
(272) |
(1,415) |
|
|
|
|
|
| INCOME FOR THE PERIOD |
31,784 |
24,572 |
86,883 |
64,793 |
|
|
|
|
|
| Income attributable to minority interest |
6,098 |
6,401 |
15,760 |
14,091 |
|
|
|
|
|
| Income attributable to equity holders of the parent |
25,686 |
18,171 |
71,123 |
50,702 |
|
|
|
|
|
| Basic earnings per share (US cents) |
3.24 |
2.36 |
9.01 |
6.60 |
|
|
|
|
|
 |
|
