Consolidated
Statement of Income
For the six month period ended 30 June 2009 (Unaudited)
| |
Three month period
ended 30 June |
Six month period
ended 30 June |
 |
| |
2009
US$ 000 |
2008
US$ 000 |
2009
US$ 000 |
2008
US$ 000 |
| Investment income |
27,958 |
39,132 |
53,814 |
62,583 |
| Interest income |
4,964 |
3,197 |
9,695 |
6,429 |
|
|
|
| |
32,922 |
42,329 |
63,509 |
69,012 |
| Fees and commissions |
4,968 |
12,538 |
10,279 |
28,401 |
| Foreign exchange revaluation (losses) gains, net |
2,490 |
(586) |
1,478 |
2,156 |
| Share of profits in associated companies |
(4,459) |
8,609 |
(9,400) |
13,384 |
|
|
|
| Total income |
35,921 |
62,890 |
65,866 |
112,953 |
| Interest expense |
(13,330) |
(15,914) |
(26,549) |
(32,603) |
|
|
|
| Operating income before expenses and
provisions |
22,591 |
46,976 |
39,317 |
80,350 |
| Salaries and benefits |
(6,670) |
(11,749) |
(12,642) |
(22,399) |
| General and administrative expenses |
(3,045) |
(4,372) |
(7,471) |
(10,764) |
|
|
|
| Operating income before provisions |
12,876 |
30,855 |
19,204 |
47,187 |
| Impairment loss on non trading investments |
(9,500) |
- |
(13,100) |
- |
| (Provision) / Writeback for doubtful loans,
guarantees and other assets, net. |
(139) |
260 |
(1,602) |
1,164 |
|
|
|
|
|
|
| Profit for the period from continuing operations |
3,237 |
31,115 |
4,502 |
48,351 |
| Profit for the period from discontinued operations |
2,475 |
18,056 |
12,268 |
38,915 |
|
|
|
| PROFIT FOR THE PERIOD |
5,712 |
49,171 |
16,770 |
87,266 |
|
|
|
| Income attributable to non-controlling interests |
139 |
8,412 |
1,904 |
15,764 |
|
|
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|
| Income attributable to shareholders of the parent |
5,573 |
40,759 |
14,866 |
71,502 |
|
|
|
| Basic earnings per share (US cents) |
0.68 |
4.99 |
1.82 |
8.76 |
|
|
![]() |
| Diluted earnings per share (US cents) |
0.68 |
4.92 |
1.82 |
8.65 |
|
|
![]() |
| Basic earnings per share for continuing operations (US cents) |
0.45 |
2.99 |
0.52 |
4.47 |
|
|
![]() |
| Diluted earnings per share for continuing operations (US cents) |
0.45 |
2.95 |
0.52 |
4.41 |
|
|
|
 |
|
