MOLDINDCONBANK S.A. STATEMENTS OF OPERATIONS For the years ended December 31, 2005 (all amounts are expressed in thousands of Moldovan lei, unless otherwise specified)
Interest income
159.549
Interest expense
(81.945)
-
NET INTEREST INCOME
77.604
-
Commission income
41.515
Commission expense
(4.501)
-
NET COMMISSION INCOME
37.014
-
Other operating income
24.423
-
TOTAL INCOME
139.041
-
Other operating expenses
(74.228)
Net charge for provisions for doubtful debts
(14.180)
-
TOTAL EXPENSES
(88.408)
-
PROFIT BEFORE TAX AND EXTRAORDINARY EXPENSES
50.633
-
Extraordinary expenses
-
PROFIT BEFORE TAX
50.633
-
Profit tax
(11.078)
-
PROFIT AFTER TAX
39.555
These financial statements have been approved and authorized for issue by the bank’s management on February 24, 2006.