MOLDINDCONBANK S.A. STATEMENTS OF OPERATIONS For the years ended
December 31, 2002 (all amounts are expressed in thousands of Moldovan lei, unless otherwise specified)
Interest income
118.488
Interest expense
(59.743)
-
NET INTEREST INCOME
58.745
-
Commission income
28.268
Commission expense
(2.425)
-
NET COMMISSION INCOME
25.343
-
Other operating income
22.176
-
TOTAL INCOME
106.764
-
Other operating expenses
(57.469)
Net charge for provisions for doubtful debts
(15.793)
-
TOTAL EXPENSES
(73.262)
-
PROFIT BEFORE TAX AND EXTRAORDINARY EXPENSES
33.502
-
Extraordinary expenses
-
PROFIT BEFORE TAX
33.502
-
Profit tax
(2.641)
-
PROFIT AFTER TAX
30.861
These financial statements have been approved and authorized for issue by the bank’s
management on February 25, 2003.
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