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BULLETIN TABLES
Index of Terms and Definitions (Income Statement)
Terms
Financial Revenue
Financial Revenue from Loan Portfolio
Interest on Loan Portfolio
Fees and Commissions on Loan Portfolio
Financial Revenue from Other Financial Assets
Other Revenue Related to Financial Services
Financial Expense
Financial Expense on Liabilities
Interest and Fess Expense on Deposits
Interest and Fee Expense on Borrowings
Net Inflation Adjustment Expense
Inflation Adjustment Expense
Inflation Adjustment Revenue
Subsidized Cost-of-Funds Adjustment Expense
Other Financial Expenses
NET FINANCIAL INCOME
Net Loan Loss Provision Expense
Loan Loss Provision Expense
Recovery on Loans Written-Off
Operating Expense
Personnel Expense
Administrative Expense
Rent and Utilities
Transportation
Office Supplies
Depreciation and Amortization
Other Administrative Expenses
NET OPERATING INCOME
Net Non-Operating Income
Non-Operating Revenue
Non-Operating Expense
NET INCOME (BEFORE TAXES AND
DONATIONS)
Taxes
NET INCOME (AFTER TAXES AND BEFORE
DONATIONS)
Donations to Subsidize Financial Services
NET INCOME (AFTER TAXES AND
DONATIONS)
Definitions
Total of revenue from loan portfolio and other financial assets, as well as other financial
revenue from financial services
Total interest, fees and commission on loan portfolio
Interest earned on loan portfolio
Penalties, commissions and other fees charged on loan portfolio
Net gains on other financial assets
Other revenue from provision of financial services, including revenue from insurance or
transfer services or non-financial revenue from the provision of financial services, such
as the sale of passbooks or SmartCards. This account also includes net exchange
gains.
Total of financial expense on liabilities, net inflation adjustment, cost-of-funds
adjustment and other expenses from financial services
Total of interest and fees paid on deposits and borrowings
Interest and fees paid on demand or term deposits.
Interest and fees paid on borrowings.
Reserved for institutions that use inflation based accounting. Net amount of inflation
adjustment.
Cost of maintaining the value of the institution's equity
Gain on the value of fixed assets due to inflation
Adjustment expense for difference between market rate and concessional rate on
borrowings.
Other expenses from provision of financial services, including non-financial expenses
on financial products, as well as net exchange depreciation.
Financial Revenue minus Financial Expense
Sum of loan loss provision expense and recovery on loans written off.
Loan Loss Provision Expense for the period
Total recovery on loans written off
Total of Personnel Expense and Administrative Expense
Salaries, withholdings, fringe benefits and personnel taxes paid on all those who work
for the institution
Total of Rent and Utilities, Transportation, Office Supplies, Depreciation and Other
Administrative Expenses
Rent and utility charges
Transportation of staff to attend to clients and to manage operations
Printed matter, supplies, photocopies, books, etc.
Allowance for deterioration, eventual replacement of equipment
Other non-personnel administrative expenses
Financial Revenue less Financial Expense, Net Loan Loss Provision Expense and
Operating Expense
Non-operating Revenue less Non-operating Expense
Revenue from activity unrelated to the MFI's core activity of providing financial
services. This could include consulting income, sale of IT products, or fees for
business development services (BDS).
Expenses from activity unrelated to the MFIs core activity of providing financial
services, such as BDS development costs or consulting expenses
Net Operating Income less Net Non-operating Income
Includes all taxes paid on Net Income or other measure of profits as defined by local
tax authorities.
Net Income (before Taxes and Donations) less Taxes
Donations made to the MFI to subsidize its operations
Net Income (after Taxes and before Donations) plus Donations.
56 MICROBANKING BULLETIN, MARCH 2005