Bahamas - FirstCaribbean International Bank

FIRSTCARIBBEAN INTERNATIONAL BANK (BAHAMAS) LIMITEDConsolidated Statement of Income(expressed in thousands of Bahamian dollars, except per share data)Period endedOctober 31,2002$Year endedDecember 31,2001$NotesInterest income 14 58,648 101,730Interest expense 22,563 52,163Net interest income 36,085 49,567Non-interest income 15 21,345 15,14957,430 64,716Other operating expenses 16 32,601 40,609Provision for credit losses 3,882 6,885Restructuring charges 17 8,812 –Goodwill amortisation 616 –45,911 47,494Net income for the period 11,519 17,222Earnings per share 22 0.20 ** not applicableThe accompanying notes are an integral part of these consolidated financial statements.50