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Audited Financial Statements

Consolidated Income Statement

For the year ended December 31, 2016

	2016		2015
	US$	KHR'000	US$	KHR'000

Interest income	411,925,807	1,662,944,483	354,656,851	1,436,360,247
Interest expense	(124,702,772)	(503,425,091)	(97,959,648)	(396,736,574)
Net interest income	287,223,035	1,159,519,392	256,697,203	1,039,623,673
Provision for loan losses	(13,655,023)	(55,125,328)	(9,627,877)	(38,992,902)
Net interest income after provision for loan losses	273,568,012	1,104,394,064	247,069,326	1,000,630,771
Fee and commission income	52,863,407	213,409,574	40,891,367	165,610,036
Fee and commission expense	(4,736,575)	(19,121,553)	(2,031,314)	(8,226,822)
Net fee and commission income	48,126,832	194,288,021	38,860,053	157,383,214
Other incomes	10,814,975	43,660,054	8,096,641	32,791,396
Personnel expenses	(105,784,312)	(427,051,268)	(104,741,151)	(424,201,662)
General and administrative expenses	(42,142,228)	(170,128,174)	(37,515,682)	(151,938,512)
Depreciation charges	(22,888,987)	(92,402,841)	(16,189,545)	(65,567,657)
Amortisation charges	(3,311,079)	(13,366,826)	(2,988,362)	(12,102,866)
	(163,311,631)	(659,289,055)	(153,338,099)	(621,019,301)
Profit before income tax	158,383,213	639,393,030	132,591,280	536,994,684
Income tax expenses	(31,014,485)	(125,205,476)	(27,131,477)	(109,882,482)
Profit for the year	127,368,728	514,187,554	105,459,803	427,112,202
Attributable to:
Equity holders of the Bank	126,886,969	512,242,694	105,067,769	425,524,464
Minority interest	481,759	1,944,861	392,034	1,587,738
	127,368,728	514,187,555	105,459,803	427,112,202

Consolidated Balance Sheet

As at December 31, 2016

	2016		2015
	US$	KHR'000	US$	KHR'000
ASSETS
Cash on hand	286,216,621	1,155,456,499	236,521,227	957,910,969
Balances with the Central Bank	1,225,525,016	4,947,444,490	825,539,490	3,343,434,934
Balances with other banks	101,179,055	408,459,845	126,996,011	514,333,847
Loans and advances to customers	2,841,390,830	11,470,694,781	2,507,887,173	10,156,943,051
Other assets	51,987,525	209,873,638	40,088,348	162,357,811
Statutory deposits	307,159	1,240,001	246,914	1,000,000
Property and equipment	125,990,861	508,625,106	125,596,601	508,666,234
Intangible assets	11,841,825	47,805,448	10,817,185	43,809,600
Deferred tax assets	20,133,459	81,278,774	11,470,897	46,457,133
Other investments	153,529	619,797	153,529	621,792
TOTAL ASSETS	4,664,725,880	18,831,498,379	3,885,317,375	15,735,535,371
LIABILITIES AND EQUITY
LIABILITIES
Due to other banks	403,253,150	1,627,932,967	315,540,140	1,277,937,567
Deposits from customers	2,722,918,345	10,992,421,359	2,380,100,151	9,639,405,612
Other liabilities	80,619,149	325,459,505	76,910,470	311,487,404
Borrowings	616,064,141	2,487,050,937	424,119,562	1,717,684,226
Subordinated debts	109,400,000	441,647,800	91,000,000	368,550,000
Current income tax liabilities	35,697,545	144,110,989	26,442,852	107,093,551
Employee benefits	35,983,909	145,267,041	26,708,901	108,171,049
TOTAL LIABILITIES	4,003,936,239	16,163,890,598	3,340,822,076	13,530,329,409
EQUITY
Share capital	307,763,911	1,242,442,909	265,726,050	1,076,190,503
General reserves	238,722,359	963,722,163	186,188,631	754,063,956
Currency translation reserves	(2,082,409)	(8,406,685)	(1,682,388)	(6,813,671)
Other reserves	(14,132,007)	(57,050,912)	(14,132,007)	(57,234,628)
Retained earnings	126,886,969	512,242,694	105,067,769	425,524,464
	657,158,823	2,652,950,169	541,168,055	2,191,730,624
Minority interest	3,630,818	14,657,612	3,327,244	13,475,338
TOTAL EQUITY	660,789,641	2,667,607,781	544,495,299	2,205,205,962
TOTAL LIABILITIES AND EQUITY	4,664,725,880	18,831,498,379	3,885,317,375	15,735,535,371

Note:

You may find the detail audited financial statements in our annual reports.
These financial statements are audited by PricewaterhouseCoopers (Cambodia) Ltd.