Financial Statement is an essential publication by the financial institution and LOLC prepares financial statement in accordance with Cambodian International Financial Reporting Standards (CIFRSs). For the purpose of transparency, financial position, performance and key financial ratios with the latest period as well as reports from previous years are published. The growth in loan portfolio, customer deposit and borrowing are indicators that LOLC (Cambodia) Plc. is a trusted financial institution to both customers and lenders.
2019 Audited |
2018 Audited |
2017 Audited |
|
---|---|---|---|
Assets | |||
Cash and placement with banks | $230,796,683 | $118,141,614 | $43,738,883 |
Loans to customers | $772,214,265 | $483,845,307 | $322,647,698 |
Loan Loss Reserve | ($7,678,823) | ($5,399,625) | ($4,479,108) |
Property, plant and equipment (net) | $8,002,205 | $7,325,856 | $7,273,494 |
Other Assets | $6,017,174 | $6,415,217 | $2,249,787 |
Total Assets | $1,009,351,504 | $610,328,369 | $371,430,754 |
Liabilities | |||
Deposits from customers | $457,661,470 | $236,910,385 | $91,834,678 |
Borrowings | $379,643,479 | $272,997,312 | $206,345,750 |
Other liabilities | $36,241,114 | $19,250,058 | $12,871,196 |
Total Liabilities | $873,546,063 | $529,157,755 | $311,051,624 |
Equities | |||
Share capital | $55,460,850 | $29,701,373 | $17,756,775 |
Reserves and others | $53,603,944 | $34,951,409 | $2,923,124 |
Retained Earnings | $26,740,647 | $16,517,832 | $39,699,231 |
Total Equity | $135,805,441 | $81,170,614 | $60,379,130 |
Total Liabilities and Equity | $1,009,351,504 | $610,328,369 | $371,430,754 |
2019 Audited |
2018 Audited |
2017 Audited |
|
---|---|---|---|
Interest Income | $116,360,582 | $77,838,135 | $62,478,247 |
Interest Expenses | ($53,180,109) | ($34,255,249) | ($20,974,925) |
Net interest income | $63,180,473 | $43,582,886 | $41,503,322 |
Provision for bad and doubtful Financial Instruments | ($4,253,852) | ($3,314,339) | ($2,779,514) |
Net interest income after provision | $58,926,621 | $40,268,547 | $38,723,808 |
Net foreign exchange gain/(loss) | ($1,064,576,00) | $345,864 | $330,153 |
Other income | $17,457,280 | $10,044,688 | $2,629,418 |
Personnel expenses | ($24,694,156) | ($18,797,377) | ($14,346,624) |
Depreciation and Amortization | ($2,543,703) | ($2,233,491) | ($1,056,611) |
Other administrative expenses | ($9,800,225) | ($8,861,142) | ($6,822,447) |
Profit from operations | $38,281,241 | $20,767,089 | $19,457,697 |
Income Tax expense | ($4,261,123) | ($5,129,276) | ($3,869,640) |
Net Profit for the Period | $34,020,118 | $15,637,813 | $15,588,057 |