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PRASAC MFI Ltd intends to continue following these high international standards. In order to be transparent towards the public, we have added links on library page of audited report audited by internationally recognized auditors, and annual report 2006 to 2009.
Financial Information (USD Currency) | Dec-06 | Dec-07 | Dec-08 | Dec-09 | | Balance Sheet | | Loan Outstanding (net) | 21,668,864 | 32,988,091 | 57,950,559 | 62,730,902 | | Total Assets | 26,127,547 | 37,018,632 | 60,772,860 | 70,886,313 | | Total Liabilities | 16,245,051 | 22,363,534 | 41,133,042 | 48,984,651 | | Total Equity | 9,882,496 | 14,655,098 | 19,639,818 | 21,901,661 | | Profit and lost statement | Operating Income before loan loss provision | 4,694,559 | 7,579,170 | 11,261,730 | 11,881,556 | | Loan Loss Provision | (57,173) | (178,942) | (448,522) | (507,615) | Net Operaitng Income before operating expense | 4,637,386 | 7,400,228 | 10,813,208 | 11,373,941 | | Total Operating Expense | (3,643,279) | (4,831,201) | (7,133,943) | (8,131,016) | Net Profit before non operating activities | 994,108 | 2,569,026 | 3,679,266 | 3,242,925 | | Non Operating Income | 10,057 | - | 119,306 | 285,255 | | Non Operating Expense | (164,839) | (175,999) | (54,874) | - | | Net Profit before tax | 839,326 | 2,393,027 | 3,743,698 | 3,528,180 | | Income Tax Expense | (169,962) | (494,939) | (928,030) | (851,781) | | Net Profit After Tax | 669,364 | 1,898,088 | 2,815,668 | 2,676,398 |
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