BANK OF ST. VINCENT AND THE GRENADINES LIMITED Interim Consolidated Statement of Income As at June 30, 2017 (expressed in thousands of Eastern Caribbean dollars) (Unaudited) June 30, 2017 $'000
(Audited) December 31, 2016 $'000
(Unaudited) June 30, 2016 $'000
12mths Change %
Interest income Interest expense Net interest income
24,620 (8,587) 16,032
49,887 (17,642) 32,245
25,554 (8,777) 16,777
-4% -2% -4%
Other Income Operating Income
6,064 22,097
12,541 44,786
6,038 22,815
0% -3%
Impairment losses on loans and advances Net Operating expenses (Loss)/Profit before income tax
(9,084) (15,442) (2,429)
(6,160) (30,991) 7,635
(510) (15,517) 6,788
1681% 0% -136%
(2,699)
(1,833)
-100%
4,936 0.33
4,955 0.33
-149%
Provision for Income Tax (Loss)/Profit for the year Earnings per share
(2,429) (0.17)
BANK OF ST. VINCENT AND THE GRENADINES LIMITED Interim Consolidated Cash Flows As at June 30, 2017 (expressed in thousands of Eastern Caribbean dollars)
Operating Activities - (Loss)/Profit before income tax - Adjustments for items not affect cash ,changes in non-cash working capital components and other items net Cash flows from operating activities Cash flows from investing activities Cash flows from financing activities Net increase in cash and cash equivalents Effects of exchange rate on cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year
(Unaudited) 6 mths to June 30, 2017 $'000
(Audited) 12 mths to December 31, 2016 $'000
(Unaudited) 6 mths to June 30, 2016 $'000
(2,429)
7,635
6,788
9,768 49,637 (26,403) (4,694) 18,540 158 229,738 248,436
8,503 88,434 (5,254) (6,999) 76,181 (293) 153,850 229,738
2,047 46,440 944 (4,842) 42,542 (178) 153,850 196,214