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  FINANCIAL STATMENTS  
 
 
       
 

 

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Jordan Mortgage Refinance Company
Public Shareholding Company
Statement of Income
For The Year Ended December 31, 2009

(In Jordanian Dinars)

_____________________________________

 

 

Note

2008

2009

Interest income

12

17,048,928

17,198,792

Interest expense

13

( 14,651,042)

( 14,429,737)

Gross operating income

 

2,397,886

2,769,055

General and administrative expenses

14

( 723,981)

( 774,605)

Depreciation

6

( 29,508)

( 21,763)

Gain from sale of available for sale investments

 
184,939
-

Other revenues

 

13,429

6,268

Fees and other expenses

15

( 102,976)

( 106,510)

Profit before income tax

 

1,739,789

1,872,445

Income tax expense

 

( 454,614)

( 406,117)

Profit for the period

 

1,285,175

1,466,328

Earnings per share

16

0,257

0,293

"The attached notes from (1) to (24) are part of these financial statements

Jordan Mortgage Refinance Company

Public Shareholding Company

Statement of comprehensive income for The Year Ended 31 December 2009

 

(In Jordanian Dinars)

 
2009
2008
Profit for the year
1,466,328
1,285,175
Other comprehensive income items
Available for sale financial asset valuation
( 6,250)
( 229,644)
Total comprehensive income for the year
1,460,078
1,055,531