ASA-Annual Report

 

 

The Financial Analysis is an important instrument, which shows the overall condition and performance of an organization. Though the financial analysis is usually presented in brief but it can show the achievements and the failures, which can be compared with the previous year’s result. Financial Analysis is not only important to the management level but also to the members.

The financial analysis of ASA is as follows:

Portfolio

2000

1999

Total loan disbursed

7,780,364,000

6,619,326,000

Number of loans disbursed

1,193,332

1,141,526

Average loan size

6,520

5,799

Total loan portfolio (end balance, principal)

3,985,598,017

3,694,350,172

   Current

3,965,750,979

3,683,163,033

   Overdue

19,847,038

11,187,139

Number of active clients (borrowers)

1,128,693

1,084,318

Average portfolio balance by client (borrowers)

3,531

3,407

Average loans portfolio balance (Annual)

3,839,974,095

2,952,438,300

Total loan loss provision (end year)

77,803,640

66,193,260

Total amount written off (end year)

4,045,647

459,883

Total loan loss reserve (end year)

201,557,184

127,799,191

Number of Loan Officer (end year)

3,490

3,334

Number of full time staff (end year)

5,347

5,145

Savings

Total savings (end balance)

1,607,267,134

1,269,003,678

     Compulsory

783,176,750

635,182,700

     Voluntary

824,090,384

633,820,978

Types of savings (end balance)

1,607,267,134

1,269,003,678

     Members

1,554,662,995

1,082,813,840

     Pass Book (Associate)

14,786,160

73,312,155

     Long-term

37,817,979

112,877,683

Number of savings account (end balance)

1,238,991

1,467,145

     Members

1,204,938

1,178,987

     Pass Book (Associate)

19,102

196,062

     Long-term

14,951

92,096

Average savings balance by account

1,297

865

     Members

1,290

918

     Pass Book (Associate)

774

374

     Long-term

2,529

1,226

Savings on portfolio

40.33%

34.35%

Savings on total assets

32.72%

29.22%

Productivity and quantitative indicators

Admin cost per taka money lent

0.044

0.041

Admin cost per loan made

288.09

238.47

Number of Active Borrowers/Loan Officer

323.41

325.23

Portfolio per Loan Officer

1,142,005

1,108,083

Portfolio per staff

745,390

718,047

Portfolio in arrears

0.50%

0.30%

Portfolio at risk

0.94%

0.80%

Loan loss ratio

0.11%

0.01%

Reserve ratio

5.05%

3.46%

Financial indicators

Effective yield on average assets

23.92%

21.17%

ROE (Average return on equity)

13.62%

10.91%

ROA (Average return on assets)

4.60%

3.27%

Operating financial self-sufficiency

135.52%

132.62%

Financial self-sufficiency

123.81%

118.25%

Total expenses/Total average assets

19.32%

17.90%

Financial costs/Total average assets

8.09%

6.69%

Adjustment costs/Total average assets

1.67%

1.94%

Loan loss costs/Total average assets

1.77%

1.81%

Admin costs/Total average assets

7.80%

7.46%

Total equity/assets

34.26%

29.80%

Total equity/liability

30.31%

46.86%

Other

Total perform. assets (end balance)

4,912,074,690

3,903,588,638

Total capital or equity (end balance)

1,682,712,673

1,294,156,722

Average capital or equity

1,488,434,698

1,092,543,269

Total concessional loan (end balance)

1,622,094,883

1,322,094,883

Average concessional loan (end balance)

1,472,094,883

1,011,297,442

Admin costs on total expenses

40.37%

41.68%

Personnel costs on total expenses

33.69%

33.94%

 

CONTENTS: * The Profile of ASA  * ASA Organogram * Message for ASA * A Few Words

* Preface * ASA : A Cost-effective Sustainable MFI * ASA : A Self-reliant * Development Model

* Sources of Fund * ASA Microcredit and Microsavings Program * ASA Insurance * ASA Abroad

* Microfinance Training in ASA * ASA Consultancy Service * ASA-NGO Partnership Program

* Financial Analysis-2000 * Research and Publications * Public Relations * ASA at a Glance 2000

* ASA Plan for 2001 * Where ASA Works 

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