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Language: English

WARNING! Macros are NOT enabled.


(Ignore this message if you have just SAVED the workbook.)
Please read the explanation in the blue box further below.
You may use and share this tool without charge, but you must acknowl
© SEEP Network, 2005

Development of this tool was financed by Catholic Relief Services (CRS), Christian Children's Fund (CCF), Gramee

This tool was developed by: MFI Solutions, LLC


Chuck Waterfield (Head Developer)
Ana Escalona (Assistant Developer) For questions or
Tony Sheldon (Advisor) Visit our webpage for a
WARNING! Macros are NOT enabled. Please read the explanation in
(Ignore this message if you have just SAVED the workbook.)
NOTE: You MUST "enable macros" when opening this file or many features will not work. You may need to
security settings in Excel (use Tools / Macros / Security / Medium) and then reopen the file.

Please note that this workbook is a companion tool to the SEEP Manual "Measuring Performance of Microf
Institutions". You should refer to this manual in order to understand the definitions and concepts underlyin
workbook.

These buttons are for your (careful and prudent) use. The only one that can "break" things is the ERASE b

Branch Aggregation Model

` Convert this file into a BRAN


#VALUE! Number of branch sheets in th
NOTE: Branch model files will

Changes by Version (This list only appears in English)


1.01 This was a test version with limited release
1.02 Released 16 November 2005
Enhancements
Automatically carry over renogotiated portfolio value from DataInput to AdjInput sheet; affects Export
Automatically carry over portfolio > 180 days in A5.1 from section A4 above on AdjInput sheet; affects
Add error-counter to top of AdjInput
Add reference of selected adjustment methodology on FinReports(Adj) and Ratios sheets
Added out-of-balance warning to Balance Sheet reports
Added forced-balance formula to current loans on DataInput when breaking portfolio down by produc
Added comments columns to far-right of all outputs sheets
Added note about NA in Current Period column of MMR/QMR/etc
Added a check in VBA; if one year old recommend looking for new version on website
Added "Enable Events" button to INTRO to solve intermittent problems
Added reference numbers and YTD clarifications to AdjInput sheet
Ratios: Added more lines for user-defined ratios
Intro: Added logos of funding organizations
Formatting/Output Corrections
FinReports(Unadj): P5 was showing as negative value for previous year column
FinReports(Unadj): P5(0) was not showing beginning balance
FinReports(Adj): deleted figure in first column for B31; shouldn't have been there
FinReports(Adj): added A2.3 depreciation adjustment to report
FinReports(Adj): shifted A4 adjustment from I13 to I14
OutputAdj: Added A2.3 to Balance Sheet
AdjInput: Correct to hide all rows in A2.3 if method=Benchmarking
QtrFinan: Correct "All figures are in " Stated foreign currency and must be local currency
MMR/QMR, etc: "As of Last Yr" figure for data coming from Ratios sheet was not displaying properly
FinReports(Unadj): Changed prorating messages for Balance Sheet and Portfolio Report
Ratios: Changed data types from "flow" to "stock" for many ratios so that Reports would handle prope
MMR/QMR, etc: Changed "YTD Variance / Target (YTD)" column to only annualize flow variables, no
MMR/QMR, etc: Modified to avoid large percentage variances when data is incomplete
QtrFinan: Changed percentage column to show NA if denominators are 0
VBA Open routine was checking for 180-old version and blocking access
Improvements to the Spanish translation
FinReports(Unadj): Correct end-dates for 2nd and 3rd year for BS, CF, and NFD reports
Calculation Changes
AdjInput: Subsidized Cost of Funds calculation for True Performance was flawed for non-annual calcs
AdjInput: Adjusted Denominator values were not all calculating correctly
DataInput: C24 and C48 showed wrong figure for Year 2
AdjInput: True Performance inflation adjustment was not calculating for "beginning balances" option
AdjInput: Redesigned True Performance subidized funds adjustment to use average YTD figures
AdjInput: Redesigned True Performance depreciation adjustment to use period figures
1.03 Released 30 August 2006
Correct loss allowance rate input cells for Year 3 / Quarterly Data; were not properly displayed
Correct annual target figures for user-defined rows; were not displaying on
1.04 Released 18 October 2006
Year-end conversion was not working; now corrected
Disable right-click on sheet tabs to avoid lockup problems
Corrected "Adjusted Denominator Formulas" on AdjInput sheet
Removed error-check on rows 400 and 401 of DataInput for the InitBal columns
1.10 Released 12 February 2007
Corrected SUMIF formula on R11 and R11Adj; was not summing all PAR aging categories
Removed "*" from R11 and R11 formula descriptions
Revised definition of R16 on RATIOS sheet
Added new IMPORT feature via button on SETUP sheet
Incorporated French translation
1.11 Released 16 February 2007
Minor correction to IMPORT routine to work with version 1.04
1.12 Released 12 March 2007
Correction to IMPORT to allow import from another same-version file and to prohibit import from FUT
Moved VBA security/macro warning message higher on the INTRO screen
Add test for recent Excel patches installed if using Excel 2003
Add notice if opened in Excel 2007; toolbars are hidden
1.12 Re-released 5 April 2007
Enabled Chinese language translation
1.13 Released 2 July 2007
Add Arabic translation, with left-to-right option
Incorporate translation of worksheet tabs
Added digital certificate to VBA module
Small correction on test for installed Excel patches
2.00 Released 6 March 2008
Major new revisions and features throughout the model; refer to documentation for a complete list
NOTE: Only English version released in 2.00
2.01 Released 16 March 2008
Corrected "% Achieved" and "YTD Variance" columns for MMR, QMR, BoardRep, and DonorRep she
2.02 Released 12 April 2008
Corrected "Plan YTD"column for MMR, QMR, BoardRep, and DonorRep sheets
2.03 Released 13 May 2008
Ratios: Corrected R4Px Formulas; were not including fee income; only had interest income; also, avg
DataInput: C48 showed wrong figure for Year 1 and Year 2
DataInput: corrected formula for P5[0] for Year 2
DataInput: correction to internal count-of-entries-in-column for "current year columns" to avoid showin
Ratios: Correct calculation of average loan amount in the by-product subaccount lines for R17
Import process was not bringing in all data starting with imports made from 2.0; imports from earlier v
Variance: Correct report to show "benchmarks" when "most recent period" selected
2.04 Released 15 May 2008
Ratios(Mon): Correct calculation of average loan amount in the by-product subaccount lines for R17
2.05 Released 5 Jun 2008
Completed Arabic translation
Enabled translation dropdown; added note that spanish, french, and chinese translations are only 85%
2.06 Released 21 Jun 2008
Completed Spanish, French, and Chinese translations
Corrected some formulas for section A3 on AdjInput for fixed asset and equity values
2.07 Released 13 Nov 2008
Corrected minor formula error on OutputMon sheet for some values of I4, Fees and Commissions on Lo
Tool Version: 2.07
Release Date: 13-Nov-2008
Excel Version: 310m19(Build:9420) Build: 8231

arge, but you must acknowledge the SEEP Network in all instances.

hildren's Fund (CCF), Grameen Foundation and USAID

For questions or comments please contact: FRAME@seepnetwork.org


Visit our webpage for additional FRAME materials: www.seepnetwork.org/FRAME
d the explanation in the blue box further below.
will not work. You may need to change the
eopen the file.

asuring Performance of Microfinance


nitions and concepts underlying this

eak" things is the ERASE button!

<--- Click the Enable VBA Events if you find that toolbars are not being updated; this means that Visual B

ggregation Model

Convert this file into a BRANCH model


Number of branch sheets in this model
NOTE: Branch model files will be larger if there are multiple branch sheets. Delete extra branch sheets BEFORE creating a model for distrib

AdjInput sheet; affects Export from 1.0


ove on AdjInput sheet; affects Export from 1.0

and Ratios sheets

king portfolio down by product

ion on website

st be local currency
et was not displaying properly
d Portfolio Report
at Reports would handle properly
y annualize flow variables, not stock
a is incomplete

and NFD reports

as flawed for non-annual calcs

"beginning balances" option


use average YTD figures
e period figures

not properly displayed


R aging categories

nd to prohibit import from FUTURE versions

entation for a complete list

BoardRep, and DonorRep sheets

had interest income; also, avg gross portfolio figures were inconsistent

year columns" to avoid showing negative figures on OutputMon for first incomplete month
baccount lines for R17
om 2.0; imports from earlier versions was working properly

uct subaccount lines for R17

nese translations are only 85% complete

equity values

Fees and Commissions on Loan Portfolio.


; this means that Visual Basic Events are not enabled.
creating a model for distribution.
0

0 Branch Model?
Setup Sheet WARNING: There are ERRORS indicated below. You mu

Explanation: Use this sheet to SETUP your FRAME Tool. Input basic information about your inst
the top section, then enable the optional features you want using the lower section.

Institutional Information
Name of Institution
Country
Type of Institution (NGO, Coop, etc.)
Name of local currency (plural)

Margin of Error Flag as errors all differences in excess of 10

Year for Current Data


Beginning Month of Fiscal Year
This will be shown as: FY00

Data Frequency Using the dropdown lists below, choose the data frequency for each year, starting w
Current Year. You may use different frequencies for different years. You may also
to NOT enter data for one or more previous years. Columns will be displayed or hid
elsewhere in the tool based on your choices here.

You may change these options at any point without any loss in data.

FY00 -- Choose Data Frequency Enter monthly data


FY99 -- Choose Data Frequency Enter monthly data
FY98 -- Choose Data Frequency Enter monthly data
FY97 -- Choose Data Frequency Enter annual data
FY96 -- Choose Data Frequency Enter annual data

Year-end conversion process At the end of the fiscal year, you may use the button below to shift all of your data by
year. The data for the oldest year will be lost in this process. Be sure to keep a cop
original data file before beginning this process!

Enable Features

External Currency Conversions You may generate reports in one or two different external currencies. Type a curren
(e.g., Euros) in the cells below to enable this feature elsewhere in the FRAME tool.

First external currency (plural)


Second external currency (plural)
Cash Flow Method The Framework Manual describes two approaches to generating a Cash Flow State
the Direct Method and the Indirect Method. You may select your preferred method f
dropdown list below. You may also choose to turn off the cash flow statement sectio
the tool, as the information in the cash flow is not used in the generation of the Finan
Ratios.

You can switch between methods without any loss of data entered.

Choice: Use Direct Cash Flow Method

Analytical Adjustments Check the box below to enable the "Financial Adjustments" calculations in the FRAM
If left unchecked, several sheets related to adjustments will be hidden from view as
Adjusted Financial Ratios on the RATIOS sheet.

You can turn this feature on and off without any loss of data entered.

Choice: Check this box to enable the Analytical Adjustments Calculations

User-Defined Accounts The FRAME tool includes two types of user-defined accounts. First, some line item
Income Statement and Balance Sheet include the option to break down amounts int
accounts". Second, the tool includes some empty lines that allow the user to add ad
data points to track as well as define additional ratios.

You can turn this feature on and off without any loss of data entered.

Choice: Enable user-defined sub-accounts

Forecast, Variance and Benchmark The FRAME Reports include the option of variance analysis calculations and bench
comparisons. In order to use these you need to input forecasting and benchmarking
Analysis information on the DataInput and Ratios sheets.

You can turn this feature on and off without any loss of data entered.

Forecasting for FY00: Don't enter data for this year

Extended forecasting for FY01 - FY04: Do not enable forecasting beyond FY00

Choice: Enable Benchmarking Features

Enable the gender ratios Click this box to enable the tracking of certain ratios by gender.

You can turn this feature on and off without any loss of data entered.

Choice: Enable the gender ratios


Branch Aggregation Model This feature allows FRAME to be configured to compile data for multiple branches (o
regions) and then aggregate that data for aggregate totals. Each branch/region add
FRAME adds an additional sheet to this file.

Please read the manual CAREFULLY before proceeding. This is an ADVANCED fe


and you should fully understand FRAME before proceding with this feature.

Choice: Enable Branch Aggregation Model Feature

Converting to Branch Model: Use the checkbox on the bottom of SETUP to create a branch model. Cr

Add Branch Sheet:

FRAME Import/Export Process Click the left button below to create an FRAME Export Data File. This is a separate
workbook that will contain a single sheet listing all data entered into input cells throu
the FRAME Tool.

Click the right button below to import data from a FRAME Export Data File into the F
Tool you currently have open. Importing data into this FRAME Tool will delete and re
any existing data, so make a copy of this file if it contains useful information.

NOTE! Only VALUES are transfered using the Export/Import process. Any FORMU
you created (eg, user-defined ratios) will not be transferred. Any customization of th
reports will not be transferred. Be sure to carefully review your data after performing
Import.

Internal Calculations Section


Yr1PerDivisor 12
Yr2PerDivisor 12
Yr3PerDivisor 12

2000 Year
2005 1 Month
2004 2,004 Bud Y5 FY04
2003 2,003 Bud Y4 FY03
2002 2,002 Bud Y3 FY02
2001 2,001 Bud Y2 FY01
2000 2,000 Current Year (bud) FY00
2000 2,000 Current Year FY00
1999 1,999 Previous Year FY99
1998 1,998 Penultimate Year FY98
1997 1,997 Annual Year 2 FY97
1996 1,996 Annual Year 1 FY96
Month Number 1

Control Lists
Enter monthly data
Monthly 1
Enter quarterly Quarterly
data 3
Enter annual data
Annual 12
Don't enter dataNo
forData
this year
NOTE: These are in upside down order!
FY96 1 Annual Year 1 (ann/OFF)
FY97 1 Annual Year 2 (ann/OFF)
FY98 1 Year 1 choice (mon/qtr/ann/OFF)
FY99 1 Year 2 choice (mon/qtr/ann/OFF)
FY00 1 Current Year choice (mon/qtr/ann)

2 Use beginning balances of net fixed assets


Use average balances of net fixed assets
Use end balances of net fixed assets

2 Net fixed assets inflation adjustment method choice

Use beginning balances of equity


Use average balances of equity
Use end balances of equity

2 Equity inflation adjustment method choice

The MFI has Impairment Loss Allowance policy in place tha


Is adequate because it reflects true performance
Is not adequate because it does not reflect true performance

1 Impairment Loss allowance policy choice


The MFI has Write-off policy in place that:
Is adequate because it reflects true performance
Is not adequate because it does not reflect true performance

1 Write-off policy choice

True Performance
TruePerf
Benchmarking
Bench

2 Adjust Method
0 AdjustMethod Personnel Month Factor: 0 if bench, 1 if truep

Cash Flow Options


Use Direct Cash Flow Method
Use Indirect Cash Flow Method
Turn off the Cash Flow Statement

1 CashFlowType

Enable Optional Breakdown of Portfolio at Risk (PAR)


Disable Optional Breakdown of Portfolio at Risk (PAR)

2 EnabPARBreakdown

January January-00 Monthly Cutoff Dropdown choices


February February-00
March March-00
April April-00
May May-00
June June-00
July July-00
August August-00
September September-00
October October-00
November November-00
December December-00
(Note: not needed on EXPORT)
1 Adjusted Report Dropdown (Monthly list)
1 Unadjust Report Dropdown

March March-00 Quarterly Cutoff Dropdown choices


June June-00
September September-00
December December-00
(Note: not needed on EXPORT)
1 QtrFinal Report Dropdown
1 Adjusted Report Dropdown (Quarter list)
1 Unadjust Report Dropdown
Margin of Error
Flag as errors all differences in excess of 1 1
Flag as errors all differences in excess of 10 10
Flag as errors all differences in excess of 100 100
Flag as errors all differences in excess of 1,000 1,000
Flag as errors all differences in excess of 10,000 10,000

2
English
Español
Français
Chinese -- 中文简体
Arabic -- ‫عربي‬
User-Defined Language
1 1

Enable Net Inflation Expense Line if MFI uses Inflation Acco


Disable Net Inflation Expense Line if MFI does not use Infla
2

Control variables linked to objects or VBA controled


FALSE 0 EnabAdjust (linked to checkbox on SETUP)
FALSE EnabBench (linked to checkbox on SETUP)
FALSE EnabSubAcct (linked to checkbox on SETUP)
FALSE EnabGender (linked to checkbox on SETUP)
FALSE HideDefs (controled by VBA based on toolbar button)
TRUE HideComments (controled by VBA based on toolbar button)
FALSE ShowMnthRatios (linked to button on RATIOS)
TRUE OpenGPMTWasRun (set by VBA)
4 Year 1 Budgeting (1: mon, 2: qtr, 3: ann, 4: turn off)
1 year 2-5 Budgeting (1: disabled)
FALSE Enable Branch modeling
0 Enable BranchSheet summation
FALSE Enable Branch Sheet model (hides SETUP, etc)
Name of Institution Our MFI (Enter name on SETUP)
0 are projections enabled?
indicated below. You must correct them to have reliable data.
sic information about your institution in
want using the lower section.

uency for each year, starting with the


different years. You may also choose
olumns will be displayed or hidden

ny loss in data.

elow to shift all of your data by one


ocess. Be sure to keep a copy of your

nal currencies. Type a currency name


lsewhere in the FRAME tool.
generating a Cash Flow Statement --
select your preferred method from the
the cash flow statement sections of
d in the generation of the Financial

data entered.

ents" calculations in the FRAME tool.


s will be hidden from view as will the

f data entered.

stments Calculations
ccounts. First, some line items in the
on to break down amounts into "sub-
s that allow the user to add additional

f data entered.

nalysis calculations and benchmark


forecasting and benchmarking

f data entered.

y gender.

f data entered.
e data for multiple branches (or
otals. Each branch/region added to

ing. This is an ADVANCED feature


ding with this feature.

create a branch model. Create a branch model BEFORE adding branch sheets.

#VALUE! Number of branch sheets in this model

Data File. This is a separate Excel


a entered into input cells throughout

ME Export Data File into the FRAME


FRAME Tool will delete and replace
ins useful information.

/Import process. Any FORMULAS


erred. Any customization of the
view your data after performing an
Dropdown list for future forecasting
Do not enable forecasting beyond FY00 [not in use]
Enable annual forecasting for FY01 FY01
Enable annual forecasting for FY01 - FY02 FY01 - FY02
Enable annual forecasting for FY01 - FY03 FY01 - FY03
Enable annual forecasting for FY01 - FY04 FY01 - FY04

ERROR: You cannot choose 'no data' for FY99 if you have not also chosen 'no data' for FY98
ERROR: You cannot choose 'no data' for FY98 if you have not also chosen 'no data' for FY97
ERROR: You cannot choose 'no data' for FY97 if you have not also chosen 'no data' for FY96

upside down order!

ent method choice

owance policy in place that:


ue performance
not reflect true performance
ue performance
not reflect true performance

Factor: 0 if bench, 1 if trueperf

ortfolio at Risk (PAR)


ortfolio at Risk (PAR)

own choices

down (Monthly list)

down choices

down (Quarter list)


NOTE: Do NOT add more lines here… it will mess up the IMPORT!!!!

e if MFI uses Inflation Accounting


ne if MFI does not use Inflation Accounting

checkbox on SETUP)

x on SETUP)

ed on toolbar button)
A based on toolbar button)
n on RATIOS)

3: ann, 4: turn off)

es SETUP, etc)
Income Statement
Enter Year-to-date totals for each category in
local currency.
I1 Financial Revenue
I2 C1* Financial Revenue from Loan Portfolio
I3 Interest on Loan Portfolio
I4 Fees and Commissions on Loan Portfolio
Printed 01/30/2011 At 01:46:14 KASHF Page 26
File Name: 50510212.xls
Balance Sheet

Assets
B1 C26 C50 Cash and Due from Banks Cash on hand, near cash, and other highly liquid
instruments paying little or no interest. This may
include non-interest-bearing bank balances and
deposits. For MFIs that are banks, it may include
very short (overnight, daily, weekly) money-
market investments or treasuries.

B2 Trade Investments Any financial assets acquired or incurred primarily


for the purpose of selling or repurchasing in the
near term; i.e., convertible to cash within or at 12
months or having a longer term but used for
short-term profit-taking or trading. These may
include certificates of deposit, including interest-
bearing deposits and treasury bills, and are often
used in liquidity management.

B3 Net Loan Portfolio The (B4) Gross Loan Portfolio less the (B5) B4 - B5 0 0 0 0
Impairment Loss Allowance.
B4 P4 Gross Loan Portfolio All outstanding principal due for all outstanding
client loans. This includes current, delinquent, and
renegotiated loans, but not loans that have been
written off. All delinquent loans should be
considered short-term and included here. It does
not include interest receivable. If the MFI makes
loans to employees, board members, or others
associated with the institution, it should disclose
this and, if the amount is significant, create
subaccounts to (B4) to separate loans to clients
and loans to related parties.

B5 P5 Impairment Loss Allowance Previously known as the loan loss allowance, the
portion of the (B4) Gross Loan Portfolio that has
been expensed (provisioned for) in anticipation of
losses due to default. This item represents the
cumulative value of the impairment losses on
loans less the cumulative value of loans written
off. Express this item as a contra asset account
and state it as a negative number.

B6 Interest Receivable on Loan Portfolio Interest receivable on the (B5) Gross Loan
Portfolio net of any expense to reduce accrued
interest if the collection of the accrued interest is
considered uncertain (see I11).

B7 Accounts Receivable and Other Assets Accounts receivable, notes receivables, and other
receivables, net of any allowances for doubtful or
uncollectible accounts. This includes all
receivables other than client loan accounts,
including interest receivable on non-funding
liabilities such as mortgages.

B8 Other (Long-term) Investments Include investments that have a fixed maturity or


payments that the MFI intents to hold to maturity.
This item may include bonds or shares that the
MFI plans to hold for 12 months or more or other
financial assets available for sale but not
considered loans, receivables, or (B2) Trade
Investments.

B9 Net Fixed Assets The cost or value of all physical property and B10 + B11 0 0 0 0
other tangible assets that the MFI currently uses
less accumulated depreciation expense.

B10 Fixed Assets The cost or value of all physical property and
property improvements, furniture, and equipment
that the MFI currently uses (including all donated
equipment that the MFI owns). Fixed assets may
also include other tangible assets, such as
software. Intangible assets (those assets that
have no physical properties but represent a future
economic benefit to the MFI) may be included
here if permitted by local accounting standards.

B11 Accumulated Depreciation and Amortization The sum of all depreciation expenses for (B10)
Fixed Assets and the amortization of other
tangible assets that have not yet been retired and
removed from the balance sheet. Accumulated
depreciation represents the reduction in value of
Fixed Assets corresponding to the assets'
remaining useful life. Amortization of intangible
assets may be included here if the practice is
permitted by local accounting standards. This
contra asset account is expressed as a negative
number.

B12 Total Assets The value of all asset accounts net of all contra B1 + B2 + B3 + 0 0 0 0
asset accounts. B6 + B7 + B8 +
B9

Liabilities
B13 Demand Deposits Deposits mobilized from the general public and
members that the MFI is liable to repay on
demand. This includes any current, checking, or
savings accounts that are payable on demand.

B14 Short-term Time Deposits Deposits mobilized from the general public and
members that the MFI is liable to repay on a fixed
date within 12 months of the statement date. This
includes certificates of deposit or fixed term
deposits. It also includes compulsory deposit
accounts that are held by the MFI as a condition
for a current or future loan or other service, such
as cash collateral accounts or guarantee
deposits.

B15 Short-term Borrowings The principal balance due within or at 12 months


from the statement date for all funds received
through a loan or other contractual debt
agreement. This includes loans, lines of credit,
and overdraft facilities with outstanding balances,
as well as the portion of long-term obligations
payable within 12 months.

B16 Interest Payable on Funding Liabilities Interest accrued on liability accounts that fund
financial operations, including (B13), (B14), (B15),
(B18), and (B19). It does not include borrowing for
purchasing or improving real estate or other fixed
assets such as vehicles. This item is included in
(B17).

B17 Accounts Payable and Other Short-term Other short-term liabilities due within 12 months,
including tax and salary liabilities, payroll
Liabilities withholdings, and other accounts payable. It
should also include any short-term portion of
deferred revenue.

B18 Long-term Time Deposits Deposits mobilized from the general public and
members that the MFI is liable to repay with a
fixed maturity date greater than 12 months from
the statement date.

B19 Long-term Borrowings The principal balance due in more than 12


months for all funds received through a loan or
other contractual agreement and all subordinated
debt. This account should not include long-term
funds for which no set repayment date exists,
such as long-term subsidized loans from related
companies or public agencies (see B20).

B20 Other Long-term Liabilities Other long-term liabilities due in more than 12
months, including long-term deferred revenue,
pension liabilities, and liabilities that do not
directly fund the financial operations of the MFI
portfolio, such as mortgages on real estate and
other loans for fixed asset purchases. Long-term
concessional funding for which no repayment
date is set or anticipated, but is not a grant, is also
included in this account.

B21 Total Liabilities The total value of all liability accounts. B13 + B14 + 0 0 0 0
B15 + B16 +
B17 + B18 +
B19 + B20

Equity
B22 Paid-In Capital The value of capital paid by shareholders or
members net of any shares repurchased or
capital repaid.

B23 Donated Equity The total value of all (I28) Donations received and B24 + B25 0 0 0 0
recognized as revenue.
B24 Prior Years The cumulative value of (I28) Donations from 0 0 0 0
prior fiscal years.
B25 I28 C44* Current Year The value of (I28) Donations from the current 0 0 0 0
fiscal year.
B26 Retained Earnings The total value of (I27) Net Income (After Taxes B27 + B28 0 0 0 0
and Before Donations) from current and prior
periods, net of any dividends paid to shareholders
or members.

B27 Prior Years The cumulative value of (I27) Net Income (After
Taxes and Before Donations) from prior periods,
net of dividends paid to shareholders or
members.

B28 I27 Current Year The value of (I27) Net Income (After Taxes and 0 0 0 0
Before Donations) from the current fiscal year.

B29 Reserves Reserves such as those imposed by law, statute,


or Board decision.

B30 Other Equity Accounts Other equity accounts, including all revaluations
and adjustments. For MFIs required to use
inflation-based accounting, this account should be
used to offset the Net Inflation Expense. The MFI
should disclose any substantial item in this
account.

B31 Adjustments to Equity Adjustments to the balance sheet to account for


subsidized funds, in-kind subsidies, and inflation.
For more information on Adjustments to Equity,
see chapter 3.

B32 Total Equity Total value of all equity accounts. B22 + B23 + 0 0 0 0
B26 + B29 +
B30 + B31
Printed 01/30/2011 At 01:46:14 1 Page 27
File Name: 50510212.xls
Balance Sheet

Assets
B1 C26 C50 Cash and Due from Banks Cash on hand, near cash, and other highly liquid 0 0 0 0 0
instruments paying little or no interest. This may
include non-interest-bearing bank balances and
deposits. For MFIs that are banks, it may include
very short (overnight, daily, weekly) money-
market investments or treasuries.

B2 Trade Investments Any financial assets acquired or incurred primarily 0 0 0 0


for the purpose of selling or repurchasing in the
near term; i.e., convertible to cash within or at 12
months or having a longer term but used for
short-term profit-taking or trading. These may
include certificates of deposit, including interest-
bearing deposits and treasury bills, and are often
used in liquidity management.

B3 Net Loan Portfolio The (B4) Gross Loan Portfolio less the (B5) B4 - B5 0 0 0 0
Impairment Loss Allowance.
B4 P4 Gross Loan Portfolio All outstanding principal due for all outstanding 0 0 0 0 0
client loans. This includes current, delinquent, and
renegotiated loans, but not loans that have been
written off. All delinquent loans should be
considered short-term and included here. It does
not include interest receivable. If the MFI makes
loans to employees, board members, or others
associated with the institution, it should disclose
this and, if the amount is significant, create
subaccounts to (B4) to separate loans to clients
and loans to related parties.

B5 P5 Impairment Loss Allowance Previously known as the loan loss allowance, the 0 0 0 0 0
portion of the (B4) Gross Loan Portfolio that has
been expensed (provisioned for) in anticipation of
losses due to default. This item represents the
cumulative value of the impairment losses on
loans less the cumulative value of loans written
off. Express this item as a contra asset account
and state it as a negative number.

B6 Interest Receivable on Loan Portfolio Interest receivable on the (B5) Gross Loan 0 0 0 0
Portfolio net of any expense to reduce accrued
interest if the collection of the accrued interest is
considered uncertain (see I11).

B7 Accounts Receivable and Other Assets Accounts receivable, notes receivables, and other 0 0 0 0
receivables, net of any allowances for doubtful or
uncollectible accounts. This includes all
receivables other than client loan accounts,
including interest receivable on non-funding
liabilities such as mortgages.

B8 Other (Long-term) Investments Include investments that have a fixed maturity or 0 0 0 0


payments that the MFI intents to hold to maturity.
This item may include bonds or shares that the
MFI plans to hold for 12 months or more or other
financial assets available for sale but not
considered loans, receivables, or (B2) Trade
Investments.

B9 Net Fixed Assets The cost or value of all physical property and B10 + B11 0 0 0 0 0
other tangible assets that the MFI currently uses
less accumulated depreciation expense.

B10 Fixed Assets The cost or value of all physical property and 0 0 0 0
property improvements, furniture, and equipment
that the MFI currently uses (including all donated
equipment that the MFI owns). Fixed assets may
also include other tangible assets, such as
software. Intangible assets (those assets that
have no physical properties but represent a future
economic benefit to the MFI) may be included
here if permitted by local accounting standards.

B11 Accumulated Depreciation and Amortization The sum of all depreciation expenses for (B10) 0 0 0 0
Fixed Assets and the amortization of other
tangible assets that have not yet been retired and
removed from the balance sheet. Accumulated
depreciation represents the reduction in value of
Fixed Assets corresponding to the assets'
remaining useful life. Amortization of intangible
assets may be included here if the practice is
permitted by local accounting standards. This
contra asset account is expressed as a negative
number.

B12 Total Assets The value of all asset accounts net of all contra B1 + B2 + B3 + 0 0 0 0 0
asset accounts. B6 + B7 + B8 +
B9

Liabilities
B13 Demand Deposits Deposits mobilized from the general public and 0 0 0 0 0
members that the MFI is liable to repay on
demand. This includes any current, checking, or
savings accounts that are payable on demand.

B14 Short-term Time Deposits Deposits mobilized from the general public and 0 0 0 0 0
members that the MFI is liable to repay on a fixed
date within 12 months of the statement date. This
includes certificates of deposit or fixed term
deposits. It also includes compulsory deposit
accounts that are held by the MFI as a condition
for a current or future loan or other service, such
as cash collateral accounts or guarantee
deposits.

B15 Short-term Borrowings The principal balance due within or at 12 months 0 0 0 0 0


from the statement date for all funds received
through a loan or other contractual debt
agreement. This includes loans, lines of credit,
and overdraft facilities with outstanding balances,
as well as the portion of long-term obligations
payable within 12 months.

B16 Interest Payable on Funding Liabilities Interest accrued on liability accounts that fund 0 0 0 0
financial operations, including (B13), (B14), (B15),
(B18), and (B19). It does not include borrowing for
purchasing or improving real estate or other fixed
assets such as vehicles. This item is included in
(B17).

B17 Accounts Payable and Other Short-term Other short-term liabilities due within 12 months, 0 0 0 0
including tax and salary liabilities, payroll
Liabilities withholdings, and other accounts payable. It
should also include any short-term portion of
deferred revenue.

B18 Long-term Time Deposits Deposits mobilized from the general public and 0 0 0 0 0
members that the MFI is liable to repay with a
fixed maturity date greater than 12 months from
the statement date.

B19 Long-term Borrowings The principal balance due in more than 12 0 0 0 0 0


months for all funds received through a loan or
other contractual agreement and all subordinated
debt. This account should not include long-term
funds for which no set repayment date exists,
such as long-term subsidized loans from related
companies or public agencies (see B20).

B20 Other Long-term Liabilities Other long-term liabilities due in more than 12 0 0 0 0
months, including long-term deferred revenue,
pension liabilities, and liabilities that do not
directly fund the financial operations of the MFI
portfolio, such as mortgages on real estate and
other loans for fixed asset purchases. Long-term
concessional funding for which no repayment
date is set or anticipated, but is not a grant, is also
included in this account.

B21 Total Liabilities The total value of all liability accounts. B13 + B14 + 0 0 0 0 0
B15 + B16 +
B17 + B18 +
B19 + B20

Equity
B22 Paid-In Capital The value of capital paid by shareholders or 0 0 0 0
members net of any shares repurchased or
capital repaid.

B23 Donated Equity The total value of all (I28) Donations received and B24 + B25 0 0 0 0
recognized as revenue.
B24 Prior Years The cumulative value of (I28) Donations from 0 0 0 0 0
prior fiscal years.
B25 I28 C44* Current Year The value of (I28) Donations from the current 0 0 0 0
fiscal year.
B26 Retained Earnings The total value of (I27) Net Income (After Taxes B27 + B28 0 0 0 0
and Before Donations) from current and prior
periods, net of any dividends paid to shareholders
or members.

B27 Prior Years The cumulative value of (I27) Net Income (After 0 0 0 0
Taxes and Before Donations) from prior periods,
net of dividends paid to shareholders or
members.

B28 I27 Current Year The value of (I27) Net Income (After Taxes and 0 0 0 0
Before Donations) from the current fiscal year.

B29 Reserves Reserves such as those imposed by law, statute, 0 0 0 0


or Board decision.

B30 Other Equity Accounts Other equity accounts, including all revaluations 0 0 0 0
and adjustments. For MFIs required to use
inflation-based accounting, this account should be
used to offset the Net Inflation Expense. The MFI
should disclose any substantial item in this
account.

B31 Adjustments to Equity Adjustments to the balance sheet to account for 0 0 0 0


subsidized funds, in-kind subsidies, and inflation.
For more information on Adjustments to Equity,
see chapter 3.

B32 Total Equity Total value of all equity accounts. B22 + B23 + 0 0 0 0 0
B26 + B29 +
B30 + B31
Printed 01/30/2011 At 01:46:14 KASHF Page 28
File Name: 50510212.xls
Data Output Sheet - Unadjusted MONTHLY Values
FY96 FY96 FY97 M1 M2 M3 M4 M5 M6 M7 M8 M9 M10 M11 M12 M1 M2 M3 M4 M5 M6 M7 M8 M9 M10 M11 M12 M1 M2 M3 M4 M5 M6 M7 M8 M9 M10 M11 M12
Ref X-Ref Account Name Definition Calc Init Bals Dec-96 Dec-97 Jan-98 Feb-98 Mar-98 Apr-98 May-98 Jun-98 Jul-98 Aug-98 Sep-98 Oct-98 Nov-98 Dec-98 Jan-99 Feb-99 Mar-99 Apr-99 May-99 Jun-99 Jul-99 Aug-99 Sep-99 Oct-99 Nov-99 Dec-99 Jan-00 Feb-00 Mar-00 Apr-00 May-00 Jun-00 Jul-00 Aug-00 Sep-00 Oct-00 Nov-00 Dec-00
Portfolio Data

Portfolio Activity
P1 Number of Loans Disbursed (Period) The number of all loans disbursed during the 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
period. For MFIs using a group lending
methodology, the number of loans should refer to
the number of individuals receiving loans as part
of a group or as part of a group loan. If one
person receives more than one loan in the period,
count each loan.

P2 C9 C32 Value of Loans Disbursed (Period) The value of all loans disbursed in cash during 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
the period.
P3 Number of Loans Outstanding (EOP) The number of loans in the (B4) Gross Loan P11 + P13 + 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Portfolio. For MFIs using a group lending P15
methodology, the number of loans should refer to
the number of individuals receiving loans as part
of a group or as part of a group loan.

P4 B4 Value of Loans Outstanding (EOP) Same as the (B4) Gross Loan Portfolio. P12 + P14 + 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
P16

Movement in Impairment Loss Allowance


P5[0] B5[0] Impairment Loss Allowance, Beginning of Same as (B5) Impairment Loss Allowance. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Period
P5[1] B5[1] Impairment Loss Allowance, End of Period The same as (B5) Impairment Loss Allowance for 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
the End of the Period.

P6 Number of Loans Written Off (Period) The number of loans that have been recognized 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
as uncollectible for accounting purposes.

P7 Value of Loans Written Off (Period) The value of loans that have been recognized as P4[avg] * R10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
uncollectible for accounting purposes. A write-off
is an accounting procedure that removes the
outstanding balance of the loan from the (B4)
Gross Loan Portfolio and (B5) Impairment Loss
Allowance. Thus, the write-off does not affect the
(B3) Net Loan Portfolio, (B12) Total Assets, or
any equity account. If the Impairment Loss
Allowance is insufficient to cover the amount
written off, the excess amount will result in an
additional Impairment Losses on Loans.

P8 I14 Provision for Loan Impairment (Period) The same as (I14) Provision for Loan P5[1] - P5[0] + 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Impairment. This number is calculated by P7
subtracting the beginning (P5[0])Impairment Loss
Allowance from the required (P5[1]) Impairment
Loss Allowance and adding the (P7) Value of
Loans Written-off.

P9 Number of Loans in Recovery or The number of loans previously written off that 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
has been collected. This number includes loans
Recovered (Period) paid in full and loans on which partial collection
has been made in the past year.

P10 I15 Value of Loans Recovered (Period) Total value of principal recovered on all loans 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
previously written off. This number includes
partially recovered loans and those loans
recovered in full. These recoveries are booked as
part of (I15) Value of Loans Recovered

Portfolio Aging Schedule FY96 FY97 FY98 FY98 FY98 FY99 FY99 FY99 FY00 FY00 FY00
From To Aging Categories and Loss Allowance To the left, enter the portfolio aging ranges. The Loss Loss Loss Loss Loss Loss Loss Loss Loss Loss Loss
tool allows up to 10 ranges. To the right, enter
Rate the loss allowance rates for each portfolio aging
Allowance Allowance Allowance Allowance Allowance Allowance Allowance Allowance Allowance Allowance Allowance
range. You must enter rates in the first month Rate Rate Rate Rate Rate Rate Rate Rate Rate Rate Rate
column of each year of input.

0 0 Current Portfolio To the left, enter the last day of the portfolio aging
range. To the right, enter the corresponding loss
allowance rate in the first month of each year of
input.

0 0 Renegotiated portfolio <= days To the left, enter the last day of the portfolio aging
range. To the right, enter the corresponding loss
allowance rate in the first month of each year of
input.

> 1 Renegotiated portfolio > 1 days To the left, enter the last day of the portfolio aging
range. To the right, enter the corresponding loss
allowance rate in the first month of each year of
input.

Number of: 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
P11 Loans in Current Portfolio The number of loans outstanding that do not have 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
installments past due more than one day. This
number does not include renegotiated loans.

P15 Renegotiated loans <= days The number of loans outstanding that have been 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
either restructured to modify the original loan
terms and repayment schedule or refinanced
through the disbursement of subsequent loans to
replace or pay off the original loans.

P15 Renegotiated loans > 1 days see P15 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0


P13 Number of Loans at Risk greater than 0 days Enter a figure for number of days in the left-hand 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
column that matches one of the aging categories
above. This row will then total up the entire
portfolio at risk greater than that number of days.

P13 Number of Loans at Risk greater than 0 days Enter a figure for number of days in the left-hand 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
column that matches one of the aging categories
above. This row will then total up the entire
portfolio at risk greater than that number of days.

Value of Portfolio: 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
P12 Loans in Current Portfolio The outstanding value of loans that have no 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
installments past due. This item includes no
accrued interest on the loans.

P16 Renegotiated portfolio <= days The principal balance of all current and past-due 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
loans that have been either restructured to modify
the original loan terms and repayment schedule
or refinanced through the disbursement of
subsequent loans to replace or pay off the unpaid
original loans.

P16 Renegotiated portfolio > 1 days see P16 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0


P14 Total Portfolio at Risk greater than 0 days Enter a figure for number of days in the left-hand 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
column that matches one of the aging categories
above. This row will then total up the entire
portfolio at risk greater than that number of days.

P14 Total Portfolio at Risk greater than 0 days Enter a figure for number of days in the left-hand 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
column that matches one of the aging categories
above. This row will then total up the entire
portfolio at risk greater than that number of days.

Impairment Loss Allowance: Same as (B5) Impairment Loss Allowance. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0


Current Portfolio See B5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Renegotiated loans <= days See B5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Renegotiated loans > 1 days See B5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Adjustment Method

Adjustment Method Chosen True Performance Adjustments help reverse


accounting policies that can present a distored
picture of the MFI's performance. Some MFIs
also operate with subsidies that may not be
available in the long run. True performance
adjustments can help simulate an MFI's
performance under conditions similar to those of a
commercially funded operation.

Benchmarking Adjustments create minimum


standards for recognizing and managing credit,
country, and operational risk in financial reporting.
These adjustments enable managers and outside
analysts to compare or benchmark an MFI's
performance with other MFIs.

Summary of Adjustments

Subsidies
A1 Adjustment for Subsidized Cost of The difference between an MFI's financial
expense and the financial expense it would pay if
Funds all its funding liabilities were priced at market
rates.

A2 Adjustment for In-Kind Subsidy The difference between what the MFI is actually
paying for a donated or subsidized good or
service and what it would have to pay for the
same good or service on the open market.
Donors often give MFIs funds and also goods and
services at no cost or at below-market cost.
Common examples of these in-kind subsidies are
computers, consulting services, free office space,
and free services of a manager.
Printed 01/30/2011 At 01:46:15 KASHF Page 30
File Name: 50510212.xls
Data Output Sheet- ADJUSTED
FY00 M3 M6 M9 M12
Ref X-Ref Account Name Definition Calc Init Bals Mar-00 Jun-00 Sep-00 Dec-00
Portfolio Data

Portfolio Activity
P1 Number of Loans Disbursed (YTD) The number of all loans disbursed during the 0 0 0 0
period. For MFIs using a group lending
methodology, the number of loans should refer to
the number of individuals receiving loans as part
of a group or as part of a group loan. If one
person receives more than one loan in the period,
count each loan.

P2 C9 C32 Value of Loans Disbursed (YTD) The value of all loans disbursed in cash during 0 0 0 0
the period.
P3adj Number of Loans Outstanding (EOP) The number of loans in the (B4) Gross Loan P11 + P13 + 0 0 0 0
Portfolio. For MFIs using a group lending P15 - A5.2
(adjusted) methodology, the number of loans should refer to
the number of individuals receiving loans as part
of a group or as part of a group loan.

A5.2 Adjustment for Write-offs The adjustment is intended to identify loans on an 0 0 0 0


MFI's books that, by any reasonable standard,
should be written off. This adjustment can
significantly reduce the value of an MFI's assets if
persistent delinquent loans are not counted as
part of the gross loan portfolio.

P4 B4 Value of Loans Outstanding (EOP) Same as the (B4) Gross Loan Portfolio. P12 + P14 + 0 0 0 0
P16

Movement in Impairment Loss Allowance


P5[0] B5[0] Impairment Loss Allowance, Beginning of Same as (B5) Impairment Loss Allowance. 0 0 0 0
Period
P5[1] B5[1] Impairment Loss Allowance, End of Period The same as (B5) Impairment Loss Allowance for 0 0 0 0 0
the End of the Period.

P6adj Number of Loans Written Off (YTD) The number of loans that have been recognized P6 + A5.2 0 0 0 0
as uncollectible for accounting purposes.
(adjusted)
A5.2 Adjustment for Write-offs The adjustment is intended to identify loans on an 0 0 0 0
MFI's books that, by any reasonable standard,
should be written off. This adjustment can
significantly reduce the value of an MFI's assets if
persistent delinquent loans are not counted as
part of the gross loan portfolio.

P7 Value of Loans Written Off (YTD) The value of loans that have been recognized as P4[avg] * R10 0 0 0 0
uncollectible for accounting purposes. A write-off
is an accounting procedure that removes the
outstanding balance of the loan from the (B4)
Gross Loan Portfolio and (B5) Impairment Loss
Allowance. Thus, the write-off does not affect the
(B3) Net Loan Portfolio, (B12) Total Assets, or
any equity account. If the Impairment Loss
Allowance is insufficient to cover the amount
written off, the excess amount will result in an
additional Impairment Losses on Loans.

0 0 0 0
P8 I14 Provision for Loan Impairment (YTD) The same as (I14) Provision for Loan P5[1] - P5[0] + 0 0 0 0
Impairment. This number is calculated by P7
subtracting the beginning (P5[0])Impairment Loss
Allowance from the required (P5[1]) Impairment
Loss Allowance and adding the (P7) Value of
Loans Written-off.

P9 Number of Loans in Recovery or The number of loans previously written off that 0 0 0 0
has been collected. This number includes loans
Recovered (YTD) paid in full and loans on which partial collection
has been made in the past year.

P10 I15 Value of Loans Recovered (YTD) Total value of principal recovered on all loans 0 0 0 0
previously written off. This number includes
partially recovered loans and those loans
recovered in full. These recoveries are booked as
part of (I15) Value of Loans Recovered

Portfolio Aging Schedule FY00 FY00


Aging Categories and Loss Allowance To the left, enter the portfolio aging ranges. The Loss Loss
tool allows up to 10 ranges. To the right, enter
Rate the loss allowance rates for each portfolio aging
Allowance Allowance
range. You must enter rates in the first month Rate Rate
column of each year of input.

From To
0 0 Current Portfolio To the left, enter the last day of the portfolio aging
range. To the right, enter the corresponding loss
allowance rate in the first month of each year of
input.

0 0 Renegotiated portfolio <= days To the left, enter the last day of the portfolio aging
range. To the right, enter the corresponding loss
allowance rate in the first month of each year of
input.

> 1 Renegotiated portfolio > 1 days To the left, enter the last day of the portfolio aging
range. To the right, enter the corresponding loss
allowance rate in the first month of each year of
input.

Number of: 0 0 0 0
P11 Loans in Current Portfolio The number of loans outstanding that do not have 0 0 0 0
installments past due more than one day. This
number does not include renegotiated loans.

P15 Renegotiated loans <= days The number of loans outstanding that have been 0 0 0 0
either restructured to modify the original loan
terms and repayment schedule or refinanced
through the disbursement of subsequent loans to
replace or pay off the original loans.

P15 Renegotiated loans > 1 days see P15 0 0 0 0


Value of Portfolio: 0 0 0 0
P12 Loans in Current Portfolio The outstanding value of loans that have no 0 0 0 0
installments past due. This item includes no
accrued interest on the loans.

P16 Renegotiated portfolio <= days The principal balance of all current and past-due 0 0 0 0
loans that have been either restructured to modify
the original loan terms and repayment schedule
or refinanced through the disbursement of
subsequent loans to replace or pay off the unpaid
original loans.

P16 Renegotiated portfolio > 1 days see P16 0 0 0 0


Impairment Loss Allowance: Same as (B5) Impairment Loss Allowance. 0 0 0 0
Current Portfolio See B5 0 0 0 0
Renegotiated loans <= days See B5 0 0 0 0
Renegotiated loans > 1 days See B5 0 0 0 0
Printed 01/30/2011 At 01:46:15 KASHF Page 31
File Name: 50510212.xls
Financial Reports - UNADJUSTED

Our MFI (Enter name on SETUP)


Balance Sheet for 31-Jan-2000
All figures are inLocal Currency

Values as of: Values as of:


Ref X-Ref Account Name 31-Jan-2000 31-Jan-1999
Assets
B1 C26 C50 Cash and Due from Banks 0 0
B2 Trade Investments 0 0
B3 Net Loan Portfolio 0 0
B4 P4 Gross Loan Portfolio 0 0
B5 P5 Impairment Loss Allowance 0 0
B6 Interest Receivable on Loan Portfolio 0 0
B7 Accounts Receivable and Other Assets 0 0
B8 Other (Long-term) Investments 0 0
B9 Net Fixed Assets 0 0
B10 Fixed Assets 0 0
B11 Accumulated Depreciation and Amortization 0 0

B12 Total Assets 0 0


Liabilities
B13 Demand Deposits 0 0
B14 Short-term Time Deposits 0 0
B15 Short-term Borrowings 0 0
B16 Interest Payable on Funding Liabilities 0 0
B17 Accounts Payable and Other Short-term 0 0
Liabilities
B18 Long-term Time Deposits 0 0
B19 Long-term Borrowings 0 0
B20 Other Long-term Liabilities 0 0
B21 Total Liabilities 0 0
Equity
B22 Paid-In Capital 0 0
B23 Donated Equity 0 0
B24 Prior Years 0 0
B25 I28 C44* Current Year 0 0
B26 Retained Earnings 0 0
B27 Prior Years 0 0
B28 I27 Current Year 0 0
B29 Reserves 0 0
B30 Other Equity Accounts 0 0
B31 Adjustments to Equity 0 0
B32 Total Equity 0 0
Printed 01/30/2011 At 01:46:15 Micro MFI Page 32
File Name: 50510212.xls
Our MFI (Enter name on SETUP)
Income Statement for 01-Jan-2000 to 31-Jan-2000
All figures are in [not in use]
Adjustment Method Chosen: Benchmarking
Adjusted Current
Ref X-Ref Account Name Current Period Adjustments
Period
I1 Financial Revenue 0 0
I2 Financial Revenue from Loan Portfolio 0 0
I3 Interest on Loan Portfolio 0 0
I4 Fees and Commissions on Loan Portfolio 0 0
I5 Financial Revenue from Investments 0 0
I6 Other Operating Revenue 0 0
I7 Financial Expense 0 0 0
I8 A1 Financial Expense on Funding Liabilities 0 0 0
I9 Interest and Fee Expense on Deposits 0 0
I10 Interest and Fee Expense on Borrowings 0 0
I11 A3 Other Financial Expense 0 0 0
I12 Net Financial Income 0 0
I13 Impairment Losses on Loans 0 0 0
I14 A4 Provision for Loan Impairment 0 0 0
I15 Value of Loans Recovered 0 0
I16 Operating Expense 0 0 0
I17adj A2.1 Personnel Expense 0 0 0
I18adj Administrative Expense 0 0 0
I19 A2.3 Depreciation and Amortization Expense 0 0 0
I20 A2.2 Other Administrative Expense 0 0 0
I21 Net Operating Income 0 0
I22 Net Non-Operating Income/(Expense) 0 0

I23 Non-Operating Revenue 0 0


I24 Non-Operating Expense 0 0
I25 Net Income (Before Taxes and 0 0
Donations)
I26 Taxes 0 0
I27 Net Income (After Taxes and Before 0 0
Donations)
I28 Donations 0 0
I29 Donations for Loan Capital 0 0
I30 Donations for Operating Expenses 0 0
Printed 01/30/2011 At 01:46:15 KASHF Page 33
File Name: 50510212.xls
Ratios Sheet M3 M6 M9 M12
Ref Account Name Definition Formula Calc Mar-00 Jun-00 Sep-00 Dec-00
Sustainability and Profitability
R1 Operational Self-Sufficiency (OSS) Measures how well an MFI can cover its costs N/A N/A N/A N/A
through operating revenues. (Note that any
taxes paid are excluded from this ratio.)
Financial Revenue I1
(Financial Expense + Impairment Losses on (I7+I13+I16)
Loans + Operating Expense)

R2 Return on Assets (ROA)* Measures how well the MFI uses its assets to N/A N/A N/A N/A
generate returns. This ratio is net of taxes and
excludes non-operating items and donations.

Net Operating Income - Taxes (I21-I26)


Average Assets B12avg

R3 Return on Equity (ROE)* Calculates the rate of return on the Average N/A N/A N/A N/A
Equity for the period. Because the numerator
does not include non-operating items or
donations and is net of taxes, the ratio is
frequently used as a proxy for commercial
viability.
Net Operating Income - Taxes (I21-I26)
Average Equity B32[avg]

Asset/Liability Management
R4 Yield on Gross Portfolio* Indicates the MFI's ability to generate cash from N/A N/A N/A N/A
interest, fees, and commissions on the Gross
Loan Portfolio. It does not include any revenues
that have been accrued but not paid in cash.

The data comes from the Direct Cash Flow. If


that Cash Flow is not used, then the figure is
drawn from the Income Statement.

Cash Received from Interest, Fees and


Commissions on Loan Portfolio C1* (or I2)
Average Gross Loan Portfolio B4[avg]

R5 Portfolio to Assets Measures the MFI's allocation of assets to its N/A N/A N/A N/A
lending activity. Indicates management's ability
to allocate resources to the MFI's primary and
most profitable activity, namely making
microloans.
Gross Loan Portfolio B4
Assets B12

R6 Cost of Funds Ratio* Calculates a blended interest rate for all of the N/A N/A N/A N/A
MFI's funding liabilities. Financial Expenses on Funding Liabilities I8
(Average Deposits + Average Borrowings) (B13avg+B14avg+
B15avg+B18avg+
B19avg

R7 Debt to Equity Measures the overall leverage of an institution N/A N/A N/A N/A
and how much cushion it has to absorb losses
after all liabilities are paid.
Liabilities B21
Equity B32

R8 Liquid Ratio Indicates the degree to which the MFI maintains N/A N/A N/A N/A
cash and cash equivalents to cover short-term
liabilities. Short-term means assets or liabilities
or any portion thereof that have a due date,
maturity date, or may be readily converted to
cash within 12 months.

Cash +Trade Investments B1+B2


(Demand Deposits+Short-term Time (B13+B14+
Deposits+Short-term Borrowings+Interest B15+B16+B17)
Payable on Funding Liabilities +Accounts
Payable and Other Short-term Liabilities

Portfolio Quality
R9 Portfolio at Risk (PAR) Ratio The most accepted measure of portfolio quality. N/A N/A N/A N/A
The most common international measurements
of PAR are > 30 days and > 90 days.
PAR > 30 Days +Value of Renegotiated P14 > 30 Days +
Loans P16
Gross Loan Portfolio B4

R10 Write-off Ratio* Represents the percentage of the MFI's loans N/A N/A N/A N/A
that has been removed from the balance of the
gross loan portfolio because they are unlikely to
be repaid. MFIs' write-off policies vary and it is
recommended that managers calculate this ratio
on an adjusted basis.

Value of Loans Written-off P7


Average Gross Loan Portfolio B4[avg]

R11 Risk Coverage Ratio Shows how much of the portfolio at risk is N/A N/A N/A N/A
covered by the MFI's Impairment Loss
Allowance.
Impairment Loss Allowance -B5
Portfolio at Risk > 30 days + Value of P14 > 30 Days +
Renegotiated Loans P16

Efficiency and Productivity


R12 Operating Expense Ratio* Highlights personnel and administrative N/A N/A N/A N/A
expenses relative to the loan portfolio, and is
the most commonly used efficiency indicator.

Operating Expense I16


Average Gross Loan Portfolio B4[avg]

R13 Cost per Active Client* Provides a meaningful measure of efficiency for N/A N/A N/A N/A
an MFI, allowing it to determine the average
cost of maintaining an active client.

Operating Expense I16


Average Number of Active Clients N1[avg]

R14 Borrowers per Loan Officer Measures the average caseload of each loan N/A N/A N/A N/A
officer, or average number of borrowers
managed by one loan officer.
Number of Active Borrowers N3
Number of Loan Officers N8

R15 Active Clients per Staff Member Defined as the overall productivity of the MFI's N/A N/A N/A N/A
personnel in terms of managing clients,
including borrowers, voluntary savers, and other
clients.
Number of Active Clients N1
Total Number of Personnel N7

R16 Client Turnover* Measures the percentage of clients who were at N/A N/A N/A N/A
some time during the period accessing financial
services but are no longer doing so. Generally Number of Active Clients, Beginning of
MFIs try to maintain a low client turnover Period + Number of New Clients During
percentage. Period - Number of Active Clients, End of
Period N10+N2-N11
Average Number of Active Clients N1[avg]

R17 Average Outstanding Loan Size Measures the average outstanding loan balance N/A N/A N/A N/A
per borrower. This is a driver of profitability and
also a measure of how much of each loan is
available to clients.
Gross Loan Portfolio B4
Number of Loans Outstanding P3

R18 Average Loan Disbursed Measures the average value of each loan N/A N/A N/A N/A
disbursed. This is frequently used to project
disbursements. Both this and the previous are
often compared to (N12) GNI Per Capita.

Value of Loans Disbursed P2


Number of Loans Disbursed P1

User-defined Ratios
Note: User-defined data has been disabled on the SETUP Sheet
*If the period is less than 12 months, ratio is annualized
Printed 01/30/2011 At 01:46:15 KASHF Page 34
File Name: 50510212.xls
Ratios Sheet -- MONTHLY Values stock/ M3 M6 M9 M12 M3 M6 M9 M12 M3 M6 M9 M12
Ref Account Name flow Mar-98 Jun-98 Sep-98 Dec-98 Mar-99 Jun-99 Sep-99 Dec-99 Mar-00 Jun-00 Sep-00 Dec-00
Sustainability and Profitability
R1 Operational Self-Sufficiency (OSS) s N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
R2 Return on Assets (ROA)* s N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
R3 Return on Equity (ROE)* s N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Asset/Liability Management
R4 Yield on Gross Portfolio* s N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
R5 Portfolio to Assets s N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
R6 Cost of Funds Ratio* s N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
R7 Debt to Equity s N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
R8 Liquid Ratio s N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Portfolio Quality
R9 Portfolio at Risk (PAR) Ratio s N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
R10 Write-off Ratio* s N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
R11 Risk Coverage Ratio s N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Efficiency and Productivity
R12 Operating Expense Ratio* s N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
R13 Cost per Active Client* s N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
R14 Borrowers per Loan Officer s N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
R15 Active Clients per Staff Member s N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
R16 Client Turnover* s N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
R17 Average Outstanding Loan Size s N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
R18 Average Loan Disbursed f N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
User-defined Ratios
Note: User-defined data has been disabled on the SETUP Sheet
*If the period is less than 12 months, ratio is annualized
Printed 01/30/2011 At 01:46:15 Micro MFI Page 35
File Name: 50510212.xls
Number of Personnel
Reporting Period Figures
1.00
0.90

0.80

0.70
0.60

0.50

0.40

0.30

0.20
0.10

0.00
5

6
-9

-9
ec

ec
Actual Projected
D

D
Printed 01/30/2011 At 01:46:16 LA FONDATION ALKARAMA MC Page 36
File Name: 50510212.xls
Monthly Management Report
Current Year-to- % As of Annualized Trend
Plan for YTD
Monthly

✘ Management Report

Our MFI (Enter name on SETUP)


Report for 31-Mar-2000
All figures are in Local Currency
% Achieved Trend Analysis
Current Year-to- % As of Annualized Trend
Plan for YTD
Ref Title Period Date Achieved Last Yr (YTD) (YTD)
Outreach
P1 Number of Loans Disbursed (YTD) 0 0 0 0
P2 Value of Loans Disbursed (YTD) 0 0 0 0
N3 Number of Active Borrowers N/A 0 0 0
N4 Number of Voluntary Depositors N/A 0 0 0

Profitability
I1 Financial Revenue 0 0 0 0
I21 Net Operating Income 0 0 0 0

Portfolio Quality
P14 Total Portfolio at Risk greater than 0 days N/A 0 0 0

P13 Number of Loans at Risk greater than 0 N/A 0 0 0


days
R9 Portfolio at Risk (PAR) Ratio N/A N/A N/A N/A N/A
R10 Write-off Ratio* N/A N/A N/A N/A N/A

Asset/Liability Management
B4 Gross Loan Portfolio N/A 0 0 0
R4 Yield on Gross Portfolio* N/A N/A N/A N/A N/A
Total Deposits #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Liquidity
B1 Cash and Due from Banks N/A 0 0 0
C23 Net Change in Cash and Due from Banks 0 0 0 0

R8 Liquid Ratio N/A N/A N/A N/A N/A

Efficiency and Productivity


I16 Operating Expense 0 0 0 0
R12 Operating Expense Ratio* N/A N/A N/A N/A N/A
R17 Average Outstanding Loan Size N/A N/A N/A N/A N/A

Note: An "NA" figure in the "Current Period" column means the value cannot be calculated because it is a "stock" figure rather than a "flow" figure
Printed 01/30/2011 At 01:46:16 Page 37
File Name: 50510212.xls
Our MFI (Enter name on SETUP)
Income Statement for 01-Jan-2000 to 31-Jan-2000
All figures are in NOTE: Analytical Adjustments have NOT been enabled in this to
Year-To- YTD
Current Qtr Date (Adjusted) As % of I1
From / To From / To From / To (Financial
1-Nov-99 1-Jan-00 1-Jan-00 Revenue)
Ref X-Ref Account Name 31-Jan-00 31-Jan-00 31-Jan-00
I1 Financial Revenue 0 0 0 N/A
I2 C1* Financial Revenue from Loan Portfolio 0 0 0 N/A
I3 Interest on Loan Portfolio 0 0 0 N/A
I4 Fees and Commissions on Loan Portfolio 0 0 0 N/A
I5 C2* Financial Revenue from Investments 0 0 0 N/A
I6 C3* Other Operating Revenue 0 0 0 N/A
I7 Financial Expense 0 0 0 N/A
I8 C5* Financial Expense on Funding Liabilities 0 0 0 N/A

I9 Interest and Fee Expense on Deposits 0 0 0 N/A


I10 Interest and Fee Expense on Borrowings 0 0 0 N/A
I11 C6* Other Financial Expense 0 0 0 N/A
I12 Net Financial Income 0 0 0 N/A
I13 C29 Impairment Losses on Loans 0 0 0 N/A
I14 P8 Provision for Loan Impairment 0 0 0 N/A
I15 P10 Value of Loans Recovered 0 0 0 N/A
I16 C7 Operating Expense 0 0 0 N/A
I17 Personnel Expense 0 0 0 N/A
I18 Administrative Expense 0 0 0 N/A
I19 C28 Depreciation and Amortization Expense 0 0 0 N/A
I20 Other Administrative Expense 0 0 0 N/A
I21 Net Operating Income 0 0 0 N/A
I22 C22* C46 Net Non-Operating Income/ 0 0 0 N/A
(Expense)
I23 Non-Operating Revenue 0 0 0 N/A
I24 Non-Operating Expense 0 0 0 N/A
I25 C27 Net Income (Before Taxes and 0 0 0 N/A
Donations)
I26 C8* C30* Taxes 0 0 0 N/A
I27 B28 Net Income (After Taxes and Before 0 0 0 N/A
Donations)
I28 B25 C44* Donations 0 0 0 N/A
I29 Donations for Loan Capital 0 0 0 N/A
I30 Donations for Operating Expenses 0 0 0 N/A
I31 Net Income (After Taxes and 0 0 0 N/A
Donations)
Printed 01/30/2011 At 01:46:16 LA FONDATION ALKARAMA MC Page 38
File Name: 50510212.xls
Quarterly Management Report
Year-to- % Target Variance As of Annualized Trend Bench-
Plan for YTD
✘ Quarterly Management
Report

Our MFI (Enter name on SETUP)


Report for 31-May-2000
All figures are in Local Currency
% Achieved YTD Variance Trend Analysis
Year-to- % Target Variance As of Annualized Trend Bench-
Plan for YTD
Ref Title Date Achieved (YTD) (YTD) Last Yr (YTD) (YTD) mark
Outreach and Activity
N1 Number of Active Clients 0 0 0 0
N3 Number of Active Borrowers 0 0 0 0
N5 Number of Deposit Accounts 0 0 0 0
P1 Number of Loans Disbursed (YTD) 0 0 0 0
P2 Value of Loans Disbursed (YTD) 0 0 0 0
N7 Number of Personnel 0 0 0 0
N8 Number of Loan Officers 0 0 0 0

Profitability
I1 Financial Revenue 0 0 0 0
I21 Net Operating Income 0 0 0 0
R1 Operational Self-Sufficiency (OSS) N/A N/A N/A N/A
R1ADJ Financial Self-Sufficiency (FSS) N/A N/A N/A N/A
R2 Return on Assets (ROA)* N/A N/A N/A N/A
R2ADJ Adjusted Return on Assets (AROA)* N/A N/A N/A N/A
R3 Return on Equity (ROE)* N/A N/A N/A N/A
R3ADJ Adjusted Return on Equity (AROE)* N/A N/A N/A N/A

Portfolio Quality
I13 Impairment Losses on Loans 0 0 0 0
R10 Write-off Ratio* N/A N/A N/A N/A
R10ADJ Adjusted Write-off Ratio* N/A N/A N/A N/A
R11 Risk Coverage Ratio N/A N/A N/A N/A
R11ADJ Adjusted Risk Coverage Ratio N/A N/A N/A N/A

Asset/Liability Management
B4 Gross Loan Portfolio 0 0 0 0
R5 Portfolio to Assets N/A N/A N/A N/A
Total Deposits #VALUE! #VALUE! #VALUE! #VALUE!
R4 Yield on Gross Portfolio* N/A N/A N/A N/A
R6 Cost of Funds Ratio* N/A N/A N/A N/A
R6ADJ Adjusted Cost of Funds* N/A N/A N/A N/A
R7 Debt to Equity N/A N/A N/A N/A
R7ADJ Adjusted Debt to Equity N/A N/A N/A N/A

Liquidity
B1 Cash and Due from Banks 0 0 0 0
C23 Net Change in Cash and Due from Banks 0 0 0 0

R8 Liquid Ratio N/A N/A N/A N/A


R13 Cost per Active Client* N/A N/A N/A N/A

Efficiency and Productivity


I16 Operating Expense 0 0 0 0.0%
R12 Operating Expense Ratio* N/A N/A N/A N/A
R12ADJ Adjusted Operating Expense Ratio* N/A N/A N/A N/A
R13 Cost per Active Client* N/A N/A N/A N/A
R13ADJ Adjusted Cost per Active Client* N/A N/A N/A N/A
R14 Borrowers per Loan Officer N/A N/A N/A N/A
R15 Active Clients per Staff Member N/A N/A N/A N/A
R16 Client Turnover* N/A N/A N/A N/A
R17 Average Outstanding Loan Size N/A N/A N/A N/A
R18 Average Loan Disbursed N/A N/A N/A N/A
Printed 01/30/2011 At 01:46:16 LA FONDATION ALKARAMA MC Page 39
File Name: 50510212.xls
Board Report
Current Year-to- % Target Variance As of Annualized Trend Bench-
Plan for YTD
✘ Board Report

Our MFI (Enter name on SETUP)


Report for 31-Jul-2000
All figures are in Local Currency
% Achieved YTD Variance Trend Analysis
Current Year-to- % Target Variance As of Annualized Trend Bench-
Plan for YTD
Ref Title Period Date Achieved (YTD) (YTD) Last Yr (YTD) (YTD) mark
Outreach and Activity
N1 Number of Active Clients N/A 0 0 0 0

Profitability
I21 Net Operating Income 0 0 0 0 0
R1 Operational Self-Sufficiency (OSS) N/A N/A N/A N/A N/A
R1ADJ Financial Self-Sufficiency (FSS) N/A N/A N/A N/A N/A
R2 Return on Assets (ROA)* N/A N/A N/A N/A N/A
R2ADJ Adjusted Return on Assets (AROA)* N/A N/A N/A N/A N/A

Portfolio Quality
R9 Portfolio at Risk (PAR) Ratio N/A N/A N/A N/A N/A
R9ADJ Adjusted PAR Ratio N/A N/A N/A N/A N/A
R10 Write-off Ratio* N/A N/A N/A N/A N/A
R10ADJ Adjusted Write-off Ratio* N/A N/A N/A N/A N/A

Asset/Liability Management
B4 Gross Loan Portfolio N/A 0 0 0 0
R7 Debt to Equity N/A N/A N/A N/A N/A

Efficiency and Productivity


R12 Operating Expense Ratio* N/A N/A N/A N/A N/A
R12a Personnel Expense Ratio* N/A N/A N/A N/A N/A
R12ADJ Adjusted Operating Expense Ratio* N/A N/A N/A N/A N/A
R17 Average Outstanding Loan Size N/A N/A N/A N/A N/A
R17ADJ Adjusted Average Outstanding Loan Size N/A N/A N/A N/A N/A

Note: An "NA" figure in the "Current Period" column means the value cannot be calculated because it is a "stock" figure rather than a "flow" figure
Printed 01/30/2011 At 01:46:16 LA FONDATION ALKARAMA MC Page 40
File Name: 50510212.xls
Donor Report
Current Year-to-
✘ Donor Report

Our MFI (Enter name on SETUP)


Report for 31-May-2000
All figures are in Local Currency

Current Year-to-
Ref Title Period Date
Economic Information
N11 Exchange Rate (You must first identify the N/A 0
currency on the SETUP sheet)
N12 GNI per capita N/A 0

Outreach
N1 Number of Active Clients N/A 0
R17 Average Outstanding Loan Size N/A N/A
Average Outstanding Loan Size () N/A N/A
Average Outstanding Loan Size / GNI per N/A N/A
capita

Portfolio Quality
R9 Portfolio at Risk (PAR) Ratio N/A N/A
R10 Write-off Ratio* N/A N/A

Profitability
R1 Operational Self-Sufficiency (OSS) N/A N/A
R2 Return on Assets (ROA)* N/A N/A
R3 Return on Equity (ROE)* N/A N/A

Efficiency
R12 Operating Expense Ratio* N/A N/A
R13 Cost per Active Client* N/A N/A

Note: An "NA" figure in the "Current Period" column means the value can
Printed 01/30/2011 At 01:46:16 KASHF Page 41
File Name: 50510212.xls
Ratios Variance Analysis
Period: 12 months 12 months
Start Date: 1-Jan-2000 1-Jan-2000 Variance Variance
End Date: 31-Dec-2000 31-Dec-2000 % Actual
Ref X-Ref Account Name Actual Actual
Quarterly Data
R1 Operational Self-Sufficiency (OSS) N/A N/A N/A** N/A
R2 Return on Assets (ROA)* N/A N/A N/A** N/A
R3 Return on Equity (ROE)* N/A N/A N/A** N/A
Asset/Liability Management
R4 Yield on Gross Portfolio* N/A N/A N/A** N/A
R5 Portfolio to Assets N/A N/A N/A** N/A
R6 Cost of Funds Ratio* N/A N/A N/A** N/A
R7 Debt to Equity N/A N/A N/A** N/A
R8 Liquid Ratio N/A N/A N/A** N/A
Portfolio Quality
R9 Portfolio at Risk (PAR) Ratio N/A N/A N/A** N/A
R10 Write-off Ratio* N/A N/A N/A** N/A
R11 Risk Coverage Ratio N/A N/A N/A** N/A
Efficiency and Productivity
R12 Operating Expense Ratio* N/A N/A N/A** N/A
R13 Cost per Active Client* N/A N/A N/A N/A
R14 Borrowers per Loan Officer N/A N/A N/A N/A
R15 Active Clients per Staff Member N/A N/A N/A N/A
R16 Client Turnover* N/A N/A N/A** N/A
R17 Average Outstanding Loan Size N/A N/A N/A N/A
R18 Average Loan Disbursed N/A N/A N/A N/A
*If the period is less than 12 months, ratio is annualized
** NA symbols marked by an asterisk are not calculated because it is inappropriate to calculate variances as percentages of percentages.
References to Manual
This chart lists all the tables from the SEEP Manual and indicates if that information has been incorporated into this tool. If
so, you can use the hyperlink to jump to the relevant section of the tool.

Table Description
Chapter 2: Financial Statements and Reports
2.1 Sample Income Statement
2.2 Income Statement Detail

2.3 Sample Balance Sheet


2.4 Balance Sheet Detail

2.5 Classification of Cash Receipts and


Payments
2.6 Sample Direct Cash Flow Statement

2.7 Direct Cash Flow Statement Detail

2.8 Sample Indirect Cash Flow


Statement
2.9 Indirect Cash Flow Statement Detail

2.10 Sample Portfolio Report


2.11 Portfolio Report Detail

2.12 Sample Non-Financial Data Report

2.13 Non-Financial Data Report Detail

Chapter 3: Analytical Adjustments


3.1 Summary of Adjustments
3.2 Differences in Subsidized Cost of
Fund Adjustment Methodologies

3.3 Sample Subsidized Cost of Funds


Adjustment for Benchmarking

3.4 Differences in the In-Kind Subsidy


Adjustment Methodologies

3.5 Sample In-Kind Subsidy Adjustment


for Benchmarking
3.6 Differences in Inflation Adjustment
Methodologies
3.7 Inflation Adjustment
3.8 Differences in Impairment Loss
Allowance Adjustment
Methodologies
3.9 Adjustment for Impairment Loss
Allowance
3.10 Adjustment for Write-Offs for
Benchmarking
3.11 Summary of the Effects of
Adjustments
3.12 Adjusted Income Statement
3.13 Adjusted Balance Sheet
3.14 Sample Disclosure for Adjustments

Chapter 4: Financial Ratios and Indicators


4.1 Summary of 18 SEEP Ratios
4.2 Calculation of the SEEP 18

Chapter 5: Creating and Analyzing Performance Monitoring Reports


5.1 Sample Monthly Management
Report

5.2 Sample Quarterly Income


Statement with Revenue Analysis

5.3 Sample Quarterly Balance Sheet


with Asset Allocation Analysis

5.4 Sample Quarterly Management


Report

5.5 Sample Quarterly or Semi-Annual


Board Report

5.6 Sample CGAP Semi-Annual Donor,


Creditor, Investor Report

5.6 Sample Reporting Checklist


References to Manual
m the SEEP Manual and indicates if that information has been incorporated into this tool. If
o jump to the relevant section of the tool.

Included in Tool?
ts and Reports
Yes, major format incorporated on FinReports(Unadj)
Definitions appear in definitions column on DataInput,
Output(Unadj) and Output(Adj)
Yes, major format incorporated on FinReports(Unadj)
Definitions appear in definitions column on DataInput,
Output(Unadj) and Output(Adj)
No

Yes, major format incorporated on FinReports(Unadj)

Definitions appear in definitions column on DataInput,


Output(Unadj) and Output(Adj)
Yes, major format incorporated on FinReports(Unadj)

Definitions appear in definitions column on DataInput,


Output(Unadj) and Output(Adj)
Yes, major format incorporated on FinReports(Unadj)
Definitions appear in definitions column on DataInput,
Output(Unadj) and Output(Adj)
Yes, major format incorporated on FinReports(Unadj)

Definitions appear in definitions column on DataInput,


Output(Unadj) and Output(Adj)

ents
Yes, at the top of the AdjInput sheet
No

Yes, included as a calculation section on the AdjInput sheet

No

Yes, included as a calculation section on the AdjInput sheet


No

Yes, included as a calculation section on the AdjInput sheet


No

Yes, included as a calculation section on the AdjInput sheet

Yes, included as a calculation section on the AdjInput sheet

No

Yes, a major format on FinReports(Adj)


Yes, a major format on FinReports(Adj)
No

d Indicators
Yes, a major format on Ratios
Yes, a major format on Ratios

zing Performance Monitoring Reports


Yes, a major format. The content of this report may be
customized by the user. The sheet may also be replicated to
create additional customized reports.
Yes, a major format

Yes, a major format

Yes, a major format. The content of this report may be


customized by the user. The sheet may also be replicated to
create additional customized reports.
Yes, a major format. The content of this report may be
customized by the user. The sheet may also be replicated to
create additional customized reports.
Yes, a major format. The content of this report may be
customized by the user. The sheet may also be replicated to
create additional customized reports.
No
User-Defined Sheet
This sheet is completely unprotected and you may use it as
you would any worksheet in Excel. You may create your
own reports by making formulas that reference information
elsewhere in this tool. You may use the buttons on the
toolbar to add more user sheets, rename user sheets, or
delete user sheets.