CAPITA FINANCIAL SERVICES INC. (ST. LUCIA BRANCH) Statement of Profit or Loss and Other Comprehensive Income or Loss For the year ended March 31, 2024 (expressed in Eastern Caribbean dollars) 6 Notes 2024 $ (Restated) 2023 $ Interest income 14 2,232,566 2,325,859 Interest expense 15 (1,131,454) (1,142,135) Net interest income 1,101,112 1,183,724 Other income 16 466,310 594,474 Net interest and other income 1,567,422 1,778,198 Operating expenses Salaries and other staff costs 17 416,553 381,898 Expected credit loss expense/(recovery) 18 250,888 (12,602) Other operating expenses 19 737,216 1,075,313 Depreciation 7 167,008 312,282 Total operating expenses 1,571,665 1,756,891 (Loss)/profit before taxation (4,243) 21,307 Taxation charge 11 – – (Loss)/profit for the year, being total comprehensive (loss)/income for the year (4,243) 21,307 See accompanying notes to the financial statements.
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