BRH audited financial statements, fiscal year ended 30 September 2006
- Net deficit of HTG 1,438.7 million for the year ended September 30, 2006, compared with HTG 572.2 million in 2005.
- Total assets of HTG 49.6 billion, up from HTG 46.1 billion.
- Auditors qualified the opinion because the accounts of the subsidiary Téléco are not consolidated.
- The operating result was a loss of HTG 374.2 million after a HTG 403.7 million write-down on the Socabank placement.
- Interest and financial charges rose to HTG 1,135.2 million from HTG 354.1 million.
This 30-page document holds the balance sheets, income statements, statements of changes in capital and reserves, cash flows and notes of the Banque de la République d'Haïti at September 30, 2006 and 2005, in thousands of gourdes. The auditors, F. Mérové-Pierre, give an opinion dated January 29, 2007, qualified because the accounts of the subsidiary Téléco are not consolidated. Total assets were HTG 49.6 billion, compared with HTG 46.1 billion a year earlier, and notes and coin in circulation were HTG 13.5 billion. Operating revenue was HTG 1,395.6 million and operating expenses HTG 1,769.9 million, including HTG 403.7 million for the reduced value of the Socabank placement. The net deficit was HTG 1,438.7 million, compared with HTG 572.2 million in 2005.
How to cite
Bank of the Republic of Haiti (BRH), 2007, BRH audited financial statements, fiscal year ended 30 September 2006, https://www.brh.ht/wp-content/uploads/Rapport-des-auditeurs-independants-2006.pdf