Alliance Investment Management is committed to providing transparency and scrutiny in its operations. We are therefore pleased to provide summaries of our audited Financial Statements.
 2009 - 2010 Financial Statement
COMPANY BALANCE SHEET
As at September 30, 2010
2010 2009
(000's) (000's)
Assets
Cash and cash equivalents 250,628 626,884
Accounts receivable
& prepaid expenses 245,146 317,917
Resale agreements 861,537 567,553
Investments 3,364,038 3,654,658
Loans receivable 1,625,105 1,697,858
Other assets 11,974 16,647
Income tax recoverable 71,229 28,207
Owed by related company 41,412 39,791
Property, plant and equipment 10,566 14,817
Investment in business venture 607 607
Interest in subsidiary 151,809 13,406
6,634,051 6,978,345
Liabilities & Shareholders' Equity
Liabilities:
Accounts payable
& accrued charges 130,736 357,240
Notes payable 1,054,642 970,592
Repurchase agreements 5,088,498 5,402,237
Current income tax 0 11,732
Deferred income tax 37,877 36,684
Shareholders' equity: 322,298 199,860
6,634,051 6,978,345
COMPANY INCOME STATEMENT
For year ended September 30, 2010
Operating Revenue:
Interest 630,777 776,155
Foreign currency and
other trading income 69,531 125,546
Total income 700,308 901,701
Less Expenses:
Interest (518,360) (691,813)
Operating expenses (145,416) (166,212)
Total Expenses (663,776) (858,025)
Operating profit 36,532 43,676
Other Income 37,990 84,095
Profit before Income tax 74,522 127,771
Income Tax 10,633 42,133
Net Profit 63,889 85,638
2010 2009*
Return on Equity (%) 19.82% 42.85%
Total Assets (000's) 6,634,051 6,978,345
Profit after Tax (000's) 63,889 85,638
2008 - 2009 Financial Statement
COMPANY BALANCE SHEET
As at September 30, 2009
2009 2008*
(000's) (000's)
Assets
Cash and cash equivalents 626,884 399,683
Accounts receivable
& prepaid expenses 626,884 399,683
Resale agreements 567,553 525,611
Investments 5,352,516 4,534,830
Other assets 57,045 51,509
Income tax recoverable 28,207 41,583
Property, plant and equipment 14,817 20,188
Interest in subsidiary 13,406 14,968
7,287,312 5,988,055
Liabilities & Shareholders' Equity
Liabilities:
Accounts payable
& accrued charges 357,240 147,146
Notes payable 970,592 998,802
Repurchase agreements 5,402,237 4,488,423
Current income tax 11,732 0
Deferred income tax 36,684 19,483
Shareholders' equity: 199,860 193,718
6,978,345 5,847,572
COMPANY INCOME STATEMENT
For year ended September 30, 2009
Operating Revenue:
Interest 776,155 589,011
Other income 209,641 84,717
Total income 985,796 673,728
Less Expenses:
Interest (691,813) (529,671)
Operating expenses (166,212) (120,439)
Total Expenses (858,025) (650,110)
Profit before Income tax 127,771 23,618
Income Tax 42,133 13,331
Net Profit 85,638 10,287
2009 2008*
Return on Equity (%) 42.85% 5.31%
Total Assets (000's) 6,978,345 5,988,055
Profit after Tax (000's) 85,638 10,287
2007 - 2008 Financial Statement
COMPANY BALANCE SHEET
As at September 30, 2008
2008 2007*
(000's) (000's)
Assets
Cash and cash equivalents 399,683 354,434
Accounts receivable
& prepaid expenses 259,200 231,306*
Resale agreements 525,611 405,861
Investments 4,534,830 4,546,068
Other assets 51,509 62,730
Income tax recoverable 41,583 22,998
Property, plant and equipment 20,188 25,854
Interest in subsidiary 14,968 10,769
5,847,572 5,660,020
Liabilities & Shareholders' Equity
Liabilities:
Accounts payable
& accrued charges 147,146 159,881
Notes payable 998,802 855,453
Repurchase agreements 4,488,423 4,375,000
Current income tax 0 15,964
Deferred income tax 19,483 17,537
Shareholders' equity: 193,718 236,185
5,847,572 5,660,020
COMPANY INCOME STATEMENT
For year ended September 30, 2008
(000's) (000's)
Operating Revenue:
Interest 589,011 610,491
Other income 84,717 117,183
Total income 673,728 727,674
Less Expenses:
Interest (529,671) (529,955)
Operating expenses (120,439) (114,636)
Total Expenses (650,110) (644,591)
Profit before Income tax 23,618 83,083
Income Tax 13,331 24,038
Net Profit 10,287 59,045
2008 2007*
Return on Equity (%) 5.31% 25.00%
Total Assets (000's) 5,847,572 5,660,020
Profit after Tax (000's) 10,287 59,045
* Financials restated
|
 |
|
