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Analysis of Financial Statements (18C)
Repayment Capacity?
verified from income (salary, dividend, interest) net of existing borrowing obligations, to confirm the borrower can service fresh debt.
Availability of Security?
audited statements disclose the existing charge on assets, enabling the bank to identify unencumbered assets that can secure fresh exposure.
Balance Sheet?
snapshot of assets, liabilities and owners' equity on a specific date (going-concern position).
Profit & Loss Account?
income and expenditure over the accounting period; replaced by the Income & Expenditure Statement for non-profit organizations.
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