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| 36
CONSOLIDATED STATEMENT OF INCOME AND EXPENSES |
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Rural and Cooperative Banking System |
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for the periods indicated |
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in billion pesos |
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| Selected Accounts |
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TOTAL
RURAL AND COOPERATIVE BANKS |
|
1999 |
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2000 |
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|
1st |
2nd |
3rd |
4th |
|
1st |
2nd |
3rd |
4th |
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Quarter |
Quarter |
Quarter |
Quarter |
|
Quarter |
Quarter |
Quarter |
Quarter |
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OPERATING INCOME |
|
1.472 |
2.948 |
4.587 |
6.190 |
|
1.494 |
3.099 |
4.704 |
6.265 |
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Net Interest Income |
|
0.888 |
1.773 |
2.769 |
3.767 |
|
0.908 |
1.887 |
2.926 |
3.956 |
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Interest Income |
|
2.057 |
4.141 |
6.267 |
8.265 |
|
1.926 |
3.938 |
6.006 |
8.162 |
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Less: Interest Expense |
|
1.169 |
2.368 |
3.497 |
4.498 |
|
1.018 |
2.050 |
3.079 |
4.206 |
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Non-Interest Income |
|
0.583 |
1.175 |
1.818 |
2.423 |
|
0.586 |
1.211 |
1.778 |
2.308 |
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Fee-based Income |
|
0.358 |
0.734 |
1.110 |
1.454 |
|
0.377 |
0.770 |
1.178 |
1.581 |
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Trading Income/(Loss) |
|
0.002 |
0.004 |
0.005 |
0.009 |
|
0.002 |
0.004 |
0.027 |
0.048 |
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Trust Department Income |
|
0.000 |
0.000 |
0.000 |
0.000 |
|
0.000 |
0.000 |
0.000 |
0.000 |
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|
Other Income/(Loss) |
|
0.223 |
0.437 |
0.703 |
0.961 |
|
0.207 |
0.437 |
0.573 |
0.679 |
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OPERATING EXPENSES |
|
1.266 |
2.589 |
3.914 |
5.422 |
|
1.234 |
2.577 |
3.948 |
5.547 |
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Bad Debts Written Off |
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0.002 |
0.010 |
0.019 |
0.023 |
|
0.001 |
0.004 |
0.028 |
0.030 |
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Provisions for Probable Losses |
|
0.046 |
0.124 |
0.181 |
0.222 |
|
0.025 |
0.052 |
0.083 |
0.122 |
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Other Operating
Expenses |
|
1.218 |
2.455 |
3.714 |
5.177 |
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1.208 |
2.521 |
3.837 |
5.396 |
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Overhead
Costs |
|
0.833 |
1.692 |
2.542 |
3.514 |
|
0.824 |
1.728 |
2.609 |
3.695 |
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Other
Expenses |
|
0.385 |
0.764 |
1.172 |
1.663 |
|
0.384 |
0.793 |
1.228 |
1.701 |
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NET OPERATING INCOME / (LOSS) |
|
0.205 |
0.359 |
0.674 |
0.769 |
|
0.260 |
0.522 |
0.756 |
0.717 |
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Extraordinary Credits/(Charges) |
EXTRAORDINARY CREDITS/(CHARGES) |
|
0.002 |
0.004 |
0.006 |
0.012 |
|
0.001 |
0.002 |
0.129 |
0.361 |
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NET INCOME/(LOSS) BEFORE TAX |
|
0.207 |
0.363 |
0.679 |
0.780 |
|
0.261 |
0.524 |
0.885 |
1.078 |
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Provision for Income Tax |
|
0.028 |
0.064 |
0.108 |
0.136 |
|
0.034 |
0.073 |
0.128 |
0.168 |
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NET INCOME/(LOSS) AFTER TAX |
|
0.179 |
0.299 |
0.571 |
0.645 |
|
0.227 |
0.450 |
0.758 |
0.910 |
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Return on Assets (%) |
|
1.0 |
0.8 |
1.0 |
1.1 |
|
1.1 |
1.3 |
1.3 |
1.5 |
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Return on Equity (%) |
|
6.2 |
5.2 |
6.1 |
6.8 |
|
7.2 |
8.2 |
8.2 |
8.8 |
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| Note:
Details may not add up to totals due to rounding-off |
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| Source :
Supervisory Reports & Studies Office, Supervision and Examination Sector |
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| Updated as of
12 March 2004 |
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