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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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RURAL
BANKS |
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1999 |
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2000 |
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|
1st |
2nd |
3rd |
4th |
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1st |
2nd |
3rd |
4th |
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Quarter |
Quarter |
Quarter |
Quarter |
|
Quarter |
Quarter |
Quarter |
Quarter |
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OPERATING INCOME |
|
1.352 |
2.731 |
4.214 |
5.702 |
|
1.389 |
2.891 |
4.376 |
5.812 |
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Net Interest Income |
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0.828 |
1.677 |
2.606 |
3.552 |
|
0.862 |
1.803 |
2.789 |
3.762 |
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Interest Income |
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1.919 |
3.864 |
5.831 |
7.690 |
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1.788 |
3.672 |
5.590 |
7.595 |
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Less: Interest Expense |
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1.090 |
2.187 |
3.225 |
4.138 |
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0.926 |
1.869 |
2.801 |
3.833 |
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Non-Interest Income |
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0.524 |
1.054 |
1.608 |
2.150 |
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0.527 |
1.088 |
1.587 |
2.050 |
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Fee-based Income |
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0.319 |
0.653 |
0.987 |
1.289 |
|
0.334 |
0.683 |
1.045 |
1.403 |
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Trading Income/(Loss) |
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0.002 |
0.004 |
0.005 |
0.009 |
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0.002 |
0.004 |
0.027 |
0.046 |
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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) |
|
0.202 |
0.396 |
0.616 |
0.852 |
|
0.190 |
0.401 |
0.515 |
0.601 |
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OPERATING EXPENSES |
|
1.169 |
2.393 |
3.604 |
4.978 |
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1.136 |
2.376 |
3.645 |
5.108 |
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Bad Debts Written Off |
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0.002 |
0.009 |
0.017 |
0.022 |
|
0.001 |
0.004 |
0.028 |
0.030 |
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Provisions for Probable Losses |
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0.044 |
0.119 |
0.175 |
0.213 |
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0.024 |
0.050 |
0.080 |
0.116 |
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Other Operating
Expenses |
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1.124 |
2.266 |
3.412 |
4.743 |
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1.111 |
2.321 |
3.538 |
4.963 |
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Overhead
Costs |
|
0.769 |
1.564 |
2.348 |
3.247 |
|
0.759 |
1.592 |
2.405 |
3.405 |
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Other
Expenses |
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0.354 |
0.702 |
1.064 |
1.496 |
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0.352 |
0.729 |
1.134 |
1.558 |
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NET OPERATING INCOME/(LOSS) |
|
0.183 |
0.338 |
0.609 |
0.725 |
|
0.253 |
0.515 |
0.730 |
0.703 |
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Extraordinary Credits/(Charges) |
EXTRAORDINARY CREDITS/(CHARGES) |
|
0.002 |
0.004 |
0.006 |
0.012 |
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0.001 |
0.002 |
0.127 |
0.357 |
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NET INCOME/(LOSS) BEFORE TAX |
|
0.185 |
0.342 |
0.615 |
0.736 |
|
0.254 |
0.517 |
0.857 |
1.060 |
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Provision for Income Tax |
|
0.028 |
0.064 |
0.108 |
0.136 |
|
0.034 |
0.073 |
0.127 |
0.167 |
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NET INCOME/(LOSS) AFTER TAX |
|
0.157 |
0.277 |
0.507 |
0.600 |
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0.220 |
0.444 |
0.730 |
0.893 |
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Return on Assets (%) |
|
1.0 |
0.9 |
1.0 |
1.1 |
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1.2 |
1.4 |
1.4 |
1.5 |
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Return on Equity (%) |
|
6.6 |
5.9 |
6.3 |
6.7 |
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7.3 |
8.3 |
8.6 |
9.2 |
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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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