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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 |
COOPERATIVE
BANKS |
| 2001 |
|
2002 |
|
| 1st |
2nd |
3rd |
4th |
|
1st |
2nd |
3rd |
4th |
|
| Quarter |
Quarter |
Quarter |
Quarter |
|
Quarter |
Quarter |
Quarter |
Quarter |
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OPERATING INCOME |
0.116 |
0.240 |
0.392 |
0.516 |
|
0.139 |
0.301 |
0.446 |
0.608 |
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Net Interest Income |
0.052 |
0.109 |
0.203 |
0.266 |
|
0.075 |
0.161 |
0.231 |
0.314 |
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Interest Income |
0.150 |
0.307 |
0.442 |
0.590 |
|
0.156 |
0.336 |
0.493 |
0.672 |
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| |
|
Less: Interest Expense |
0.098 |
0.198 |
0.239 |
0.324 |
|
0.081 |
0.175 |
0.262 |
0.358 |
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Non-Interest Income |
0.064 |
0.131 |
0.189 |
0.250 |
|
0.064 |
0.140 |
0.215 |
0.294 |
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Fee-based Income |
0.046 |
0.095 |
0.146 |
0.193 |
|
0.049 |
0.105 |
0.164 |
0.223 |
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Trading Income/(Loss) |
0.000 |
0.000 |
0.000 |
0.001 |
|
0.000 |
0.000 |
0.000 |
0.002 |
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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) |
0.018 |
0.036 |
0.043 |
0.056 |
|
0.015 |
0.035 |
0.051 |
0.069 |
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OPERATING EXPENSES |
0.106 |
0.215 |
0.316 |
0.442 |
|
0.108 |
0.232 |
0.355 |
0.518 |
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Bad Debts Written Off |
0.000 |
0.000 |
0.001 |
0.003 |
|
0.000 |
0.001 |
0.001 |
0.004 |
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Provisions for Probable Losses |
0.002 |
0.004 |
0.009 |
0.010 |
|
0.002 |
0.004 |
0.006 |
0.007 |
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Other Operating
Expenses |
0.104 |
0.211 |
0.306 |
0.429 |
|
0.106 |
0.227 |
0.348 |
0.507 |
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Overhead Costs |
0.074 |
0.149 |
0.219 |
0.300 |
|
0.076 |
0.162 |
0.248 |
0.355 |
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Other Expenses |
0.030 |
0.062 |
0.087 |
0.129 |
|
0.030 |
0.065 |
0.100 |
0.152 |
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NET OPERATING INCOME/(LOSS) |
0.010 |
0.025 |
0.076 |
0.074 |
|
0.031 |
0.069 |
0.091 |
0.090 |
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Extraordinary Credits/(Charges) |
EXTRAORDINARY CREDITS/(CHARGES) |
0.002 |
0.005 |
0.006 |
0.008 |
|
0.002 |
0.004 |
0.008 |
0.013 |
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NET INCOME/(LOSS) BEFORE TAX |
0.012 |
0.030 |
0.082 |
0.082 |
|
0.033 |
0.073 |
0.099 |
0.103 |
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Provision for Income Tax |
0.000 |
0.000 |
0.000 |
0.000 |
|
0.000 |
0.000 |
0.000 |
0.000 |
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|
NET INCOME/(LOSS) AFTER TAX |
0.012 |
0.030 |
0.082 |
0.082 |
|
0.033 |
0.073 |
0.099 |
0.103 |
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Return on Assets (%) |
0.4 |
0.8 |
1.5 |
1.7 |
|
2.0 |
2.4 |
2.0 |
2.1 |
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Return on Equity (%) |
3.8 |
6.7 |
10.4 |
12.0 |
|
13.9 |
16.1 |
12.2 |
12.7 |
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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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