| |
|
|
|
|
|
|
|
|
|
|
|
|
| 36
CONSOLIDATED STATEMENT OF INCOME AND EXPENSES |
| |
|
Rural and Cooperative Banking System |
|
|
|
|
|
| |
|
for the periods indicated |
|
|
|
|
|
| |
|
in billion pesos |
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Selected Accounts |
COOPERATIVE
BANKS |
| 2003 |
|
2004 |
|
| 1st |
2nd |
3rd |
4th |
|
1st |
2nd |
3rd |
4th |
|
| Quarter |
Quarter |
Quarter |
Quarter |
|
Quarter |
Quarter |
Quarter |
Quarter |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
OPERATING INCOME |
0.155 |
0.318 |
0.479 |
0.635 |
|
0.158 |
0.338 |
0.521 |
0.719 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
Net Interest Income |
0.082 |
0.167 |
0.249 |
0.336 |
|
0.080 |
0.172 |
0.264 |
0.369 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Interest Income |
0.170 |
0.345 |
0.524 |
0.692 |
|
0.175 |
0.367 |
0.563 |
0.775 |
|
| |
|
Less: Interest Expense |
0.088 |
0.178 |
0.275 |
0.355 |
|
0.095 |
0.195 |
0.299 |
0.406 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
Non-Interest Income |
0.073 |
0.151 |
0.230 |
0.298 |
|
0.079 |
0.166 |
0.257 |
0.350 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Fee-based Income |
0.057 |
0.118 |
0.181 |
0.231 |
|
0.058 |
0.124 |
0.192 |
0.257 |
|
| |
|
Trading Income/(Loss) |
0.000 |
0.001 |
0.001 |
0.001 |
|
0.000 |
0.000 |
0.001 |
0.003 |
|
| |
|
Trust Department Income |
0.000 |
0.000 |
0.000 |
0.000 |
|
0.000 |
0.000 |
0.000 |
0.000 |
|
| |
|
Other Income/(Loss) |
0.016 |
0.032 |
0.048 |
0.065 |
|
0.021 |
0.042 |
0.064 |
0.090 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
OPERATING EXPENSES |
0.122 |
0.250 |
0.382 |
0.521 |
|
0.128 |
0.267 |
0.414 |
0.593 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Bad Debts Written Off |
0.001 |
0.000 |
0.001 |
0.001 |
|
0.000 |
0.001 |
0.001 |
0.002 |
|
| |
|
Provisions for Probable Losses |
0.002 |
0.007 |
0.010 |
0.016 |
|
0.005 |
0.012 |
0.019 |
0.029 |
|
| |
|
Other Operating
Expenses |
0.119 |
0.243 |
0.371 |
0.504 |
|
0.123 |
0.254 |
0.395 |
0.562 |
|
| |
|
Overhead
Costs |
0.084 |
0.172 |
0.261 |
0.350 |
|
0.087 |
0.179 |
0.277 |
0.386 |
|
| |
|
Other
Expenses |
0.035 |
0.071 |
0.109 |
0.155 |
|
0.036 |
0.075 |
0.118 |
0.175 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
NET OPERATING INCOME/(LOSS) |
0.033 |
0.068 |
0.097 |
0.114 |
|
0.031 |
0.071 |
0.106 |
0.125 |
|
| |
Extraordinary Credits/(Charges) |
EXTRAORDINARY CREDITS/(CHARGES) |
0.004 |
0.008 |
0.011 |
0.016 |
|
0.004 |
0.008 |
0.011 |
0.017 |
|
| |
|
NET INCOME/(LOSS) BEFORE TAX |
0.037 |
0.076 |
0.108 |
0.130 |
|
0.034 |
0.079 |
0.118 |
0.142 |
|
| |
Provision for Income Tax |
0.000 |
0.000 |
0.000 |
0.001 |
|
0.000 |
0.000 |
0.000 |
0.000 |
|
| |
|
NET INCOME/(LOSS) AFTER TAX |
0.037 |
0.076 |
0.108 |
0.129 |
|
0.034 |
0.079 |
0.118 |
0.142 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
Return on Assets (%) |
2.1 |
2.0 |
2.1 |
2.4 |
|
2.2 |
2.3 |
2.3 |
2.4 |
|
| |
Return on Equity (%) |
12.8 |
12.1 |
12.4 |
14.4 |
|
13.6 |
13.7 |
13.7 |
13.9 |
|
| Note: Details
may not add up to totals due to rounding-off |
|
|
|
|
|
| Source:
Supervisory Data Center, Supervision and Examination Sector |
|
|
|
|
|
|
|
|
|
|
|
| Updated as of
29 December 2005 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|