| 24 SELECTED PERFORMANCE RATIOS | |||||||||||||
| Universal Banking System 1/ | |||||||||||||
| for the periods indicated | |||||||||||||
| in percent | |||||||||||||
| 2007 | |||||||||||||
| Jan | Feb | Mar | April | May | Jun | July | August | September | October | November | December | ||
| Annual Growth Rates | |||||||||||||
| Balance Sheet | |||||||||||||
| Total Assets 2/ | 14.0 | 12.9 | 15.6 | 17.3 | 11.3 | 10.4 | 10.8 | 7.4 | 9.0 | 4.9 | 6.9 | 6.2 | |
| Cash and Due From Banks | 83.0 | 113.6 | 108.7 | 98.3 | 87.8 | 86.7 | 98.5 | 85.9 | 70.0 | 41.3 | 30.3 | 27.2 | |
| Interbank Loans Receivable | 13.7 | 11.9 | 3.7 | 17.2 | 23.4 | 32.4 | 18.1 | (4.1) | 8.5 | (23.7) | (28.0) | (23.4) | |
| Loans, gross (exclusive of IBL) | 9.1 | 7.2 | 8.8 | 12.5 | 6.0 | 8.4 | 6.1 | 1.2 | 4.6 | 0.3 | 6.1 | 5.9 | |
| Allowance for Probable Losses | (11.7) | (13.7) | (19.0) | (19.1) | (14.4) | (18.2) | (19.0) | (21.2) | (20.0) | (19.5) | (17.8) | (16.3) | |
| Loans, net (exclusive of IBL) | 10.7 | 8.9 | 11.1 | 15.2 | 7.6 | 10.5 | 8.1 | 3.0 | 6.6 | 1.9 | 7.9 | 7.3 | |
| Investments, net | 5.0 | 3.0 | 5.5 | 6.4 | 3.8 | (1.6) | (0.3) | 0.1 | 1.0 | (0.3) | (1.6) | (0.3) | |
| ROPOA, net | (11.1) | (12.9) | (14.2) | (16.1) | (14.7) | (14.3) | (16.9) | (17.5) | (13.7) | (15.5) | (13.9) | (10.1) | |
| Other Assets 3/ | 22.5 | 3.3 | 8.6 | 12.4 | 0.8 | (4.7) | (2.6) | (3.8) | (0.7) | 6.1 | 13.3 | (0.5) | |
| Total Liabilities | 14.6 | 13.6 | 16.4 | 18.1 | 11.2 | 10.2 | 11.6 | 7.9 | 8.8 | 4.6 | 7.1 | 5.7 | |
| Deposits | 19.5 | 18.3 | 22.1 | 24.0 | 14.1 | 13.7 | 13.5 | 7.2 | 7.7 | 5.5 | 4.7 | 5.1 | |
| Bills Payable | (21.1) | (15.9) | (19.1) | (21.2) | (13.0) | (16.2) | (2.3) | 6.8 | 9.1 | (9.9) | 18.1 | 9.2 | |
| Special Financing | (82.9) | (94.1) | (65.3) | (65.5) | (64.9) | (65.5) | (61.9) | (61.9) | (15.9) | (16.7) | (16.9) | (16.9) | |
| Unsecured Subordinated Debt | 40.2 | 41.2 | 41.3 | 39.3 | 35.6 | 34.4 | 35.1 | 20.8 | 7.3 | (0.5) | 4.7 | 7.4 | |
| Other Liabilities | 13.0 | 0.3 | 5.7 | 8.1 | 7.0 | 2.8 | 4.0 | 13.0 | 20.8 | 14.9 | 21.2 | 7.0 | |
| Total Capital Accounts 4/ | 9.2 | 7.7 | 9.1 | 11.3 | 12.2 | 12.2 | 4.2 | 3.7 | 11.1 | 7.2 | 5.3 | 10.9 | |
| Income Statement | |||||||||||||
| Total Operating Income | 10.8 | 15.4 | 12.2 | 8.8 | |||||||||
| Net Interest Income | 10.1 | 6.2 | 11.3 | 6.5 | |||||||||
| Non-Interest Income | 11.7 | 32.7 | 13.7 | 12.7 | |||||||||
| Operating Expenses | 14.1 | 16.1 | 13.8 | 7.0 | |||||||||
| Bad Debts / Provisions for Probable Losses | (94.0) | (89.6) | (85.0) | (83.3) | |||||||||
| Other Operating Expenses | 14.1 | 13.2 | 12.7 | 12.6 | |||||||||
| Net Operating Income | 2.2 | 13.4 | 7.7 | 15.0 | |||||||||
| Extraordinary Credits/(Charges) | 105.0 | 31.2 | 26.7 | 52.3 | |||||||||
| Net Income After Tax (NIAT) | 16.0 | 21.1 | 12.5 | 17.5 | |||||||||
| Key Financial Ratios | |||||||||||||
| NPL Ratio (inclusive of IBL) | 6.0 | 6.0 | 5.6 | 5.6 | 5.6 | 5.3 | 5.4 | 5.5 | 5.4 | 5.6 | 5.2 | 4.7 | |
| NPL Ratio (exclusive of IBL) | 7.4 | 7.4 | 6.8 | 6.8 | 6.8 | 6.6 | 6.4 | 6.5 | 6.4 | 6.3 | 5.9 | 5.4 | |
| NPA to Gross Assets | 6.8 | 6.8 | 6.3 | 6.3 | 6.3 | 6.1 | 6.0 | 6.1 | 6.1 | 6.2 | 5.9 | 5.6 | |
| Cash and Due from Banks to Deposits | 17.1 | 18.9 | 20.1 | 19.5 | 19.3 | 19.5 | 20.8 | 20.3 | 20.1 | 20.4 | 20.2 | 20.9 | |
| Liquid Assets to Deposits | 52.6 | 53.7 | 55.0 | 54.4 | 56.0 | 56.2 | 57.7 | 58.8 | 57.7 | 57.1 | 56.2 | 54.6 | |
| Loans, gross to Deposits | 65.3 | 64.7 | 63.5 | 63.1 | 63.2 | 61.9 | 61.9 | 62.7 | 64.1 | 64.0 | 67.1 | 67.0 | |
| Earning Asset Yield * 5/ | 8.1 | 7.9 | 7.9 | 7.5 | |||||||||
| Funding Cost * 6/ | 3.5 | 3.3 | 3.2 | 3.0 | |||||||||
| Interest Spread * 7/ | 4.7 | 4.6 | 4.7 | 4.6 | |||||||||
| Net Interest Margin * 8/ | 4.3 | 4.2 | 4.4 | 4.2 | |||||||||
| Net Interest Income to Total Operating Income | 61.7 | 59.6 | 61.7 | 60.6 | |||||||||
| Cost to Income Ratio * 9/ | 65.3 | 64.2 | 65.0 | 67.2 | |||||||||
| Return on Assets | 1.3 | 1.4 | 1.3 | 1.3 | |||||||||
| Return on Equity | 11.8 | 13.1 | 12.3 | 12.4 | |||||||||
| Capital Adequacy Ratio (CAR) 10/ | |||||||||||||
| Solo Basis | 15.9 | 15.6 | 13.4 | 13.4 | |||||||||
| Consolidated Basis | 17.7 | 17.7 | 15.0 | 16.9 | |||||||||
| Total Capital Accounts to Total Assets | 10.5 | 10.9 | 10.8 | 10.8 | 10.8 | 10.5 | 10.2 | 10.4 | 11.0 | 11.3 | 10.8 | 11.1 | |
| * Annualized | |||||||||||||
| 1/ Inclusive of branches of foreign banks and government banks with unversal banking license | |||||||||||||
| 2/ Adjusted to net off the account "Due from Head Office" with "Due to Head office" of branches of foreign banks | |||||||||||||
| 3/ Inclusive of Fixed Assets | |||||||||||||
| 4/ Inclusive of the portion of the Net Due To/From Head Office which qualified as capital | |||||||||||||
| 5/ Refers to the ratio of Interest Income to Average Earning Assets | |||||||||||||
| 6/ Refers to the ratio of Interest Expenses to Average Interest-Bearing Liabilities | |||||||||||||
| 7/ Refers to the difference between Earning Asset Yield and Funding Cost | |||||||||||||
| 8/ Refers to the ratio of Net Interest Income to Average Earning Assets | |||||||||||||
| 9/ Refers to the ratio of Operating Expenses (exclusive of Bad Debts and Provisions) to Total Operating Income | |||||||||||||
| 10/ Based on the new framework provided for under Circular No. 280 dated 29 March 2001 which was formally adopted starting 1 July 2001 | |||||||||||||
| Note: Details may not add up to totals due to rounding-off | |||||||||||||
| Source: Supervisory Data Center, Supervision and Examination Sector | |||||||||||||
| Updated as of 1April 2008 | |||||||||||||