65   SELECTED PERFORMANCE RATIOS
	Non-Banks with Quasi Banking Functions
	for the periods indicated
	in percent
		2007
		Mar	Jun	Sept	Dec
	Annual Growth Rates
	Balance Sheet
	Total Assets	38.0	12.1	0.4	12.9
	Cash and Due from Banks	106.4	18.5	22.0	11.3
	Interbank Loans Receivables	440.2	1,209.2	(10.7)	(90.8)
	Loans, gross (exclusive of IBL)	39.3	24.8	16.4	24.8
	Allowance for probable losses	9.2	5.0	(8.7)	(2.6)
	Loans, net (exclusive of IBL)	41.2	26.2	17.8	26.7
	Investments (net)	20.6	(2.8)	(9.8)	16.3
	ROPOA, net	(5.9)	(6.8)	(7.0)	(3.7)
	Other Assets	(4.9)	(3.7)	(4.6)	(7.9)
	Total Liabilities	40.3	1.9	(7.3)	13.8
	Bills Payable	43.6	0.9	(7.9)	17.5
	Other Liabilities	(1.4)	16.5	3.8	(29.4)
	Total Capital Accounts	33.7	36.2	18.9	10.8
	Income Statement
	Total Operating Income	152.9	255.9	72.1	23.3
	Net interest income	170.6	111.0	71.2	40.0
	Non-interest income	145.9	429.7	72.8	14.0
	Operating Expenses	27.3	51.7	21.4	11.4
	Bad debt expenses/Provisions	58.9	212.7	1.9	(78.9)
	Other operating expenses	26.9	34.4	25.9	29.2
	Net Operating Income	235.4	846.9	127.2	32.0
	Extraordinary Credits	63.2	18.0	266.7	335.7
	Net Income After Tax	254.4	341.5	150.1	62.3
	Key Financial Ratios
	NPL Ratio (inclusive of IBL)	2.6	3.2	3.1	3.9
	NPL Ratio (exclusive of IBL)	3.4	4.0	3.2	4.0
	NPA to Gross Assets	3.3	3.8	3.5	3.1
	Cash and due from banks to Bills Payable	22.7	23.5	23.9	21.8
	Liquid Assets to Bills Payable	85.2	85.0	87.2	94.9
	Loans (gross)  to Bills Payable	49.0	50.0	44.3	30.7
	Earning Asset Yield * 1/	8.6	10.1	8.6	7.9
	Funding Cost * 2/	5.6	5.5	4.2	3.8
	Interest Spread * 3/	2.9	4.6	4.3	4.0
	Net Interest Margin * 4/	4.1	5.2	4.8	4.3
	Net Interest Income to Total Operating Income	34.7	31.0	36.6	40.5
	Cost to Income Ratio * 5/	28.7	25.2	29.3	37.1
	Return on Assets	5.7	7.7	6.4	5.3
	Return on Equity	16.7	23.3	20.0	16.8
	Total Capital Accounts to Total Assets	33.5	36.1	34.8	31.6
	Paid in Capital to Total Capital Accounts	56.3	60.1	58.7	56.5
	* Annualized
	1/ Refers to the ratio of Interest Income to Average Earning Assets
	2/ Refers to the ratio of Interest Expenses to Average Interest-Bearing Liabilities
	3/ Refers to the difference between Earning Asset Yield and Funding Cost
	4/ Refers to the ratio of Net Interest Income to Average Earning Assets
	5/ Refers to the ratio of Operating Expenses (exclusive of Bad Debts and Provisions) to Total Operating Income
	Note: Details may not add up to totals due to rounding-off
	Source: Supervisory Data Center, Supervision and Examination Sector
	Updated as of 1 April 2008