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