65   SELECTED PERFORMANCE RATIOS
     Non-Banks with Quasi Banking Functions          
     for the periods indicated          
      in percent          
2009
March  June September December
 
Annual Growth Rates 
Balance Sheet
Total Assets  45.4 71.4 38.3 35.3
Cash and Due from Banks 62.5 50.5 38.0 34.6
Interbank Loans Receivables 4.5 47.8 204.9 82.5
Loans, gross (exclusive of IBL) 61.8 116.6 21.4 26.9
Allowance for probable losses 83.6 130.8 12.3 (3.6)
Loans, net (exclusive of IBL) 61.0 116.1 21.8 28.2
Investments (net) 33.3 53.2 57.1 45.8
ROPOA, net 16.0 (1.2) 6.6 8.4
Other Assets 40.5 90.4 19.1 16.9
Total Liabilities 65.7 86.2 45.1 37.5
Bills Payable 61.2 87.9 45.6 37.0
Other Liabilities 113.0 70.0 39.9 42.1
Total Capital Accounts (2.0) 28.2 15.8 27.2
Income Statement 
Total Operating Income 178.2 279.9 20.8 37.6
Net interest income 173.2 224.8 18.9 29.6
Non-interest income 185.3 398.8 23.7 52.2
Operating Expenses 173.7 216.6 5.3 13.3
Bad debt expenses/Provisions 1,378.6 2,634.3 6.2 16.3
Other operating expenses 109.4 135.0 4.9 12.1
Net Operating Income 188.7 489.8 60.3 110.5
Extraordinary Credits 248.0 136.3 27.3 31.1
Net Income After Tax 407.2 440.4 80.3 113.4
Key Financial Ratios
      NPL Ratio (inclusive of IBL)                                  5.1                                         4.8                                         5.2                                  4.5
      NPL Ratio (exclusive of IBL)                                  5.2                                         4.8                                         5.3                                  4.5
      NPA to Gross Assets                                  3.5                                         3.1                                         3.1                                  2.9
     Cash and due from banks to Bills Payable                                22.8                                       19.3                                       20.4                                19.9
     Liquid Assets to Bills Payable                                69.6                                       56.2                                       68.2                              183.0
     Loans (gross)  to Bills Payable 49.4 50.6 47.9 50.8
     Earning Asset Yield * 1/ 16.6 17.3 13.0 13.8
      Funding Cost * 2/ 6.9 6.9 5.7 5.8
      Interest Spread * 3/ 9.7 10.4 7.3 8.0
      Net Interest Margin * 4/ 9.9 10.4 7.3 8.0
      Net Interest Income to Total Operating Income  63.9 61.6 63.5 61.2
      Cost to Income Ratio * 5/ 52.2 48.2 48.4 44.2
      Return on Assets  2.8 3.7 2.8 3.5
      Return on Equity 11.4 17.1 13.4 17.2
      Total Capital Accounts to Total Assets 20.2 19.1 19.5 19.7
      Paid in Capital to Total Capital Accounts 64.1 60.3 57.2 55.0
         
 
* 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 05 March  2010