65   SELECTED PERFORMANCE RATIOS
     Non-Banks with Quasi Banking Functions        
     for the periods indicated        
      in percent        
2010
March June September December
         
Annual Growth Rates 
Balance Sheet
Total Assets  30.4 14.9 12.5 16.0
Cash and Due from Banks 18.6 17.1 11.4 5.3
Interbank Loans Receivables (17.2) 27.6 (61.6) (21.3)
Loans, gross (exclusive of IBL) 51.0 30.2 33.5 31.6
Allowance for probable losses 16.2 2.2 12.9 33.3
Loans, net (exclusive of IBL) 52.5 31.3 34.4 31.6
Investments (net) 21.0 1.7 (3.3) 7.3
ROPOA, net (10.5) (14.2) 6.1 7.8
Other Assets 26.5 11.2 21.4 17.5
Total Liabilities 30.5 14.3 10.7 14.4
Bills Payable 33.5 14.0 9.2 13.0
Other Liabilities 6.4 17.5 28.1 29.0
Total Capital Accounts 29.9 17.6 19.6 22.5
Income Statement 
Total Operating Income 32.3 8.8 36.0 26.3
Net interest income 42.6 18.2 37.6 21.6
Non-interest income 17.9 (4.3) 33.8 33.8
Operating Expenses 12.8 1.9 23.0 22.0
Bad debt expenses/Provisions 8.5 (9.5) 5.4 22.8
Other operating expenses 14.5 6.4 29.7 21.7
Net Operating Income 75.8 21.1 57.7 33.3
Extraordinary Credits 39.6 (56.2) (37.7) (35.5)
Net Income After Tax 64.8 (6.8) 38.0 25.0
 
Key Financial Ratios
      NPL Ratio (inclusive of IBL)                             4.6                              4.3                          4.6                          4.1
      NPL Ratio (exclusive of IBL)                             4.7                              4.4                          4.7                          4.2
      NPA to Gross Assets                             3.1                              3.0                          3.2                          3.0
     Cash and due from banks to Bills Payable                           20.2                            19.9                        20.8                        18.6
     Liquid Assets to Bills Payable                           61.1                            57.4                        59.2                        60.6
     Loans (gross)  to Bills Payable                           55.2                            57.9                        57.8                        58.8
     Earning Asset Yield * 1/                           23.3                            12.6                        13.0                        12.9
      Funding Cost * 2/                             7.8                              4.9                          5.2                          4.9
      Interest Spread * 3/                           15.5                              7.7                          7.8                          8.0
      Net Interest Margin * 4/                           16.1                              7.6                          8.0                          8.0
      Net Interest Income to Total Operating Income                            76.8                            63.6                        61.3                        58.9
      Cost to Income Ratio * 5/                           44.8                            43.7                        42.8                        42.6
      Return on Assets                              3.9                              2.9                          3.7                          3.5
      Return on Equity                           23.5                            14.9                        18.5                        17.2
      Total Capital Accounts to Total Assets                           20.2                            19.6                        20.8                        20.8
      Paid in Capital to Total Capital Accounts                           53.6                            51.4                        49.7                        46.6
         
 
* 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 04 March  2011