65   SELECTED PERFORMANCE RATIOS
     Non-Banks with Quasi Banking Functions        
     for the periods indicated        
      in percent        
2011
Mar-11 Jun-11 Sep-11 Dec-11 r/
         
Annual Growth Rates 
Balance Sheet
Total Assets  14.3 17.2 23.4 20.7
Cash and Due from Banks 3.1 25.0 32.5 49.1
Interbank Loans Receivables (11.8) 175.4 (26.9) 8.2
Loans, gross (exclusive of IBL) 24.0 13.7 19.9 25.3
Allowance for probable losses 41.5 27.2 17.6 8.6
Loans, net (exclusive of IBL) 23.5 13.3 20.0 25.9
Investments (net) 8.7 17.6 23.6 6.3
ROPOA, net 19.7 31.5 (5.4) (18.6)
Other Assets 23.3 13.7 29.5 22.9
Total Liabilities 12.8 17.1 26.8 22.9
Bills Payable 12.5 15.7 26.7 18.3
Other Liabilities 16.0 31.5 28.4 64.0
Total Capital Accounts 20.3 17.7 10.2 12.3
Income Statement 
Total Operating Income 1.7 16.1 6.5 13.4
Net interest income 21.2 22.3 14.4 16.1
Non-interest income (31.3) 5.2 (5.1) 9.6
Operating Expenses 16.0 20.7 18.3 12.4
Bad debt expenses/Provisions 18.6 29.7 27.5 2.2
Other operating expenses 15.1 17.6 15.5 16.4
Net Operating Income (18.8) 9.2 (8.9) 15.0
Extraordinary Credits 21.1 136.4 233.7 140.3
Net Income After Tax (17.8) 26.2 14.6 25.4
Key Financial Ratios
      NPL Ratio (inclusive of IBL)                           4.3                           4.6                           4.6                           3.9
      NPL Ratio (exclusive of IBL)                           4.4                           4.7                           4.6                           3.9
      NPA to Gross Assets                           3.2                           3.1                           2.8                           2.6
     Cash and due from banks to Bills Payable                        18.5                        21.5                        21.8                        23.4
     Liquid Assets to Bills Payable                        54.4                        60.7                        56.0  
     Loans (gross)  to Bills Payable                        60.6                        57.3                        54.7                        62.3
     Earning Asset Yield * 1/                        13.5                        13.1                        12.9                        12.9
      Funding Cost * 2/                           5.0                           4.7                           4.7                           4.9
      Interest Spread * 3/                           8.5                           8.4                           8.2                           7.9
      Net Interest Margin * 4/                           8.5                           8.2                           8.0                           7.9
      Net Interest Income to Total Operating Income                         61.6                        60.8                        62.2                        60.3
      Cost to Income Ratio * 5/                        43.8                        43.0                        45.3                        43.7
      Return on Assets                            3.4                           3.6                           3.5                           3.7
      Return on Equity                        16.3                        18.2                        17.7                        18.5
      Total Capital Accounts to Total Assets                        21.2                        19.7                        18.5                        19.4
      Paid in Capital to Total Capital Accounts                        46.2                        45.5                        44.1                        42.0
         
 
* 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
r/ Revised
Note: Details may not add up to totals due to rounding-off
Source: Supervisory Data Center, Supervision and Examination Sector
Updated as of 31 July 2012