65   SELECTED PERFORMANCE RATIOS
     Non-Banks with Quasi Banking Functions        
     for the periods indicated        
      in percent        
2012
Mar-12 r/ Jun-12 Sep-12 Dec-12
         
Annual Growth Rates 
Balance Sheet
Total Assets  27.8 8.3 0.4 11.0
Cash and Due from Banks 59.7 2.7 (16.3) (6.2)
Interbank Loans Receivables (51.2) (85.7) (89.3) (97.6)
Loans, gross (exclusive of IBL) 16.7 12.7 7.6 12.4
Allowance for probable losses 12.2 17.6 22.2 59.1
Loans, net (exclusive of IBL) 16.8 12.5 7.1 11.1
Investments (net) 31.0 5.4 (0.6) 21.7
ROPOA, net (18.8) (44.0) (35.7) (32.3)
Other Assets 28.7 4.9 (4.7) 8.6
Total Liabilities 28.7 4.9 (4.7) 8.6
Bills Payable 21.7 (0.9) (16.6) 4.7
Other Liabilities 96.8 56.7 105.2 33.5
Total Capital Accounts 24.7 22.2 23.0 20.7
Income Statement 
Total Operating Income 51.9 41.9 30.2 61.2
Net interest income 11.9 11.0 10.7 58.5
Non-interest income 171.7 104.2 64.8 65.3
Operating Expenses 22.8 16.1 10.8 67.6
Bad debt expenses/Provisions 26.9 25.8 33.9 139.3
Other operating expenses 21.3 12.5 2.8 42.3
Net Operating Income 111.6 84.6 62.9 52.0
Extraordinary Credits 433.5 (51.9) (87.5) (35.7)
Net Income After Tax 211.5 69.1 18.0 32.6
Key Financial Ratios
      NPL Ratio (inclusive of IBL)                           4.8                           4.7                           5.2                           5.3
      NPL Ratio (exclusive of IBL)                           4.8                           4.7                           5.2                           5.3
      NPA to Gross Assets                           2.7                           2.6                           2.8                           2.8
     Cash and due from banks to Bills Payable                        24.3                        22.3                        21.8                        21.0
     Liquid Assets to Bills Payable  
     Loans (gross)  to Bills Payable                        57.8                        64.5                        70.3                        66.4
     Earning Asset Yield * 1/                        15.1                        15.4                        15.5                        28.7
      Funding Cost * 2/                           5.1                           5.1                           5.0                           4.9
      Interest Spread * 3/                        10.0                        10.3                        10.5                        23.8
      Net Interest Margin * 4/                           9.2                           9.5                           9.7                        20.1
      Net Interest Income to Total Operating Income                         56.4                        53.8                        53.9                        59.3
      Cost to Income Ratio * 5/                        41.6                        39.1                        37.0                        38.6
      Return on Assets                            4.7                           4.6                           4.0                           4.3
      Return on Equity                        22.3                        22.0                        19.2                        21.0
      Total Capital Accounts to Total Assets                        20.7                        22.2                        22.7                        21.1
      Paid in Capital to Total Capital Accounts                        38.3                        37.1                        36.7                        31.2
         
 
* 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 5 February 2013