65   SELECTED PERFORMANCE RATIOS
     Non-Banks with Quasi Banking Functions        
     for the periods indicated        
      in percent        
2013
Mar-13 Jun-13 Sep-13 Dec-13
         
Annual Growth Rates 
Balance Sheet
Total Assets  (6.3) 10.2 8.6 (5.0)
Cash and Due from Banks (27.6) 23.3 32.5 1.1
Interbank Loans Receivables (59.1) (88.3) 63.1 (100.0)
Loans, gross (exclusive of IBL) (2.8) (1.9) 2.9 (7.3)
Allowance for probable losses 8.2 1.8 (1.6) (27.6)
Loans, net (exclusive of IBL) (3.2) (2.0) 3.1 (6.5)
Investments (net) (0.6) 22.3 9.2 (7.2)
ROPOA, net (35.2) (11.5) (15.5) (14.5)
Other Assets (10.1) 7.0 3.1 (8.8)
Total Liabilities (10.1) 7.0 3.1 (8.8)
Bills Payable (17.0) 1.9 3.5 (13.4)
Other Liabilities 31.5 35.8 1.9 14.3
Total Capital Accounts 8.4 21.3 27.2 9.0
Income Statement 
Total Operating Income 33.9 36.9 24.5 (4.1)
Net interest income 2.5 5.2 6.6 (26.3)
Non-interest income 72.6 71.5 45.8 28.3
Operating Expenses 6.4 30.3 21.5 (19.2)
Bad debt expenses/Provisions 10.4 3.8 (2.7) (44.2)
Other operating expenses 4.8 41.3 32.2 (4.3)
Net Operating Income 66.7 43.6 27.9 19.9
Extraordinary Credits (81.3) 1,028.0 1,935.0 767.7
Net Income After Tax 18.2 127.4 109.5 115.2
Key Financial Ratios
      NPL Ratio (inclusive of IBL)                           5.3                           4.9                           5.1                           4.6
      NPL Ratio (exclusive of IBL)                           5.3                           4.9                           5.1                           4.6
      NPA to Gross Assets                           2.6                           2.3                           2.5                           2.4
     Cash and due from banks to Bills Payable                        21.2                        26.9                        28.0                        24.5
     Liquid Assets to Bills Payable  
     Loans (gross)  to Bills Payable                        67.5                        62.0                        70.0                        71.0
     Earning Asset Yield * 1/                           6.1                        11.0                        38.7                        21.5
      Funding Cost * 2/                           1.1                           2.0                           3.1                           3.6
      Interest Spread * 3/                           5.0                           9.0                        35.6                        17.9
      Net Interest Margin * 4/                           4.0                           7.5                        27.0                        15.3
      Net Interest Income to Total Operating Income                         42.2                        40.2                        46.7                        45.6
      Cost to Income Ratio * 5/                        30.7                        37.3                        39.3                        38.5
      Return on Assets                            1.7                           5.1                           5.9                           8.9
      Return on Equity                           7.4                        21.9                        24.1                        39.6
      Total Capital Accounts to Total Assets                        23.9                        24.4                        26.6                        24.2
      Paid in Capital to Total Capital Accounts                        30.3                        27.1                        22.8                        26.4
         
 
* 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 12 February 2014