40 Income Statement          
             
             
  Thrift Bank Group          
  as of end of periods indicated          
  amounts in thousand Pesos          
             
   
  Selected Accounts Mar-17 Jun-17 Sep-17 Dec-17  
   
  TOTAL OPERATING INCOME   17,262,010.06 35,147,386.66 53,282,515.14 72,797,502.44  
  Interest Income 18,393,216.88 37,085,416.94 56,478,989.82 77,176,459.42  
  Interest Expense 4,334,009.60 8,786,132.47 13,423,458.65 18,210,825.62  
  Provision for Losses on Accrued Interest Income from Financial Assets 153,952.30 117,810.63 188,828.46 100,062.41  
  Net Interest Income 13,905,254.97 28,181,473.83 42,866,702.71 58,865,571.40  
  Non-Interest income 3,356,755.09 6,965,912.83 10,415,812.42 13,931,931.04  
  (1) Dividend Income 3,580.57 17,795.51 20,099.25 21,768.97  
  (2) Fees and Commissions Income 2,368,646.10 4,621,871.04 6,901,141.85 8,896,718.62  
  (3) Trading Income 548,549.80 1,221,870.17 1,958,639.69 2,954,251.36  
  (a) Realized Gains/(Losses) from Sale/Redemption 2,226.07 96,777.86 197,879.84 145,406.90  
  (b) Unrealized Gains/(Losses) from Marking-to-Market (34,123.47) (13,383.17) (26,871.57) (13,921.58)  
  (c) Realized Gains/(Losses) from FX Transactions 15,936.06 24,210.78 47,298.48 60,422.75  
  (d) Foreign Exchange Profit/(Loss) 39,873.92 78,542.64 120,577.03 124,414.48  
  (e) Profit/(Loss) from Sale/Redemption/Derecognition of Non-Trading Fin'l Assets & Liabilities 83,110.65 23,069.47 65,007.72 123,106.71  
  (f) Profit/(Loss) from Sale/Derecognition of Non-Fin'l Assets 441,505.89 1,012,577.72 1,554,110.43 2,510,462.11  
  (g) Profit/(Loss) on Financial Assets and Liabilities DFVPL 20.68 74.86 637.75 4,360.00  
  (h) Profit/(Loss) on Fair Value Adjustment in Hedge Accounting 0.00 0.00 0.00 0.00  
  (4) Other income 435,978.62 1,104,376.10 1,535,931.64 2,059,192.09  
  NON-INTEREST EXPENSES 11,101,729.65 22,160,254.69 33,795,175.60 45,910,797.40  
  (1) Compensation/Fringe Benefits 3,636,700.74 7,370,264.98 11,155,056.34 15,074,262.00  
  (2) Taxes and Licenses 1,120,193.21 2,075,487.17 3,075,760.73 4,087,989.95  
  (3) Fees and Commissions 432,971.44 839,095.17 1,268,745.75 1,709,518.46  
  (4) Other Administrative Expenses 4,621,843.62 9,491,104.78 14,614,735.11 19,992,004.72  
  (5) Depreciation/Amortization 1,047,896.63 2,018,849.15 3,058,155.04 4,082,520.98  
  (6) Impairment Losses 80,183.59 131,172.65 198,042.38 260,649.83  
  (7) Provisions 161,940.42 234,280.79 424,680.25 703,851.46  
  LOSSES/RECOVERIES ON FINANCIAL ASSETS (1,601,543.23) (3,102,034.72) (4,514,237.40) (4,960,063.17)  
  (1) Provision for Credit Losses on Loans & Other Fin'l Assets (1,762,604.40) (3,417,333.07) (4,972,181.36) (5,557,234.49)  
  (2) Bad Debts Written Off (3,013.53) (8,145.88) (14,572.26) (29,065.11)  
  (3) Recovery on Charged-Off Assets 164,074.71 323,444.24 472,516.21 626,236.43  
  NET PROFIT BEFORE SHARE IN THE PROFIT/(LOSS) OF UNCONSOLIDATED SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES ACCOUNTED FOR USING THE EQUITY METHOD 4,558,737.18 9,885,097.26 14,973,102.13 21,926,641.86  
  Share in the Profit/(Loss) of Unconsolidated Subsidiaries, Associates and Joint Ventures Accounted for Using the Equity Method 64,607.28 157,125.59 244,957.71 393,893.00  
  TOTAL PROFIT/LOSS BEFORE TAX AND BEFORE MINORITY INTEREST 4,623,344.46 10,042,222.85 15,218,059.85 22,320,534.87  
  Income Tax Expense 846,450.60 1,867,988.10 2,947,312.81 4,381,647.76  
  TOTAL PROFIT/LOSS AFTER TAX AND BEFORE MINORITY INTEREST 3,776,893.86 8,174,234.76 12,270,747.03 17,938,887.10  
  Minority Interest in Profit/(Loss) of Subsidiaries 0.00 0.00 0.00 0.00  
  NET PROFIT OR LOSS 3,776,893.86 8,174,234.76 12,270,747.03 17,938,887.10  
             
Source : Supervisory Data Center, Supervision and Examination Sector, Bangko Sentral ng Pilipinas
Updated as of 7 February 2018