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| 22 CONSOLIDATED
STATEMENT OF INCOME AND EXPENSES AND KEY RATIOS |
| Universal Banking System1/ |
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| for the periods indicated |
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| in billion pesos |
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Selected Accounts |
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Mar-11 |
Jun-11 |
Sep-11 |
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Income and Expense Accounts |
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Interest Income |
59.411 |
120.841 |
182.503 |
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Interest Expense |
19.450 |
39.494 |
60.134 |
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Provision for Losses on Accrued Interest Income
from Financial Assets |
0.015 |
0.038 |
0.032 |
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Net Interest Income |
39.946 |
81.309 |
122.337 |
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Non-Interest Income |
22.087 |
49.711 |
72.193 |
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Dividend Income |
0.284 |
1.564 |
1.853 |
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Fees and Commissions Income |
8.822 |
18.133 |
27.194 |
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Payment Services |
0.346 |
0.654 |
0.970 |
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Intermediation Services |
3.505 |
7.236 |
10.852 |
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Custodianship |
0.057 |
0.178 |
0.268 |
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Underwriting and Securities Dealership |
0.061 |
0.097 |
0.179 |
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Securitization Activities |
0.000 |
0.000 |
0.000 |
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Income from Fiduciary Activities |
1.672 |
3.485 |
5.272 |
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Others |
3.180 |
6.484 |
9.652 |
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Gains/(Losses) on Financial Assets and
Liabilities Held for Trading |
(3.729) |
3.063 |
8.409 |
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Gains/(Losses) on Financial Assets and
Liabilities Designated at Fair Value through Profit or Loss |
0.073 |
0.293 |
0.130 |
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Foreign Exchange Profit/(Loss) |
6.639 |
6.211 |
1.359 |
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Gains/(Losses) from
Sale/Redemption/Derecognition of Non-Trading Financial Assets and Liabilities |
4.290 |
11.149 |
21.135 |
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Gains/(Losses) on
Fair Value Adjustment in Hedge Accounting |
0.003 |
0.008 |
0.014 |
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Gains/(Losses)
from Sale/Derecognition of Non-Financial Assets |
1.125 |
2.827 |
3.919 |
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Bank Premises, Furniture,
Fixture and Equipment |
0.168 |
0.854 |
1.010 |
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ROPA |
0.956 |
1.972 |
2.909 |
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Goodwill |
0.000 |
0.000 |
0.000 |
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Other Intangibles |
0.000 |
(0.000) |
(0.000) |
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Other Income |
4.579 |
6.465 |
8.180 |
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Non-Interest Expense |
38.375 |
80.360 |
121.082 |
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Compensation/Fringe Benefits |
12.847 |
27.717 |
42.429 |
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Taxes and Licenses |
4.146 |
8.452 |
12.357 |
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Fees and Commissions Expenses |
0.894 |
1.788 |
2.635 |
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Other Administrative Expenses |
15.750 |
33.021 |
50.267 |
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Depreciation/Amortization |
2.695 |
5.820 |
8.955 |
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Impairment Losses |
0.038 |
0.320 |
0.369 |
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Investment in Subsidiaries,
Associates and Joint Ventures |
0.000 |
0.000 |
0.000 |
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Bank Premises, Furniture,
Fixture and Equipment |
0.007 |
0.007 |
0.007 |
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ROPA |
0.031 |
0.238 |
0.249 |
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Impairment Losses -
Non-Current Assets Held for Sale |
0.000 |
0.000 |
0.000 |
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Goodwill |
0.000 |
0.075 |
0.112 |
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Other Intangible Assets |
0.000 |
0.000 |
0.000 |
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Other Assets |
0.000 |
0.000 |
0.000 |
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Provisions |
2.005 |
3.243 |
4.070 |
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Losses/Recoveries on Financial Assets |
(3.050) |
(6.704) |
(9.893) |
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Provision for
Credit Losses on Loans and Receivables and Other Financial Assets |
(2.572) |
(5.816) |
(8.629) |
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Bad Debts Written
Off |
(0.679) |
(1.312) |
(1.940) |
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Recovery on
Charged-Off Assets |
0.201 |
0.424 |
0.676 |
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Net Profit Before
Share in the Profit/(Loss) of Unconsolidated Subsidiaries, Associates and
Joint Ventures Accounted for Using the Equity Method |
20.608 |
43.957 |
63.555 |
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Share in the
Profit/(Loss) of Unconsolidated Subsidiaries, Associates and Joint Ventures
Accounted for Using the Equity Method |
2.418 |
6.288 |
10.898 |
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Share in the
Profit/(Loss) of Unconsolidated Subsidiaries |
2.179 |
5.800 |
9.926 |
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Share in the
Profit/(Loss) of Associates |
0.238 |
0.487 |
0.969 |
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Share in the
Profit/(Loss) of Joint Ventures |
0.001 |
0.002 |
0.003 |
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Total Profit/Loss
Before Tax and Before Minority Interest |
23.026 |
50.245 |
74.454 |
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Income Tax
Expense |
2.921 |
7.171 |
10.665 |
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Total Profit/Loss
After Tax and Before Minority Interest |
20.105 |
43.074 |
63.788 |
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Minority Interest
in Profit/(Loss) of Subsidiaries (for consolidated report only) |
0.000 |
0.000 |
0.000 |
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Net Profit or
Loss |
20.105 |
43.074 |
63.788 |
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Key
Ratios |
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Earning Asset Yield
2/ |
5.54 |
5.37 |
5.45 |
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Funding Cost 3/ |
1.87 |
1.82 |
1.88 |
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Interest Spread 4/ |
3.66 |
3.55 |
3.58 |
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Net Interest Margin 5/ |
3.71 |
3.61 |
3.65 |
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Net Interest Income to Total Operating
Income |
62.22 |
60.59 |
62.65 |
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Cost to Income Ratio
6/ |
60.68 |
60.49 |
62.27 |
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Return on Assets |
1.59 |
1.64 |
1.62 |
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Return on Equity |
14.26 |
14.56 |
13.74 |
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1/ Inclusive of branches of foreign banks and government
banks with universal banking license |
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2/ Ratio of Annualized Interest Income to Average Earning
Assets (Total Loan Portfolio, Net of Amortization + AFS Debt Securities, Net
of Amortization + HTM Financial Assets, Net of Amortization + Unquoted Debt
Securities Classified as Loans, Net of Amortization + Financial Assets Held
for Trading - Held for Trading Equity Securities + Financial Assets
Designated at Fair Value Through Profit of Loss-Debt Securities + Due From
other Banks |
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3/ Ratio of annualized Interest Expense to Interest Bearing
Liabilities ( Deposit Liabilities + Bills Payable + Unsecured Subordinated
Debt + Bonds Payable, Net + Redeemable Preferred Shares |
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4/ Earning assets Yield - Funding Cost |
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5/ Ratio of Annualized Net Interest Income (Interest Income -
Interest Expense) to Average Earning Assets |
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6/ Ratio of Annualized Non-Interest Expense, Net of Impairment
Losses to Annualized Total Operating Income (Net Interest Income +
Non-Interest Income) |
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Note: Details may not add up to totals due to rounding-off |
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Source : Supervisory Data Center, Supervision and Examination
Sector |
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Updated as of 07 December 2011 |
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