22 Income Statement    
       
       
  Universal Bank Group    
  as of end of periods indicated    
  amounts in thousand Pesos    
       
   
  Selected Accounts Mar-19  
   
  TOTAL OPERATING INCOME   140,838,019.41  
  Interest Income 166,303,560.34  
  Interest Expense 58,373,784.56  
  Provision for Losses on Accrued Interest Income from Financial Assets 33,862.39  
  Net Interest Income 107,895,913.39  
  Non-Interest income 32,942,106.02  
  (1) Dividend Income 1,028,833.96  
  (2) Fees and Commissions Income 18,386,381.24  
  (3) Trading Income 11,362,144.25  
  (a) Realized Gains/(Losses) from Sale/Redemption 5,320,870.04  
  (b) Unrealized Gains/(Losses) from Marking-to-Market 89,939.31  
  (c) Realized Gains/(Losses) from FX Transactions 1,473,679.40  
  (d) Foreign Exchange Profit/(Loss) 1,221,554.74  
  (e) Profit/(Loss) from Sale/Redemption/Derecognition of Non-Trading Fin'l Assets & Liabilities 1,850,848.33  
  (f) Profit/(Loss) from Sale/Derecognition of Non-Fin'l Assets 1,383,522.01  
  (g) Profit/(Loss) on Financial Assets and Liabilities DFVPL 23,645.14  
  (h) Profit/(Loss) on Fair Value Adjustment in Hedge Accounting (1,914.70)  
  (4) Other income 2,164,746.56  
  NON-INTEREST EXPENSES 86,040,570.01  
  (1) Compensation/Fringe Benefits 26,028,891.69  
  (2) Taxes and Licenses 10,387,199.44  
  (3) Fees and Commissions 4,520,159.66  
  (4) Other Administrative Expenses 34,279,504.30  
  (5) Depreciation/Amortization 5,595,951.03  
  (6) Impairment Losses 247,383.45  
  (7) Provisions 4,981,480.43  
  LOSSES/RECOVERIES ON FINANCIAL ASSETS (7,356,984.57)  
  (1) Provision for Credit Losses on Loans & Other Fin'l Assets (7,959,091.84)  
  (2) Bad Debts Written Off (227,964.19)  
  (3) Recovery on Charged-Off Assets 830,071.46  
  NET PROFIT BEFORE SHARE IN THE PROFIT/(LOSS) OF UNCONSOLIDATED SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES ACCOUNTED FOR USING THE EQUITY METHOD 47,440,464.83  
  Share in the Profit/(Loss) of Unconsolidated Subsidiaries, Associates and Joint Ventures Accounted for Using the Equity Method 6,227,366.31  
  TOTAL PROFIT/LOSS BEFORE TAX AND BEFORE MINORITY INTEREST 53,667,831.15  
  Income Tax Expense 9,541,610.95  
  TOTAL PROFIT/LOSS AFTER TAX AND BEFORE MINORITY INTEREST 44,126,220.20  
  Minority Interest in Profit/(Loss) of Subsidiaries 0.00  
  NET PROFIT OR LOSS 44,126,220.20  
       
Source : Supervisory Data Center, Financial Supervision Sector, Bangko Sentral ng Pilipinas
Updated as of 8 May 2019