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| 31 CONSOLIDATED
STATEMENT OF INCOME AND EXPENSES AND KEY RATIOS |
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| Commercial Banking System 1/ |
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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 |
10.485 |
21.156 |
32.649 |
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Interest Expense |
3.059 |
6.403 |
9.704 |
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Provision for Losses on Accrued Interest Income
from Financial Assets |
0.021 |
0.067 |
0.101 |
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Net Interest Income |
7.405 |
14.686 |
22.845 |
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Non-Interest Income |
3.423 |
7.084 |
11.379 |
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Dividend Income |
0.005 |
0.014 |
0.019 |
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Fees and Commissions Income |
1.911 |
3.512 |
4.979 |
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Payment Services |
0.142 |
0.283 |
0.315 |
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Intermediation Services |
0.948 |
1.795 |
2.264 |
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Custodianship |
0.035 |
0.016 |
0.031 |
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Underwriting and Securities Dealership |
0.000 |
0.000 |
0.000 |
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Securitization Activities |
0.000 |
0.000 |
0.019 |
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Income from Fiduciary Activities |
0.169 |
0.251 |
0.384 |
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Others |
0.617 |
1.167 |
1.967 |
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Gains/(Losses) on Financial Assets and
Liabilities Held for Trading |
(0.502) |
(0.243) |
0.661 |
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Gains/(Losses) on Financial Assets and
Liabilities Designated at Fair Value through Profit or Loss |
0.000 |
(0.000) |
(0.000) |
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Foreign Exchange Profit/(Loss) |
1.103 |
1.753 |
1.272 |
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Gains/(Losses) from
Sale/Redemption/Derecognition of Non-Trading Financial Assets and Liabilities |
0.195 |
0.530 |
1.987 |
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Gains/(Losses) on
Fair Value Adjustment in Hedge Accounting |
0.000 |
0.001 |
(0.000) |
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Gains/(Losses)
from Sale/Derecognition of Non-Financial Assets |
0.136 |
0.359 |
0.748 |
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Bank Premises, Furniture,
Fixture and Equipment |
0.007 |
0.032 |
0.283 |
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ROPA |
0.129 |
0.327 |
0.465 |
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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 |
0.574 |
1.158 |
1.713 |
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Non-Interest Expense |
8.112 |
15.684 |
23.879 |
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Compensation/Fringe Benefits |
2.720 |
5.053 |
7.598 |
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Taxes and Licenses |
0.891 |
1.688 |
2.528 |
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Fees and Commissions Expenses |
0.084 |
0.124 |
0.202 |
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Other Administrative Expenses |
3.465 |
6.901 |
10.718 |
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Depreciation/Amortization |
0.795 |
1.619 |
2.419 |
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Impairment Losses |
0.000 |
0.004 |
0.002 |
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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 |
0.000 |
0.000 |
0.000 |
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ROPA |
(0.001) |
(0.001) |
(0.002) |
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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 |
0.000 |
0.000 |
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Other Intangible Assets |
0.000 |
0.000 |
0.000 |
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Other Assets |
0.001 |
0.005 |
0.004 |
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Provisions |
0.155 |
0.295 |
0.412 |
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Losses/Recoveries on Financial Assets |
(0.641) |
(1.569) |
(2.451) |
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Provision for
Credit Losses on Loans and Receivables and Other Financial Assets |
(0.813) |
(0.719) |
(1.201) |
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Bad Debts Written
Off |
0.132 |
(1.192) |
(1.763) |
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Recovery on
Charged-Off Assets |
0.040 |
0.342 |
0.512 |
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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 |
2.075 |
4.517 |
7.893 |
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Share in the
Profit/(Loss) of Unconsolidated Subsidiaries, Associates and Joint Ventures
Accounted for Using the Equity Method |
0.000 |
0.000 |
0.001 |
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Share in the
Profit/(Loss) of Unconsolidated Subsidiaries |
0.000 |
0.000 |
0.000 |
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Share in the
Profit/(Loss) of Associates |
0.000 |
0.000 |
0.001 |
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Share in the
Profit/(Loss) of Joint Ventures |
0.000 |
0.000 |
0.000 |
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Total Profit/Loss
Before Tax and Before Minority Interest |
2.075 |
4.517 |
7.895 |
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Income Tax
Expense |
0.524 |
1.123 |
2.055 |
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Total Profit/Loss
After Tax and Before Minority Interest |
1.551 |
3.394 |
5.840 |
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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 |
1.551 |
3.394 |
5.840 |
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Key
Ratios |
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Earning Asset Yield
2/ |
5.97 |
5.95 |
5.91 |
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Funding Cost 3/ |
2.20 |
2.20 |
2.15 |
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Interest Spread 4/ |
3.77 |
3.75 |
3.76 |
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Net Interest Margin 5/ |
4.06 |
4.08 |
4.11 |
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Net Interest Income to Total Operating
Income |
57.42 |
58.03 |
61.99 |
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Cost to Income Ratio
6/ |
65.70 |
66.15 |
65.05 |
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Return on Assets |
0.99 |
1.02 |
0.87 |
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Return on Equity |
7.04 |
7.03 |
5.88 |
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1/ Inclusive of other branches/subsidiaries of
foreign banks |
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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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