31 Income Statement    
       
       
  Commercial Bank Group    
  as of end of periods indicated    
  amounts in thousand Pesos    
       
   
  Selected Accounts Mar-19  
   
  TOTAL OPERATING INCOME   17,515,758.05  
  Interest Income 16,700,638.96  
  Interest Expense 4,919,940.65  
  Provision for Losses on Accrued Interest Income from Financial Assets 6,308.53  
  Net Interest Income 11,774,389.78  
  Non-Interest income 5,741,368.27  
  (1) Dividend Income 2,230.25  
  (2) Fees and Commissions Income 2,510,690.58  
  (3) Trading Income 2,672,573.83  
  (a) Realized Gains/(Losses) from Sale/Redemption 757,714.48  
  (b) Unrealized Gains/(Losses) from Marking-to-Market 1,417,748.50  
  (c) Realized Gains/(Losses) from FX Transactions 8,059.99  
  (d) Foreign Exchange Profit/(Loss) 17,927.49  
  (e) Profit/(Loss) from Sale/Redemption/Derecognition of Non-Trading Fin'l Assets & Liabilities 264,854.27  
  (f) Profit/(Loss) from Sale/Derecognition of Non-Fin'l Assets 211,506.90  
  (g) Profit/(Loss) on Financial Assets and Liabilities DFVPL 429.68  
  (h) Profit/(Loss) on Fair Value Adjustment in Hedge Accounting (5,667.47)  
  (4) Other income 555,873.61  
  NON-INTEREST EXPENSES 10,011,012.39  
  (1) Compensation/Fringe Benefits 3,340,922.85  
  (2) Taxes and Licenses 1,262,176.02  
  (3) Fees and Commissions 282,927.10  
  (4) Other Administrative Expenses 4,260,724.43  
  (5) Depreciation/Amortization 703,538.52  
  (6) Impairment Losses 61,329.73  
  (7) Provisions 99,393.73  
  LOSSES/RECOVERIES ON FINANCIAL ASSETS (384,117.69)  
  (1) Provision for Credit Losses on Loans & Other Fin'l Assets (372,306.63)  
  (2) Bad Debts Written Off (725,881.14)  
  (3) Recovery on Charged-Off Assets 714,070.08  
  NET PROFIT BEFORE SHARE IN THE PROFIT/(LOSS) OF UNCONSOLIDATED SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES ACCOUNTED FOR USING THE EQUITY METHOD 7,120,627.97  
  Share in the Profit/(Loss) of Unconsolidated Subsidiaries, Associates and Joint Ventures Accounted for Using the Equity Method (3,192.15)  
  TOTAL PROFIT/LOSS BEFORE TAX AND BEFORE MINORITY INTEREST 7,117,435.83  
  Income Tax Expense 1,702,450.46  
  TOTAL PROFIT/LOSS AFTER TAX AND BEFORE MINORITY INTEREST 5,414,985.37  
  Minority Interest in Profit/(Loss) of Subsidiaries 0.00  
  NET PROFIT OR LOSS 5,414,985.37  
       
Source : Supervisory Data Center, Financial Supervision Sector, Bangko Sentral ng Pilipinas
Updated as of 8 May 2019