40 Income Statement    
       
       
  Thrift Bank Group    
  as of end of periods indicated    
  amounts in thousand Pesos    
       
   
  Selected Accounts Mar-19  
   
  TOTAL OPERATING INCOME   18,449,442.85  
  Interest Income 24,100,540.47  
  Interest Expense 8,717,534.18  
  Provision for Losses on Accrued Interest Income from Financial Assets 90,158.13  
  Net Interest Income 15,292,848.16  
  Non-Interest income 3,156,594.69  
  (1) Dividend Income 2,118.28  
  (2) Fees and Commissions Income 2,015,172.73  
  (3) Trading Income 696,363.06  
  (a) Realized Gains/(Losses) from Sale/Redemption 158,090.78  
  (b) Unrealized Gains/(Losses) from Marking-to-Market (8,902.78)  
  (c) Realized Gains/(Losses) from FX Transactions 28,325.81  
  (d) Foreign Exchange Profit/(Loss) 56,147.18  
  (e) Profit/(Loss) from Sale/Redemption/Derecognition of Non-Trading Fin'l Assets & Liabilities 58,582.04  
  (f) Profit/(Loss) from Sale/Derecognition of Non-Fin'l Assets 399,958.37  
  (g) Profit/(Loss) on Financial Assets and Liabilities DFVPL 4,161.65  
  (h) Profit/(Loss) on Fair Value Adjustment in Hedge Accounting 0.00  
  (4) Other income 442,940.63  
  NON-INTEREST EXPENSES 12,937,918.54  
  (1) Compensation/Fringe Benefits 4,231,130.81  
  (2) Taxes and Licenses 1,327,060.63  
  (3) Fees and Commissions 590,723.41  
  (4) Other Administrative Expenses 5,475,025.53  
  (5) Depreciation/Amortization 1,049,845.31  
  (6) Impairment Losses 116,953.70  
  (7) Provisions 147,179.15  
  LOSSES/RECOVERIES ON FINANCIAL ASSETS (1,130,325.27)  
  (1) Provision for Credit Losses on Loans & Other Fin'l Assets (1,348,916.43)  
  (2) Bad Debts Written Off (4,385.57)  
  (3) Recovery on Charged-Off Assets 222,976.73  
  NET PROFIT BEFORE SHARE IN THE PROFIT/(LOSS) OF UNCONSOLIDATED SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES ACCOUNTED FOR USING THE EQUITY METHOD 4,381,199.05  
  Share in the Profit/(Loss) of Unconsolidated Subsidiaries, Associates and Joint Ventures Accounted for Using the Equity Method 95,607.79  
  TOTAL PROFIT/LOSS BEFORE TAX AND BEFORE MINORITY INTEREST 4,476,806.83  
  Income Tax Expense 908,599.26  
  TOTAL PROFIT/LOSS AFTER TAX AND BEFORE MINORITY INTEREST 3,568,207.57  
  Minority Interest in Profit/(Loss) of Subsidiaries 0.00  
  NET PROFIT OR LOSS 3,568,207.57  
       
Source : Supervisory Data Center, Financial Supervision Sector, Bangko Sentral ng Pilipinas
Updated as of 8 May 2019