64   CONSOLIDATED STATEMENT OF INCOME AND EXPENSES
Non-Banks with Quasi Banking Functions
for the periods indicated
in billion pesos
	Selected Accounts			TOTAL NBQB					INVESTMENT HOUSES					FINANCING COMPANIES
				Mar-17	Jun-17	Sep-17	Dec-17		Mar-17	Jun-17	Sep-17	Dec-17		Mar-17	Jun-17	Sep-17	Dec-17
		OPERATING INCOME		6.042	12.314	19.134	25.870		1.105	2.269	3.272	4.179		4.937	10.046	15.862	21.691
			Net Interest Income	4.239	8.679	13.729	18.819		0.147	0.306	0.410	0.523		4.092	8.374	13.319	18.296
			Interest Income	0.387	0.779	1.127	1.466		0.357	0.719	1.034	1.339		0.030	0.060	0.093	0.127
			Leasing Income	5.124	10.533	16.714	23.028		0.000	0.000	0.000	0.000		5.124	10.533	16.714	23.028
			Less: Interest Expense	1.272	2.633	4.112	5.675		0.210	0.413	0.625	0.816		1.062	2.220	3.487	4.859
			Non-Interest Income	1.803	3.635	5.405	7.051		0.958	1.963	2.862	3.656		0.845	1.672	2.543	3.395
			Fee-based Income	1.556	2.616	3.769	5.005		0.770	1.058	1.404	1.830		0.786	1.558	2.365	3.175
			Trading Income/(Loss)	0.058	0.526	0.751	0.783		0.040	0.496	0.707	0.740		0.019	0.030	0.044	0.042
			Trust Department	0.000	0.000	0.000	0.000		0.000	0.000	0.000	0.000		0.000	0.000	0.000	0.000
			Other Income/(Loss)	0.188	0.494	0.885	1.263		0.148	0.409	0.751	1.086		0.041	0.084	0.134	0.177
		OPERATING EXPENSES		3.338	6.805	10.446	14.036		0.420	0.880	1.300	1.646		2.919	5.925	9.145	12.390
			Bad Debts Written Off	0.085	0.168	0.253	0.357		0.000	0.000	0.000	0.000		0.085	0.168	0.253	0.357
			Provisions	1.054	2.185	3.362	4.454		0.000	0.000	0.000	0.001		1.054	2.185	3.362	4.453
			Other Operating Expenses	2.199	4.453	6.831	9.225		0.420	0.880	1.300	1.645		1.780	3.573	5.531	7.580
			Overhead Costs	1.551	3.143	4.837	6.540		0.303	0.625	0.926	1.186		1.247	2.518	3.911	5.354
			Other Expenses	0.649	1.310	1.994	2.685		0.116	0.255	0.374	0.459		0.533	1.055	1.620	2.226
		NET OPERATING INCOME (LOSS)		2.704	5.509	8.688	11.834		0.685	1.389	1.971	2.533		2.018	4.121	6.717	9.301
		EXTRAORDINARY CREDITS/(CHARGES)		0.258	0.509	0.676	1.146		0.078	0.198	0.203	0.159		0.180	0.311	0.473	0.987
		NET INCOME/(LOSS) BEFORE TAX		2.962	6.018	9.364	12.980		0.763	1.586	2.174	2.692		2.199	4.431	7.190	10.288
			Provision for Income Tax	0.861	1.641	2.585	3.556		0.204	0.323	0.452	0.579		0.657	1.318	2.133	2.977
		NET INCOME/(LOSS) AFTER TAX		2.101	4.376	6.779	9.424		0.559	1.263	1.722	2.113		1.541	3.113	5.057	7.311
	Note: Details may not add up to totals due to rounding-off
	Source : Supervisory Data Center, Supervision and Examination Sector, Bangko Sentral ng Pilipinas
	Updated as of 15 February 2018