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-11 Jun-11 Sep-11 Mar-11 Jun-11 Sep-11 Mar-11 Jun-11 Sep-11
OPERATING INCOME 2.717 6.097 9.699 0.548 1.529 2.648 2.168 4.568 7.051
       Net Interest Income 2.036 4.075 6.213 0.349 0.582 0.813 1.687 3.494 5.401
Interest Income 0.883 1.795 2.826 0.809 1.647 2.588 0.074 0.148 0.238
Leasing Income 2.286 4.697 7.235 0.000 0.000 0.000 2.286 4.697 7.235
Less: Interest Expense 1.134 2.417 3.848 0.461 1.065 1.775 0.673 1.352 2.073
       Net Interest Income Non-Interest Income 0.681 2.022 3.485 0.200 0.948 1.836 0.481 1.074 1.650
 
Fee-based Income 0.720 1.516 2.142 0.309 0.609 0.739 0.412 0.908 1.403
Trading Income/(Loss) (0.252) (0.054) 0.479 (0.241) (0.035) 0.500 (0.012) (0.018) (0.021)
Trust Department 0.000 0.000 0.000 0.000 0.000 0.000 0.000
Other Income/(Loss) 0.213 0.559 0.864 0.132 0.374 0.597 0.081 0.185 0.267
OPERATING EXPENSES 1.825 3.802 6.092 0.322 0.712 1.283 1.503 3.089 4.809
Bad Debts Written Off 0.040 0.060 0.075 0.000 0.000 0.000 0.040 0.060 0.075
Provisions 0.451 0.963 1.479 0.002 0.018 0.012 0.449 0.945 1.467
Other Operating Expenses 1.334 2.778 4.537 0.319 0.694 1.271 1.014 2.084 3.266
     Overhead Costs 0.843 1.766 2.841 0.239 0.508 0.871 0.604 1.257 1.970
     Other Expenses 0.491 1.012 1.696 0.080 0.186 0.400 0.411 0.827 1.296
 
NET OPERATING INCOME (LOSS) 0.892 2.296 3.607 0.226 0.817 1.365 0.665 1.479 2.242
EXTRAORDINARY CREDITS/(CHARGES) 0.171 0.681 1.572 0.086 0.509 1.309 0.085 0.172 0.263
NET INCOME/(LOSS) BEFORE TAX 1.063 2.976 5.179 0.313 1.326 2.674 0.750 1.651 2.505
Provision for Income Tax 0.294 0.679 1.093 0.095 0.228 0.401 0.198 0.450 0.692
NET INCOME/(LOSS) AFTER TAX 0.769 2.297 4.086 0.217 1.097 2.273 0.552 1.200 1.813
     
Note: Details may not add up to totals due to rounding-off  
Source : Supervisory Data Center, Supervision and Examination Sector          
Updated as of 04 November 2011