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-16 Jun-16 Sep-16 Dec-16 Mar-16 Jun-16 Sep-16 Dec-16 Mar-16 Jun-16 Sep-16 Dec-16
OPERATING INCOME 4.785 10.544 16.152 21.934 0.874 2.254 3.294 4.149 3.912 8.289 12.858 17.785
Net Interest Income 3.334 7.052 10.940 15.171 0.131 0.250 0.411 0.575 3.203 6.802 10.529 14.595
Interest Income 0.443 0.845 1.283 1.726 0.419 0.792 1.200 1.610 0.024 0.052 0.084 0.116
Leasing Income 4.033 8.486 13.134 18.176 0.000 0.000 0.000 0.000 4.033 8.486 13.134 18.176
Less: Interest Expense 1.142 2.278 3.477 4.731 0.288 0.543 0.789 1.034 0.854 1.736 2.688 3.697
Non-Interest Income 1.451 3.492 5.212 3.189 0.743 2.005 2.883 3.574 0.708 1.487 2.329 3.189
 
Fee-based Income 1.071 2.560 3.677 2.987 0.385 1.126 1.473 2.321 0.686 1.434 2.204 2.987
Trading Income/(Loss) 0.239 0.156 0.352 0.196 0.253 0.180 0.355 0.177 (0.014) (0.023) (0.003) 0.018
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) 0.140 0.775 1.183 1.259 0.104 0.699 1.055 1.075 0.036 0.076 0.128 0.184
OPERATING EXPENSES 3.196 6.478 9.747 13.497 0.408 1.053 1.488 2.036 2.787 5.425 8.259 11.461
Bad Debts Written Off 0.149 0.240 0.317 0.386 0.000 0.000 0.000 0.000 0.149 0.240 0.317 0.386
Provisions 1.092 1.983 3.021 4.301 0.000 0.002 0.002 0.087 1.092 1.981 3.019 4.214
Other Operating Expenses 1.955 4.255 6.408 8.810 0.408 1.051 1.486 1.949 1.547 3.204 4.922 6.861
Overhead Costs 1.347 2.977 4.455 5.960 0.312 0.824 1.140 1.437 1.035 2.153 3.315 4.522
Other Expenses 0.609 1.278 1.953 2.850 0.097 0.227 0.346 0.512 0.512 1.051 1.607 2.338
 
NET OPERATING INCOME (LOSS) 1.590 4.066 6.405 8.437 0.465 1.201 1.805 2.113 1.124 2.865 4.599 6.324
EXTRAORDINARY CREDITS/(CHARGES) 0.392 0.596 0.867 1.013 0.244 0.304 0.432 0.435 0.147 0.292 0.435 0.579
NET INCOME/(LOSS) BEFORE TAX 1.981 4.662 7.272 9.450 0.710 1.505 2.238 2.548 1.271 3.157 5.035 6.902
Provision for Income Tax 0.502 1.260 1.928 2.809 0.150 0.363 0.463 0.785 0.352 0.898 1.465 2.024
NET INCOME/(LOSS) AFTER TAX 1.479 3.401 5.344 6.642 0.560 1.143 1.774 1.763 0.919 2.259 3.570 4.878
     
   
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 2017