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-18 Jun-18 Sep-18 Dec-18 Mar-18 Jun-18 Sep-18 Dec-18 Mar-18 Jun-18 Sep-18 Dec-18
OPERATING INCOME 6.214 12.839 19.475 26.025 0.439 1.091 1.856 2.458 5.775 11.747 17.619 23.567
Net Interest Income 5.012 10.152 15.503 20.696 0.110 0.197 0.290 0.343 4.902 9.954 15.214 20.353
Interest Income 0.333 0.641 0.970 1.405 0.301 0.567 0.840 1.125 0.032 0.074 0.130 0.280
Leasing Income 6.402 13.057 20.018 27.304 0.000 0.000 0.000 0.000 6.402 13.057 20.018 27.304
Less: Interest Expense 1.723 3.547 5.484 8.013 0.191 0.370 0.550 0.782 1.532 3.177 4.934 7.231
Non-Interest Income 1.202 2.687 3.971 5.329 0.329 0.894 1.566 2.115 0.873 1.793 2.405 3.214
 
Fee-based Income 1.086 2.543 3.382 4.521 0.276 0.883 1.236 1.640 0.810 1.660 2.146 2.881
Trading Income/(Loss) (0.097) (0.233) (0.272) (0.340) (0.100) (0.244) (0.291) (0.364) 0.002 0.011 0.019 0.024
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) 0.213 0.377 0.861 1.148 0.153 0.255 0.621 0.839 0.060 0.122 0.239 0.309
OPERATING EXPENSES 3.959 7.980 11.809 15.853 0.456 0.897 1.344 1.655 3.503 7.083 10.465 14.197
Bad Debts Written Off 0.122 0.210 0.316 0.421 0.000 0.000 0.000 0.000 0.122 0.210 0.316 0.421
Provisions 1.303 2.638 3.988 5.276 0.000 0.001 0.001 (0.001) 1.303 2.637 3.987 5.276
Other Operating Expenses 2.534 5.133 7.505 10.156 0.456 0.896 1.344 1.656 2.078 4.237 6.162 8.500
Overhead Costs 1.775 3.574 5.120 6.982 0.333 0.620 0.885 1.162 1.443 2.954 4.234 5.819
Other Expenses 0.758 1.559 2.386 3.174 0.123 0.276 0.458 0.494 0.635 1.283 1.927 2.680
 
NET OPERATING INCOME (LOSS) 2.255 4.859 7.666 10.172 (0.017) 0.194 0.511 0.803 2.272 4.664 7.154 9.370
EXTRAORDINARY CREDITS/(CHARGES) 0.561 0.774 0.950 1.220 0.441 0.502 0.510 0.547 0.121 0.272 0.441 0.674
NET INCOME/(LOSS) BEFORE TAX 2.816 5.632 8.616 11.393 0.424 0.696 1.021 1.349 2.392 4.936 7.595 10.043
Provision for Income Tax 0.855 1.737 2.572 3.340 0.152 0.275 0.331 0.412 0.703 1.462 2.241 2.928
NET INCOME/(LOSS) AFTER TAX 1.961 3.895 6.044 8.053 0.272 0.421 0.690 0.937 1.689 3.474 5.354 7.116
     
   
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 2019