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