44		BSP: STATEMENT OF INCOME AND EXPENSE
		in billion pesos
																														Jan-Apr
						1996	1997	1998		1999		2000		2001		2002		2003		2004	u	2005	u	2006	2007	2008	2009	2010	u	2010		2011	u
										Dec
Revenues						43.97	46.99	65.07		51.65		67.52		62.17		40.84		48.62		51.22		45.60		74.73	93.81	95.04	104.36	113.57		35.16		23.73
Annual Growth Rate (%)						13.3	6.9	38.5		-20.6		30.7		-7.9		-34.3		19.0		5.4		-11.0		63.9	25.5	1.3	9.8	8.8		13.5		-32.5
		Interest Income				39.82	40.25	59.27		47.04		63.53		57.58		37.23		43.00		38.85		40.91		50.70	63.59	68.23	59.38	43.45		15.22		15.22
		Miscellaneous Income				4.15	6.75	5.80		4.61		3.99		4.59		3.61		5.62		12.37		4.68		24.03	30.23	26.81	44.98	70.12		19.94		8.51
Expenses						35.72	66.77	61.80		61.61		69.41		59.45		45.05		46.28		47.06		48.27		52.00	67.05	86.28	81.39	82.48		24.63		33.81
Annual Growth Rate (%)						29.7	86.9	-7.4		-0.3		12.7		-14.3		-24.2		2.7		1.7		2.6		7.7	28.9	28.7	-5.7	1.3		-12.1		37.3
		Interest Expenses				31.04	29.14	42.19		47.10		52.59		44.78		32.13		28.05		28.24		34.46		40.85	53.02	71.88	60.99	66.07		19.52		28.45
		Others				4.68	37.63	19.62		14.51		16.82		14.67		12.93		18.23		18.82		13.81		11.14	14.03	14.40	20.40	16.41		5.11		5.36
Net Income Before Gain/Loss (-)
on FXR Fluctuations and Provisions for
Income Tax and Capital Reserves						8.25	-19.78	3.27		-9.96		-1.89		2.72		-4.21		2.33		4.15		-2.67		22.73	26.77	8.76	22.97	31.08		10.52		-10.08
Net Gain/Loss (-) on  FXR Fluctuations 1						-1.86	31.61	4.79		11.95		4.46		1.38		8.21		5.18		2.15		11.81		-18.94	-113.71	0.53	-9.67	-90.12		-34.02		-19.08
Provision for Income Taxes																0.40		0.91		1.06		1.11		0.01	0.00	0.36	0.17	0.00		0.00		0.00
Net Income/Loss(-)						6.39	11.83	8.06		1.99		2.57		4.10		3.60		6.60		5.25		8.03		3.79	-86.94	8.93	13.13	-59.04		-23.50		-29.16
Capital Reserves																		3.10		3.10		3.23		0.00	0.00	0.00	0.00	0.00		0.00		0.00
Net Income/Loss(-) for Distribution						6.39	11.83	8.06		1.99		2.57		4.10		3.60		3.50		2.15		4.80		3.79	-86.94	8.93	13.13	-59.04		-23.50		-29.16
Note:	Breakdowns may not add up to totals due to rounding.
u	Unaudited
1	This represents realized gains or losses from fluctuations in FX rates arising from foreign currency-denominated transactions of the BSP, including: 1) rollover/re-investments of matured FX investments
	with foreign financial institutions and FX-denominated government securities; 2) servicing of matured FX obligations of the BSP; and 3) maturity of derivatives instruments.