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-23	Jun-23	Sep-23		Mar-23	Jun-23	Sep-23		Mar-23	Jun-23	Sep-23
	OPERATING INCOME	1.770	3.668	5.917		0.053	0.163	0.229		1.717	3.505	5.688
	Net Interest Income	1.706	3.439	5.574		0.020	0.044	0.067		1.686	3.395	5.507
	Interest Income	0.094	0.201	0.327		0.020	0.044	0.069		0.074	0.157	0.258
	Leasing Income	3.124	6.352	10.154		0.000	0.000	0.000		3.124	6.352	10.154
	Less: Interest Expense	1.512	3.114	4.907		0.000	0.000	0.002		1.511	3.113	4.905
	Non-Interest Income	0.064	0.229	0.343		0.033	0.120	0.162		0.030	0.109	0.181
	Fee-based Income	0.046	0.145	0.314		0.043	0.086	0.149		0.003	0.059	0.165
	Trading Income/(Loss)	(0.023)	0.008	(0.037)		(0.023)	0.008	(0.037)		(0.000)	(0.000)	0.000
	Trust Department	0.000	0.000	0.000		0.000	0.000	0.000		0.000	0.000	0.000
	Other Income/(Loss)	0.041	0.077	0.066		0.014	0.026	0.050		0.027	0.051	0.016
	OPERATING EXPENSES	1.278	2.551	4.189		0.033	0.076	0.118		1.245	2.475	4.071
	Bad Debts Written Off	0.114	0.226	0.326		0.000	0.000	0.000		0.114	0.226	0.326
	Provisions	0.286	0.642	0.969		0.000	(0.000)	(0.000)		0.286	0.642	0.969
	Other Operating Expenses	0.878	1.683	2.894		0.033	0.076	0.118		0.845	1.607	2.775
	Overhead Costs	0.622	1.200	2.171		0.025	0.061	0.095		0.596	1.139	2.076
	Other Expenses	0.256	0.483	0.723		0.008	0.015	0.023		0.248	0.468	0.699
	NET OPERATING INCOME (LOSS)	0.492	1.117	1.728		0.020	0.087	0.111		0.472	1.030	1.617
	EXTRAORDINARY CREDITS/(CHARGES)	0.079	0.175	0.217		0.006	0.017	0.024		0.072	0.158	0.193
	NET INCOME/(LOSS) BEFORE TAX	0.570	1.292	1.945		0.026	0.104	0.135		0.544	1.188	1.810
	Provision for Income Tax	0.144	0.306	0.487		0.007	0.013	0.025		0.137	0.293	0.462
	NET INCOME/(LOSS) AFTER TAX	0.426	0.986	1.458		0.019	0.091	0.111		0.407	0.895	1.348
	Note: Details may not add up to totals due to rounding-off
	Source: Department of Supervisory Analytics, Financial Supervision Sector, Bangko Sentral ng Pilipinas
	Updated as of 27 Feb 2024