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-21 Mar-21 Mar-21  
 
 
OPERATING INCOME 2.013 0.141 1.872  
 
Net Interest Income 1.497 0.016 1.480  
 
Interest Income 0.107 0.016 0.090  
Leasing Income 2.933 0.000 2.933  
Less: Interest Expense 1.543 0.000 1.543  
 
Non-Interest Income 0.517 0.125 0.392  
 
Fee-based Income 0.488 0.170 0.318  
Trading Income/(Loss) (0.061) (0.062) 0.000  
Trust Department 0.000 0.000 0.000  
Other Income/(Loss) 0.091 0.016 0.074  
 
OPERATING EXPENSES 1.836 0.051 1.786  
 
Bad Debts Written Off 0.096 0.000 0.096  
Provisions 0.613 0.000 0.613  
Other Operating Expenses 1.127 0.051 1.076  
Overhead Costs 0.913 0.044 0.870  
Other Expenses 0.214 0.007 0.207  
 
NET OPERATING INCOME (LOSS) 0.177 0.090 0.087  
EXTRAORDINARY CREDITS/(CHARGES) (0.018) 0.018 (0.036)  
NET INCOME/(LOSS) BEFORE TAX 0.159 0.108 0.051  
Provision for Income Tax 0.107 0.043 0.064  
NET INCOME/(LOSS) AFTER TAX 0.052 0.066 (0.013)  
   
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 17 May 2021