TEREST INCOME On loans and advances On investment securities On deposits with BSP and other banks TEREST EXPENSE On deposits On bills payable and other borrowed funds ET INTEREST INCOME ROVISION FOR CREDIT AND IMPAIRMENT LOSSES ET INTEREST INCOME AFTER PROVISION FOR CREDIT AND IMPAIRMENT LOSSES THER INCOME Fees and commissions Income from foreign exchange trading Securities trading gain Income attributable to insurance operations Netgains (losses) on disposals of investment securities at amortized cost Other operating income THER EXPENSES Compensation and fringe benefits Occupancy and equipment-related expenses Other operating expenses ROFIT BEFORE INCOME TAX ICOME TAX EXPENSE Current Deferred ET INCOME FROM CONTINUING OPERATIONS ET (LOSS) INCOME FROM DISCONTINUED OPERATIONS STINCOME ACTED TAY FOR EACH OF THE THREE YEARS IN THE PERIOD ENDED 2022 84,909,000,000 16,863,000,000 1,496,000,000 103,268,000,000 14,821,000,000 3,381,000,000 18,202,000,000 85,066,000,000 9,167,000,000 75,899,000,000 11,339,000,000 2,617,000,000 857,000,000 1,379,000,000 214,000,000 17,053,000,000 33,459,000,000 19,528,000,000 18,761,000,000 19,701,000,000 57,990,000,000 51,368,000,000 12,438,000,000 -906,000,000 11,532,000,000 39,836,000,000 0 20 926 000 000 2021 72,225,000,000 10,436,000,000 1,956,000,000 84,617,000,000 10,168,000,000 4,866,000,000 15,034,000,000 69,583,000,000 13,135,000,000 56,448,000,000 11,204,000,000 2,384,000,000 97,000,000 1,854,000,000 1,513,000,000 10,770,000,000 27,822,000,000 18,528,000,000 16,010,000,000 16,195,000,000 50,733,000,000 33,537,000,000 8,328,000,000 1,099,000,000 9,427,000,000 24,110,000,000 0 24 110 000 000 2020 82,312,000,000 12,052,000,000 1,944,000,000 96,308,000,000 18,986,000,000 5,058,000,000 24,044,000,000 72,264,000,000 28,000,000,000 44,264,000,000 8,899,000,000 2,155,000,000 3,310,000,000 1,506,000,000 4,647,000,000 9,142,000,000 29,659,000,000 25,769,000,000 10,751,000,000 -6,845,000,000 3,906,000,000 21,863,000,000 -211,000 3-Year Average 21 962 790 000 79,815,333,333.33 13,117,000,000.00 1,798,666,666.67 94,731,000,000.00 14,658, 333, 333.33 4,435,000,000.00 19,093,333, 333.33 75,637,666,666.67 16,767,333,333.33 18,005,000,000 18,687,000,000.00 14,606,000,000 16,459,000,000.00 15,543,000,000 17, 146, 333,333.33 48,154,000,000 52, 292, 333, 333.33 58,870,333,333.33 10,480,666,666.67 2,385, 333,333.33 1,421,333,333.33 1,579,666,666.67 2,124,666,666.67 12,321, 666,666.67 30, 313,333,333.33 36,891, 333, 333.33 10,505,666,666.67 (2,217,333,333.33) 8,288, 333, 333.33 28,603,000,000.00 (70,333.33) 28 602 929 666 67 Percentage 84.255 13.847 1.899 100.000 15.474 4.682 20.155 79.845 17.700 62.145 11.0649 2.518 1.500 1.6689 2.2435 13.0075 31.999 19.7265 17.3749 18.100 55.2015 38.9435 11.090 -2.341 8.7495 30.1949 0.000 20 1910
TEREST INCOME On loans and advances On investment securities On deposits with BSP and other banks TEREST EXPENSE On deposits On bills payable and other borrowed funds ET INTEREST INCOME ROVISION FOR CREDIT AND IMPAIRMENT LOSSES ET INTEREST INCOME AFTER PROVISION FOR CREDIT AND IMPAIRMENT LOSSES THER INCOME Fees and commissions Income from foreign exchange trading Securities trading gain Income attributable to insurance operations Netgains (losses) on disposals of investment securities at amortized cost Other operating income THER EXPENSES Compensation and fringe benefits Occupancy and equipment-related expenses Other operating expenses ROFIT BEFORE INCOME TAX ICOME TAX EXPENSE Current Deferred ET INCOME FROM CONTINUING OPERATIONS ET (LOSS) INCOME FROM DISCONTINUED OPERATIONS STINCOME ACTED TAY FOR EACH OF THE THREE YEARS IN THE PERIOD ENDED 2022 84,909,000,000 16,863,000,000 1,496,000,000 103,268,000,000 14,821,000,000 3,381,000,000 18,202,000,000 85,066,000,000 9,167,000,000 75,899,000,000 11,339,000,000 2,617,000,000 857,000,000 1,379,000,000 214,000,000 17,053,000,000 33,459,000,000 19,528,000,000 18,761,000,000 19,701,000,000 57,990,000,000 51,368,000,000 12,438,000,000 -906,000,000 11,532,000,000 39,836,000,000 0 20 926 000 000 2021 72,225,000,000 10,436,000,000 1,956,000,000 84,617,000,000 10,168,000,000 4,866,000,000 15,034,000,000 69,583,000,000 13,135,000,000 56,448,000,000 11,204,000,000 2,384,000,000 97,000,000 1,854,000,000 1,513,000,000 10,770,000,000 27,822,000,000 18,528,000,000 16,010,000,000 16,195,000,000 50,733,000,000 33,537,000,000 8,328,000,000 1,099,000,000 9,427,000,000 24,110,000,000 0 24 110 000 000 2020 82,312,000,000 12,052,000,000 1,944,000,000 96,308,000,000 18,986,000,000 5,058,000,000 24,044,000,000 72,264,000,000 28,000,000,000 44,264,000,000 8,899,000,000 2,155,000,000 3,310,000,000 1,506,000,000 4,647,000,000 9,142,000,000 29,659,000,000 25,769,000,000 10,751,000,000 -6,845,000,000 3,906,000,000 21,863,000,000 -211,000 3-Year Average 21 962 790 000 79,815,333,333.33 13,117,000,000.00 1,798,666,666.67 94,731,000,000.00 14,658, 333, 333.33 4,435,000,000.00 19,093,333, 333.33 75,637,666,666.67 16,767,333,333.33 18,005,000,000 18,687,000,000.00 14,606,000,000 16,459,000,000.00 15,543,000,000 17, 146, 333,333.33 48,154,000,000 52, 292, 333, 333.33 58,870,333,333.33 10,480,666,666.67 2,385, 333,333.33 1,421,333,333.33 1,579,666,666.67 2,124,666,666.67 12,321, 666,666.67 30, 313,333,333.33 36,891, 333, 333.33 10,505,666,666.67 (2,217,333,333.33) 8,288, 333, 333.33 28,603,000,000.00 (70,333.33) 28 602 929 666 67 Percentage 84.255 13.847 1.899 100.000 15.474 4.682 20.155 79.845 17.700 62.145 11.0649 2.518 1.500 1.6689 2.2435 13.0075 31.999 19.7265 17.3749 18.100 55.2015 38.9435 11.090 -2.341 8.7495 30.1949 0.000 20 1910
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
E.v.a.l.u.a.t.e. .a.n.d. .e.x.p.l.a.i.n. .t.h.e. .s.t.a.t.e.m.e.n.t. .o.f. i.n.c.o.m.e. .b.e.l.o.w.
Transcribed Image Text:INTEREST INCOME
On loans and advances
On investment securities
On deposits with BSP and other banks
INTEREST EXPENSE
On deposits
On bills payable and other borrowed funds
NET INTEREST INCOME
PROVISION FOR CREDIT AND
IMPAIRMENT LOSSES
NET INTEREST INCOME AFTER
PROVISION FOR CREDIT AND
IMPAIRMENT LOSSES
OTHER INCOME
Fees and commissions
yees and com
Income from foreign exchange trading
Securities trading gain
Income attributable to insurance operations
Netgains (losses) on disposals of
investment securities at amortized cost
Other operating income
OTHER EXPENSES
Compensation and fringe benefits
Occupancy and equipment-related expenses
Other operating expenses
PROFIT BEFORE INCOME TAX
INCOME TAX EXPENSE
Current
Deferred
NET INCOME FROM CONTINUING OPERATIONS
NET (LOSS) INCOME FROM
DISCONTINUED OPERATIONS
NET INCOME AFTER TAX
STATEMENT OF INCOME
FOR EACH OF THE THREE YEARS IN THE PERIOD ENDED
2022
84,909,000,000
16,863,000,000
1,496,000,000
103,268,000,000
14,821,000,000
3,381,000,000
18,202,000,000
85,066,000,000
9,167,000,000
75,899,000,000
11,339,000,000
2,617,000,000
857,000,000
1,379,000,000
214,000,000
17,053,000,000
33,459,000,000
19,528,000,000
18,761,000,000
19,701,000,000
57,990,000,000
51,368,000,000
12,438,000,000
-906,000,000
11,532,000,000
39,836,000,000
0
39,836,000,000
2021
72.225,000,000
10,436,000,000
1,956,000,000
84,617,000,000
10,168,000,000
4,866,000,000
15,034,000,000
69,583,000,000
13,135,000,000
56,448,000,000
11,204,000,000
2,384,000,000
97,000,000
1,854,000,000
1,513,000,000
10,770,000,000
27,822,000,000
18,528,000,000
16,010,000,000
16,195,000,000
50,733,000,000
33,537,000,000
8,328,000,000
1,099,000,000
9,427,000,000
24.110,000,000
0
24,110,000,000
2020
82,312,000,000
12,052,000,000
1,944,000,000
96,308,000,000
18,986,000,000
5,058,000,000
24,044,000,000
72,264,000,000
28,000,000,000
44,264,000,000
8,899,000,000
2,155,000,000
3,310,000,000
1,506,000,000
4,647,000,000
9,142,000,000
29,659,000,000
18,005,000,000
14,606,000,000
15,543,000,000
48,154,000,000
25,769,000,000
10,751,000,000
-6,845,000,000
3.906,000,000
21.863,000,000
-211,000
21,862,789,000
3-Year Average
79,815,333, 333.33
13,117,000,000,00
1,798, 666,666.67
94,731,000,000.00
14,658, 333, 333.33
4,435,000,000.00
19,093,333, 333.33
75,637,666,666.67
16,767,333,333.33
58,870, 333, 333.33
10,480, 666,666.67
2,385, 333, 333.33
1,421,333, 333.33
1,579,666,666.67
2,124,666,666.67
12,321, 666,666.67
30, 313, 333, 333.33
18,687,000,000.00
16,459,000,000.00
17,146,333,333.33
52, 292, 333, 333.33
36,891,333, 333.33
10,505,666,666.67
(2,217,333, 333.33)
8,288, 333, 333.33
28,603,000,000.00
(70,333.33)
28,602,929,666.67
Percentage
84.255%
13.847%
1.899%
100.000%
15.474%
4.682%
20.155%
79.845%
17.700%
62.145%
11.064%
2.518 %
1.500%
1.668%
2.243%
13.007%
31.999%
19.726%
17.374%
18.100%
55.201%
38.943%
11.090%
-2.341%
8.749%
30.194%
0.000%
30.194%
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