What is net income ?251+113=364 or only 251 ????? Income-Expenditure(USD Million)March 2019Interest income1.542Interest on loans1.219Interest received from reserve deposits21Interest received from banksInterest received from money market transactionsInterest received from marketable securities portfolioOther interest incomeInterest expenses ( - )Interest on deposits262714943703Interest on funds borrowed76Interest on money market transactions73Interest on securities issued75Other interest expensesNet interest income/expensesNet fees and commissions income/expensesFees and commissions receivedFees and commissions paid ( - )Divident income17599200254541Trading income or loss (net)Profit/loss on capital market transactionsProfit/losses on derivative financial transactions5211475-434Foreign exchange profit/lossOther operating incomeGross profit from operating activitiesAllowances for expected credit losses ( -) (TFRS 9 applied)Other provison expenses (- ) (TFRS 9 applied)Provision for loan losses ( - ) (TFRS 9 not applied)Personnel expenses (- )Other operating expenses ( -)Net operating profit/lossSurplus written as gain after mergerProfit/losses from equity method applied subsidiariesNet monetory position gain/lossProfit/loss before taxes from continuing operationsProvisions for taxes on income from continuing operations (+Net profit/loss from continuing operationsNet profit/loss from discontinued operations378892258811317129227319-68251Net Profit/Losses251

Net income (NI), also called net earnings

Answered: What is net income ? 251+113 =364 or…

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What is net income ? 251+113 =364 or only 251 ?????

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

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Question

What is net income ?

251+113

=364 or only 251 ?????

Income-Expenditure
(USD Million)
March 2019
Interest income
1.542
Interest on loans
1.219
Interest received from reserve deposits
21
Interest received from banks
Interest received from money market transactions
Interest received from marketable securities portfolio
Other interest income
Interest expenses ( - )
Interest on deposits
26
271
4
943
703
Interest on funds borrowed
76
Interest on money market transactions
73
Interest on securities issued
75
Other interest expenses
Net interest income/expenses
Net fees and commissions income/expenses
Fees and commissions received
Fees and commissions paid ( - )
Divident income
17
599
200
254
54
1
Trading income or loss (net)
Profit/loss on capital market transactions
Profit/losses on derivative financial transactions
52
11
475
-434
Foreign exchange profit/loss
Other operating income
Gross profit from operating activities
Allowances for expected credit losses ( -) (TFRS 9 applied)
Other provison expenses (- ) (TFRS 9 applied)
Provision for loan losses ( - ) (TFRS 9 not applied)
Personnel expenses (- )
Other operating expenses ( -)
Net operating profit/loss
Surplus written as gain after merger
Profit/losses from equity method applied subsidiaries
Net monetory position gain/loss
Profit/loss before taxes from continuing operations
Provisions for taxes on income from continuing operations (+
Net profit/loss from continuing operations
Net profit/loss from discontinued operations
37
889
225
88
113
171
292
27
319
-68
251
Net Profit/Losses
251

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