S.e.e. .t.h.e. .a.t.t.a.c.h.e.d. .p.i.c.t.u.r.e. .b.e.l.o.w.,. .o.n.l.y. .e.x.p.l.a.i.n.e.d. .t.h.e. .h.i.g.h. .p.e.r.c.e.n.t.a.g.e.s. .a.n.d. .a.l.s.o. .e.x.p.l.a.i.n.e.d. .t.h.e. .e.f.f.e.c.t. .o.f. .i.t.,. .i.t. .i.s. .g.o.o.d. .o.r. .b.a.d. .f.o.r. .a. .c.o.m.p.a.n.y M.a.k.e. .a. .s.h.o.r.t. .r.e.c.o.m.m.e.n.d.a.t.i.o.n
S.e.e. .t.h.e. .a.t.t.a.c.h.e.d. .p.i.c.t.u.r.e. .b.e.l.o.w.,. .o.n.l.y. .e.x.p.l.a.i.n.e.d. .t.h.e. .h.i.g.h. .p.e.r.c.e.n.t.a.g.e.s. .a.n.d. .a.l.s.o. .e.x.p.l.a.i.n.e.d. .t.h.e. .e.f.f.e.c.t. .o.f. .i.t.,. .i.t. .i.s. .g.o.o.d. .o.r. .b.a.d. .f.o.r. .a. .c.o.m.p.a.n.y M.a.k.e. .a. .s.h.o.r.t. .r.e.c.o.m.m.e.n.d.a.t.i.o.n
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
S.e.e. .t.h.e. .a.t.t.a.c.h.e.d. .p.i.c.t.u.r.e. .b.e.l.o.w.,. .o.n.l.y. .e.x.p.l.a.i.n.e.d. .t.h.e. .h.i.g.h. .p.e.r.c.e.n.t.a.g.e.s. .a.n.d. .a.l.s.o. .e.x.p.l.a.i.n.e.d. .t.h.e. .e.f.f.e.c.t. .o.f. .i.t.,. .i.t. .i.s. .g.o.o.d. .o.r. .b.a.d. .f.o.r. .a. .c.o.m.p.a.n.y
M.a.k.e. .a. .s.h.o.r.t. .r.e.c.o.m.m.e.n.d.a.t.i.o.n
Transcribed Image Text:INTEREST INCOME
On loans and Advances
On investment securities
On deposits with BSP and other banks
STATEMENTS OF INCOME
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
Income from foreign exchange trading
Securities trading gain
Income attributable to insurance operations
Net gains on disposals of investment securities at amortized cost
Other operating income
OTHER EXPENSES
Compensation and fringe benefits
Occupancy and equipment-related expense
Other operating expense
PROFIT BEFORE INCOME TAX
INCOME TAX EXPENSE
Current
Deferred
INCOME FROM CONTINUTING OPERATIONS
NET LOSS FROM DISCOUNTED OPERATIONS
NET INCOME AFTER TAX
3-Year Average
79,815,333,333
13,117,000,000
1,798,666,667
94,731,000,000
14,658,333,333
4,435,000,000
19,093,333,333
75,637,666,667
16,767,333,333
58,870,333,333
10,480,666,667
2,385,333,333
1,421,333,333
1,579,666,667
2,124,666,667
12,321,666,667
30,313,333,333
18,687,000,000
16,459,000,000
17,146,333,333
52,292,333,333
36,891,333,333
10,505,666,667
(2,217,333,333)
8,288,333,333
28,603,000,000
(70,333,333)
28,532,666,667
Percentage
84%
14%
1.90%
100%
15%
4.68%
20%
80%
18%
62%
11%
2.52%
1.50%
1.67%
2.24%
13%
32%
20%
17%
18%
55%
39%
11%
-2.34%
8.75%
30%
-0.07%
30%
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps
Follow-up Questions
Read through expert solutions to related follow-up questions below.
Follow-up Question
M.a.k.e. .m.o.r.e. .d.e.t.a.i.l.e.d. .i.n.f.o.r.m.a.t.i.o.n. .f.o.r. .m.e. .t.o. .u.n.d.e.r.s.t.a.n.d. .m.o.r.e.
Solution
by Bartleby ExpertRecommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education