Selling, General & Administrative

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter14: Financing Liabilities: Bonds And Long-term Notes Payable
Section: Chapter Questions
Problem 16P: Tenth National Bank has a 200,000, 12% note receivable from Priday Company that is due on December...
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Find the Selling, General & Administrative 2019: 

BANGKO SENTRAL NG PILIPINAS
INCOME STATEMENTS
For the Years Ended December 31, 2019 and 2018
(In Philippine Peso)
Note
2019
2018
(as restated)
2.8.1/33
82,418,360,056
67,576,377,472
2.8.3
11,091,443,042 (19,465,903,463)
28,636,192
12,221,263
0
573,798,652
331,250,516
424,450,373
93,869,689,806 49,120,944,297
(6,397,984,814) (4,320,947,041)
(917,189,455) (921,266,046)
(24,042,675)
0
(7,339,216,944) (5,242,213,087)
86,530,472,862 43,878,731,210
17,997,093,034
10,585,157,785
32,537
113,747
17,997,125,571
10,585,271,532
(38,290,197,323) (25,613,669,503)
(2,626,910,248) (1,569,967,887)
(852,096,126)
(58,080,338)
(41,769,203,697) (27,241,717,728)
(23,772,078,126) (16,656,446,196)
62,758,394,736 27,222,285,014
9,809,382,832 8,333,034,843
(12,472,751,338) (11,259,710,644)
(25,753,209,678) (22,529,373,121)
34,341,816,552
1,766,236,092
14,725,317,304
53,107,589,860
49,067,133,856 54,873,825,952
(2,828,194,387) (15,253,509,923)
46,238,939,469 39,620,316,029
Operating Income
Income from foreign currency financial assets
Interest income
Trading gain/(loss) - foreign
Fees - foreign
Premium received on call/put option
Miscellaneous income
Expenses on foreign currency financial liabilities
Interest expense
2.8.1/33
Other foreign currency expenses
Impairment on foreign currency financial
accounts
2.9.3/35
Foreign currency income
Income from local currency financial assets
Interest income
2.8.1/33
Trading gain domestic
Expenses on local currency financial liabilities
Interest expenses
2.8.1/33
Final tax paid on interest income/discounts
Impairment on local currency financial accounts 2.9.3/35
Local currency loss
Income from net financial accounts
Other operating income
34
Currency printing and minting cost
36
Operating expenses
37
Net income before FX rates fluctuation
Net gain on FX rates fluctuation
2.8.3/34
Net Income before income tax
Income tax expense
2.28/42
Net Income for the year
38
Transcribed Image Text:BANGKO SENTRAL NG PILIPINAS INCOME STATEMENTS For the Years Ended December 31, 2019 and 2018 (In Philippine Peso) Note 2019 2018 (as restated) 2.8.1/33 82,418,360,056 67,576,377,472 2.8.3 11,091,443,042 (19,465,903,463) 28,636,192 12,221,263 0 573,798,652 331,250,516 424,450,373 93,869,689,806 49,120,944,297 (6,397,984,814) (4,320,947,041) (917,189,455) (921,266,046) (24,042,675) 0 (7,339,216,944) (5,242,213,087) 86,530,472,862 43,878,731,210 17,997,093,034 10,585,157,785 32,537 113,747 17,997,125,571 10,585,271,532 (38,290,197,323) (25,613,669,503) (2,626,910,248) (1,569,967,887) (852,096,126) (58,080,338) (41,769,203,697) (27,241,717,728) (23,772,078,126) (16,656,446,196) 62,758,394,736 27,222,285,014 9,809,382,832 8,333,034,843 (12,472,751,338) (11,259,710,644) (25,753,209,678) (22,529,373,121) 34,341,816,552 1,766,236,092 14,725,317,304 53,107,589,860 49,067,133,856 54,873,825,952 (2,828,194,387) (15,253,509,923) 46,238,939,469 39,620,316,029 Operating Income Income from foreign currency financial assets Interest income Trading gain/(loss) - foreign Fees - foreign Premium received on call/put option Miscellaneous income Expenses on foreign currency financial liabilities Interest expense 2.8.1/33 Other foreign currency expenses Impairment on foreign currency financial accounts 2.9.3/35 Foreign currency income Income from local currency financial assets Interest income 2.8.1/33 Trading gain domestic Expenses on local currency financial liabilities Interest expenses 2.8.1/33 Final tax paid on interest income/discounts Impairment on local currency financial accounts 2.9.3/35 Local currency loss Income from net financial accounts Other operating income 34 Currency printing and minting cost 36 Operating expenses 37 Net income before FX rates fluctuation Net gain on FX rates fluctuation 2.8.3/34 Net Income before income tax Income tax expense 2.28/42 Net Income for the year 38
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