What is net income ?251+113 = 364 ??? İs true or not 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

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

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Finance

What is net income ? 251+113 = 364 ??? İs true or not

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter9: Long-term Liabilities

Section: Chapter Questions

Problem 89E: Ratio Analysis Rising Stars Academy provided the following information on its 2019 balance sheet and...

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