Income-Expenditure (USD Million) March 2019 Interest income 113 Interest on loans 100 Interest received from reserve deposits 2 Interest received from banks 7 Interest received from money market transactions Interest received from marketable securities portfolio Other interest income 3 Interest expenses (-) Interest on deposits 84 65 Interest on funds borrowed 9. Interest on money market transactions Interest on securities issued Other interest expenses 2 Net interest income/expenses Net fees and commissions income/expenses Fees and commissions received Fees and commissions paid (-) Divident income Trading income or loss (net) Profit/loss on capital market transactions Profit/losses on derivative financial transactions 29 10 12 1 25 16 Foreign exchange profit/loss 5 Other operating income 20 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 (± ) 85 50 11 11 12 12 -1 Net profit/loss from continuing operations Net profit/loss from discontinued operations 11 Net Profit/Losses 11
Income-Expenditure (USD Million) March 2019 Interest income 113 Interest on loans 100 Interest received from reserve deposits 2 Interest received from banks 7 Interest received from money market transactions Interest received from marketable securities portfolio Other interest income 3 Interest expenses (-) Interest on deposits 84 65 Interest on funds borrowed 9. Interest on money market transactions Interest on securities issued Other interest expenses 2 Net interest income/expenses Net fees and commissions income/expenses Fees and commissions received Fees and commissions paid (-) Divident income Trading income or loss (net) Profit/loss on capital market transactions Profit/losses on derivative financial transactions 29 10 12 1 25 16 Foreign exchange profit/loss 5 Other operating income 20 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 (± ) 85 50 11 11 12 12 -1 Net profit/loss from continuing operations Net profit/loss from discontinued operations 11 Net Profit/Losses 11
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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Question
What is net income ?
Transcribed Image Text:Income-Expenditure
(USD Million)
March 2019
Interest income
113
Interest on loans
100
Interest received from reserve deposits
2
Interest received from banks
7
Interest received from money market transactions
Interest received from marketable securities portfolio
Other interest income
Interest expenses ( - )
Interest on deposits
Interest on funds borrowed
3
84
65
9
Interest on money market transactions
Interest on securities issued
Other interest expenses
Net interest income/expenses
Net fees and commissions income/expenses
9
2
29
10
Fees and commissions received
12
Fees and commissions paid ( - )
Divident income
Trading income or loss (net)
Profit/loss on capital market transactions
Profit/losses on derivative financial transactions
1
25
16
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
Personnel expenses
5
20
85
50
) (TFRS 9 not applied)
11
Other operating expenses (- )
Net operating profit/loss
Surplus written as gain after merger
11
12
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
12
-1
11
Net Profit/Losses
11
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