|
|
|
| STATEMENTS OF INCOME |
For the Years Ended December 31, 2001 and 2000
(In Thousands of New Taiwan Dollars, Except Earnings Per Share) |
|
|
|
2001 |
2000 |
| Amount |
% |
Amount |
% |
| OPERATING REVENUES(Note2) |
|
|
|
|
| Interest |
$ 14,915,014 |
77 |
$ 16,192,080 |
82 |
| Service fees |
632,879 |
3 |
590,271 |
3 |
| Income from sale of securities - net |
3,700,282 |
19 |
2,773,237 |
14 |
| Equity in net income of investee companies - net |
24,930 |
- |
24,451 |
- |
| Foreign exchange gain - net |
223,659 |
1 |
167,510 |
1 |
| Other |
22,626 |
- |
- |
- |
|
|
| Total Operating Revenues |
19,519,390 |
100 |
19,747,549 |
100 |
|
| OPERATING COSTS |
|
|
|
|
| Interest |
10,521,157 |
54 |
12,020,452 |
61 |
| Service charges |
117,095 |
1 |
12,020,452 |
61 |
| Provisions for losses (Note 2) |
2,816,952 |
14 |
1,651,210 |
8 |
|
|
| Total Operating Costs |
13,455,204 |
69 |
13,778,128 |
70 |
|
| GROSS PROFIT |
6,064,186 |
31 |
5,969,421 |
30 |
|
|
|
|
|
|
| OPERATING EXPENSES |
|
|
|
|
| Administrative |
2,535,898 |
13 |
2,660,171 |
13 |
| General |
1,190,104 |
6 |
1,149,050 |
6 |
| Other |
16,880 |
- |
18,942 |
- |
|
|
| Total Operating Expenses |
3,742,882 |
19 |
3,828,163 |
19 |
|
| INCOME FROM OPERATIONS |
2,321,304 |
12 |
2,141,258 |
11 |
| NON-OPERATING INCOME |
259,779 |
1 |
327,868 |
1 |
| NON-OPERATING EXPENSES |
17,447 |
- |
19,009 |
- |
|
| INCOME BEFORE INCOME TAX |
2,563,636 |
13 |
2,450,117 |
12 |
| INCOME TAX (Notes 2 and 6) |
407,714 |
2 |
594,067 |
3 |
|
| NET INCOME |
$ 2,155,922 |
11 |
$ 1,856,050 |
9 |
|
| EARNINGS PER SHARE |
|
|
|
|
| Based on weighted average shares outstanding, 1,803,810 thousand shares in 2001 and 1,733,417 thousand shares in 2000 |
$1.2 |
|
$1.07 |
|
|
| Based on 1,803,810 thousand shares - representing weighted average shares outstanding in 2000 adjusted to reflect stock dividends and stock bonuses distributed in 2001 |
|
|
$1.03 |
|
|
|
| The accompanying notes are an integral part of the financial statements. |
|
|
|
