The Howa Bank Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2013	FY 2012	FY 2011	FY 2010	FY 2009
Period Ending	Jun '13 Jun 30, 2013	Mar '13 Mar 31, 2013	Mar '12 Mar 31, 2012	Mar '11 Mar 31, 2011	Mar '10 Mar 31, 2010	Mar '09 Mar 31, 2009
Interest Income on Loans	8,228	8,364	8,824	8,943	8,949	9,548
Interest Income on Investments	863	771	706	786	1,128	1,234
Total Interest Income	9,091	9,135	9,530	9,729	10,077	10,782
Interest Paid on Deposits	633	625	647	825	1,233	1,548
Interest Paid on Borrowings	274	274	272	237	200	201
Total Interest Expense	907	899	919	1,062	1,433	1,749
Net Interest Income	8,184	8,236	8,611	8,667	8,644	9,033
Net Interest Income Growth (YoY)	-5.09%	-4.35%	-0.65%	0.27%	-4.31%	-6.32%
Gain (Loss) on Sale of Assets	-2	-2	-15	-7	-10	23
Gain (Loss) on Sale of Investments	-6	-233	-	-734	-1,351	-1,292
Other Non-Interest Income	2,599	2,484	3,027	2,474	2,680	2,974
Total Non-Interest Income	2,591	2,249	3,012	1,733	1,319	1,705
Non-Interest Income Growth (YoY)	-14.91%	-25.33%	73.80%	31.39%	-22.64%	9.79%
Revenues Before Loan Losses	10,775	10,485	11,623	10,400	9,963	10,738
Provision for Loan Losses	2,554	2,446	2,385	1,620	654	-
Revenue	8,221	8,039	9,238	8,780	9,309	10,738
Revenue Growth (YoY)	-12.82%	-12.98%	5.22%	-5.68%	-13.31%	16.31%
Selling, General & Administrative	5,849	5,870	6,268	6,250	6,195	6,091
Other Non-Interest Expense	1,436	1,442	1,494	1,532	3,185	5,465
Total Non-Interest Expense	7,285	7,312	7,762	7,782	9,380	11,556
EBT Excluding Unusual Items	936	727	1,476	998	-71	-818
Asset Writedown	-1	-1	-1	-2	-58	-11
Other Unusual Items	-1	-1	-20	40	527	1,196
Pretax Income	934	725	1,455	1,036	398	367
Income Tax Expense	65	83	-25	43	7	262
Earnings From Continuing Operations	869	642	1,480	993	391	105
Minority Interest in Earnings	-	96	44	-4	-10	-5
Net Income	869	738	1,524	989	381	100
Preferred Dividends & Other Adjustments	380	380	381	387	404	-
Net Income to Common	489	358	1,143	602	-23	100
Net Income Growth	-52.09%	-51.58%	54.10%	159.58%	281.00%	-91.74%
Basic Shares Outstanding	6	6	6	6	6	6
Diluted Shares Outstanding	23	24	24	23	6	21
Shares Change (YoY)	-3.50%	-1.46%	3.80%	289.12%	-72.16%	4.77%
EPS (Basic)	82.71	60.54	193.09	101.66	-3.88	16.88
EPS (Diluted)	28.20	22.35	54.92	33.80	-3.88	4.70
EPS Growth	-57.40%	-59.30%	62.50%	-	-	-92.11%
Dividend Per Share	10.000	10.000	10.000	10.000	10.000	-
Effective Tax Rate	6.96%	11.45%	-	4.15%	1.76%	71.39%

Updated Aug 7, 2013. Source: S&P Global Market Intelligence. Banks template. Financial Sources.