Statements Of Income

In thousands of New Taiwan Dollars, except per share amounts
ITEMS 2023 2022
INTEREST INCOME 101,813,247 63,225,297
INTEREST EXPENSE (53,377,926) (18,151,219)
NET INTEREST INCOME 48,435,321 45,074,078

NET REVENUE OTHER THAN INTEREST

Net service fee revenue

20,710,468 18,053,206

Gains on financial assets or liabilities at fair value through profit or loss

13,954,648 5,400,275

Realized loss on financial assets at fair value through other comprehensive income

(2,699,232) (604,748)

Loss arising from derecognition of financial assets measured at amortised cost

(107,531) (128,826)

Foreign exchange gain

1,636,256 1,797,608

Impairment reversal (loss) on assets

5,933 (15,780)

Share of profit of associates and joint ventures accounted for using the equity method

536,573 516,220

Net other revenue other than interest income

835,301 1,185,249

NET REVENUE OTHER THAN INTEREST

34,872,416 26,203,204
NET REVENUE 83,307,737 71,277,282
BAD DEBTS EXPENSE, COMMITMENT AND GUARANTEE LIABILITY PROVISION (4,232,581) (4,407,253)

OPERATING EXPENSES

Employee benefits expenses

(20,612,116) (18,038,715)

Depreciation and amortization expense

(3,512,376) (3,326,249)

Other general and administrative expense

(19,295,165) (14,724,870)

TOTAL OPERATING EXPENSES

(43,419,657) (36,089,834)
PROFIT BEFORE TAX 35,655,499 30,780,195
INCOME TAX EXPENSE (6,850,000) (5,190,000)
NET INCOME 28,805,499 25,590,195
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX 7,436,700 (18,330,589)
BASIC EARNINGS PER SHARE (IN DOLLARS) $2.65 $2.36