My first Publication ocbc_ar17_fullreport_english | Page 161

INCOME STATEMENTS For the financial year ended 31 December 2017 GROUP Note Interest income Interest expense Net interest income Premium income Investment income Net claims, surrenders and annuities Change in life assurance fund contract liabilities Commission and others Profit from life assurance Premium income from general insurance Fees and commissions (net) Dividends Rental income Other income Non-interest income 3 4 5 6 7 Total income Staff costs Other operating expenses Total operating expenses 8 Operating profit before allowances and amortisation Amortisation of intangible assets Allowances for loans and impairment for other assets 37 9 Operating profit after allowances and amortisation Share of results of associates Profit before income tax Income tax expense Profit for the year 10 Attributable to: Equity holders of the Bank Non-controlling interests Earnings per share (cents) Basic Diluted 2017 $’000 BANK 2016 $’000 2017 $’000 2016 $’000 9,118,036 (3,694,914) 5,423,122 8,368,226 (3,316,098) 5,052,128 5,046,548 (2,169,170) 2,877,378 4,388,005 (1,708,424) 2,679,581 12,117,323 4,116,594 (5,339,253) (8,107,704) (1,910,788) 876,172 149,753 1,952,516 76,383 83,065 1,074,482 4,212,371 9,067,287 2,359,344 (4,820,864) (4,657,169) (1,449,630) 498,968 150,325 1,638,288 101,352 90,455 957,777 3,437,165 – – – – – – – 908,564 559,053 52,965 505,446 2,026,028 – – – – – – – 821,159 617,344 57,792 490,512 1,986,807 9,635,493 8,489,293 4,903,406 4,666,388 (2,470,683) (1,562,933) (4,033,616) (2,346,597) (1,441,931) (3,788,528) (851,833) (919,268) (1,771,101) (812,837) (848,098) (1,660,935) 5,601,877 4,700,765 3,132,305 3,005,453 (103,829) (671,548) (96,264) (725,860) – (708,255) – (450,072) 4,826,500 3,878,641 2,424,050 2,555,381 389,221 396,724 – – 5,215,721 (802,945) 4,412,776 4,275,365 (628,873) 3,646,492 4,146,438 266,338 4,412,776 3,473,092 173,400 3,646,492 97.6 97.4 82.2 82.2 2,424,050 (331,727) 2,092,323 2,555,381 (268,076) 2,287,305 11 The accompanying notes, as well as the Capital Management and Risk Management sections, form an integral part of these financial statements. BUILDING ON OUR CORPORATE STRATEGY FOR SUSTAINABLE GROWTH 159