My first Publication ocbc_ar17_fullreport_english | Page 182

NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2017
5.
FEES AND COMMISSIONS (NET)
GROUP
2017
$’000
Fee and commission income
Fee and commission expense
Fees and commissions (net)
Analysed by major sources:
Brokerage
Credit card
Fund management
Guarantees
Investment banking
Loan-related
Service charges
Trade-related and remittances
Wealth management
Others
BANK
2016
$’000
2017
$’000
2016
$’000
2,059,514
(106,998)
1,952,516 1,702,598
(64,310)
1,638,288 925,062
(16,498)
908,564 821,871
(712)
821,159
72,417
160,761
108,294
18,954
94,138
291,672
100,449
216,490
852,045
37,296
1,952,516 65,257
158,962
98,721
19,761
62,560
303,849
95,945
208,657
587,790
36,786
1,638,288 333
125,370
48
9,610
74,230
207,513
81,118
154,998
251,528
3,816
908,564 192
124,367
95
11,818
49,589
235,692
76,662
149,895
170,091
2,758
821,159
2017
$’000 2016
$’000 2017
$’000 2016
$’000
–
–
12,000
64,383
76,383 –
–
9,697
91,655
101,352 529,499
19,330
5,790
4,434
559,053 557,558
34,279
3,026
22,481
617,344
2017
$’000 2016
$’000 2017
$’000 253,571 344,364 100,872
(101,600)
(728)
104,274
156,696
1,008
514,821
405,431
26,056
32,985
(240)
56,818
21,880
10,033
6,698
1,074,482 (116,468)
116,450
(18)
245,764
(62,814)
1,764
529,060
198,126
–
(18,478)
(1,256)
160,815
47,510
10,458
31,542
957,777
6. DIVIDENDS
GROUP
Subsidiaries
Associates
Trading and fair value through profit or loss securities
Available-for-sale securities
7.
BANK
OTHER INCOME
GROUP
Foreign exchange (1)
Hedging activities (2)
Hedging instruments
Hedged items
Fair value hedges
Interest rate and other derivatives (3)
Trading and fair value through profit or loss securities
Others
Net trading income
Disposal of securities classified as available-for-sale
Disposal of securities classified as loans and receivables
Disposal of interests in subsidiaries and associates
Disposal of plant and equipment
Disposal of property
Computer-related services income
Property-related income
Others
BANK
(739)
95,249
(95,648)
(399)
67,828
91,135
652
158,477
61,678
–
270,730
(97)
10,937
–
293
3,428
505,446
2016
$’000
185,106
(117,745)
117,619
(126)
143,316
(99,011)
1,603
230,888
98,007
–
4,866
(1,384)
138,689
–
369
19,077
490,512
“Foreign exchange” includes gains and losses from spot and forward contracts and translation of foreign currency assets and liabilities.
“Hedging activities” arise from the use of derivatives to hedge exposures to interest rate and foreign exchange risks, which are inherent in the
underlying “Hedged items”.
(3)
“Interest rate and other derivatives” include gains and losses from interest rate derivative instruments, equity options and other derivative instruments.
(1)
(2)
180
OCBC ANNUAL REPORT 2017