1.6 DIRECT INVESTMENT                                        
  in million U.S. dollars                                              
  2005 r/  
              1999 r/ 2000 r/ 2001 r/ 2002 r/ 2003 r/ 2004 r/   Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec   2005 r/  
  DIRECT INVESTMENT 1114 2115 335 1477 188 109 386 37 90 108 6 3 28 412 -131 104 205 -26 1222  
   
  ASSETS :  Residents' Investments Abroad 133 125 -140 65 303 579 4 -1 23 8 5 6 17 -3 -1 31 -9 82 162  
   
  Equity  capital 133 125 -140 65 303 579 4 -1 23 8 5 6 17 -3 -1 31 -9 82 162  
   
  Claims on affiliated enterprises 133 125 -140 65 303 579 4 -1 23 8 5 6 17 -3 -1 31 -9 82 162  
  Placements 0 0 0 0 0 0 5 4 25 9 6 8 18 -2 0 32 -8 84 181  
  Withdrawals 0 0 0 0 0 0 1 5 2 1 1 2 1 1 1 1 1 2 19  
   
  Liabilities to affiliated enterprises 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Reinvested earnings 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Other Capital 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Claims on affiliated enterprises 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Liabilities to affiliated enterprises 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  LIABILITIES : Non-residents' Investments 1247 2240 195 1542 491 688 390 36 113 116 11 9 45 409 -132 135 196 56 1384  
   in the Philippines  
   
  Equity  capital 1178 1333 556 1607 249 750 344 34 74 86 71 46 54 297 21 39 22 48 1136  
   
  Claims on direct investors 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Liabilities to direct investors 1178 1333 556 1607 249 750 344 34 74 86 71 46 54 297 21 39 22 48 1136  
  Placements 347 36 163 118 73 47 60 301 27 43 42 59  
  Withdrawals 3 2 89 32 2 1 6 4 6 4 20 11  
   
  Reinvested earnings 449 -334 -258 235 168 141 78 17 6 4 14 7 16 16 -15 12 8 -23 140  
  Claims 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Liabilities 449 -334 -258 235 168 141 78 17 6 4 14 7 16 16 -15 12 8 -23 140  
   
  Other Capital -380 1241 -103 -300 74 -203 -32 -15 33 26 -74 -44 -25 96 -138 84 166 31 108  
   
  Claims on direct investors 582 -753 565 227 1 -96 4 16 -85 26 81 17 31 -91 110 -108 -146 -45 -190  
  Liabilities to direct investors 202 488 462 -73 75 -299 -28 1 -52 52 7 -27 6 5 -28 -24 20 -14 -82  
                                                         
  r/  Revised to reflect:  a) late reports; b) post audit adjustments; and c) final data from companies.  
  Note:    Balance is derived by deducting assets from liabilities.