17 CONSOLIDATED FINANCIAL STATEMENTS                  
  Universal Banks
  as of end of periods indicated
  in billion pesos
 
Selected Accounts UNIVERSAL BANKS
 
  March 1999 June 1999 Sept 1999 Dec 1999 March 2000 June 2000 Sept 2000 Dec 2000
CONSOLIDATED STATEMENT OF CONDITION
  ASSETS 1,963.812 2,023.377 2,115.261 2,190.566 2,136.577 2,136.362 2,199.549 2,314.390
CASH AND DUE FROM BANKS 221.062 226.439 213.235 241.073 195.694 228.276 214.644 243.078
TOTAL LOAN PORTFOLIO, GROSS 1,202.974 1,216.882 1,272.655 1,287.077 1,247.642 1,183.800 1,228.233 1,247.351
   Interbank Loans Receivable 123.048 151.334 157.871 184.428 155.076 103.930 120.216 105.977
   Loans and Discounts 881.967 852.850 860.942 851.952 815.880 817.599 832.613 847.871
   Agra/Agri Credit Loans 31.063 30.711 30.474 34.612 39.601 38.401 35.254 34.892
   Development Incentive Loans 0.000 4.311 7.818 8.860 16.447 21.515 21.228 16.444
   Bills Purchased 27.479 28.010 30.946 28.930 31.232 28.520 36.065 40.453
   Customers' Liabilities - LC/TR 72.592 69.892 72.670 73.102 71.092 71.327 74.791 77.278
   Customers' Liabilities - Accept O/S 7.263 7.374 7.870 8.396 8.770 7.829 9.705 10.051
   Trading Account Securities - Loans 10.250 21.905 44.427 27.866 37.744 21.799 24.501 24.480
   Underwriting Accounts 3.532 0.592 1.009 0.990 0.757 0.684 0.684 0.659
   Restructured Loans 45.779 49.903 58.631 67.943 71.042 72.195 73.176 89.246
   Credit Card Receivables 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
   Microfinance Loans 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
ACCUM. MARKET GAIN/LOSS - LOANS 0.000 0.000 (0.470) (0.486) (0.304) (0.462) (0.503) (0.537)
ALLOW. FOR PROBABLE LOSSES - LOANS 55.673 61.327 64.509 78.372 81.634 84.432 87.460 88.275
TOTAL LOAN PORTFOLIO, NET 1,147.300 1,155.555 1,207.676 1,208.219 1,165.703 1,098.907 1,140.269 1,158.539
TOTAL INVESTMENTS, GROSS 359.810 378.549 393.708 394.885 430.100 459.110 466.824 509.674
  Underwriting Accounts - Equity Securities 0.000 0.778 0.553 0.289 0.262 0.262 0.262 0.239
  Trading Account Securities - Investments 35.598 39.101 40.211 52.975 55.656 61.383 32.363 27.419
  Trading Account Securities - Equity 0.000 1.428 1.387 4.704 6.043 6.162 5.738 5.715
  Avaiable for Sale Securities (ASS) 0.000 39.050 38.492 44.552 61.372 62.506 56.864 39.891
  Investment in Bonds and Other Debt Instruments 260.207 230.226 243.791 223.348 237.612 252.378 295.487 360.391
  Equity Investments - Allied/Non-Allied Undertakings 64.004 67.966 69.275 69.017 69.155 76.420 76.110 76.019
ACCUM. MARKET GAIN/LOSS - INVESTMENTS 0.000 0.415 0.630 (0.042) 1.071 0.699 (1.059) (2.195)
ALLOW. FOR PROBABLE LOSSES - INVESTMENTS 3.290 3.315 3.543 2.491 2.687 2.652 3.018 2.353
TOTAL INVESTMENTS, NET 356.520 375.648 390.795 392.351 428.485 457.158 462.747 505.125
FIXED ASSETS 62.657 63.046 66.572 68.713 68.626 70.477 75.191 76.111
ROPOA, GROSS 47.658 60.609 66.759 91.590 96.264 100.755 106.935 118.331
ALLOWANCE FOR PROBABLE LOSSES - ROPOA 1.037 1.036 1.233 1.362 2.526 2.183 2.749 3.011
ROPOA, NET 46.621 59.573 65.526 90.229 93.739 98.572 104.186 115.320
OTHER ASSETS 129.651 143.117 171.457 189.981 184.331 182.973 202.511 216.217
   LIABILITIES AND CAPITAL 1,963.812 2,023.377 2,115.261 2,190.566 2,136.577 2,136.362 2,199.549 2,314.390
Liabilities 1,698.711 1,753.144 1,818.846 1,895.623 1,845.795 1,846.854 1,909.091 2,016.010
DEPOSIT LIABILITIES 1,315.535 1,335.918 1,401.878 1,459.840 1,436.800 1,430.386 1,449.851 1,504.071
   Domestic 844.956 888.553 922.807 970.625 967.686 966.777 963.430 995.869
      Demand and Now 130.585 143.200 149.539 147.973 159.939 160.437 160.719 156.851
      Savings 680.267 704.941 730.820 780.789 763.146 762.718 758.914 795.151
      Time 34.104 40.412 42.447 41.864 44.601 43.622 43.798 43.868
   Foreign Currency 470.578 447.364 479.071 489.214 469.114 463.609 486.420 508.202
BILLS PAYABLE 231.921 262.929 254.530 284.924 254.369 262.338 285.321 334.469
   Deposit Substitutes 5.297 4.864 3.402 6.943 7.502 6.903 10.279 4.283
   Others 226.623 258.064 251.128 277.980 246.867 255.435 275.042 330.186
SPECIAL FINANCING 3.457 3.241 3.255 3.882 2.117 1.963 1.876 1.868
   Time Certificates of Deposits - SF 3.457 3.233 3.244 2.615 0.590 0.360 0.200 0.180
   Special Time Deposits 0.000 0.008 0.011 1.267 1.527 1.603 1.676 1.689
UNSECURED SUBORDINATED DEBT 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
OTHER LIABILITIES 147.799 151.056 159.182 146.978 152.508 152.167 172.043 175.602
Capital Accounts 265.101 270.234 296.416 294.943 290.782 289.508 290.458 298.381
  CAPITAL STOCK 106.914 110.184 122.428 125.930 125.692 122.729 117.013 125.176
  ASSIGNED CAPITAL 1.144 1.144 2.494 2.494 2.588 2.588 2.588 2.588
  NET DUE TO H.O. BRANCHES/AGENCIES 3.432 3.432 7.482 7.482 7.763 7.763 7.763 7.763
  SURPLUS, SURPLUS RESERVES, UNDIVIDED PROFITS & APPRAISAL INCREMENT RESERVE 153.611 155.473 164.011 159.037 154.740 156.429 163.095 162.854
                       
 
Note: Presented data are based on financial statements periodically submitted by banks in accordance with existing regulations.
Said submissions are processed and aggregated to derive industry results.  For unsubmitted and/or defective bank reports
for the period, the most recent processed report available is used as proxy in the generation of said industry aggregates.
Details may not add up to totals due to rounding.
Source: Bangko Sentral ng Pilipinas