19 CONSOLIDATED FINANCIAL STATEMENTS
Universal Banks
as of end of periods indicated
in billion pesos
	Selected Accounts			UNIVERSAL BANKS
				March 2001	June 2001	Sept 2001	Dec 2001	March 2002	June 2002	Sept 2002	Dec 2002
	ASSET QUALITY INDICATORS 1/
		GROSS ASSETS 2/		2,366.628	2,403.515	2,433.650	2,433.744	2,458.786	2,504.582	2,528.437	2,670.350
		TOTAL LOAN PORTFOLIO, GROSS		1,178.339	1,178.118	1,199.194	1,249.791	1,253.585	1,229.483	1,255.337	1,290.375
		LOAN LOSS RESERVES		90.074	96.062	100.795	104.639	106.647	112.249	106.342	105.376
		INTERBANK LOANS RECEIVABLES		80.765	67.807	91.394	123.065	126.087	153.880	148.345	142.572
		RESTRUCTURED LOANS, GROSS		88.878	93.591	97.288	100.156	103.088	103.175	107.824	114.224
		RESTRUCTURED LOANS, CURRENT/PERFORMING		51.786	53.863	53.115	60.963	60.587	59.442	62.740	70.338
		NON-PERFORMING LOANS		215.969	221.455	238.376	234.659	248.481	235.101	224.445	214.549
		ROPOA, GROSS		121.163	127.038	130.395	139.577	145.036	148.881	153.325	159.519
		ALLOWANCE FOR ROPOA		3.498	6.203	6.361	6.448	6.540	7.678	7.985	8.954
		NON-PERFORMING ASSETS (NPA) 3/		337.132	348.493	368.771	374.236	393.517	383.982	377.770	374.068
		ALLOWANCE ON NPA		93.573	102.265	107.155	111.088	113.187	119.927	114.327	114.330
		DISTRESSED ASSETS  4/		388.918	402.356	421.886	435.199	454.104	443.424	440.510	444.406
		ROPOA, GROSS (Net of Performing SCR)
		PERFORMING SALES CONTRACT RECEIVABLES (SCR)
	1/ Pursuant to Circular No. 351 and 380
	2/ Refers to Total Assets, net of reserves plus Loan Loss Reserves (LLR) plus provision for ROPOA
	3/ Refers to NPLs plus ROPOA (effective June 2003, ROPOA net of Performing Sales Receivables)
	4/ Refers to the sum of Non Performing Loans, ROPOA (Gross) and Restructured Loans, current.
	Effective 31 July 2004, Restructured Loans, performing was used in lieu of Restructured Loans, current.
	Note: Details may not add-up to totals due to rounding-off
	Source: Supervisory Data Center, Supervision and Examination Sector