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