19 CONSOLIDATED FINANCIAL STATEMENTS                  
Universal and Commercial Banks
as of end of periods indicated
in billion pesos
 
Selected Accounts UNIVERSAL AND COMMERCIAL BANKS  
  March 2003 June 2003 Sept 2003 Dec 2003 March 2004 June 2004 Sept 2004 Dec 2004
   
ASSET QUALITY INDICATORS
GROSS ASSETS 1/ 3,270.122 3,331.723 3,337.641 3,441.174 3,567.401 3,634.884 3,671.995 3,770.636
TOTAL LOAN PORTFOLIO, GROSS 1,638.494 1,697.880 1,719.914 1,747.151 1,782.535 1,778.660 1,789.138 1,784.240
LOAN LOSS RESERVES 126.772 130.609 124.849 130.013 129.817 130.910 131.737 137.123
INTERBANK LOANS RECEIVABLES 185.509 263.188 256.311 274.013 326.672 286.238 298.347 254.840
RESTRUCTURED LOANS, GROSS 129.920 135.976 133.329 134.303 134.310 138.546 133.242 123.492
RESTRUCTURED LOANS, CURRENT/PERFORMING 76.417 82.905 77.604 79.848 77.252 81.111 61.697 64.927
NON-PERFORMING LOANS 2/ 253.917 258.334 249.148 245.508 247.778 244.853 248.754 227.028
ROPOA, GROSS 185.396 190.869 198.571 202.299 206.117 207.511 208.510 210.834
ALLOWANCE FOR ROPOA 10.364 13.202 13.283 13.990 14.559 14.591 15.492 15.907
NON-PERFORMING ASSETS (NPA) 3/ 439.313 445.343 442.387 442.270 447.997 446.837 450.414 430.392
ALLOWANCE ON NPA 137.136 143.811 138.132 144.003 144.376 145.501 147.229 153.031
DISTRESSED ASSETS  4/ 515.730 531.709 525.322 527.655 531.147 533.475 518.960 502.789
ROPOA, GROSS (Net of Performing SCR) 185.396 187.009 193.240 196.762 200.219 201.984 201.660 203.364
PERFORMING SALES CONTRACT RECEIVABLES (SCR) 0.000 3.860 5.331 5.537 5.898 5.527 6.850 7.470
 
 
1/ Refers to Total Assets, net of reserves plus Loan Loss Reserves (LLR) plus provision for ROPOA
2/ In accordance with Circular 351
3/ Refers to NPLs plus ROPOA (effective June 2003, ROPOA net of Performing Sales Receivables) per Circular 380
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