6      CONSOLIDATED FINANCIAL STATEMENTS
Philippine Banking System
as of end of periods indicated
in billion pesos
	Selected Accounts			ALL BANKS
				March 2005	June 2005	September 2005	December 2005
	CONSOLIDATED STATEMENT OF CONDITION
	ASSETS			4,250.967	4,332.422	4,240.978	4,319.412
		CASH AND DUE FROM BANKS		322.555	330.708	353.225	385.803
		TOTAL LOAN PORTFOLIO, GROSS		2,084.530	2,165.465	2,074.491	2,153.568
		Interbank Loans Receivable		304.519	318.163	313.706	349.176
		Loans and Discounts		1,093.758	1,123.084	1,128.919	1,124.016
		Agra/Agri Credit Loans		172.489	175.622	180.364	188.594
		Development Incentive Loans		50.290	49.608	54.203	69.090
		Bills Purchased		60.066	63.305	60.592	56.975
		Customers' Liabilities - LC/TR		104.525	113.836	107.839	104.261
		Customers' Liabilities - Accept O/S		9.103	8.397	8.909	7.844
		Trading Account Securities - Loans		110.583	136.137	46.414	82.500
		Underwriting Accounts		2.358	2.358	2.358	2.800
		Restructured Loans		125.384	120.335	113.787	106.044
		Credit Card Receivables		49.537	51.909	54.368	58.963
		Microfinance Loans		1.917	2.712	3.032	3.306
		ACCUM. MARKET GAIN/LOSS - LOANS		0.000	0.000	0.000	0.000
		ALLOW. FOR PROBABLE LOSSES - LOANS		155.582	151.519	149.880	144.870
		TOTAL LOAN PORTFOLIO, NET		1,928.948	2,013.946	1,924.611	2,008.698
		TOTAL INVESTMENTS, GROSS		1,406.734	1,383.940	1,361.873	1,280.999
		Underwriting Accounts - Equity Securities		0.307	0.058	0.050	0.050
		Trading Account Securities - Investments		179.838	172.562	158.669	137.666
		Trading Account Securities - Equity		0.523	0.696	0.231	0.253
		Avaiable for Sale Securities (ASS)		605.635	554.319	523.134	614.364
		Investment in Bonds and Other Debt Instruments		516.676	552.151	567.738	429.782
		Equity Investments - Allied/Non-Allied Undertakings		103.755	104.155	112.050	98.884
		ACCUM. MARKET GAIN/LOSS - INVESTMENTS		(1.349)	1.331	2.596	9.774
		ALLOW. FOR PROBABLE LOSSES - INVESTMENTS		9.722	11.744	11.352	7.166
		TOTAL INVESTMENTS, NET		1,395.663	1,373.528	1,353.118	1,283.607
		FIXED ASSETS		95.373	96.037	96.902	94.278
		ROPOA, GROSS		246.879	240.243	243.405	235.309
		ALLOWANCE FOR PROBABLE LOSSES - ROPOA		18.501	20.352	20.535	22.646
		ROPOA, NET		228.377	219.891	222.870	212.663
		OTHER ASSETS		280.052	298.311	290.252	334.363
	LIABILITIES AND CAPITAL			4,250.967	4,332.422	4,240.978	4,319.412
	Liabilities			3,735.624	3,817.441	3,720.371	3,801.319
		DEPOSIT LIABILITIES		2,851.854	2,917.367	2,917.030	2,970.740
		Domestic		1,954.963	2,021.817	2,021.631	2,086.675
		Demand and Now		350.526	367.815	360.572	374.438
		Savings		1,141.037	1,166.200	1,167.514	1,206.432
		Time		463.400	487.802	493.545	505.805
		Foreign Currency		896.891	895.551	895.398	884.065
		BILLS PAYABLE		399.191	433.846	445.822	464.599
		Deposit Substitutes		8.875	4.921	4.991	3.643
		Others		390.316	428.925	440.830	460.957
		SPECIAL FINANCING		0.249	0.233	0.205	0.202
		Time Certificates of Deposits - SF		0.123	0.100	0.100	0.100
		Special Time Deposits		0.126	0.132	0.105	0.102
		UNSECURED SUBORDINATED DEBT		50.450	50.744	51.836	50.799
		OTHER LIABILITIES		433.879	415.251	305.479	314.978
	Capital Accounts			515.343	514.980	520.607	518.093
		CAPITAL STOCK		229.036	231.149	231.907	234.062
		ASSIGNED CAPITAL		15.989	16.089	16.089	16.089
		NET DUE TO H.O. BRANCHES/AGENCIES		60.059	57.431	58.555	58.607
		SURPLUS, SURPLUS RESERVES, UNDIVIDED PROFITS & APPRAISAL INCREMENT RESERVE		210.259	210.311	214.056	209.334
	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: Supervisory Data Center, Supervision and Examination Sector