15   SELECTED PERFORMANCE RATIOS                        
             Universal and Commercial Banking System                  
              for the periods indicated                        
              in percent                        
2007
Jan Feb Mar April May Jun July August September October November December r/
                         
Annual Growth Rates   
 
   Balance Sheet  
       Total Assets 1/ 12.9 12.5 14.0 15.3 9.3 8.4 9.4 7.9 7.4 4.1 5.0 4.6
          Cash and Due From Banks 77.3 99.8 96.6 86.6 82.0 79.9 95.2 87.3 63.2 40.0 27.4 20.0
          Interbank Loans Receivable 18.0 17.6 7.7 18.5 21.8 22.4 16.2 (1.4) 7.9 (17.0) (13.0) (15.3)
          Loans, gross (exclusive of IBL) 9.6 8.1 8.4 12.1 4.8 5.9 3.7 2.3 3.8 (0.4) 3.8 5.3
             Allowance for Probable Losses (12.1) (13.8) (18.5) (18.6) (14.4) (17.7) (17.7) (18.3) (18.5) (18.3) (16.6) (14.8)
          Loans, net (exclusive of IBL) 11.2 9.8 10.4 14.5 6.2 7.6 5.3 3.8 5.5 0.9 5.2 6.4
          Investments, net 1.9 2.1 4.6 3.8 0.6 (3.6) (1.3) (1.7) (1.5) (1.5) (2.8) (2.1)
          ROPOA, net (11.1) (12.7) (13.9) (15.8) (13.1) (12.5) (14.9) (14.3) (13.8) (15.6) (14.2) (10.5)
          Other Assets 2/ 16.0 (0.3) 1.8 5.6 (2.6) (5.8) (3.7) (4.6) (2.6) 4.8 11.0 1.2
       Total Liabilities 13.7 13.4 15.4 16.7 9.4 8.3 10.2 8.8 7.6 4.2 5.6 4.4
          Deposits 18.9 18.6 21.0 23.1 12.7 12.3 12.3 8.5 6.7 4.5 3.2 3.7
          Bills Payable (18.7) (14.2) (16.7) (20.7) (15.7) (19.5) (6.5) 6.6 11.0 (3.9) 17.1 6.7
          Special Financing (81.3) (93.4) (62.8) (63.0) (62.4) (63.0) (59.3) (59.3) (14.5) (15.2) (15.4) (15.4)
          Unsecured Subordinated Debt 43.6 44.6 42.2 39.3 35.8 34.7 35.3 24.3 10.7 (0.1) 4.5 7.1
          Other Liabilities 5.5 (4.3) 3.1 2.7 4.2 0.3 6.0 10.9 11.7 12.2 16.2 8.2
       Total Capital Accounts 3/ 7.1 6.1 4.7 5.8 9.2 9.3 2.9 1.4 6.3 3.2 1.0 6.3
 
   Income Statement   
       Total Operating Income 7.3 12.0 9.3 22.1
           Net Interest Income 10.2 5.7 9.6 32.6
           Non-Interest Income 3.4 24.0 8.7 8.7
       Operating Expenses 9.9 13.1 13.4 6.0
          Bad Debts / Provisions for Probable Losses (93.3) (87.8) (82.2) (79.4)
          Other Operating Expenses 9.0 9.6 11.5 10.0
       Net Operating Income 1.2 9.1 (1.0) 8.1
       Extraordinary Credits/(Charges) 50.0 30.8 28.1 46.0
       Net Income After Tax (NIAT) 9.7 15.0 3.6 10.5
 
Key Financial Ratios  
 
       NPL Ratio (inclusive of IBL) 5.6 5.6 5.3 5.3 5.3 5.2 5.2 5.3 5.2 5.3 5.0 4.4
       NPL Ratio (exclusive of IBL) 7.0 7.0 6.6 6.4 6.6 6.5 6.3 6.3 6.3 6.2 5.9 5.3
       NPA to Gross Assets  6.2 6.2 5.8 5.8 5.9 5.7 5.6 5.7 5.7 5.7 5.5 5.2
       Cash and Due from Banks to Deposits 18.2 19.4 20.6 20.1 20.1 20.4 21.8 21.6 21.1 21.3 21.1 21.0
       Liquid Assets to Deposits 53.0 54.0 55.6 54.3 56.3 57.0 58.6 59.1 58.1 57.6 56.6 54.4
       Loans, gross to Deposits 67.5 66.9 65.6 65.4 65.1 63.3 63.1 64.0 65.8 66.2 69.0 69.2
       Earning Asset Yield * 4/ 8.3 8.1 8.2 7.7
       Funding Cost * 5/ 3.7 3.5 3.4 3.1
       Interest Spread * 6/ 4.6 4.5 4.8 4.6
       Net Interest Margin * 7/ 4.3 4.2 4.5 4.3
       Net Interest Income to Total Operating Income  62.0 60.1 62.0 60.9
       Cost to Income Ratio * 8/ 63.5 62.6 64.2 65.4
       Return on Assets  1.4 1.4 1.3 1.4
       Return on Equity  11.5 12.4 11.6 11.8
       Capital Adequacy Ratio (CAR) 9/  
            Solo Basis 17.9 17.9 14.7 14.7
            Consolidated Basis 19.3 19.4 15.9 15.9
       Total Capital Accounts to Total Assets            11.3            11.5            11.4            11.4            11.6            11.3            10.9            11.0                 11.5            11.8              11.4                 11.7
                         
 
* Annualized  
1/ Adjusted to net off the account "Due from Head Office" with "Due to Head office" of branches of foreign banks  
2/ Inclusive of Fixed Assets  
3/ Inclusive of the portion of the Net Due To/From Head Office which qualified as capital  
4/ Refers to the ratio of Interest Income to Average Earning Assets  
5/ Refers to the ratio of Interest Expenses to Average Interest-Bearing Liabilities  
6/ Refers to the difference between Earning Asset Yield and Funding Cost  
7/ Refers to the ratio of Net Interest Income to Average Earning Assets  
8/ Refers to the ratio of Operating Expenses (exclusive of Bad Debts and Provisions) to Total Operating Income  
9/ Based on the new framework provided for under Circular No. 280 dated 29 March 2001 which was formally adopted starting  1 July 2001. Universal and Commercial banks are required to report their CARs based on combined
 credit and market risk under Circular No. 360 dated 3 December 2002, which took effect on 1 July 2003  
Note: Details may not add up to totals due to rounding-off  
Source: Supervisory Data Center, Supervision and Examination Sector                      
Updated as of 27 March 2009