25  SELECTED ASSET QUALITY INDICATORS
	Universal Banking System *
	as of end of periods indicated
	in billion pesos
	ACCOUNTS	Mar-08	Apr-08	May-08	Jun-08	Jul-08	Aug-08	Sept-08	Oct-08	Nov-08	Dec-08
	Levels
	TOTAL ASSETS	3,691.700	3,724.545	3,786.744	3,916.709	3,786.233	3,877.138	3,949.685	4,027.560	4,120.121	4,260.566
	GROSS ASSETS 1/	3,792.571	3,825.294	3,888.341	4,018.118	3,887.113	3,977.693	4,050.277	4,128.245	4,220.173	4,362.401
	TOTAL LOAN PORTFOLIO (TLP), GROSS	1,723.615	1,810.129	1,864.421	1,915.865	1,879.725	1,891.273	1,886.423	1,925.649	2,038.866	2,078.043
	ALLOWANCE FOR CREDIT LOSSES - LOANS	76.395	76.814	77.539	77.219	76.850	76.316	74.981	74.979	74.267	74.882
	INTERBANK LOANS RECEIVABLES	172.472	214.529	248.164	228.661	202.237	203.660	168.436	177.481	152.702	143.407
	RESTRUCTURED LOANS(RL), GROSS	51.701	51.872	51.659	48.774	48.132	49.322	47.807	47.973	47.455	45.916
	RESTRUCTURED LOANS, PERFORMING	29.110	28.698	28.185	26.194	24.453	25.838	24.804	25.146	25.717	25.412
	NON-PERFORMING LOANS 2/	82.828	82.468	82.992	79.833	79.247	77.218	79.019	78.874	77.953	74.492
	REAL AND OTHER PROPERTIES ACQUIRED (ROPA)	122.912	120.693	119.196	119.157	118.299	117.741	115.686	115.775	114.302	114.037
	ROPA, GROSS (Inclusive of Performing SCR)	149.834	147.700	145.898	144.939	144.586	144.127	143.443	143.340	142.231	143.271
	ALLOWANCE FOR ROPA 3/	24.477	23.935	24.058	24.190	24.031	24.239	25.611	25.706	25.784	26.953
	ROPA, GROSS 4/	139.924	137.800	135.899	134.620	136.309	134.378	132.789	132.749	131.104	132.424
	NON-CURRENT ASSETS HELD FOR SALE **	12.134	12.090	11.699	11.527	11.886	11.971	13.422	13.300	13.203	13.962
	NON-PERFORMING ASSETS (NPA) 5/	222.752	220.268	218.891	214.453	215.556	211.596	211.808	211.623	209.058	206.915
	ALLOWANCE ON NPA 6/	100.872	100.749	101.597	101.410	100.880	100.555	100.592	100.685	100.052	101.835
	DISTRESSED ASSETS 7/	251.862	248.967	247.077	240.648	240.009	237.433	236.612	236.769	234.775	232.327
	PERFORMING SALES CONTRACT RECEIVABLES (SCR)	9.910	9.900	9.998	10.318	8.277	9.750	10.654	10.590	11.127	10.848
	NON-PERFORMING SCR	4.879	5.017	5.005	3.937	6.124	4.666	3.682	3.675	3.600	4.425
	PAST DUE LOANS	99.150	98.710	99.388	97.932	98.069	96.532	100.578	100.071	99.300	95.161
	Annual Growth Rates
	TOTAL ASSETS	2.83	3.26	7.16	9.40	6.53	10.44	9.71	13.41	11.60	13.00
	GROSS ASSETS 1/	3.12	3.53	7.39	9.60	6.80	10.55	9.68	13.27	11.46	12.98
	TOTAL LOAN PORTFOLIO (TLP), GROSS	3.82	8.40	15.30	17.70	18.08	20.57	14.65	18.97	17.48	15.19
	ALLOWANCE FOR CREDIT LOSSES - LOANS	2.92	2.84	4.93	5.97	6.24	2.96	(4.69)	(5.64)	(6.81)	(2.96)
	INTERBANK LOANS RECEIVABLES	(43.33)	(22.32)	(15.06)	(25.23)	(19.43)	(9.23)	(31.72)	(0.30)	(21.43)	(38.10)
	RESTRUCTURED LOANS(RL), GROSS	(20.37)	(20.08)	(20.45)	(22.36)	(20.30)	(18.00)	(18.50)	(20.09)	(17.94)	(16.07)
	RESTRUCTURED LOANS, PERFORMING	(17.21)	(18.21)	(19.76)	(21.08)	(19.12)	(18.58)	(19.70)	(21.40)	(16.18)	(16.04)
	NON-PERFORMING LOANS 2/	(10.48)	(11.58)	(7.52)	(8.23)	(7.26)	(10.97)	(11.09)	(12.55)	(13.69)	(11.55)
	REAL AND OTHER PROPERTIES ACQUIRED (ROPA)	(17.10)	(17.75)	(18.28)	(17.67)	(16.85)	(16.68)	(20.68)	(19.76)	(20.54)	(19.23)
	ROPA, GROSS (Inclusive of Performing SCR)	(4.77)	(5.20)	(5.73)	(5.66)	(4.24)	(4.08)	(7.33)	(6.39)	(6.93)	(4.92)
	ALLOWANCE FOR ROPA 3/	80.49	81.91	83.45	84.14	82.43	83.84	82.72	84.82	74.46	94.70
	ROPA, GROSS 4/	(8.50)	(9.07)	(9.85)	(10.01)	(7.36)	(7.98)	(11.49)	(10.58)	(11.58)	(9.30)
	NON-CURRENT ASSETS HELD FOR SALE **	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	NON-PERFORMING ASSETS (NPA) 5/	(3.87)	115.23	(3.44)	(3.75)	(1.58)	(3.43)	(6.19)	(6.20)	(7.16)	(4.17)
	ALLOWANCE ON NPA 6/	14.91	14.68	16.76	17.91	17.97	15.17	8.53	7.84	5.91	11.90
	DISTRESSED ASSETS 7/	(8.73)	(9.50)	(8.73)	(9.16)	(6.96)	(8.61)	(10.92)	(11.14)	(11.35)	(9.13)
	PERFORMING SALES CONTRACT RECEIVABLES (SCR)	9.19	9.12	12.25	15.89	(5.01)	9.05	19.05	19.61	23.87	14.28
	NON-PERFORMING SCR	4.67	4.29	2.35	(19.17)	26.03	(0.90)	(12.13)	(12.04)	(18.59)	(8.02)
	PAST DUE LOANS	(12.81)	(13.00)	(9.90)	(7.61)	(8.95)	(8.93)	(3.37)	(5.84)	(6.95)	0.26
	Selected Ratios  (%)
	Past Due Ratio	5.72	5.42	5.30	5.08	5.18	5.07	5.29	5.15	4.83	4.54
	RL to TLP	2.98	2.85	2.76	2.53	2.54	2.59	2.51	2.47	2.31	2.19
	LLR to TLP	4.43	4.24	4.16	4.03	4.09	4.04	3.97	3.89	3.64	3.60
	NPL Ratio (inclusive of IBL)	4.81	4.56	4.45	4.17	4.22	4.08	4.19	4.10	3.82	3.58
	NPL Ratio (exclusive of IBL)	5.34	5.17	5.13	4.73	4.72	4.58	4.60	4.51	4.13	3.85
	NPL Coverage 8/	92.23	93.14	93.43	96.73	96.97	98.83	94.89	95.06	95.27	100.52
	NPA to Gross Assets	5.87	5.76	5.63	5.34	5.55	5.32	5.20	5.13	4.95	4.67
	NPA Coverage 9/	45.28	45.74	46.41	47.29	46.80	47.52	47.17	47.58	47.86	48.37
	Distressed Assets 10/	13.44	12.72	12.29	11.68	11.86	11.67	11.60	11.44	10.76	10.32
	* Inclusive of branches of foreign banks and government banks with universal banking license
	**  New Account under the Financial Reporting Package
	1/Total Assets, Net of Due to Head Office/Branches/Agencies + Allowance for Credit Losses-Loans + Allowance for Credit Losses - Sales Contract Receivable (SCR) + Allowance for Losses - ROPA + Accumulated Depreciation - ROPA - Loans Classified as Loss Fully Covered by Allowance for Credit Losses
	2/Loans Classified as Past Due and Already Non-Performing + Items in Litigation - Loans Classified as Loss Fully Covered by Allowance for Credit Losses
	3/Consists of Allowance for Losses (ROPA), Accumulated Depreciation (ROPA) and Allowance for Credit Losses - SCR, allowance for credit losses (NCAHS)
	4/Includes Real and Other Properties Acquired (ROPA) +  Non- Performing Sales Contract Receivable (SCR) + Non-Current Assets Held for Sale for financial ratio analysis
	5/Non-Performing Loans + ROPA, Gross
	6/ Allowance for Credit Losses-Loans + Allowance for Credit Losses - Sales Contract Receivable (SCR) + Allowance for Losses - ROPA + Accumulated Depreciation - ROPA
	7/ Non-Performing Assets (NPA) + Performing Restructured Loans (RL)
	8/ Ratio of Allowance for Credit Losses - Loans to Non-Performing Loans
	9/ Ratio of Allowance on NPA to NPA
	10/ Ratio of Distressed Assets to Total Loan Portfolio, Gross + ROPA, Gross (inclusive of Performing SCR)
	Note: Details may not add up to totals due to rounding-off
	Source : Supervisory Data Center, Supervision and Examination Sector
	Updated as of 08 July 2010