25 Selected Performance Indicators                          
                             
                             
  Universal Bank Group                          
  as of end of periods indicated                          
  amounts in thousand Pesos, ratios in percent (%)                          
                             
   
  Selected Accounts Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10  
   
  ASSET QUALITY RATIOS:   
  Past Due Ratio 4.21 4.18 4.38 4.42 4.37 4.12 4.35 4.20 4.07 4.24 4.24 3.89  
  Past Due Loans 92,299,137.78 92,402,981.86 95,363,760.25 97,339,611.71 97,196,726.48 95,638,405.27 95,676,563.40 95,340,461.94 94,500,556.19 95,551,967.09 98,425,405.81 92,886,905.34  
  Total Loan Portfolio (TLP), gross  2,194,227,098.48 2,210,191,991.68 2,175,531,567.29 2,202,764,489.85 2,225,332,295.74 2,322,204,224.23 2,200,064,306.12 2,270,949,840.16 2,321,423,384.91 2,255,858,038.80 2,319,228,738.06 2,386,609,532.49  
  RL to TLP 1.65 1.61 1.64 1.61 1.56 1.55 1.62 1.57 1.51 1.54 1.48 1.48  
  Restructured Loans (RL), gross 36,220,510.66 35,566,387.79 35,636,769.90 35,537,467.93 34,771,928.83 36,041,969.27 35,547,616.82 35,621,855.94 35,148,260.74 34,724,485.52 34,367,839.99 35,206,639.95  
  TLP, gross  2,194,227,098.48 2,210,191,991.68 2,175,531,567.29 2,202,764,489.85 2,225,332,295.74 2,322,204,224.23 2,200,064,306.12 2,270,949,840.16 2,321,423,384.91 2,255,858,038.80 2,319,228,738.06 2,386,609,532.49  
  Loan Loss Reserves (LLR) to TLP 3.53 3.51 3.58 3.57 3.56 3.42 3.64 3.64 3.56 3.67 3.56 3.40  
  Allowance for Credit Losses (ACL) - TLP 76,721,261.43 76,892,906.99 77,053,264.37 77,877,024.03 78,518,389.15 78,649,660.22 79,328,239.72 81,847,730.72 81,997,667.44 81,977,287.21 81,671,486.82 80,373,000.25  
  TLP, gross  2,175,038,135.54 2,191,068,171.47 2,155,300,612.21 2,182,819,733.79 2,204,940,598.63 2,301,937,640.68 2,180,036,003.93 2,250,962,045.80 2,301,515,778.38 2,234,769,383.13 2,297,010,886.57 2,365,375,798.39  
  NPL Ratio 3.15 3.11 3.12 3.24 3.18 3.07 3.15 3.11 3.03 3.08 3.02 2.85  
  Non-Performing Loans (NPL) 68,503,186.50 68,149,771.80 67,176,017.68 70,686,651.03 70,088,519.74 70,781,491.32 68,777,103.37 69,966,906.67 69,635,867.48 68,829,642.39 69,302,202.82 67,328,918.45  
  TLP, gross  2,175,038,135.54 2,191,068,171.47 2,155,300,612.21 2,182,819,733.79 2,204,940,598.63 2,301,937,640.68 2,180,036,003.93 2,250,962,045.80 2,301,515,778.38 2,234,769,383.13 2,297,010,886.57 2,365,375,798.39  
  NPL Ratio, net of IBL 3.57 3.50 3.55 3.65 3.53 3.47 3.52 3.52 3.39 3.36 3.29 3.08  
  NPL 68,503,186.50 68,149,771.80 67,176,017.68 70,686,651.03 70,088,519.74 70,781,491.32 68,777,103.37 69,966,906.67 69,635,867.48 68,829,642.39 69,302,202.82 67,328,918.45  
  TLP, gross net of IBL 1,917,899,299.55 1,945,762,692.96 1,891,588,448.43 1,935,068,663.13 1,988,039,931.45 2,037,259,577.00 1,953,901,470.47 1,988,492,371.93 2,055,303,179.70 2,049,638,908.67 2,107,849,376.94 2,183,135,919.39  
  NPL Coverage Ratio 112.00 112.83 114.70 110.17 112.03 111.12 115.34 116.98 117.75 119.10 117.85 119.37  
  ACL - TLP 76,721,261.43 76,892,906.99 77,053,264.37 77,877,024.03 78,518,389.15 78,649,660.22 79,328,239.72 81,847,730.72 81,997,667.44 81,977,287.21 81,671,486.82 80,373,000.25  
  Gross NPL 68,503,186.50 68,149,771.80 67,176,017.68 70,686,651.03 70,088,519.74 70,781,491.32 68,777,103.37 69,966,906.67 69,635,867.48 68,829,642.39 69,302,202.82 67,328,918.45  
  NPA to Gross Assets  4.10 4.05 3.98 4.05 3.93 3.89 3.95 3.87 3.76 3.73 3.58 3.36  
  Non-Performing Assets (NPA) 191,987,819.49 190,594,152.73 189,150,847.69 192,073,975.79 190,461,025.11 190,225,341.06 187,681,124.15 187,877,733.46 187,373,614.21 185,985,405.65 185,799,650.96 181,253,085.58  
  (1) Gross NPL 68,503,186.50 68,149,771.80 67,176,017.68 70,686,651.03 70,088,519.74 70,781,491.32 68,777,103.37 69,966,906.67 69,635,867.48 68,829,642.39 69,302,202.82 67,328,918.45  
  (2) ROPA, gross 123,484,633.00 122,444,380.93 121,974,830.01 121,387,324.76 120,372,505.37 119,443,849.74 118,904,020.77 117,910,826.80 117,737,746.73 117,155,763.26 116,497,448.14 113,924,167.13  
  Gross Assets 4,679,311,289.34 4,706,522,155.74 4,749,568,648.70 4,744,765,137.92 4,845,505,941.16 4,894,357,691.75 4,749,489,255.50 4,849,394,618.67 4,980,945,697.24 4,989,075,051.41 5,194,051,495.84 5,391,580,410.95  
  (1) Total Assets 4,576,653,815.47 4,603,417,373.57 4,645,865,851.08 4,640,073,342.53 4,740,055,236.49 4,788,957,034.30 4,643,426,888.74 4,740,167,321.68 4,871,933,706.13 4,880,419,868.99 5,085,541,912.93 5,285,186,902.33  
  (2) Allowance on NPA 102,657,473.87 103,104,782.17 103,702,797.62 104,691,795.39 105,450,704.67 105,400,657.45 106,062,366.76 109,227,297.00 109,011,991.12 108,655,182.41 108,509,582.92 106,393,508.61  
  NPA Coverage Ratio 53.47 54.10 54.83 54.51 55.37 55.41 56.51 58.14 58.18 58.42 58.40 58.70  
  Allowance on NPA 102,657,473.87 103,104,782.17 103,702,797.62 104,691,795.39 105,450,704.67 105,400,657.45 106,062,366.76 109,227,297.00 109,011,991.12 108,655,182.41 108,509,582.92 106,393,508.61  
  NPA 191,987,819.49 190,594,152.73 189,150,847.69 192,073,975.79 190,461,025.11 190,225,341.06 187,681,124.15 187,877,733.46 187,373,614.21 185,985,405.65 185,799,650.96 181,253,085.58  
  Distressed Assets Ratio 9.11 8.97 9.03 9.03 8.88 8.50 8.82 8.57 8.43 8.60 8.34 8.00  
  Distressed Assets 210,227,620.47 208,270,429.76 206,445,054.28 208,964,459.96 207,161,782.52 206,448,282.77 203,591,487.45 203,768,351.95 204,810,366.24 202,938,785.94 202,098,148.23 199,090,813.65  
  NPA 191,987,819.49 190,594,152.73 189,150,847.69 192,073,975.79 190,461,025.11 190,225,341.06 187,681,124.15 187,877,733.46 187,373,614.21 185,985,405.65 185,799,650.96 181,253,085.58  
  RL, Performing 18,239,800.97 17,676,277.03 17,294,206.59 16,890,484.17 16,700,757.41 16,222,941.72 15,910,363.30 15,890,618.49 17,436,752.03 16,953,380.29 16,298,497.27 17,837,728.07  
  TLP, gross  2,175,038,135.54 2,191,068,171.47 2,155,300,612.21 2,182,819,733.79 2,204,940,598.63 2,301,937,640.68 2,180,036,003.93 2,250,962,045.80 2,301,515,778.38 2,234,769,383.13 2,297,010,886.57 2,365,375,798.39  
  Total ROPA 132,116,562.62 131,356,758.00 130,632,231.89 130,022,205.89 129,275,009.05 128,052,116.83 127,883,282.85 126,892,573.64 126,822,687.01 125,924,824.12 125,925,321.42 123,268,642.15  
  (1) ROPA, gross 123,484,633.00 122,444,380.93 121,974,830.01 121,387,324.76 120,372,505.37 119,443,849.74 118,904,020.77 117,910,826.80 117,737,746.73 117,155,763.26 116,497,448.14 113,924,167.13  
  (2) Performing SCR 8,631,929.63 8,912,377.07 8,657,401.88 8,634,881.13 8,902,503.67 8,608,267.09 8,979,262.08 8,981,746.84 9,084,940.28 8,769,060.86 9,427,873.29 9,344,475.03  
  LIQUIDITY RATIOS  
  (1) Cash and Due from Banks to Deposits 19.97 20.28 21.25 19.94 21.14 19.52 19.40 18.82 20.84 21.71 25.10 27.06  
  Cash and Due from Banks   694,773,735.45 708,235,997.32 745,727,864.14 699,081,563.99 758,532,231.11 711,509,853.72 684,493,998.38 669,374,722.20 758,577,752.55 779,050,901.88 936,873,144.24 1,067,695,570.08  
  Deposits 3,479,646,113.57 3,491,743,486.99 3,508,660,441.23 3,505,888,802.49 3,588,712,574.57 3,645,660,684.91 3,528,047,048.58 3,557,008,906.14 3,639,507,764.93 3,587,658,991.74 3,731,972,689.88 3,945,789,627.01  
  (2) Liquid Assets to Deposits Ratio 57.03 57.18 59.06 57.90 58.75 56.59 57.93 57.91 59.07 61.74 62.91 62.98  
  Liquid Assets, sum of: 1,984,595,934.17 1,996,459,333.18 2,072,268,387.21 2,029,822,230.33 2,108,429,073.39 2,063,018,147.68 2,043,869,389.08 2,059,979,699.48 2,149,692,356.20 2,215,196,849.31 2,347,609,176.48 2,485,027,936.77  
  (1) Cash and Due from Banks 694,773,735.45 708,235,997.32 745,727,864.14 699,081,563.99 758,532,231.11 711,509,853.72 684,493,998.38 669,374,722.20 758,577,752.55 779,050,901.88 936,873,144.24 1,067,695,570.08  
  (2) Financial Assets, net (excl. equity investments) 1,289,822,198.72 1,288,223,335.86 1,326,540,523.07 1,330,740,666.34 1,349,896,842.28 1,351,508,293.96 1,359,375,390.70 1,390,604,977.27 1,391,114,603.65 1,436,145,947.43 1,410,736,032.24 1,417,332,366.69  
  Deposits 3,479,646,113.57 3,491,743,486.99 3,508,660,441.23 3,505,888,802.49 3,588,712,574.57 3,645,660,684.91 3,528,047,048.58 3,557,008,906.14 3,639,507,764.93 3,587,658,991.74 3,731,972,689.88 3,945,789,627.01  
  (3) Loans (gross) to Deposits 63.06 63.30 62.00 62.83 62.01 63.70 62.36 63.84 63.78 62.88 62.14 60.48  
  Loans (gross) 2,194,227,098.48 2,210,191,991.68 2,175,531,567.29 2,202,764,489.85 2,225,332,295.74 2,322,204,224.23 2,200,064,306.12 2,270,949,840.16 2,321,423,384.91 2,255,858,038.80 2,319,228,738.06 2,386,609,532.49  
  Deposits 3,479,646,113.57 3,491,743,486.99 3,508,660,441.23 3,505,888,802.49 3,588,712,574.57 3,645,660,684.91 3,528,047,048.58 3,557,008,906.14 3,639,507,764.93 3,587,658,991.74 3,731,972,689.88 3,945,789,627.01  
  SELECTED PROFITABILITY RATIOS  
  (1)  Return on Assets (ROA) 1.38 1.41 1.50 1.50  
  Annualized Net Profit or Loss  61,431,506.87 64,072,461.55 69,681,887.46 74,659,724.02  
  Average Assets 4,440,091,150.20 4,559,915,480.25 4,644,922,718.38 4,978,811,778.68  
  Total Assets (last year) 4,234,316,449.32 4,330,873,926.20 4,417,911,730.63 4,672,436,655.03  
  Total Assets (current year) 4,645,865,851.08 4,788,957,034.30 4,871,933,706.13 5,285,186,902.33  
  (2) Return on Equity (ROE) 13.05 12.95 13.19 13.76  
  Annualized Net Profit or Loss  61,431,506.87 64,072,461.55 69,681,887.46 74,659,724.02  
  Average Capital 470,793,469.50 494,933,267.43 528,259,056.17 542,611,252.93  
  Total Capital (last year) 437,142,659.84 458,796,931.01 478,067,272.07 493,917,517.95  
  Total Capital (current year) 504,444,279.15 531,069,603.85 578,450,840.27 591,304,987.92  
  (3) Earning Asset Yield 5.85 5.73 5.66 5.37  
  Annualized Interest Income 227,867,152.32 229,726,064.45 230,115,767.75 234,273,901.75  
  Average Earning Assets 3,893,260,091.76 4,009,227,936.02 4,062,929,132.21 4,364,088,186.93  
  Earning Assets (last year) 3,706,184,613.04 3,791,447,541.19 3,849,517,823.23 4,069,562,039.91  
  Earning Assets (current year) 4,080,335,570.48 4,227,008,330.85 4,276,340,441.19 4,658,614,333.95  
  (4) Funding Cost 2.13 2.08 2.01 1.87  
  Annualized Interest Expense 80,103,968.88 79,862,358.04 78,388,299.27 78,340,111.50  
  Average Interest Bearing Liabilities 3,754,317,279.35 3,844,738,483.61 3,894,573,647.78 4,187,804,630.87  
  Interest Bearing Liabilities (last year) 3,576,394,057.27 3,658,224,116.22 3,738,912,552.20 3,956,489,574.52  
  Interest Bearing Liabilities (current year) 3,932,240,501.43 4,031,252,850.99 4,050,234,743.36 4,419,119,687.22  
  (5) Interest Spread 3.72 3.65 3.65 3.50  
  (3) Earning Asset Yield 5.85 5.73 5.66 5.37  
  (4) Funding Cost 2.13 2.08 2.01 1.87  
  (6) Net Interest Margin 3.79 3.73 3.73 3.57  
  Annualized Net Interest Income 147,567,765.87 149,668,541.67 151,499,474.66 155,930,806.15  
  Average Earning Assets 3,893,260,091.76 4,009,227,936.02 4,062,929,132.21 4,364,088,186.93  
  (7) Cost to Income Ratio 62.88 61.96 61.27 61.15  
  Annualized Non-Interest Expenses 143,404,967.30 144,430,414.39 150,076,825.38 153,526,104.92  
  Annualized Total Operating Income 228,059,972.33 233,103,514.27 244,934,292.82 251,058,575.03  
  (8) Net Interest Income to Total Operating Income 64.71 64.21 61.85 62.11  
  Annualized Net Interest Income  147,567,765.87 149,668,541.67 151,499,474.66 155,930,806.15  
  Annualized Total Operating Income 228,059,972.33 233,103,514.27 244,934,292.82 251,058,575.03  
  (9) Non-interest Income to Total Operating Income 35.29 35.79 38.15 37.89  
  Annualized Non-Interest Income 80,492,206.46 83,434,972.60 93,434,818.16 95,127,768.87  
  Annualized Total Operating Income 228,059,972.33 233,103,514.27 244,934,292.82 251,058,575.03  
  CAPITAL ADEQUACY  
  Capital Adequacy Ratio - Solo 14.49 14.90 15.75 15.64  
  Capital Adequacy Ratio - Conso 15.95 16.23 17.03 16.95  
  Total Capital Accounts to Total Assets 10.73 10.72 10.86 11.18 11.13 11.09 11.74 12.00 11.87 12.14 11.56 11.19