25 Selected Performance Indicators                          
                             
                             
  Universal Bank Group                          
  as of end of periods indicated                          
  amounts in thousand Pesos, ratios in percent (%)                          
                             
   
  Selected Accounts Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11  
   
  ASSET QUALITY RATIOS:   
  Past Due Ratio 4.12 3.98 3.99 3.95 3.69 3.44 3.58 3.70 3.71 3.63 3.58 3.30  
  Past Due Loans 96,160,326.25 95,472,979.20 95,185,968.40 95,762,366.76 93,502,602.64 91,762,900.06 92,525,438.36 98,174,514.23 97,401,820.69 97,142,279.44 98,396,712.81 93,071,740.83  
  Total Loan Portfolio (TLP), gross  2,332,394,776.46 2,395,923,958.33 2,383,209,523.80 2,422,806,058.75 2,536,200,570.61 2,666,656,356.07 2,581,642,409.64 2,653,134,524.11 2,626,770,862.57 2,674,410,470.56 2,749,329,678.24 2,822,810,658.22  
  RL to TLP 1.55 1.50 1.49 1.44 1.34 1.28 1.33 1.31 1.31 1.28 1.24 1.21  
  Restructured Loans (RL), gross 36,150,511.07 35,840,257.75 35,439,493.86 34,893,869.67 33,974,922.80 34,116,134.11 34,363,680.20 34,641,895.83 34,525,129.05 34,313,504.32 34,187,293.77 34,022,924.87  
  TLP, gross  2,332,394,776.46 2,395,923,958.33 2,383,209,523.80 2,422,806,058.75 2,536,200,570.61 2,666,656,356.07 2,581,642,409.64 2,653,134,524.11 2,626,770,862.57 2,674,410,470.56 2,749,329,678.24 2,822,810,658.22  
  Loan Loss Reserves (LLR) to TLP 3.52 3.48 3.56 3.53 3.38 2.98 3.09 3.05 3.02 2.98 2.90 2.73  
  Allowance for Credit Losses (ACL) - TLP 81,381,475.81 82,654,245.99 84,057,182.96 84,705,355.62 85,048,985.89 78,755,439.90 79,066,016.14 80,218,859.33 78,514,780.60 78,920,268.58 78,818,790.24 76,179,881.79  
  TLP, gross  2,311,173,733.49 2,374,532,859.54 2,362,493,069.13 2,402,063,359.12 2,515,889,208.09 2,639,856,385.30 2,554,685,522.71 2,626,151,012.49 2,597,212,472.59 2,645,124,075.26 2,719,150,165.36 2,793,151,830.01  
  NPL Ratio 2.97 2.89 2.92 2.90 2.71 2.29 2.36 2.43 2.36 2.34 2.27 2.09  
  Non-Performing Loans (NPL) 68,663,590.98 68,641,671.18 69,037,193.70 69,555,162.21 68,120,492.43 60,411,335.55 60,386,064.15 63,921,434.69 61,369,800.70 61,817,331.57 61,851,575.12 58,241,442.71  
  TLP, gross  2,311,173,733.49 2,374,532,859.54 2,362,493,069.13 2,402,063,359.12 2,515,889,208.09 2,639,856,385.30 2,554,685,522.71 2,626,151,012.49 2,597,212,472.59 2,645,124,075.26 2,719,150,165.36 2,793,151,830.01  
  NPL Ratio, net of IBL 3.19 3.11 3.13 3.09 2.88 2.44 2.51 2.58 2.50 2.46 2.40 2.18  
  NPL 68,663,590.98 68,641,671.18 69,037,193.70 69,555,162.21 68,120,492.43 60,411,335.55 60,386,064.15 63,921,434.69 61,369,800.70 61,817,331.57 61,851,575.12 58,241,442.71  
  TLP, gross net of IBL 2,154,235,710.66 2,207,608,203.02 2,207,688,074.47 2,250,907,221.28 2,364,019,102.97 2,474,961,512.25 2,406,793,118.40 2,477,043,742.38 2,455,791,510.36 2,512,620,057.06 2,580,352,314.77 2,674,818,521.10  
  NPL Coverage Ratio 118.52 120.41 121.76 121.78 124.85 130.37 130.93 125.50 127.94 127.67 127.43 130.80  
  ACL - TLP 81,381,475.81 82,654,245.99 84,057,182.96 84,705,355.62 85,048,985.89 78,755,439.90 79,066,016.14 80,218,859.33 78,514,780.60 78,920,268.58 78,818,790.24 76,179,881.79  
  Gross NPL 68,663,590.98 68,641,671.18 69,037,193.70 69,555,162.21 68,120,492.43 60,411,335.55 60,386,064.15 63,921,434.69 61,369,800.70 61,817,331.57 61,851,575.12 58,241,442.71  
  NPA to Gross Assets  3.52 3.46 3.38 3.43 3.32 3.04 3.15 3.09 3.03 3.04 2.96 2.77  
  Non-Performing Assets (NPA) 182,133,418.09 182,136,785.89 180,895,604.82 180,812,227.39 178,807,703.94 169,469,091.77 168,914,564.44 171,406,550.55 167,936,991.80 167,189,268.24 166,876,822.94 159,978,203.67  
  (1) Gross NPL 68,663,590.98 68,641,671.18 69,037,193.70 69,555,162.21 68,120,492.43 60,411,335.55 60,386,064.15 63,921,434.69 61,369,800.70 61,817,331.57 61,851,575.12 58,241,442.71  
  (2) ROPA, gross 113,469,827.10 113,495,114.71 111,858,411.12 111,257,065.18 110,687,211.51 109,057,756.22 108,528,500.28 107,485,115.86 106,567,191.10 105,371,936.67 105,025,247.82 101,736,760.96  
  Gross Assets 5,172,594,934.23 5,264,092,847.44 5,353,801,353.41 5,271,320,019.33 5,393,226,864.92 5,571,050,088.95 5,368,854,433.32 5,539,874,296.40 5,549,731,769.35 5,493,257,191.55 5,637,717,418.75 5,765,169,130.88  
  (1) Total Assets 5,065,300,558.13 5,155,325,769.53 5,243,458,162.16 5,160,369,305.87 5,282,021,528.81 5,466,473,100.09 5,263,975,134.82 5,433,736,842.03 5,445,274,783.45 5,388,451,263.56 5,533,048,216.36 5,663,401,803.80  
  (2) Allowance on NPA 107,294,376.10 108,767,077.90 110,343,191.26 110,950,713.47 111,205,336.12 104,576,988.86 104,879,298.50 106,137,454.37 104,456,985.90 104,805,927.99 104,669,202.38 101,767,327.08  
  NPA Coverage Ratio 58.91 59.72 61.00 61.36 62.19 61.71 62.09 61.92 62.20 62.69 62.72 63.61  
  Allowance on NPA 107,294,376.10 108,767,077.90 110,343,191.26 110,950,713.47 111,205,336.12 104,576,988.86 104,879,298.50 106,137,454.37 104,456,985.90 104,805,927.99 104,669,202.38 101,767,327.08  
  NPA 182,133,418.09 182,136,785.89 180,895,604.82 180,812,227.39 178,807,703.94 169,469,091.77 168,914,564.44 171,406,550.55 167,936,991.80 167,189,268.24 166,876,822.94 159,978,203.67  
  Distressed Assets Ratio 8.24 8.04 7.99 7.86 7.44 6.77 7.00 6.94 6.90 6.74 6.55 6.13  
  Distressed Assets 200,660,377.13 200,708,979.53 198,495,671.47 198,329,883.64 196,040,618.40 186,703,863.25 186,940,983.82 190,271,959.19 187,038,369.81 185,865,208.42 185,462,107.03 178,062,399.63  
  NPA 182,133,418.09 182,136,785.89 180,895,604.82 180,812,227.39 178,807,703.94 169,469,091.77 168,914,564.44 171,406,550.55 167,936,991.80 167,189,268.24 166,876,822.94 159,978,203.67  
  RL, Performing 18,526,959.04 18,572,193.64 17,600,066.65 17,517,656.25 17,232,914.46 17,234,771.48 18,026,419.39 18,865,408.64 19,101,378.01 18,675,940.17 18,585,284.09 18,084,195.96  
  TLP, gross  2,311,173,733.49 2,374,532,859.54 2,362,493,069.13 2,402,063,359.12 2,515,889,208.09 2,639,856,385.30 2,554,685,522.71 2,626,151,012.49 2,597,212,472.59 2,645,124,075.26 2,719,150,165.36 2,793,151,830.01  
  Total ROPA 122,833,845.02 122,385,945.79 120,916,869.39 119,951,301.41 119,552,939.21 118,017,295.66 117,200,342.76 115,967,228.98 115,001,761.08 113,935,480.52 112,966,469.34 109,795,638.45  
  (1) ROPA, gross 113,469,827.10 113,495,114.71 111,858,411.12 111,257,065.18 110,687,211.51 109,057,756.22 108,528,500.28 107,485,115.86 106,567,191.10 105,371,936.67 105,025,247.82 101,736,760.96  
  (2) Performing SCR 9,364,017.91 8,890,831.08 9,058,458.27 8,694,236.23 8,865,727.70 8,959,539.44 8,671,842.47 8,482,113.13 8,434,569.98 8,563,543.84 7,941,221.51 8,058,877.49  
  LIQUIDITY RATIOS  
  (1) Cash and Due from Banks to Deposits 24.41 25.39 27.29 24.61 24.10 24.57 23.24 24.83 26.00 24.34 25.54 24.80  
  Cash and Due from Banks   920,457,514.01 974,091,525.98 1,057,643,676.87 927,261,856.57 931,832,060.48 989,649,894.25 884,009,357.65 961,458,352.94 1,026,737,034.32 941,376,706.51 1,029,213,765.25 1,035,106,316.64  
  Deposits 3,771,426,997.54 3,837,179,365.98 3,876,188,997.21 3,768,201,874.18 3,866,470,203.30 4,028,618,800.92 3,803,541,007.72 3,872,465,059.00 3,948,834,418.26 3,867,054,691.61 4,030,421,624.84 4,174,490,832.55  
  (2) Liquid Assets to Deposits Ratio 61.64 61.23 63.26 61.96 60.28 59.42 59.71 60.86 61.11 59.47 58.82 58.10  
  Liquid Assets, sum of: 2,324,666,504.49 2,349,466,318.88 2,452,006,492.68 2,334,746,564.61 2,330,566,138.88 2,393,749,868.91 2,271,152,725.63 2,356,943,359.70 2,413,190,396.50 2,299,555,482.60 2,370,654,188.48 2,425,513,152.91  
  (1) Cash and Due from Banks 920,457,514.01 974,091,525.98 1,057,643,676.87 927,261,856.57 931,832,060.48 989,649,894.25 884,009,357.65 961,458,352.94 1,026,737,034.32 941,376,706.51 1,029,213,765.25 1,035,106,316.64  
  (2) Financial Assets, net (excl. equity investments) 1,404,208,990.48 1,375,374,792.90 1,394,362,815.81 1,407,484,708.04 1,398,734,078.40 1,404,099,974.66 1,387,143,367.98 1,395,485,006.77 1,386,453,362.18 1,358,178,776.10 1,341,440,423.23 1,390,406,836.27  
  Deposits 3,771,426,997.54 3,837,179,365.98 3,876,188,997.21 3,768,201,874.18 3,866,470,203.30 4,028,618,800.92 3,803,541,007.72 3,872,465,059.00 3,948,834,418.26 3,867,054,691.61 4,030,421,624.84 4,174,490,832.55  
  (3) Loans (gross) to Deposits 61.84 62.44 61.48 64.30 65.59 66.19 67.87 68.51 66.52 69.16 68.21 67.62  
  Loans (gross) 2,332,394,776.46 2,395,923,958.33 2,383,209,523.80 2,422,806,058.75 2,536,200,570.61 2,666,656,356.07 2,581,642,409.64 2,653,134,524.11 2,626,770,862.57 2,674,410,470.56 2,749,329,678.24 2,822,810,658.22  
  Deposits 3,771,426,997.54 3,837,179,365.98 3,876,188,997.21 3,768,201,874.18 3,866,470,203.30 4,028,618,800.92 3,803,541,007.72 3,872,465,059.00 3,948,834,418.26 3,867,054,691.61 4,030,421,624.84 4,174,490,832.55  
  SELECTED PROFITABILITY RATIOS  
  (1)  Return on Assets (ROA) 1.59 1.64 1.62 1.54  
  Annualized Net Profit or Loss  78,465,860.07 84,076,764.31 83,811,488.52 84,201,508.54  
  Average Assets 4,944,662,006.62 5,127,715,067.19 5,158,604,244.79 5,474,294,353.06  
  Total Assets (last year) 4,645,865,851.08 4,788,957,034.30 4,871,933,706.13 5,285,186,902.33  
  Total Assets (current year) 5,243,458,162.16 5,466,473,100.09 5,445,274,783.45 5,663,401,803.80  
  (2) Return on Equity (ROE) 14.26 14.56 13.74 13.23  
  Annualized Net Profit or Loss  78,465,860.07 84,076,764.31 83,811,488.52 84,201,508.54  
  Average Capital 550,218,229.15 577,589,407.29 609,796,808.65 636,450,341.08  
  Total Capital (last year) 504,444,279.15 531,069,603.85 578,450,840.27 591,304,987.92  
  Total Capital (current year) 595,992,179.16 624,109,210.72 641,142,777.02 681,595,694.23  
  (3) Earning Asset Yield 5.39 5.23 5.31 5.06  
  Annualized Interest Income 235,979,368.61 238,204,881.44 242,693,593.52 244,559,726.49  
  Average Earning Assets 4,376,457,902.48 4,553,166,288.75 4,568,747,021.87 4,835,880,510.62  
  Earning Assets (last year) 4,080,335,570.48 4,227,008,330.85 4,276,340,441.19 4,658,614,333.95  
  Earning Assets (current year) 4,672,580,234.47 4,879,324,246.66 4,861,153,602.54 5,013,146,687.30  
  (4) Funding Cost 1.87 1.82 1.88 1.78  
  Annualized Interest Expense 77,618,887.02 77,951,452.07 80,041,865.99 81,007,623.33  
  Average Interest Bearing Liabilities 4,141,682,575.96 4,287,815,006.70 4,264,023,473.54 4,546,880,900.28  
  Interest Bearing Liabilities (last year) 3,932,240,501.43 4,031,252,850.99 4,050,234,743.36 4,419,119,687.22  
  Interest Bearing Liabilities (current year) 4,351,124,650.49 4,544,377,162.40 4,477,812,203.71 4,674,642,113.33  
  (5) Interest Spread 3.52 3.41 3.43 3.28  
  (3) Earning Asset Yield 5.39 5.23 5.31 5.06  
  (4) Funding Cost 1.87 1.82 1.88 1.78  
  (6) Net Interest Margin 3.62 3.52 3.56 3.38  
  Annualized Net Interest Income 158,342,521.71 160,212,500.30 162,618,017.21 163,524,500.48  
  Average Earning Assets 4,376,457,902.48 4,553,166,288.75 4,568,747,021.87 4,835,880,510.62  
  (7) Cost to Income Ratio 60.68 60.49 62.15 63.06  
  Annualized Non-Interest Expenses 154,422,672.98 159,938,526.47 161,316,712.65 167,046,979.35  
  Annualized Total Operating Income 254,491,607.99 264,410,936.42 259,557,234.15 264,904,345.20  
  (8) Net Interest Income to Total Operating Income 62.22 60.59 62.65 61.73  
  Annualized Net Interest Income  158,342,521.71 160,212,500.30 162,618,017.21 163,524,500.48  
  Annualized Total Operating Income 254,491,607.99 264,410,936.42 259,557,234.15 264,904,345.20  
  (9) Non-interest Income to Total Operating Income 37.78 39.41 37.35 38.27  
  Annualized Non-Interest Income 96,149,086.27 104,198,436.12 96,939,216.93 101,379,844.72  
  Annualized Total Operating Income 254,491,607.99 264,410,936.42 259,557,234.15 264,904,345.20  
  CAPITAL ADEQUACY  
  Capital Adequacy Ratio - Solo 15.75 15.69 15.89 16.07  
  Capital Adequacy Ratio - Conso 17.02 16.98 17.21 17.39  
  Total Capital Accounts to Total Assets 11.63 11.34 11.37 11.85 11.71 11.42 12.12 11.93 11.77 12.30 12.08 12.04