25 Selected Performance Indicators                          
                             
                             
  Universal Bank Group                          
  as of end of periods indicated                          
  amounts in thousand Pesos, ratios in percent (%)                          
                             
   
  Selected Accounts Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12  
   
  ASSET QUALITY RATIOS:   
  Past Due Ratio 3.55 3.51 3.45 3.42 3.36 3.21 3.24 3.34 3.29 3.20 3.13 2.95  
  Past Due Loans 96,608,547.35 96,746,359.67 95,247,415.77 96,885,880.82 95,579,405.67 94,900,838.42 95,759,361.29 100,667,895.36 99,752,000.80 99,011,503.87 98,779,770.08 95,574,308.81  
  Total Loan Portfolio (TLP), gross  2,722,110,790.76 2,755,379,132.28 2,763,714,957.42 2,832,663,914.45 2,847,464,836.36 2,953,526,354.29 2,955,229,528.08 3,016,583,354.29 3,033,798,798.21 3,089,546,031.43 3,152,249,805.07 3,244,167,230.19  
  RL to TLP 1.21 1.18 1.08 1.03 1.03 0.97 0.97 0.99 1.00 0.96 0.94 0.91  
  Restructured Loans (RL), gross 32,811,467.98 32,460,951.14 29,769,278.94 29,274,706.56 29,223,297.62 28,717,365.06 28,785,802.81 29,869,817.94 30,472,147.70 29,573,085.64 29,477,667.58 29,627,796.43  
  TLP, gross  2,722,110,790.76 2,755,379,132.28 2,763,714,957.42 2,832,663,914.45 2,847,464,836.36 2,953,526,354.29 2,955,229,528.08 3,016,583,354.29 3,033,798,798.21 3,089,546,031.43 3,152,249,805.07 3,244,167,230.19  
  Loan Loss Reserves (LLR) to TLP 2.84 2.83 2.87 2.81 2.75 2.65 2.66 2.70 2.67 2.64 2.58 2.51  
  Allowance for Credit Losses (ACL) - TLP 76,581,508.53 77,014,524.99 78,394,535.50 78,716,183.44 77,531,592.06 77,481,817.88 77,776,330.09 80,545,948.84 80,033,135.69 80,696,300.51 80,324,446.42 80,660,154.42  
  TLP, gross  2,692,326,320.23 2,724,240,874.63 2,732,954,160.88 2,801,825,628.11 2,815,475,243.29 2,921,417,347.91 2,922,829,120.39 2,983,054,688.06 3,000,486,430.13 3,056,683,369.59 3,118,979,367.98 3,211,158,305.09  
  NPL Ratio 2.22 2.22 2.17 2.13 2.06 1.93 1.97 2.02 1.98 1.92 1.88 1.77  
  Non-Performing Loans (NPL) 59,650,044.18 60,429,740.02 59,368,608.72 59,608,713.52 58,087,385.89 56,511,473.33 57,527,304.25 60,214,186.59 59,412,512.01 58,707,953.88 58,759,482.60 56,856,296.22  
  TLP, gross  2,692,326,320.23 2,724,240,874.63 2,732,954,160.88 2,801,825,628.11 2,815,475,243.29 2,921,417,347.91 2,922,829,120.39 2,983,054,688.06 3,000,486,430.13 3,056,683,369.59 3,118,979,367.98 3,211,158,305.09  
  NPL Ratio, net of IBL 2.32 2.33 2.25 2.22 2.15 2.02 2.05 2.10 2.07 2.00 1.95 1.84  
  NPL 59,650,044.18 60,429,740.02 59,368,608.72 59,608,713.52 58,087,385.89 56,511,473.33 57,527,304.25 60,214,186.59 59,412,512.01 58,707,953.88 58,759,482.60 56,856,296.22  
  TLP, gross net of IBL 2,567,191,637.95 2,598,757,275.07 2,634,366,283.62 2,679,150,509.95 2,703,844,408.89 2,790,760,407.06 2,799,565,948.33 2,863,989,314.94 2,871,094,371.76 2,932,750,731.13 3,012,476,207.53 3,089,441,023.40  
  NPL Coverage Ratio 128.38 127.44 132.05 132.05 133.47 137.11 135.20 133.77 134.71 137.45 136.70 141.87  
  ACL - TLP 76,581,508.53 77,014,524.99 78,394,535.50 78,716,183.44 77,531,592.06 77,481,817.88 77,776,330.09 80,545,948.84 80,033,135.69 80,696,300.51 80,324,446.42 80,660,154.42  
  Gross NPL 59,650,044.18 60,429,740.02 59,368,608.72 59,608,713.52 58,087,385.89 56,511,473.33 57,527,304.25 60,214,186.59 59,412,512.01 58,707,953.88 58,759,482.60 56,856,296.22  
  NPA to Gross Assets  2.88 2.84 2.83 2.77 2.74 2.63 2.63 2.66 2.58 2.56 2.47 2.34  
  Non-Performing Assets (NPA) 160,422,159.32 161,171,725.24 159,071,202.46 158,410,534.09 155,959,370.75 153,654,304.34 154,023,339.65 157,383,256.00 156,253,683.26 156,596,918.05 155,842,896.56 152,264,540.40  
  (1) Gross NPL 59,650,044.18 60,429,740.02 59,368,608.72 59,608,713.52 58,087,385.89 56,511,473.33 57,527,304.25 60,214,186.59 59,412,512.01 58,707,953.88 58,759,482.60 56,856,296.22  
  (2) ROPA, gross 100,772,115.15 100,741,985.22 99,702,593.74 98,801,820.56 97,871,984.86 97,142,831.02 96,496,035.41 97,169,069.41 96,841,171.25 97,888,964.16 97,083,413.96 95,408,244.18  
  Gross Assets 5,577,818,684.59 5,676,282,414.66 5,630,495,113.06 5,718,810,891.08 5,694,407,936.55 5,851,158,627.00 5,863,275,351.77 5,918,559,108.63 6,067,285,724.34 6,125,653,117.01 6,321,985,483.56 6,510,405,429.59  
  (1) Total Assets 5,475,387,998.99 5,573,679,231.35 5,526,954,186.28 5,614,961,743.96 5,591,857,003.42 5,748,866,402.79 5,760,463,675.62 5,812,565,937.95 5,961,951,896.02 6,019,766,449.85 6,217,289,170.11 6,405,099,337.46  
  (2) Allowance on NPA 102,430,685.60 102,603,183.30 103,540,926.78 103,849,147.12 102,550,933.13 102,292,224.21 102,811,676.15 105,993,170.69 105,333,828.32 105,886,667.16 104,696,313.44 105,306,092.13  
  NPA Coverage Ratio 63.85 63.66 65.09 65.56 65.75 66.57 66.75 67.35 67.41 67.62 67.18 69.16  
  Allowance on NPA 102,430,685.60 102,603,183.30 103,540,926.78 103,849,147.12 102,550,933.13 102,292,224.21 102,811,676.15 105,993,170.69 105,333,828.32 105,886,667.16 104,696,313.44 105,306,092.13  
  NPA 160,422,159.32 161,171,725.24 159,071,202.46 158,410,534.09 155,959,370.75 153,654,304.34 154,023,339.65 157,383,256.00 156,253,683.26 156,596,918.05 155,842,896.56 152,264,540.40  
  Distressed Assets Ratio 6.31 6.26 6.10 5.91 5.79 5.52 5.52 5.56 5.50 5.43 5.31 5.08  
  Distressed Assets 176,701,642.17 177,437,533.55 173,145,106.47 171,785,141.55 169,043,922.53 166,922,393.85 167,103,902.01 171,743,411.64 170,788,318.22 171,655,724.84 171,085,193.24 168,236,184.27  
  NPA 160,422,159.32 161,171,725.24 159,071,202.46 158,410,534.09 155,959,370.75 153,654,304.34 154,023,339.65 157,383,256.00 156,253,683.26 156,596,918.05 155,842,896.56 152,264,540.40  
  RL, Performing 16,279,482.84 16,265,808.31 14,073,904.01 13,374,607.47 13,084,551.78 13,268,089.51 13,080,562.36 14,360,155.64 14,534,634.96 15,058,806.80 15,242,296.69 15,971,643.87  
  TLP, gross  2,692,326,320.23 2,724,240,874.63 2,732,954,160.88 2,801,825,628.11 2,815,475,243.29 2,921,417,347.91 2,922,829,120.39 2,983,054,688.06 3,000,486,430.13 3,056,683,369.59 3,118,979,367.98 3,211,158,305.09  
  Total ROPA 108,729,475.32 108,163,417.93 107,223,332.91 106,390,194.93 105,802,986.80 105,253,593.89 104,667,091.28 105,314,568.42 104,915,837.19 106,619,535.10 105,316,148.96 103,608,237.06  
  (1) ROPA, gross 100,772,115.15 100,741,985.22 99,702,593.74 98,801,820.56 97,871,984.86 97,142,831.02 96,496,035.41 97,169,069.41 96,841,171.25 97,888,964.16 97,083,413.96 95,408,244.18  
  (2) Performing SCR 7,957,360.17 7,421,432.72 7,520,739.17 7,588,374.37 7,931,001.94 8,110,762.87 8,171,055.87 8,145,499.01 8,074,665.94 8,730,570.94 8,232,735.00 8,199,992.88  
  LIQUIDITY RATIOS  
  (1) Cash and Due from Banks to Deposits 23.50 23.89 22.00 22.45 21.37 22.18 22.87 23.22 24.52 23.16 25.05 25.09  
  Cash and Due from Banks   931,673,038.59 956,752,581.47 875,450,614.12 907,255,773.45 864,514,848.84 923,425,838.05 927,709,883.59 954,881,535.52 1,035,475,612.51 981,617,901.32 1,098,260,274.74 1,153,562,661.79  
  Deposits 3,964,033,650.51 4,005,346,441.47 3,979,292,393.31 4,042,031,389.40 4,045,654,358.62 4,163,211,156.30 4,056,901,726.53 4,112,531,118.32 4,222,273,913.52 4,237,528,737.89 4,383,524,445.60 4,597,516,284.54  
  (2) Liquid Assets to Deposits Ratio 59.16 59.74 58.82 58.33 57.59 56.84 58.97 58.23 59.73 59.63 60.38 59.62  
  Liquid Assets, sum of: 2,345,229,861.44 2,392,629,766.23 2,340,762,010.34 2,357,596,298.79 2,329,833,077.34 2,366,207,877.09 2,392,365,581.50 2,394,634,766.18 2,521,960,971.87 2,526,650,147.73 2,646,883,761.08 2,740,967,121.66  
  (1) Cash and Due from Banks 931,673,038.59 956,752,581.47 875,450,614.12 907,255,773.45 864,514,848.84 923,425,838.05 927,709,883.59 954,881,535.52 1,035,475,612.51 981,617,901.32 1,098,260,274.74 1,153,562,661.79  
  (2) Financial Assets, net (excl. equity investments) 1,413,556,822.85 1,435,877,184.76 1,465,311,396.21 1,450,340,525.34 1,465,318,228.50 1,442,782,039.04 1,464,655,697.91 1,439,753,230.66 1,486,485,359.36 1,545,032,246.41 1,548,623,486.35 1,587,404,459.87  
  Deposits 3,964,033,650.51 4,005,346,441.47 3,979,292,393.31 4,042,031,389.40 4,045,654,358.62 4,163,211,156.30 4,056,901,726.53 4,112,531,118.32 4,222,273,913.52 4,237,528,737.89 4,383,524,445.60 4,597,516,284.54  
  (3) Loans (gross) to Deposits 68.67 68.79 69.45 70.08 70.38 70.94 72.84 73.35 71.85 72.91 71.91 70.56  
  Loans (gross) 2,722,110,790.76 2,755,379,132.28 2,763,714,957.42 2,832,663,914.45 2,847,464,836.36 2,953,526,354.29 2,955,229,528.08 3,016,583,354.29 3,033,798,798.21 3,089,546,031.43 3,152,249,805.07 3,244,167,230.19  
  Deposits 3,964,033,650.51 4,005,346,441.47 3,979,292,393.31 4,042,031,389.40 4,045,654,358.62 4,163,211,156.30 4,056,901,726.53 4,112,531,118.32 4,222,273,913.52 4,237,528,737.89 4,383,524,445.60 4,597,516,284.54  
  SELECTED PROFITABILITY RATIOS  
  (1)  Return on Assets (ROA) 1.70 1.63 1.65 1.68  
  Annualized Net Profit or Loss  91,382,379.45 91,439,584.36 94,126,936.27 101,412,906.81  
  Average Assets 5,385,206,174.22 5,607,669,751.44 5,703,613,339.74 6,034,250,570.63  
  Total Assets (last year) 5,243,458,162.16 5,466,473,100.09 5,445,274,783.45 5,663,401,803.80  
  Total Assets (current year) 5,526,954,186.28 5,748,866,402.79 5,961,951,896.02 6,405,099,337.46  
  (2) Return on Equity (ROE) 14.21 13.83 13.28 13.68  
  Annualized Net Profit or Loss  91,382,379.45 91,439,584.36 94,126,936.27 101,412,906.81  
  Average Capital 643,112,258.76 661,165,987.80 708,988,531.43 741,055,836.69  
  Total Capital (last year) 595,992,179.16 624,109,210.72 641,142,777.02 681,595,694.23  
  Total Capital (current year) 690,232,338.37 698,222,764.88 776,834,285.84 800,515,979.15  
  (3) Earning Asset Yield 5.14 4.92 4.92 4.72  
  Annualized Interest Income 246,442,471.19 246,037,536.64 250,985,542.69 253,883,571.86  
  Average Earning Assets 4,793,773,621.04 5,003,743,293.94 5,102,137,017.57 5,379,157,865.44  
  Earning Assets (last year) 4,672,580,234.47 4,879,324,246.66 4,861,153,602.54 5,013,146,687.30  
  Earning Assets (current year) 4,914,967,007.61 5,128,162,341.21 5,343,120,432.59 5,745,169,043.58  
  (4) Funding Cost 1.84 1.75 1.74 1.61  
  Annualized Interest Expense 81,292,236.99 80,665,114.21 80,458,071.06 79,451,294.05  
  Average Interest Bearing Liabilities 4,422,444,096.08 4,616,709,529.40 4,633,203,615.41 4,920,618,555.36  
  Interest Bearing Liabilities (last year) 4,351,124,650.49 4,544,377,162.40 4,477,812,203.71 4,674,642,113.33  
  Interest Bearing Liabilities (current year) 4,493,763,541.67 4,689,041,896.40 4,788,595,027.10 5,166,594,997.38  
  (5) Interest Spread 3.30 3.17 3.18 3.11  
  (3) Earning Asset Yield 5.14 4.92 4.92 4.72  
  (4) Funding Cost 1.84 1.75 1.74 1.61  
  (6) Net Interest Margin 3.44 3.31 3.34 3.25  
  Annualized Net Interest Income 165,135,962.61 165,382,151.17 170,539,132.60 174,595,520.48  
  Average Earning Assets 4,793,773,621.04 5,003,743,293.94 5,102,137,017.57 5,379,157,865.44  
  (7) Cost to Income Ratio 62.43 63.34 63.33 61.49  
  Annualized Non-Interest Expenses 172,483,603.54 172,898,816.78 180,821,950.96 181,669,581.95  
  Annualized Total Operating Income 276,287,159.47 272,968,331.67 285,544,829.58 295,433,024.42  
  (8) Net Interest Income to Total Operating Income 59.77 60.59 59.72 59.10  
  Annualized Net Interest Income  165,135,962.61 165,382,151.17 170,539,132.60 174,595,520.48  
  Annualized Total Operating Income 276,287,159.47 272,968,331.67 285,544,829.58 295,433,024.42  
  (9) Non-interest Income to Total Operating Income 40.23 39.41 40.28 40.90  
  Annualized Non-Interest Income 111,151,196.86 107,586,180.50 115,005,696.98 120,837,503.94  
  Annualized Total Operating Income 276,287,159.47 272,968,331.67 285,544,829.58 295,433,024.42  
  CAPITAL ADEQUACY  
  Capital Adequacy Ratio - Solo 16.24 16.08 17.34 16.42  
  Capital Adequacy Ratio - Conso 17.67 17.45 19.19 17.75  
  Total Capital Accounts to Total Assets 12.61 12.45 12.49 12.23 12.23 12.15 13.24 13.24 13.03 13.08 12.78 12.50