25 Selected Performance Indicators                          
                             
                             
  Universal Bank Group                          
  as of end of periods indicated                          
  amounts in thousand Pesos, ratios in percent (%)                          
                             
   
  Selected Accounts Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13  
   
  ASSET QUALITY RATIOS:   
  Past Due Ratio 3.16 3.09 2.98 3.02 3.04 2.93 2.92 2.94 2.80 2.82 2.64 2.28  
  Past Due Loans 100,276,926.24 97,219,952.08 94,863,977.52 97,642,678.70 98,664,836.75 98,167,392.34 97,353,065.10 99,502,614.90 98,109,641.90 99,543,907.49 95,819,765.07 87,449,014.08  
  Total Loan Portfolio (TLP), gross  3,176,047,186.67 3,148,915,380.60 3,185,532,665.18 3,230,054,187.96 3,245,828,231.48 3,348,457,185.28 3,328,394,749.63 3,385,208,056.85 3,498,068,230.27 3,532,994,718.10 3,626,087,597.84 3,835,048,358.18  
  RL to TLP 0.92 0.91 0.88 0.80 0.84 0.81 0.76 0.75 0.69 0.71 0.67 0.65  
  Restructured Loans (RL), gross 29,087,870.56 28,636,226.31 28,149,096.79 25,886,872.73 27,406,678.82 27,049,952.46 25,255,243.59 25,221,834.30 24,140,375.42 24,938,298.59 24,362,384.48 24,894,698.14  
  TLP, gross  3,176,047,186.67 3,148,915,380.60 3,185,532,665.18 3,230,054,187.96 3,245,828,231.48 3,348,457,185.28 3,328,394,749.63 3,385,208,056.85 3,498,068,230.27 3,532,994,718.10 3,626,087,597.84 3,835,048,358.18  
  Loan Loss Reserves (LLR) to TLP 3.62 3.57 3.54 3.55 3.56 3.48 3.52 3.45 3.33 3.33 3.13 3.04  
  Allowance for Credit Losses (ACL) - TLP 115,010,454.77 112,338,368.47 112,836,937.28 114,656,608.31 115,463,163.36 116,579,156.32 117,265,463.74 116,848,549.47 116,471,746.35 117,542,804.28 113,447,643.31 116,415,245.13  
  TLP, gross  3,176,047,186.67 3,148,915,380.60 3,185,532,665.18 3,230,054,187.96 3,245,828,231.48 3,348,457,185.28 3,328,394,749.63 3,385,208,056.85 3,498,068,230.27 3,532,994,718.10 3,626,087,597.84 3,835,048,358.18  
  Gross NPL Ratio 2.89 2.86 2.77 2.78 2.79 2.70 2.71 2.69 2.57 2.59 2.40 2.13  
  Gross Non-Performing Loans (NPL) 91,911,632.08 89,945,849.11 88,337,134.49 89,782,821.14 90,476,098.93 90,323,073.96 90,255,004.79 91,030,562.30 90,025,305.83 91,379,455.53 87,066,101.38 81,673,160.04  
  TLP, gross  3,176,047,186.67 3,148,915,380.60 3,185,532,665.18 3,230,054,187.96 3,245,828,231.48 3,348,457,185.28 3,328,394,749.63 3,385,208,056.85 3,498,068,230.27 3,532,994,718.10 3,626,087,597.84 3,835,048,358.18  
  Gross NPL Ratio, net of IBL 2.97 2.92 2.83 2.86 2.85 2.75 2.76 2.74 2.63 2.63 2.46 2.19  
  Gross NPL, net of NP IBL 91,158,315.68 89,180,472.64 87,532,711.90 88,924,067.77 89,503,568.75 89,261,091.33 89,143,346.56 89,902,484.15 88,874,095.33 90,199,697.63 86,319,151.58 80,936,758.13  
  (1) Gross NPL 91,911,632.08 89,945,849.11 88,337,134.49 89,782,821.14 90,476,098.93 90,323,073.96 90,255,004.79 91,030,562.30 90,025,305.83 91,379,455.53 87,066,101.38 81,673,160.04  
  (2) Non-performing IBL 753,316.41 765,376.47 804,422.59 858,753.37 972,530.18 1,061,982.63 1,111,658.23 1,128,078.15 1,151,210.50 1,179,757.89 746,949.80 736,401.91  
  TLP, gross net of IBL 3,064,309,632.74 3,054,541,749.40 3,089,652,215.37 3,110,562,153.81 3,144,894,352.23 3,244,728,004.77 3,232,173,503.27 3,286,825,548.03 3,379,347,505.64 3,426,438,787.03 3,510,246,337.14 3,703,483,180.52  
  (1) TLP, gross 3,176,047,186.67 3,148,915,380.60 3,185,532,665.18 3,230,054,187.96 3,245,828,231.48 3,348,457,185.28 3,328,394,749.63 3,385,208,056.85 3,498,068,230.27 3,532,994,718.10 3,626,087,597.84 3,835,048,358.18  
  (2) Interbank Loans Receivables (IBL) 111,737,553.92 94,373,631.21 95,880,449.81 119,492,034.15 100,933,879.26 103,729,180.51 96,221,246.36 98,382,508.81 118,720,724.63 106,555,931.07 115,841,260.69 131,565,177.65  
  Net NPL Ratio 0.48 0.50 0.48 0.48 0.47 0.43 0.44 0.46 0.45 0.44 0.41 0.24  
  NPL, net of Specific ACL 15,361,761.82 15,633,860.50 15,197,563.06 15,443,641.66 15,270,607.57 14,435,290.57 14,494,425.13 15,723,530.49 15,775,105.28 15,557,716.25 15,008,700.39 9,371,486.63  
  (1) Gross NPL 91,911,632.08 89,945,849.11 88,337,134.49 89,782,821.14 90,476,098.93 90,323,073.96 90,255,004.79 91,030,562.30 90,025,305.83 91,379,455.53 87,066,101.38 81,673,160.04  
  (2) Specific ACL 76,549,870.27 74,311,988.61 73,139,571.42 74,339,179.48 75,205,491.36 75,887,783.38 75,760,579.66 75,307,031.82 74,250,200.55 75,821,739.28 72,057,400.99 72,301,673.41  
  TLP, gross  3,176,047,186.67 3,148,915,380.60 3,185,532,665.18 3,230,054,187.96 3,245,828,231.48 3,348,457,185.28 3,328,394,749.63 3,385,208,056.85 3,498,068,230.27 3,532,994,718.10 3,626,087,597.84 3,835,048,358.18  
  NPL Coverage Ratio 125.13 124.90 127.73 127.70 127.62 129.07 129.93 128.36 129.38 128.63 130.30 142.54  
  ACL - TLP 115,010,454.77 112,338,368.47 112,836,937.28 114,656,608.31 115,463,163.36 116,579,156.32 117,265,463.74 116,848,549.47 116,471,746.35 117,542,804.28 113,447,643.31 116,415,245.13  
  Gross NPL 91,911,632.08 89,945,849.11 88,337,134.49 89,782,821.14 90,476,098.93 90,323,073.96 90,255,004.79 91,030,562.30 90,025,305.83 91,379,455.53 87,066,101.38 81,673,160.04  
  NPA to Gross Assets  2.90 2.88 2.77 2.79 2.71 2.62 2.51 2.53 2.44 2.45 2.24 2.09  
  Non-Performing Assets (NPA) 186,623,835.65 184,766,124.51 182,444,029.54 183,422,447.50 183,635,688.70 182,528,258.72 182,300,950.14 183,669,822.91 181,222,673.12 184,216,728.40 179,576,320.69 173,248,647.28  
  (1) Gross NPL 91,911,632.08 89,945,849.11 88,337,134.49 89,782,821.14 90,476,098.93 90,323,073.96 90,255,004.79 91,030,562.30 90,025,305.83 91,379,455.53 87,066,101.38 81,673,160.04  
  (2) ROPA, gross 94,712,203.57 94,820,275.40 94,106,895.05 93,639,626.36 93,159,589.77 92,205,184.76 92,045,945.35 92,639,260.61 91,197,367.29 92,837,272.88 92,510,219.31 91,575,487.24  
  (a) Real and Other Properties Acquired (ROPA) 81,351,832.17 81,641,019.45 81,334,552.94 80,986,213.49 80,554,519.92 79,576,344.54 79,284,164.29 78,958,002.54 78,841,189.88 84,641,212.89 84,471,985.45 84,280,525.03  
  (b) Non-Current Assets Held for Sale 8,899,517.02 8,556,497.03 8,426,553.98 8,410,907.48 8,446,075.10 8,543,531.37 8,565,647.98 8,605,387.24 8,125,428.63 3,662,535.59 3,749,252.70 2,942,967.45  
  (c) Non-Performing Sales Contract Receivables (SCR) 4,460,854.38 4,622,758.93 4,345,788.14 4,242,505.39 4,158,994.75 4,085,308.85 4,196,133.09 5,075,870.83 4,230,748.78 4,533,524.40 4,288,981.15 4,351,994.76  
  Gross Assets 6,430,415,215.92 6,413,897,892.52 6,593,207,395.85 6,580,561,868.54 6,774,063,421.62 6,978,141,530.68 7,255,726,802.52 7,253,471,591.87 7,440,816,079.84 7,516,705,008.56 8,032,640,360.67 8,288,427,425.22  
  (1) Total Assets 6,290,670,460.54 6,277,170,500.12 6,455,351,668.90 6,440,908,656.28 6,633,731,836.96 6,836,858,387.29 7,113,787,239.80 7,112,337,172.46 7,300,247,317.84 7,374,032,000.00 7,893,959,812.32 8,146,264,482.87  
  (2) Allowance on NPA 139,744,755.38 136,727,392.40 137,855,726.95 139,653,212.26 140,331,584.66 141,283,143.39 141,939,562.73 141,134,419.41 140,568,762.00 142,673,008.56 138,680,548.35 142,162,942.35  
  NPA Coverage Ratio 74.88 74.00 75.56 76.14 76.42 77.40 77.86 76.84 77.57 77.45 77.23 82.06  
  Allowance on NPA 139,744,755.38 136,727,392.40 137,855,726.95 139,653,212.26 140,331,584.66 141,283,143.39 141,939,562.73 141,134,419.41 140,568,762.00 142,673,008.56 138,680,548.35 142,162,942.35  
  NPA 186,623,835.65 184,766,124.51 182,444,029.54 183,422,447.50 183,635,688.70 182,528,258.72 182,300,950.14 183,669,822.91 181,222,673.12 184,216,728.40 179,576,320.69 173,248,647.28  
  Distressed Assets Ratio 6.15 6.14 5.99 5.93 5.89 5.66 5.68 5.61 5.37 5.42 5.17 4.76  
  Distressed Assets 201,688,973.73 199,550,635.56 196,736,980.90 197,492,244.05 197,225,249.99 195,263,628.40 194,793,249.11 195,572,797.47 193,044,186.37 196,817,753.10 192,568,935.77 187,420,205.67  
  NPA 186,623,835.65 184,766,124.51 182,444,029.54 183,422,447.50 183,635,688.70 182,528,258.72 182,300,950.14 183,669,822.91 181,222,673.12 184,216,728.40 179,576,320.69 173,248,647.28  
  RL, Performing 15,065,138.08 14,784,511.05 14,292,951.36 14,069,796.55 13,589,561.29 12,735,369.68 12,492,298.97 11,902,974.56 11,821,513.25 12,601,024.70 12,992,615.08 14,171,558.39  
  TLP, gross  3,176,047,186.67 3,148,915,380.60 3,185,532,665.18 3,230,054,187.96 3,245,828,231.48 3,348,457,185.28 3,328,394,749.63 3,385,208,056.85 3,498,068,230.27 3,532,994,718.10 3,626,087,597.84 3,835,048,358.18  
  Total ROPA 102,910,391.00 102,635,757.07 101,591,738.65 101,013,312.06 100,233,384.69 99,357,362.45 98,816,002.49 98,256,323.98 97,593,572.47 99,643,320.68 99,254,059.50 98,250,523.92  
  (1) ROPA, gross 94,712,203.57 94,820,275.40 94,106,895.05 93,639,626.36 93,159,589.77 92,205,184.76 92,045,945.35 92,639,260.61 91,197,367.29 92,837,272.88 92,510,219.31 91,575,487.24  
  (2) Performing SCR 8,198,187.43 7,815,481.67 7,484,843.60 7,373,685.70 7,073,794.93 7,152,177.69 6,770,057.14 5,617,063.37 6,396,205.18 6,806,047.80 6,743,840.19 6,675,036.68  
  LIQUIDITY RATIOS  
  (1) Cash and Due from Banks to Deposits 25.51 25.11 26.49 26.00 27.10 27.39 31.10 29.86 31.03 30.69 34.89 33.86  
  Cash and Due from Banks   1,138,424,700.42 1,122,142,093.19 1,207,398,849.08 1,192,466,518.83 1,299,606,970.29 1,382,788,070.01 1,653,970,274.91 1,591,456,335.81 1,709,791,260.04 1,715,274,718.88 2,109,969,458.72 2,117,085,800.25  
  Deposits 4,463,343,410.55 4,468,567,526.27 4,558,756,597.19 4,586,725,175.18 4,796,439,035.33 5,048,791,716.60 5,318,152,147.31 5,329,297,009.94 5,509,611,750.74 5,588,473,825.16 6,047,725,282.61 6,252,673,844.35  
  (2) Liquid Assets to Deposits Ratio 60.68 59.82 61.56 60.06 60.80 59.53 62.27 61.20 60.52 60.52 62.72 61.49  
  Liquid Assets, sum of: 2,708,412,832.62 2,673,318,174.47 2,806,162,411.55 2,754,641,477.91 2,916,016,099.63 3,005,344,746.82 3,311,555,163.21 3,261,423,247.12 3,334,341,699.20 3,382,163,457.37 3,793,140,959.40 3,844,645,903.39  
  (1) Cash and Due from Banks 1,138,424,700.42 1,122,142,093.19 1,207,398,849.08 1,192,466,518.83 1,299,606,970.29 1,382,788,070.01 1,653,970,274.91 1,591,456,335.81 1,709,791,260.04 1,715,274,718.88 2,109,969,458.72 2,117,085,800.25  
  (2) Financial Assets, net (excl. equity investments) 1,569,988,132.20 1,551,176,081.28 1,598,763,562.47 1,562,174,959.08 1,616,409,129.34 1,622,556,676.81 1,657,584,888.30 1,669,966,911.31 1,624,550,439.17 1,666,888,738.49 1,683,171,500.68 1,727,560,103.14  
  Deposits 4,463,343,410.55 4,468,567,526.27 4,558,756,597.19 4,586,725,175.18 4,796,439,035.33 5,048,791,716.60 5,318,152,147.31 5,329,297,009.94 5,509,611,750.74 5,588,473,825.16 6,047,725,282.61 6,252,673,844.35  
  (3) Loans (gross) to Deposits 71.16 70.47 69.88 70.42 67.67 66.32 62.59 63.52 63.49 63.22 59.96 61.33  
  Loans (gross) 3,176,047,186.67 3,148,915,380.60 3,185,532,665.18 3,230,054,187.96 3,245,828,231.48 3,348,457,185.28 3,328,394,749.63 3,385,208,056.85 3,498,068,230.27 3,532,994,718.10 3,626,087,597.84 3,835,048,358.18  
  Deposits 4,463,343,410.55 4,468,567,526.27 4,558,756,597.19 4,586,725,175.18 4,796,439,035.33 5,048,791,716.60 5,318,152,147.31 5,329,297,009.94 5,509,611,750.74 5,588,473,825.16 6,047,725,282.61 6,252,673,844.35  
  SELECTED PROFITABILITY RATIOS  
  (1)  Return on Assets (ROA) 2.09 2.11 2.01 1.70  
  Annualized Net Profit or Loss  125,379,933.16 132,823,549.65 133,430,501.93 123,485,362.97  
  Average Assets 5,991,152,927.59 6,292,862,395.04 6,631,099,606.93 7,275,681,910.17  
  Total Assets (last year) 5,526,954,186.28 5,748,866,402.79 5,961,951,896.02 6,405,099,337.46  
  Total Assets (current year) 6,455,351,668.90 6,836,858,387.29 7,300,247,317.84 8,146,264,482.87  
  (2) Return on Equity (ROE) 15.76 17.16 16.24 14.70  
  Annualized Net Profit or Loss  125,379,933.16 132,823,549.65 133,430,501.93 123,485,362.97  
  Average Capital 795,415,449.05 774,098,873.36 821,433,685.86 840,188,899.21  
  Total Capital (last year) 690,232,338.37 698,222,764.88 776,834,285.84 800,515,979.15  
  Total Capital (current year) 900,598,559.73 849,974,981.84 866,033,085.88 879,861,819.26  
  (3) Earning Asset Yield 4.78 4.55 4.28 4.00  
  Annualized Interest Income 254,695,253.89 256,790,809.58 256,450,834.31 264,117,022.87  
  Average Earning Assets 5,331,616,218.12 5,646,416,768.20 5,993,782,556.67 6,606,959,235.45  
  Earning Assets (last year) 4,914,967,007.61 5,128,162,341.21 5,343,120,432.59 5,745,169,043.58  
  Earning Assets (current year) 5,748,265,428.63 6,164,671,195.19 6,644,444,680.75 7,468,749,427.32  
  (4) Funding Cost 1.63 1.46 1.29 1.10  
  Annualized Interest Expense 78,332,652.08 74,943,931.88 69,433,190.32 65,879,008.20  
  Average Interest Bearing Liabilities 4,809,301,574.99 5,138,242,704.96 5,397,401,643.00 6,008,687,333.41  
  Interest Bearing Liabilities (last year) 4,493,763,541.67 4,689,041,896.40 4,788,595,027.10 5,166,594,997.38  
  Interest Bearing Liabilities (current year) 5,124,839,608.30 5,587,443,513.51 6,006,208,258.90 6,850,779,669.45  
  (5) Interest Spread 3.15 3.09 2.99 2.90  
  (3) Earning Asset Yield 4.78 4.55 4.28 4.00  
  (4) Funding Cost 1.63 1.46 1.29 1.10  
  (6) Net Interest Margin 3.31 3.22 3.12 3.00  
  Annualized Net Interest Income 176,506,394.09 181,968,932.33 187,128,607.08 198,200,064.76  
  Average Earning Assets 5,331,616,218.12 5,646,416,768.20 5,993,782,556.67 6,606,959,235.45  
  (7) Cost to Income Ratio 57.37 56.54 56.32 58.37  
  Annualized Non-Interest Expenses 187,286,005.91 190,613,442.29 188,671,163.50 193,607,892.08  
  Annualized Total Operating Income 326,470,768.78 337,115,464.24 334,990,947.64 331,662,452.33  
  (8) Net Interest Income to Total Operating Income 54.06 53.98 55.86 59.76  
  Annualized Net Interest Income  176,506,394.09 181,968,932.33 187,128,607.08 198,200,064.76  
  Annualized Total Operating Income 326,470,768.78 337,115,464.24 334,990,947.64 331,662,452.33  
  (9) Non-interest Income to Total Operating Income 45.94 46.02 44.14 40.24  
  Annualized Non-Interest Income 149,964,374.69 155,146,531.91 147,862,340.56 133,462,387.56  
  Annualized Total Operating Income 326,470,768.78 337,115,464.24 334,990,947.64 331,662,452.33  
  CAPITAL ADEQUACY  
  Capital Adequacy Ratio - Solo 17.07 16.99 16.63 15.58  
  Capital Adequacy Ratio - Conso 18.47 18.58 18.06 17.04  
  Total Capital Accounts to Total Assets 13.21 13.62 13.95 14.21 13.46 12.43 12.29 11.99 11.86 12.37 11.49 10.80