25 Selected Performance Indicators                          
                             
                             
  Universal Bank Group                          
  as of end of periods indicated                          
  amounts in thousand Pesos, ratios in percent (%)                          
                             
   
  Selected Accounts Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14  
   
  ASSET QUALITY RATIOS:   
  Past Due Ratio 2.42 2.41 2.33 2.37 2.36 2.29 2.28 2.36 2.18 2.23 2.10 1.85  
  Past Due Loans 91,762,221.58 92,715,093.19 91,889,139.93 93,301,759.47 94,432,743.84 93,687,830.71 93,318,036.26 97,903,526.90 93,901,032.91 95,656,212.17 92,363,890.78 87,711,161.10  
  Total Loan Portfolio (TLP), gross  3,787,547,314.40 3,847,297,834.64 3,937,772,327.29 3,941,059,518.43 4,003,835,494.65 4,096,252,526.12 4,089,018,416.67 4,150,505,854.82 4,298,611,052.42 4,292,298,966.61 4,408,234,122.15 4,732,131,590.16  
  RL to TLP 0.68 0.67 0.65 0.66 0.67 0.66 0.65 0.65 0.62 0.62 0.60 0.54  
  Restructured Loans (RL), gross 25,683,224.21 25,631,580.96 25,766,940.59 25,832,557.55 26,755,939.00 26,959,509.20 26,765,705.49 27,015,550.16 26,488,863.45 26,467,464.50 26,296,059.40 25,341,775.49  
  TLP, gross  3,787,547,314.40 3,847,297,834.64 3,937,772,327.29 3,941,059,518.43 4,003,835,494.65 4,096,252,526.12 4,089,018,416.67 4,150,505,854.82 4,298,611,052.42 4,292,298,966.61 4,408,234,122.15 4,732,131,590.16  
  Loan Loss Reserves (LLR) to TLP 3.09 3.03 2.94 2.94 2.92 2.88 2.89 2.88 2.74 2.75 2.69 2.47  
  Allowance for Credit Losses (ACL) - TLP 116,932,766.10 116,693,291.38 115,856,824.42 115,850,607.98 116,904,314.97 117,959,151.05 118,119,129.52 119,570,367.32 117,985,000.90 118,072,068.54 118,693,271.99 116,768,804.55  
  TLP, gross  3,787,547,314.40 3,847,297,834.64 3,937,772,327.29 3,941,059,518.43 4,003,835,494.65 4,096,252,526.12 4,089,018,416.67 4,150,505,854.82 4,298,611,052.42 4,292,298,966.61 4,408,234,122.15 4,732,131,590.16  
  Gross NPL Ratio 2.18 2.21 2.14 2.17 2.18 2.11 2.13 2.19 1.99 2.00 1.93 1.72  
  Gross Non-Performing Loans (NPL) 82,524,858.62 84,833,422.70 84,442,585.01 85,533,651.37 87,378,884.47 86,240,100.94 86,995,550.24 90,834,355.86 85,605,095.46 85,944,186.00 84,950,732.24 81,613,282.15  
  TLP, gross  3,787,547,314.40 3,847,297,834.64 3,937,772,327.29 3,941,059,518.43 4,003,835,494.65 4,096,252,526.12 4,089,018,416.67 4,150,505,854.82 4,298,611,052.42 4,292,298,966.61 4,408,234,122.15 4,732,131,590.16  
  Gross NPL Ratio, net of IBL 2.24 2.26 2.20 2.22 2.24 2.17 2.18 2.26 2.05 2.05 1.98 1.79  
  Gross NPL, net of NP IBL 81,789,939.03 84,101,762.23 83,690,916.88 84,769,080.31 86,759,693.06 85,625,720.84 86,382,609.34 90,205,112.24 84,928,233.07 85,249,147.68 84,249,239.56 80,927,573.41  
  (1) Gross NPL 82,524,858.62 84,833,422.70 84,442,585.01 85,533,651.37 87,378,884.47 86,240,100.94 86,995,550.24 90,834,355.86 85,605,095.46 85,944,186.00 84,950,732.24 81,613,282.15  
  (2) Non-performing IBL 734,919.58 731,660.47 751,668.13 764,571.06 619,191.41 614,380.09 612,940.91 629,243.62 676,862.39 695,038.31 701,492.68 685,708.74  
  TLP, gross net of IBL 3,653,317,546.23 3,719,931,106.42 3,796,326,495.65 3,817,359,567.94 3,864,701,680.32 3,946,867,688.65 3,954,080,905.69 3,991,672,200.57 4,147,874,494.90 4,167,731,681.73 4,261,028,176.00 4,528,856,723.68  
  (1) TLP, gross 3,787,547,314.40 3,847,297,834.64 3,937,772,327.29 3,941,059,518.43 4,003,835,494.65 4,096,252,526.12 4,089,018,416.67 4,150,505,854.82 4,298,611,052.42 4,292,298,966.61 4,408,234,122.15 4,732,131,590.16  
  (2) Interbank Loans Receivables (IBL) 134,229,768.17 127,366,728.21 141,445,831.64 123,699,950.49 139,133,814.33 149,384,837.47 134,937,510.99 158,833,654.25 150,736,557.52 124,567,284.88 147,205,946.14 203,274,866.49  
  Net NPL Ratio 0.26 0.34 0.34 0.37 0.42 0.37 0.40 0.45 0.36 0.38 0.34 0.31  
  NPL, net of Specific ACL 10,022,359.10 13,248,780.47 13,559,687.59 14,615,293.96 16,803,687.56 14,959,240.51 16,265,088.65 18,776,581.59 15,336,109.46 16,251,591.47 14,907,942.60 14,606,778.90  
  (1) Gross NPL 82,524,858.62 84,833,422.70 84,442,585.01 85,533,651.37 87,378,884.47 86,240,100.94 86,995,550.24 90,834,355.86 85,605,095.46 85,944,186.00 84,950,732.24 81,613,282.15  
  (2) Specific ACL 72,502,499.52 71,584,642.24 70,882,897.42 70,918,357.41 70,575,196.91 71,280,860.43 70,730,461.60 72,057,774.27 70,268,986.00 69,692,594.53 70,042,789.64 67,006,503.25  
  TLP, gross  3,787,547,314.40 3,847,297,834.64 3,937,772,327.29 3,941,059,518.43 4,003,835,494.65 4,096,252,526.12 4,089,018,416.67 4,150,505,854.82 4,298,611,052.42 4,292,298,966.61 4,408,234,122.15 4,732,131,590.16  
  NPL Coverage Ratio 141.69 137.56 137.20 135.44 133.79 136.78 135.78 131.64 137.82 137.38 139.72 143.08  
  ACL - TLP 116,932,766.10 116,693,291.38 115,856,824.42 115,850,607.98 116,904,314.97 117,959,151.05 118,119,129.52 119,570,367.32 117,985,000.90 118,072,068.54 118,693,271.99 116,768,804.55  
  Gross NPL 82,524,858.62 84,833,422.70 84,442,585.01 85,533,651.37 87,378,884.47 86,240,100.94 86,995,550.24 90,834,355.86 85,605,095.46 85,944,186.00 84,950,732.24 81,613,282.15  
  NPA to Gross Assets  2.10 2.12 2.08 2.11 2.11 2.06 2.08 2.10 1.99 1.97 1.91 1.77  
  Non-Performing Assets (NPA) 172,880,884.11 174,463,432.41 173,939,600.37 174,466,044.78 176,212,160.52 175,098,784.61 175,478,779.83 179,207,948.46 171,349,027.74 169,653,418.74 167,913,639.38 164,214,403.81  
  (1) Gross NPL 82,524,858.62 84,833,422.70 84,442,585.01 85,533,651.37 87,378,884.47 86,240,100.94 86,995,550.24 90,834,355.86 85,605,095.46 85,944,186.00 84,950,732.24 81,613,282.15  
  (2) ROPA, gross 90,356,025.49 89,630,009.71 89,497,015.36 88,932,393.41 88,833,276.05 88,858,683.67 88,483,229.59 88,373,592.60 85,743,932.29 83,709,232.75 82,962,907.14 82,601,121.66  
  (a) Real and Other Properties Acquired (ROPA) 82,843,854.67 82,082,450.44 81,983,559.55 81,649,896.97 81,614,002.51 82,047,802.55 81,373,136.54 81,305,510.66 79,521,182.14 77,680,395.65 77,238,827.49 76,907,744.71  
  (b) Non-Current Assets Held for Sale 3,000,304.39 2,991,606.63 2,984,988.61 3,060,081.98 3,003,858.92 2,762,222.11 2,661,396.97 2,916,115.25 2,138,053.26 2,167,485.73 2,107,550.58 1,761,729.34  
  (c) Non-Performing Sales Contract Receivables (SCR) 4,511,866.43 4,555,952.64 4,528,467.20 4,222,414.46 4,215,414.63 4,048,659.01 4,448,696.09 4,151,966.69 4,084,696.89 3,861,351.37 3,616,529.06 3,931,647.61  
  Gross Assets 8,233,600,972.75 8,244,909,379.88 8,379,329,536.72 8,273,116,465.99 8,348,089,543.64 8,512,570,835.29 8,453,728,910.54 8,516,307,600.67 8,608,106,778.89 8,601,976,210.21 8,812,906,042.66 9,291,036,904.25  
  (1) Total Assets 8,091,006,993.67 8,102,107,149.92 8,236,950,838.83 8,130,777,452.33 8,204,750,387.98 8,368,129,229.33 8,309,349,711.95 8,370,346,846.20 8,464,309,021.77 8,458,106,857.30 8,668,421,245.05 9,145,428,194.71  
  (2) Allowance on NPA 142,593,979.08 142,802,229.97 142,378,697.89 142,339,013.66 143,339,155.66 144,441,605.96 144,379,198.60 145,960,754.47 143,797,757.12 143,869,352.90 144,484,797.61 145,608,709.54  
  NPA Coverage Ratio 82.48 81.85 81.86 81.59 81.34 82.49 82.28 81.45 83.92 84.80 86.05 88.67  
  Allowance on NPA 142,593,979.08 142,802,229.97 142,378,697.89 142,339,013.66 143,339,155.66 144,441,605.96 144,379,198.60 145,960,754.47 143,797,757.12 143,869,352.90 144,484,797.61 145,608,709.54  
  NPA 172,880,884.11 174,463,432.41 173,939,600.37 174,466,044.78 176,212,160.52 175,098,784.61 175,478,779.83 179,207,948.46 171,349,027.74 169,653,418.74 167,913,639.38 164,214,403.81  
  Distressed Assets Ratio 4.83 4.80 4.67 4.68 4.66 4.54 4.55 4.58 4.25 4.23 4.09 3.72  
  Distressed Assets 187,687,766.04 189,110,642.18 188,530,873.10 188,667,986.09 190,958,046.93 190,157,258.38 190,365,225.85 194,567,336.78 186,519,540.91 185,438,034.89 184,105,783.99 179,524,984.47  
  NPA 172,880,884.11 174,463,432.41 173,939,600.37 174,466,044.78 176,212,160.52 175,098,784.61 175,478,779.83 179,207,948.46 171,349,027.74 169,653,418.74 167,913,639.38 164,214,403.81  
  RL, Performing 14,806,881.94 14,647,209.77 14,591,272.73 14,201,941.31 14,745,886.42 15,058,473.77 14,886,446.02 15,359,388.32 15,170,513.16 15,784,616.14 16,192,144.61 15,310,580.67  
  TLP, gross  3,787,547,314.40 3,847,297,834.64 3,937,772,327.29 3,941,059,518.43 4,003,835,494.65 4,096,252,526.12 4,089,018,416.67 4,150,505,854.82 4,298,611,052.42 4,292,298,966.61 4,408,234,122.15 4,732,131,590.16  
  Total ROPA 96,216,744.09 95,562,940.38 95,132,855.36 94,573,243.50 94,252,548.03 94,280,501.91 93,388,448.28 93,779,100.13 91,858,310.88 89,766,079.60 89,125,790.56 88,467,810.19  
  (1) ROPA, gross 90,356,025.49 89,630,009.71 89,497,015.36 88,932,393.41 88,833,276.05 88,858,683.67 88,483,229.59 88,373,592.60 85,743,932.29 83,709,232.75 82,962,907.14 82,601,121.66  
  (2) Performing SCR 5,860,718.60 5,932,930.68 5,635,840.00 5,640,850.09 5,419,271.98 5,421,818.24 4,905,218.69 5,405,507.53 6,114,378.59 6,056,846.86 6,162,883.42 5,866,688.53  
  LIQUIDITY RATIOS  
  (1) Cash and Due from Banks to Deposits 32.95 32.21 31.43 30.42 30.45 30.47 30.21 29.80 28.28 27.80 27.32 28.02  
  Cash and Due from Banks   2,067,781,388.95 2,010,658,912.90 1,985,214,232.27 1,901,751,868.68 1,912,254,589.03 1,965,882,281.07 1,942,274,378.26 1,922,862,777.89 1,846,271,098.94 1,817,074,987.01 1,823,352,206.26 1,967,909,724.83  
  Deposits 6,276,263,590.46 6,242,261,730.87 6,316,147,181.59 6,252,417,086.03 6,279,293,343.46 6,450,879,985.98 6,429,812,055.41 6,452,905,296.34 6,529,303,376.33 6,535,978,135.81 6,673,783,688.09 7,024,201,963.81  
  (2) Liquid Assets to Deposits Ratio 61.22 60.82 60.63 59.67 59.72 58.94 58.58 58.12 56.64 56.31 56.43 55.73  
  Liquid Assets, sum of: 3,842,240,115.93 3,796,434,396.40 3,829,537,856.88 3,730,740,141.95 3,750,221,617.63 3,801,907,106.76 3,766,456,532.58 3,750,682,416.70 3,697,950,255.77 3,680,087,002.73 3,765,907,862.53 3,914,721,496.46  
  (1) Cash and Due from Banks 2,067,781,388.95 2,010,658,912.90 1,985,214,232.27 1,901,751,868.68 1,912,254,589.03 1,965,882,281.07 1,942,274,378.26 1,922,862,777.89 1,846,271,098.94 1,817,074,987.01 1,823,352,206.26 1,967,909,724.83  
  (2) Financial Assets, net (excl. equity investments) 1,774,458,726.98 1,785,775,483.50 1,844,323,624.62 1,828,988,273.27 1,837,967,028.61 1,836,024,825.69 1,824,182,154.32 1,827,819,638.81 1,851,679,156.83 1,863,012,015.72 1,942,555,656.27 1,946,811,771.63  
  Deposits 6,276,263,590.46 6,242,261,730.87 6,316,147,181.59 6,252,417,086.03 6,279,293,343.46 6,450,879,985.98 6,429,812,055.41 6,452,905,296.34 6,529,303,376.33 6,535,978,135.81 6,673,783,688.09 7,024,201,963.81  
  (3) Loans (gross) to Deposits 60.35 61.63 62.34 63.03 63.76 63.50 63.59 64.32 65.84 65.67 66.05 67.37  
  Loans (gross) 3,787,547,314.40 3,847,297,834.64 3,937,772,327.29 3,941,059,518.43 4,003,835,494.65 4,096,252,526.12 4,089,018,416.67 4,150,505,854.82 4,298,611,052.42 4,292,298,966.61 4,408,234,122.15 4,732,131,590.16  
  Deposits 6,276,263,590.46 6,242,261,730.87 6,316,147,181.59 6,252,417,086.03 6,279,293,343.46 6,450,879,985.98 6,429,812,055.41 6,452,905,296.34 6,529,303,376.33 6,535,978,135.81 6,673,783,688.09 7,024,201,963.81  
  SELECTED PROFITABILITY RATIOS  
  (1)  Return on Assets (ROA) 1.36 1.27 1.27 1.34  
  Annualized Net Profit or Loss  100,097,267.17 96,621,217.91 99,817,065.84 115,928,897.27  
  Average Assets 7,346,151,253.87 7,602,493,808.31 7,882,278,169.81 8,645,846,338.79  
  Total Assets (last year) 6,455,351,668.90 6,836,858,387.29 7,300,247,317.84 8,146,264,482.87  
  Total Assets (current year) 8,236,950,838.83 8,368,129,229.33 8,464,309,021.77 9,145,428,194.71  
  (2) Return on Equity (ROE) 11.01 10.78 10.85 11.96  
  Annualized Net Profit or Loss  100,097,267.17 96,621,217.91 99,817,065.84 115,928,897.27  
  Average Capital 908,858,282.15 896,493,254.57 920,145,718.40 969,284,919.29  
  Total Capital (last year) 900,598,559.73 849,974,981.84 866,033,085.88 879,861,819.26  
  Total Capital (current year) 917,118,004.57 943,011,527.30 974,258,350.93 1,058,708,019.31  
  (3) Earning Asset Yield 4.12 4.10 4.05 3.76  
  Annualized Interest Income 274,404,731.67 284,330,862.08 292,391,539.05 297,691,695.99  
  Average Earning Assets 6,664,586,973.83 6,940,837,875.87 7,222,321,689.88 7,914,375,369.52  
  Earning Assets (last year) 5,748,265,428.63 6,164,671,195.19 6,644,444,680.75 7,468,749,427.32  
  Earning Assets (current year) 7,580,908,519.03 7,717,004,556.56 7,800,198,699.02 8,360,001,311.73  
  (4) Funding Cost 1.05 0.99 0.96 0.88  
  Annualized Interest Expense 62,967,943.60 61,969,295.95 63,140,475.11 64,171,853.90  
  Average Interest Bearing Liabilities 5,998,052,734.06 6,291,056,802.28 6,550,624,930.04 7,268,893,675.33  
  Interest Bearing Liabilities (last year) 5,124,839,608.30 5,587,443,513.51 6,006,208,258.90 6,850,779,669.45  
  Interest Bearing Liabilities (current year) 6,871,265,859.83 6,994,670,091.05 7,095,041,601.18 7,687,007,681.20  
  (5) Interest Spread 3.07 3.11 3.08 2.88  
  (3) Earning Asset Yield 4.12 4.10 4.05 3.76  
  (4) Funding Cost 1.05 0.99 0.96 0.88  
  (6) Net Interest Margin 3.17 3.20 3.17 2.95  
  Annualized Net Interest Income 211,392,811.38 222,355,668.03 229,232,489.49 233,519,363.34  
  Average Earning Assets 6,664,586,973.83 6,940,837,875.87 7,222,321,689.88 7,914,375,369.52  
  (7) Cost to Income Ratio 62.91 63.17 62.67 60.00  
  Annualized Non-Interest Expenses 194,035,506.74 199,451,804.56 205,442,326.74 208,541,507.25  
  Annualized Total Operating Income 308,424,731.00 315,760,582.27 327,832,653.70 347,542,423.84  
  (8) Net Interest Income to Total Operating Income 68.54 70.42 69.92 67.19  
  Annualized Net Interest Income  211,392,811.38 222,355,668.03 229,232,489.49 233,519,363.34  
  Annualized Total Operating Income 308,424,731.00 315,760,582.27 327,832,653.70 347,542,423.84  
  (9) Non-interest Income to Total Operating Income 31.46 29.58 30.08 32.81  
  Annualized Non-Interest Income 97,031,919.62 93,404,914.24 98,600,164.20 114,023,060.50  
  Annualized Total Operating Income 308,424,731.00 315,760,582.27 327,832,653.70 347,542,423.84  
  CAPITAL ADEQUACY  
  Capital Adequacy Ratio - Solo 14.46 14.98 15.48 14.97  
  Capital Adequacy Ratio - Conso 15.62 15.92 16.35 16.09  
  Total Capital Accounts to Total Assets 10.72 11.20 11.13 11.29 11.56 11.27 11.58 11.62 11.51 11.83 11.79 11.58