12  CONSOLIDATED STATEMENT OF CONDITION AND KEY RATIOS
Universal and Commercial Banking System
as of end of periods indicated
in billion pesos
Selected Accounts				Jan-10	Feb-10	Mar-10	Apr-10	May-10	Jun-10
	Asset Accounts 1/			5,398.229	5,441.134	5,456.468	5,455.748	5,564.722	5,584.759
	Cash and Due from Banks			825.620	850.176	880.970	836.143	905.209	848.748
	Financial Assets, Excl of  Equity Investments in Subs., Assoc. and Joint Vent (Net of Amortization)			1,514.195	1,535.916	1,572.771	1,589.684	1,603.247	1,577.431
		Financial Assets Held for Trading (HFT)		187.584	212.411	229.912	237.651	209.991	181.353
		Financial Assets Designated at Fair Value through Profit or Loss - Debt Sect		11.744	10.244	10.083	9.495	10.285	10.797
		AFS Financial Assets, Net of Amortization		617.626	630.832	644.404	665.039	688.887	688.852
			AFS Debt Securities	599.714	613.051	628.573	648.408	669.787	672.651
			Unamortized Discount/Premium	10.843	10.740	7.282	8.162	10.656	8.504
			AFS-Debt Securities Net of Amortization	610.557	623.791	635.855	656.570	680.444	681.156
			AFS-Equity Securities	7.068	7.041	8.550	8.470	8.444	7.696
		Held-to-Maturity (HTM) Financial Assets		481.085	472.264	469.111	463.158	484.329	487.359
			Unamortized Discount/Premium	6.816	7.426	7.646	7.075	7.180	7.011
		HTM Financial Assets - Net of Amortization		487.901	479.689	476.757	470.233	491.509	494.371
		Unquoted Debt Securities Classified as Loans		214.523	208.306	215.977	211.046	207.110	207.035
			Unamortized Discount/Premium	(30.002)	(30.117)	(29.468)	(28.958)	(29.029)	(29.440)
		Unquoted Debt Securities Classified as Loans -Net of Amortization		184.521	178.189	186.509	182.088	178.081	177.594
		Investment in Non-Markeatable Equity Securities (INMES)		24.819	24.549	25.104	25.178	24.494	24.464
	Accumulated Market Gain (Losses) -Financial Assets			10.774	12.700	15.382	15.274	14.286	17.249
	Allowance for Credit Losses-Financial Assets			24.910	26.317	26.946	28.168	26.807	26.940
		Allowance for Credit Losses-AFS		7.952	9.168	9.250	9.366	8.566	8.212
		Allowance for Credit Losses-HTM		1.420	1.411	1.383	1.359	1.216	1.167
		Allowance for Credit Losses-Unquoted Debt Securities Classified as Loans		10.600	11.187	11.750	12.879	13.417	13.996
		Allowance for Credit Losses- INMES		4.938	4.551	4.563	4.564	3.609	3.564
	Financial Assets -Net of Allowance for Credit Losses			1,500.059	1,522.298	1,561.207	1,576.791	1,590.727	1,567.739
	Equity Investments In Subsidiaries, Assoc. & Joint Vent.			119.306	119.774	129.703	130.854	129.581	129.736
	Allowance for Credit Losses-Equity Investment in Subsidiaries, Assoc. and Joint Vent			1.234	1.234	1.234	1.231	1.213	1.213
	Equity Investments In Subsidiaries, Assoc. & Joint Vent.(Net of Allow. For Credit Losses)			118.072	118.540	128.469	129.623	128.368	128.523
	Total Loan Portfolio, gross (net of amortization)			2,603.723	2,605.994	2,553.420	2,573.002	2,593.138	2,703.424
		Loans and Receivables, gross (net of amortization)		2,426.992	2,404.145	2,409.603	2,436.129	2,423.600	2,510.259
		Loans to Bangko Sentral ng Pilipinas		0.000	0.000	2.259	3.112	2.775	2.319
		Interbank Loans Receivable		330.903	309.234	321.584	304.067	271.914	319.623
		Loans and Receivables -Others		2,107.213	2,106.106	2,097.132	2,140.804	2,160.742	2,201.158
			Unamortized Discount and Other Deferred Credits	11.124	11.195	11.371	11.854	11.831	12.840
		Loans and Receivables - Others - Net of Amortization		2,096.089	2,094.911	2,085.760	2,128.950	2,148.911	2,188.318
		Loans and Receivables Arising from Repurchase Agreements, Certificates of Assignment/Participation with Recourse, and Securities Lending and Borrowing Transactions		176.731	201.849	143.817	136.873	169.539	193.165
	Allowance for Credit Losses-Loans			113.195	113.067	114.730	115.561	116.920	116.919
		Allowance for Credit Losses-Interbank Loans Receivable		2.625	2.625	2.603	2.614	2.678	2.687
		Allowance for Credit Losses-Loans and Receivables -Other		83.272	83.591	82.847	83.316	84.653	83.063
		Allowance for Credit Losses-LRARA		0.000	0.000	0.000	0.000	0.000	0.000
		General Loan Loss Provision (GLLP)		27.298	26.851	29.279	29.631	29.589	31.169
	Total Loan Portfolio, Net of Allowance for Credit Losses			2,490.528	2,492.927	2,438.691	2,457.441	2,476.219	2,586.506
	Total ROPA			144.808	143.949	142.980	142.243	141.404	140.118
		Sales Contract Receivable		16.614	16.875	16.672	16.816	16.310	16.289
		Non-Current Assets Held for Sale		11.721	11.788	13.327	13.331	14.681	14.366
		Real and Other Properties Acquired		116.474	115.286	112.980	112.096	110.413	109.463
	Accumulated Depreciation			13.693	13.975	13.961	13.942	13.840	13.595
	Unamortized Discount and Other Deferred Credits			0.055	0.057	0.058	0.069	0.068	0.066
	Allowance for Losses - ROPA			13.946	13.957	14.411	14.568	14.726	14.827
		Allowance for Credit Losses- Sales Contract Receivable		0.120	0.116	0.159	0.159	0.174	0.175
		Allowance for Losses -Real and Other Properties Acquired		11.219	11.234	11.381	11.538	11.732	12.011
		Allowance for Credit Losses -Non Current Assets held for Sale		2.607	2.607	2.872	2.872	2.820	2.641
	ROPA, Net of Allowance for Losses			117.114	115.960	114.550	113.663	112.771	111.630
	Total Other Assets, Net			346.837	341.232	332.582	342.087	351.430	341.612
		Derivatives with Positive Fair Value Held for Hedging		0.001	0.000	0.000	0.000	0.000	0.000
		Revaluation of Hedged Assets in Portfolio Hedge of Interest Rate Risk		0.084	0.096	0.122	0.097	0.106	0.119
		Goodwill		17.103	17.103	16.913	16.913	16.913	16.913
			Allowance for Losses	0.638	0.658	0.678	0.698	0.723	0.743
		Goodwill - Net		16.465	16.445	16.235	16.215	16.190	16.170
		Accrued Interest Income from Financial Assets		50.624	48.795	43.154	46.043	51.283	53.296
			Allowance for Credit Losses	5.551	5.613	5.256	5.413	5.381	5.361
		Accrued Interest Income from Financial Assets, net		45.073	43.182	37.898	40.630	45.903	47.934
		Bank Premises, Furniture, Fixture and Equipment		151.342	152.000	152.323	152.651	153.244	153.569
			Accumulated Depreciation	68.633	69.138	69.354	69.683	69.966	70.071
			Allowance for Losses	1.658	1.658	1.658	1.658	1.667	1.667
		Bank Premises, Furniture, Fixture and Equipment - Net		81.051	81.204	81.311	81.310	81.611	81.831
		Other Intangible Assets		6.787	6.813	7.115	7.166	7.280	7.326
			Accumulated Amortization	2.797	2.854	2.937	3.008	3.137	3.170
			Allowance for Losses	0.005	0.005	0.005	0.005	0.005	0.005
		Other Intangible Assets, net		3.986	3.955	4.173	4.154	4.138	4.150
		Deferred Tax Asset		41.100	41.456	41.958	42.656	41.603	41.230
		Due from FCDU/RBU		0.000	0.000	0.000	0.000	0.000	0.000
		Other Assets		181.489	177.517	173.522	179.830	184.840	173.212
			Allowance for Losses	22.412	22.622	22.638	22.804	22.960	23.034
		Other Assets - Net		159.077	154.895	150.884	157.026	161.880	150.178
	LIABILITIES AND CAPITAL			5,398.229	5,441.134	5,456.468	5,455.748	5,564.722	5,584.759
	Liability Accounts			4,799.057	4,838.167	4,849.070	4,827.133	4,933.896	4,943.326
	Financial Liabilities Held for Trading			33.861	61.148	71.087	77.876	49.416	39.487
	Financial Liabilities Designated at Fair Value through Profit or Loss			6.335	6.357	6.389	6.347	6.313	6.324
	Deposit Liabilities			4,048.832	4,051.449	4,059.573	4,060.545	4,164.820	4,205.541
		Peso		3,005.459	3,006.743	3,017.109	3,020.405	3,082.283	3,113.956
		Demand & NOW		750.096	767.589	782.283	783.387	827.124	811.382
		Savings Deposits		1,511.124	1,490.589	1,467.279	1,482.438	1,486.539	1,519.782
		Time Certificate of Deposits		712.109	716.422	735.391	722.412	732.091	748.339
		LTNCD		32.130	32.142	32.156	32.169	36.529	34.452
		Foreign Currency		1,043.373	1,044.706	1,042.464	1,040.140	1,082.537	1,091.586
	Bills Payable			304.799	302.642	302.941	261.520	267.223	266.150
		Deposit Substitutes		46.423	38.799	47.552	32.381	47.536	51.253
		Others		258.375	263.843	255.389	229.140	219.687	214.897
	Special Financing			0.006	0.006	0.006	0.006	0.006	0.006
		Time Certificate of Deposits  - SF		0.006	0.006	0.006	0.006	0.006	0.006
		Special Time Deposits		0.000	0.000	0.000	0.000	0.000	0.000
	Unsecured Subordinated Debt			102.225	102.180	102.049	101.955	102.237	102.267
			Unamortized Debt Discount/Premium	(0.264)	(0.258)	(0.252)	(0.246)	(0.249)	(0.243)
	Unsecured Subordinated Debt - Net			101.961	101.922	101.797	101.709	101.987	102.024
	Redeemable Preferred Shares			0.000	0.000	0.000	0.000	0.000	0.000
	Total Other Liabilities			303.263	314.642	307.277	319.130	344.130	323.793
		Due to Other Banks		30.034	26.534	27.361	22.139	37.505	25.369
		Bonds Payable		5.874	11.533	11.293	11.115	11.563	11.593
			Unamortized Bond Discount/Premium	0.000	(0.038)	(0.043)	(0.041)	(0.040)	(0.039)
		Bonds Payable - Net		5.874	11.494	11.250	11.074	11.523	11.553
		Financial Liabilities Associated with Transferred Assets		0.000	0.000	0.000	0.000	0.000	0.000
		Derivatives with Negative Fair Value Held for Hedging		0.396	0.368	0.375	0.348	0.379	0.410
		Revaluation of Hedged Liabilities in Portfolio Hedge of Interest Rate Risk		0.000	0.000	0.000	0.000	0.000	0.000
		Accrued Interest Expense on Financial Liabilities		16.084	16.587	14.953	16.296	17.381	15.867
		Finance Lease Payment Payable		0.210	0.207	0.204	0.204	0.196	0.193
		Due to Treasurer of the Philippines		0.987	4.176	1.029	2.699	7.493	0.951
		Treasurer/Cashier/Manager's Checks		27.318	28.410	24.019	28.351	25.624	27.416
		Payment Orders Payable		2.449	2.262	2.098	1.808	2.014	2.253
		Margin Deposits on LCs and Customers' Liability on Bills/Drafts under LCs and/or TRs		3.982	3.150	4.362	4.767	4.231	4.019
		Cash Letters of Credit		4.527	4.276	4.337	4.882	5.348	4.857
		Outstanding Acceptances Executed by or for Account of this Bank		5.515	5.445	6.678	5.603	6.884	6.472
		Due to Bangko Sentral ng Pilipinas		0.581	0.722	0.912	1.055	1.184	1.373
		Due to Philippine Deposit Insurance Corporation		0.207	0.334	0.505	0.678	0.847	1.019
		Due to Philippine Crop Insurance Corporation		0.002	0.002	0.001	0.001	0.002	0.002
		Income Tax Payable		1.774	1.797	1.715	1.339	1.529	1.164
		Other Taxes and Licenses Payable		3.275	3.159	3.132	2.809	2.499	2.736
		Accrued Expenses		22.362	22.566	23.153	23.874	23.769	24.219
		Unearned Income		12.179	12.199	12.336	11.810	11.487	11.199
		Deferred Tax Liabilities		4.967	4.747	5.277	5.821	4.705	4.512
		Provisions		1.902	1.929	1.935	1.984	2.074	2.105
		Other Liabilities		135.734	131.067	131.898	145.969	151.942	143.512
		Due to Head Office/Branches/Agencies (Philippine branch of a foreign bank)		22.907	33.213	29.745	25.615	25.515	32.590
		Due to FCDU/RBU		0.000	0.000	0.000	0.000	0.000	0.000
	Capital Accounts			599.172	602.967	607.398	628.615	630.827	641.433
	Paid in Capital Stock			232.782	232.783	232.784	236.979	239.037	239.663
	Additional Paid-in Capital			47.243	47.237	47.239	56.643	59.514	59.977
	Other Equity Instruments			28.328	28.198	27.861	27.612	28.241	28.283
	Retained Earnings			189.597	185.696	183.145	181.429	180.213	170.649
	Stock Dividend Distributable			0.000	0.000	0.000	0.000	0.000	0.975
	Undivided Profits			6.429	10.846	15.778	21.143	27.301	33.283
	Other Comprehensive Income			7.493	8.841	11.308	11.729	10.327	13.351
	Appraisal Increment Reserve			1.817	1.817	1.847	1.847	1.833	1.833
	Treasury Stock			(0.973)	(0.973)	(0.973)	(0.973)	(0.973)	(0.973)
	Assigned Capital			22.268	22.268	22.442	22.442	22.442	23.282
	Net Due to HO/Br/Ag			64.188	66.255	65.967	69.765	62.893	71.109
	Key  Ratios
	Cash and Due from Banks to Deposits			20.39	20.98	21.70	20.59	21.73	20.18
	Liquid Assets to Deposits 2/			57.44	58.56	60.16	59.42	59.93	57.46
	Loans, gross to Deposits			64.31	64.32	62.90	63.37	62.26	64.28
	Capital Adequacy Ratio (CAR) 3/
			Solo Basis
			Consolidated Basis
	Total Capital Accounts to Total Assets 4/			11.10	11.08	11.13	11.52	11.34	11.49
	1/ Figures adjusted to net off the account "Due from Head Office" with "Due to Head Office" of branches of foreign banks
	2/ Ratio of Liquid Assets (Cash and Due from Banks + Financial Assets, Net of Allowance for Credit Losses) to Total Deposits
	3/ Based on the framework under Circular No. 280 dated 29 March 2001 which was formally adopted on 1 July 2001.  Effective 1 July 2003, the CARs of Universal and Commercial Banks (U/KBs), are based on combined credit and market risks under Circular No. dated 3 December 2002. The capital adequacy framework, covering U/KBs and their subsidiary banks and quasi-banks, was revised under Circular  No. 538 dated 2 June 2006 and was formally adopted on 1 July 2007.  The CAR computation for Thrift Banks, Rural and Cooperative Banks and Quasi-Banks that are not subsidiaries of U/KBs continue to be governed by Circular No. 280 and Circular No. 400 dated 1 September 2003.
	4/ Ratio of  Total Capital Accounts ( for ratio analysis  consists of Total Capital Accounts + Redeemable Preferred Shares) to Total Assets
	Note: Details may not add up to totals due to rounding-off
	Source : Supervisory Data Center, Supervision and Examination Sector
	Updated as of 12 August 2010