21  CONSOLIDATED STATEMENT OF CONDITION AND KEY RATIOS
Universal Banking System 1/
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 2/				4,576.654	4,603.417	4,645.866	4,640.073	4,740.055	4,788.957
	Cash and Due from Banks				694.774	708.236	745.728	699.082	758.532	711.510
	Financial Assets, Excl of  Equity Investments in Subs., Assoc. and Joint Vent (Net of Amortization)				1,302.252	1,300.270	1,336.613	1,342.320	1,360.648	1,359.911
		Financial Assets Held for Trading (HFT)			154.590	154.059	166.818	170.374	154.501	152.034
		Financial Assets Designated at Fair Value through Profit or Loss - Debt Sect			9.303	8.357	8.245	7.919	8.371	8.152
		AFS Financial Assets, Net of Amortization			530.022	536.985	549.859	558.342	576.478	576.532
			AFS Debt Securities		515.221	522.105	536.152	544.580	560.397	563.431
			Unamortized Discount/Premium		8.359	8.465	5.783	5.918	8.212	5.980
			AFS-Debt Securities Net of Amortization		523.580	530.570	541.935	550.498	568.609	569.411
			AFS-Equity Securities		6.443	6.415	7.924	7.844	7.868	7.121
		Held-to-Maturity (HTM) Financial Assets			430.333	422.019	421.907	420.150	440.523	443.467
			Unamortized Discount/Premium		6.029	6.634	6.857	6.739	6.841	6.680
		HTM Financial Assets - Net of Amortization			436.362	428.653	428.764	426.889	447.365	450.147
		Unquoted Debt Securities Classified as Loans			175.677	176.106	185.670	181.029	176.937	176.466
			Unamortized Discount/Premium		(27.887)	(27.805)	(27.214)	(26.768)	(26.852)	(27.240)
		Unquoted Debt Securities Classified as Loans -Net of Amortization			147.790	148.301	158.456	154.261	150.085	149.226
		Investment in Non-Markeatable Equity Securities (INMES)			24.184	23.914	24.472	24.535	23.850	23.819
	Accumulated Market Gain (Losses) -Financial Assets				10.519	12.232	14.384	14.167	13.460	15.959
	Allowance for Credit Losses-Financial Assets				22.948	24.279	24.456	25.747	24.211	24.362
		Allowance for Credit Losses-AFS			6.876	8.021	7.517	7.705	6.799	6.447
		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			9.782	10.363	11.061	12.187	12.654	13.255
		Allowance for Credit Losses- INMES			4.871	4.483	4.496	4.496	3.541	3.493
	Financial Assets -Net of Allowance for Credit Losses				1,289.822	1,288.223	1,326.541	1,330.741	1,349.897	1,351.508
	Equity Investments In Subsidiaries, Assoc. & Joint Vent.				118.494	118.962	128.902	130.045	128.762	128.757
	Allowance for Credit Losses-Equity Investment in Subsidiaries, Assoc. and Joint Vent				1.219	1.219	1.219	1.219	1.201	1.201
	Equity Investments In Subsidiaries, Assoc. & Joint Vent.(Net of Allow. For Credit Losses)				117.275	117.743	127.683	128.827	127.561	127.556
	Total Loan Portfolio, gross (net of amortization)				2,194.227	2,210.192	2,175.532	2,202.764	2,225.332	2,322.204
		Loans and Receivables, gross (net of amortization)			2,074.813	2,062.005	2,086.076	2,113.143	2,103.548	2,182.621
		Loans to Bangko Sentral ng Pilipinas			0.000	0.000	2.259	3.112	2.775	2.319
		Interbank Loans Receivable			257.139	245.305	263.712	247.751	216.901	264.678
		Loans and Receivables -Others			1,827.149	1,826.247	1,829.793	1,871.992	1,893.608	1,926.336
			Unamortized Discount and Other Deferred Credits		9.475	9.548	9.688	9.711	9.735	10.712
		Loans and Receivables - Others - Net of Amortization			1,817.674	1,816.700	1,820.105	1,862.280	1,883.873	1,915.625
		Loans and Receivables Arising from Repurchase Agreements, Certificates of Assignment/Participation with Recourse, and Securities Lending and Borrowing Transactions			119.414	148.187	89.456	89.621	121.784	139.583
	Allowance for Credit Losses-Loans				95.910	96.017	97.284	97.822	98.910	98.916
		Allowance for Credit Losses-Interbank Loans Receivable			1.491	1.488	1.463	1.470	1.530	1.534
		Allowance for Credit Losses-Loans and Receivables -Other			72.234	72.742	71.425	71.663	71.996	70.415
		Allowance for Credit Losses-LRARA			0.000	0.000	0.000	0.000	0.000	0.000
		General Loan Loss Provision (GLLP)			22.185	21.786	24.397	24.689	25.384	26.967
	Total Loan Portfolio, Net of Allowance for Credit Losses				2,098.317	2,114.175	2,078.247	2,104.943	2,126.422	2,223.288
	Total ROPA				132.117	131.357	130.632	130.022	129.275	128.052
		Sales Contract Receivable			14.114	14.438	14.234	14.379	13.889	13.884
		Non-Current Assets Held for Sale			11.395	11.462	12.288	12.292	13.647	13.315
		Real and Other Properties Acquired			106.607	105.457	104.110	103.352	101.739	100.853
	Accumulated Depreciation				12.864	13.130	13.114	13.106	13.013	12.781
	Unamortized Discount and Other Deferred Credits				0.055	0.057	0.058	0.069	0.068	0.066
	Allowance for Losses - ROPA				13.073	13.082	13.536	13.709	13.919	13.970
		Allowance for Credit Losses- Sales Contract Receivable			0.114	0.110	0.153	0.153	0.168	0.170
		Allowance for Losses -Real and Other Properties Acquired			10.351	10.365	10.511	10.684	10.932	11.159
		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				106.125	105.088	103.925	103.139	102.275	101.235
	Total Other Assets, Net				270.341	269.951	263.742	273.343	275.368	273.859
		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			15.000	15.000	15.004	15.004	15.004	15.004
			Allowance for Losses		0.557	0.577	0.597	0.617	0.637	0.657
		Goodwill - Net			14.442	14.422	14.407	14.387	14.367	14.347
		Accrued Interest Income from Financial Assets			43.589	41.800	37.792	40.093	44.423	45.811
			Allowance for Credit Losses		4.343	4.417	4.063	4.060	4.021	4.003
		Accrued Interest Income from Financial Assets, net			39.245	37.383	33.729	36.033	40.401	41.807
		Bank Premises, Furniture, Fixture and Equipment			136.127	136.704	137.101	137.404	137.923	138.143
			Accumulated Depreciation		61.352	61.803	62.078	62.357	62.599	62.637
			Allowance for Losses		1.615	1.615	1.615	1.615	1.615	1.615
		Bank Premises, Furniture, Fixture and Equipment - Net			73.161	73.286	73.408	73.432	73.708	73.891
		Other Intangible Assets			5.739	5.767	5.838	5.890	6.004	6.049
			Accumulated Amortization		2.218	2.268	2.312	2.367	2.483	2.502
			Allowance for Losses		0.005	0.005	0.005	0.005	0.005	0.005
		Other Intangible Assets, net			3.516	3.494	3.521	3.518	3.517	3.542
		Deferred Tax Asset			34.002	34.537	35.142	35.735	34.677	34.328
		Due from FCDU/RBU			0.000	0.000	0.000	0.000	0.000	0.000
		Other Assets			124.168	125.111	121.781	128.544	127.133	124.411
			Allowance for Losses		18.279	18.379	18.368	18.403	18.542	18.586
		Other Assets - Net			105.889	106.732	103.413	110.141	108.591	105.825
	LIABILITIES AND CAPITAL				4,576.654	4,603.417	4,645.866	4,640.073	4,740.055	4,788.957
	Liability Accounts				4,085.585	4,109.784	4,141.422	4,121.312	4,212.330	4,257.887
	Financial Liabilities Held for Trading				22.768	21.514	35.663	41.616	33.652	28.037
	Financial Liabilities Designated at Fair Value through Profit or Loss				6.335	6.357	6.389	6.347	6.302	6.313
	Deposit Liabilities				3,479.646	3,491.743	3,508.660	3,505.889	3,588.713	3,645.661
		Peso			2,617.990	2,631.053	2,642.582	2,645.932	2,703.986	2,745.751
		Demand & NOW			636.900	656.471	660.877	663.922	697.645	692.273
		Savings Deposits			1,364.486	1,353.704	1,328.299	1,343.789	1,357.203	1,387.377
		Time Certificate of Deposits			589.396	593.667	626.192	611.003	617.570	636.620
		LTNCD			27.207	27.211	27.214	27.217	31.567	29.481
		Foreign Currency			861.656	860.690	866.079	859.957	884.727	899.910
	Bills Payable				267.831	264.304	271.582	231.277	239.060	240.788
		Deposit Substitutes			43.182	35.502	43.101	26.317	43.517	48.347
		Others			224.649	228.801	228.481	204.960	195.543	192.441
	Special Financing				0.005	0.005	0.005	0.005	0.005	0.005
		Time Certificate of Deposits  - SF			0.005	0.005	0.005	0.005	0.005	0.005
		Special Time Deposits			0.000	0.000	0.000	0.000	0.000	0.000
	Unsecured Subordinated Debt				98.265	98.211	98.068	97.964	98.234	98.253
			Unamortized Debt Discount/Premium		(0.260)	(0.254)	(0.248)	(0.242)	(0.246)	(0.241)
	Unsecured Subordinated Debt - Net				98.006	97.957	97.820	97.721	97.988	98.013
	Redeemable Preferred Shares				0.000	0.000	0.000	0.000	0.000	0.000
	Total Other Liabilities				210.994	227.904	221.301	238.457	246.611	239.071
		Due to Other Banks			2.855	3.660	2.495	3.873	2.422	1.854
		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			14.143	14.699	13.491	14.640	15.508	14.016
		Finance Lease Payment Payable			0.210	0.207	0.204	0.204	0.196	0.193
		Due to Treasurer of the Philippines			0.917	4.111	0.937	2.634	7.427	0.860
		Treasurer/Cashier/Manager's Checks			20.567	21.731	17.059	20.936	19.159	20.659
		Payment Orders Payable			1.630	1.672	1.433	1.415	1.578	1.987
		Margin Deposits on LCs and Customers' Liability on Bills/Drafts under LCs and/or TRs			3.893	3.045	4.301	4.687	4.103	3.946
		Cash Letters of Credit			4.379	4.121	4.233	4.619	5.294	4.818
		Outstanding Acceptances Executed by or for Account of this Bank			4.831	4.847	5.892	4.835	5.863	5.630
		Due to Bangko Sentral ng Pilipinas			0.494	0.612	0.784	0.907	1.018	1.199
		Due to Philippine Deposit Insurance Corporation			0.198	0.316	0.478	0.647	0.812	0.970
		Due to Philippine Crop Insurance Corporation			0.002	0.002	0.001	0.001	0.002	0.002
		Income Tax Payable			1.595	1.638	1.552	1.212	1.204	0.931
		Other Taxes and Licenses Payable			2.863	2.793	2.771	2.450	2.085	2.318
		Accrued Expenses			18.320	18.716	19.185	19.650	19.955	20.252
		Unearned Income			3.676	3.807	3.997	3.992	3.765	3.575
		Deferred Tax Liabilities			3.249	3.214	3.743	4.294	3.180	2.988
		Provisions			1.732	1.746	1.780	1.815	1.844	1.876
		Other Liabilities			106.624	104.466	104.612	117.240	123.558	118.187
		Due to Head Office/Branches/Agencies (Philippine branch of a foreign bank)			12.547	20.639	20.727	16.985	15.735	20.847
		Due to FCDU/RBU			0.000	0.000	0.000	0.000	0.000	0.000
	Capital Accounts				491.069	493.634	504.444	518.761	527.725	531.070
	Paid in Capital Stock				190.040	190.040	190.041	192.743	194.800	194.801
	Additional Paid-in Capital				42.023	42.017	42.019	50.325	53.196	53.199
	Other Equity Instruments				28.328	28.198	27.861	27.612	28.241	28.283
	Retained Earnings				182.497	180.803	180.153	178.511	177.364	167.913
	Stock Dividend Distributable				0.000	0.000	0.000	0.000	0.000	0.975
	Undivided Profits				7.244	10.385	14.718	19.802	25.557	31.365
	Other Comprehensive Income				7.719	8.973	10.926	11.043	9.856	12.463
	Appraisal Increment Reserve				1.318	1.318	1.348	1.348	1.334	1.334
	Treasury Stock				(0.953)	(0.953)	(0.953)	(0.953)	(0.953)	(0.953)
	Assigned Capital				8.213	8.213	9.583	9.583	9.583	10.423
	Net Due to HO/Br/Ag				24.640	24.640	28.748	28.748	28.75	31.27
	Key  Ratios
	Cash and Due from Banks to Deposits				19.97	20.28	21.25	19.94	21.14	19.52
	Liquid Assets to Deposits 3/				57.03	57.18	59.06	57.90	58.75	56.59
	Loans, gross to Deposits				63.06	63.30	62.00	62.83	62.01	63.70
	Capital Adequacy Ratio (CAR) 4/
			Solo Basis
			Consolidated Basis
	Total Capital Accounts to Total Assets 5/				10.73	10.72	10.86	11.18	11.13	11.09
	1/ Inclusive of foreign banks and government banks with universal banking license
	2/ Figures adjusted to net off the account "Due from Head Office" with "Due to Head Office" of branches of foreign banks
	3/ Ratio of Liquid Assets (Cash and Due from Banks + Financial Assets, Net of Allowance for Credit Losses) to Total Deposits
	4/ 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.
	5/ 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