7   SELECTED ASSET QUALITY INDICATORS
Philippine Banking System p/
as of end of periods indicated
in billion pesos
	ACCOUNTS		Mar-08	Jun-08
	Levels
	TOTAL ASSETS		5,078.510	5,333.742
	GROSS ASSETS 1/		5,200.796	5,467.250
	TOTAL LOAN PORTFOLIO (TLP), GROSS		2,524.470	2,760.441
	ALLOWANCE FOR CREDIT LOSSES - LOANS		103.253	104.536
	INTERBANK LOANS RECEIVABLES		323.238	361.235
	RESTRUCTURED LOANS(RL), GROSS		67.574	64.464
	RESTRUCTURED LOANS, PERFORMING		39.069	35.611
	NON-PERFORMING LOANS 2/		126.620	124.360
	REAL AND OTHER PROPERTIES ACQUIRED (ROPA)		165.737	162.053
	ROPA, GROSS (Inclusive of Performing SCR)		206.310	202.888
	ALLOWANCE FOR ROPA 3/		29.027	28.083
	ROPA, GROSS 4/		187.499	182.713
	NON-CURRENT ASSETS HELD FOR SALE *		14.507	13.679
	NON-PERFORMING ASSETS (NPA) 5/		314.118	307.073
	ALLOWANCE ON NPA 6/		132.279	133.508
	DISTRESSED ASSETS 7/		353.187	342.684
	PERFORMING SALES CONTRACT RECEIVABLES (SCR)		18.811	20.175
	NON-PERFORMING SCR		7.255	5.336
	PAST DUE LOANS		158.659	156.798
	Annual Growth Rates
	TOTAL ASSETS		2.01	8.59
	GROSS ASSETS 1/		2.22	7.39
	TOTAL LOAN PORTFOLIO (TLP), GROSS		4.05	16.63
	ALLOWANCE FOR CREDIT LOSSES - LOANS		1.27	2.69
	INTERBANK LOANS RECEIVABLES		(28.51)	(15.38)
	RESTRUCTURED LOANS(RL), GROSS		(18.01)	(19.45)
	RESTRUCTURED LOANS, PERFORMING		(16.61)	(18.70)
	NON-PERFORMING LOANS 2/		(8.65)	(8.31)
	REAL AND OTHER PROPERTIES ACQUIRED (ROPA)		(10.74)	(12.10)
	ROPA, GROSS (Inclusive of Performing SCR)		(1.65)	(2.63)
	ALLOWANCE FOR ROPA 3/		65.21	(17.99)
	ROPA, GROSS 4/		(1.95)	(4.10)
	NON-CURRENT ASSETS HELD FOR SALE *		0.00	0.00
	NON-PERFORMING ASSETS (NPA) 5/		(4.77)	(5.85)
	ALLOWANCE ON NPA 6/		10.67	11.91
	DISTRESSED ASSETS 7/		(9.93)	(11.01)
	PERFORMING SALES CONTRACT RECEIVABLES (SCR)		1.45	10.69
	NON-PERFORMING SCR		30.50	(10.16)
	PAST DUE LOANS		(5.30)	(2.95)
	Selected Ratios  (%)
	Past Due Ratio		6.25	5.65
	RL to TLP		2.66	2.32
	LLR to TLP		4.09	3.79
	NPL Ratio (inclusive of IBL)		5.02	4.51
	NPL Ratio (exclusive of IBL)		5.75	5.18
	NPL Coverage 8/		81.55	84.06
	NPA to Gross Assets		6.03	5.62
	NPA Coverage 9/		42.11	43.48
	Distressed Assets 10/		12.93	11.56
	p/ Preliminary
* New Account under the Financial Reporting Package
1/Total Assets, Net of Due to Head Office/Branches/Agencies + Allowance for Credit Losses-Loans + Allowance for Credit Losses - Sales Contract Receivable (SCR) + Allowance for Losses - ROPA + Accumulated Depreciation - ROPA - Loans Classified as Loss Fully Covered by Allowance for Credit Losses
2/Loans Classified as Past Due and Already Non-Performing + Items in Litigation - Loans Classified as Loss Fully Covered by Allowance for Credit Losses
3/Consists of Allowance for Losses (ROPA), Accumulated Depreciation (ROPA) and Allowance for Credit Losses - SCR
4/Includes Real and Other Properties Acquired (ROPA) +  Non- Performing Sales Contract Receivable (SCR) + Non-Current Assets Held for Sale for financial ratio analysis
5/Non-Performing Loans + ROPA, Gross
6/ Allowance for Credit Losses-Loans + Allowance for Credit Losses - Sales Contract Receivable (SCR) + Allowance for Losses - ROPA + Accumulated Depreciation - ROPA
7/ Non-Performing Assets (NPA) + Performing Restructured Loans (RL)
8/ Ratio of Allowance for Credit Losses - Loans to Non-Performing Loans
9/ Ratio of Allowance on NPA to NPA
10/ Ratio of Distressed Assets to Total Loan Portfolio, Gross + ROPA, Gross (inclusive of Performing SCR)
	r/ Revised
Note: Details may not add up to totals due to rounding-off
Source : Supervisory Data Center, Supervision and Examination Sector
	Updated as of 7 October 2008