DEPOSITORY CORPORATIONS SURVEY p                            
  as of periods indicated                            
  in million pesos                            
                                       
            LEVELS   FLOWS   GROWTH RATES (%)  
          Item Jun-06 Dec-06 May-07 r Jun-07   Jun07-Dec06 Jun07-May07 Jun07-Jun06   Jun07-Dec06 Jun07-May07 Jun07-Jun06  
   
  1.  NET FOREIGN ASSETS 1,199,862 1,366,258 1,525,140 1,573,420 207,162 48,280 373,558 15.2 3.2 31.1  
    A.   Bangko Sentral ng Pilipinas 1,020,026 1,077,033 1,147,205 1,185,725 108,692 38,520 165,699 10.1 3.4 16.2  
     Net International Reserves 1,098,640 1,127,726 1,183,419 1,221,962 94,236 38,543 123,322 8.4 3.3 11.2  
    Foreign Assets 1,131,948 1,128,401 1,184,454 1,222,296 93,895 37,842 90,348 8.3 3.2 8.0  
    Foreign Liabilities 33,308 675 1,035 334 -341 -701 -32,974 -50.5 -67.7 -99.0  
     Medium & Long-Term Foreign Liabilities 78,614 50,693 36,214 36,237 -14,456 23 -42,377 -28.5 0.1 -53.9  
    B.  Other Depository Corporations  179,836 289,225 377,935 387,695 98,470 9,760 207,859 34.0 2.6 115.6  
    Foreign Assets 723,589 792,182 867,767 895,076 102,894 27,309 171,487 13.0 3.1 23.7  
    Foreign Liabilities 543,753 502,958 489,832 507,381 4,424 17,549 -36,372 0.9 3.6 -6.7  
   
  2. NET DOMESTIC ASSETS 2,272,231 2,444,787 2,361,420 2,358,521 -86,266 -2,899 86,290 -3.5 -0.1 3.8  
    A.  Net Claims on Residents (Net Domestic Credits) 2,816,514 3,006,570 2,990,522 3,028,062 21,492 37,540 211,548 0.7 1.3 7.5  
  Net Claims on the Public Sector (Public  Sector) 971,396 1,039,651 1,036,831 1,073,001 33,350 36,170 101,604 3.2 3.5 10.5  
    National Government 728,300 762,127 781,921 824,073 61,945 42,152 95,772 8.1 5.4 13.2  
      Credits 981,829 986,426 1,021,498 1,046,843 60,417 25,345 65,014 6.1 2.5 6.6  
      CB BOL 237 0 0 0 0 0 -237 - - -100.0  
      Foreign exchange Receivables 4,162 4,083 0 0 -4,083 0 -4,162 -100.0 - -100.0  
      T-IMF accounts -63,155 -58,438 -54,993 -55,183 3,255 -190 7,972 5.6 -0.3 12.6  
      Deposits -194,773 -169,944 -184,584 -167,588 2,356 16,996 27,185 1.4 9.2 14.0  
    Local Government and Other Public Entities 243,096 277,524 254,910 248,928 -28,596 -5,982 5,832 -10.3 -2.3 2.4  
  Claims on Other Sectors (Private Sector) 1,845,118 1,966,919 1,953,690 1,955,061 -11,858 1,371 109,943 -0.6 0.1 6.0  
    Other Financial Corporations 143,513 146,968 147,352 161,430 14,462 14,078 17,917 9.8 9.6 12.5  
    Others 1,701,605 1,819,951 1,806,338 1,793,631 -26,320 -12,707 92,026 -1.4 -0.7 5.4  
   
    B.  Net Other Items -544,283 -561,783 -629,101 -669,541 -107,758 -40,440 -125,257 -19.2 -6.4 -23.01  
  Revaluation n.a. n.a. 0 0 #VALUE! #DIV/0! #VALUE!  
  Capital and Reserves n.a. n.a. 0 0 #VALUE! #DIV/0! #VALUE!  
  Other Assets/Liabilities n.a. n.a. 0 0 #VALUE! #DIV/0! #VALUE!  
   
  3. LIQUIDITY AGGREGATES (TOTAL LIQUIDITY) 3,472,093 3,811,044 3,886,560 3,931,941 120,896 45,381 459,848 3.2 1.2 13.2  
  A. M4 3,384,798 3,722,087 3,795,351 3,850,321 128,233 54,970 465,523 3.4 1.4 13.8  
  Broad-Money Liabilities (M3) 2,531,906 2,869,568 2,977,121 3,023,940 154,373 46,820 492,034 5.4 1.6 19.4  
  Currency Outside Depository Corporations and Transferable Deposits (Narrow Money) 640,417 768,895 831,858 830,267 61,373 -1,590 189,851 8.0 -0.2 29.6  
  Other Deposits (Quasi-Money) 1,860,224 2,057,843 2,104,797 2,155,362 97,519 50,565 295,138 4.7 2.4 15.9  
  Securities Other Than Shares Included in Broad Money (Deposit  Substitutes) 31,265 42,830 40,466 38,311 -4,519 -2,155 7,046 -10.6 -5.3 22.5  
  Transferable & Other Deposits in Foreign Currency (FCDs-Res) 852,892 852,520 818,231 826,381 -26,139 8,150 -26,511 -3.1 1.0 -3.1  
  B. Liabilities Excluded from Broad-Money (Other Liabilities) 87,295 88,957 91,209 81,620 -7,337 -9,589 -5,675 -8.2 -10.5 -6.5  
  Bills  Payable 81,921 83,575 83,930 74,988 -8,587 -8,942 -6,933 -10.3 -10.7 -8.5  
  Marginal Deposits 1,917 2,212 3,891 3,415 1,204 -476 1,499 54.4 -12.2 78.2  
  Restricted Deposits 3,457 3,170 3,388 3,217 46 -171 -241 1.5 -5.0 -7.0  
    Deposits with Other Depository Corporations Under Liquidation 1,902 1,902 2,031 2,029 127 -2 127 6.65 -0.10 6.65  
    Import Deposits 1,555 1,268 1,357 1,188 -80 -169 -367 -6.3 -12.5 -23.6  
  Narrow Money 640,417 768,895 831,858 830,267 61,373 -1,590 189,851 8.0 -0.2 29.6  
  Currency Outside Depository Corporations (Currency in Circulation) 244,048 305,313 299,076 287,710 -17,603 -11,366 43,662 -5.8 -3.8 17.9  
  Transferable Deposits (Demand Deposits) 396,369 463,582 532,782 542,557 78,975 9,775 146,189 17.0 1.8 36.9  
  Other Deposits (Quasi-Money) 1,860,224 2,057,843 2,104,797 2,155,362 97,519 50,565 295,138 4.7 2.4 15.9  
  Savings Deposits 1,400,227 1,500,293 1,460,698 1,471,270 -29,024 10,572 71,043 -1.9 0.7 5.1  
  Time Deposits 459,997 557,550 644,099 684,092 126,543 39,993 224,095 22.7 6.2 48.7  
   
  p Preliminary  
  n.a.  Not Available  
  r Revised  
  r Revised  
  Source:  Department of Economic Statistics  
                                       
CHECK: (NFA+NDA)-LIQUIDITY AGGREGATES 0 0 0 0 0 0 0
Note:  Details may not add up to total due to rounding off.