BALANCE SHEET ACCOUNTS  End-December   Increase/(Decrease) 
 2007*   2008**   Amount   % 
         
         
ASSETS           24,678.666           23,854.200              (824.466)                    (3.34)
         
Cash on Hand                  206.606                206.606  
Checks and Other Cash Items                    43.701                  43.701  
Due from Bangko Sentral ng Pilipinas                   14.927                         -                   (14.927)                (100.00)
Due from Other Banks             2,691.670             2,777.076                  85.406                      3.17
Financial Assets Held for Trading (HFT)             2,008.416                956.834           (1,051.582)                  (52.36)
Financial Assets Designated at Fair Value through Profit or Loss                         -                     60.184                  60.184  
Available-for-Sale (AFS) Financial Assets - Net             7,538.098             3,899.826           (3,638.272)                  (48.27)
Held-to-Maturity (HTM) Financial Assets - Net             2,466.774             4,584.091             2,117.317                    85.83
Unquoted Debt Securities Classified as Loans - Net                         -                1,698.744             1,698.744  
Loan Portfolio - Net             9,236.814             8,960.772              (276.042)                    (2.99)
Derivatives with Positive Fair Value Held for Hedging                         -                       0.182                    0.182  
Accrued Interest Income from Financial Assets - Net                286.185                298.833                  12.648                      4.42
Real and Other Properties Acquired - Net                    6.582                    6.786                    0.204                      3.10
Non-Current Assets Held for Sale 6/                         -                       1.185                    1.185  
Deferred Tax Asset                    0.004                    0.238                    0.235               6,511.06
Other Assets - Net                429.197                359.140                (70.057)                  (16.32)
         
LIABILITIES AND CAPITAL            24,678.666           23,854.200              (824.466)                    (3.34)
         
Liabilities           24,075.241           23,637.336              (437.905)                    (1.82)
         
Financial Liabilities Held for Trading                         -                   110.188                110.188  
Financial Liabilities Designated at Fair Value through Profit or Loss                         -                   100.640                100.640  
Deposit Liabilities           19,351.068           20,402.948             1,051.880                      5.44
Due to Other Banks                255.272                276.434                  21.161                      8.29
Bills Payable             2,076.974             1,278.645              (798.329)                  (38.44)
Bonds Payable - Net                351.146                126.322              (224.824)                  (64.03)
Unsecured Subordinated Debt - Net                825.175                158.400              (666.775)                  (80.80)
Derivatives with Negative Fair Value Held for Hedging                         -                     19.342                  19.342  
Accrued Interest Expense on Financial Liabilities                117.206                  81.806                (35.400)                  (30.20)
Due to Treasurer of the Philippines                         -                       0.584                    0.584  
Payment Orders Payable                  23.859                  31.725                    7.867                    32.97
Due to Bangko Sentral ng Pilipinas                         -                       0.318                    0.318  
Due to Philippine Deposit Insurance Corporation                         -                       1.311                    1.311  
Income Tax Payable                         -                       1.060                    1.060  
Other Taxes and Licenses Payable                         -                       3.386                    3.386  
Accrued Expenses                         -                       2.038                    2.038  
Unearned Income                  45.656                    2.918                (42.738)                  (93.61)
Deferred Tax Liabilities        
Other Liabilities                266.033                  26.789              (239.245)                  (89.93)
Due to Head Office/Branches/Agencies - Net 1/                762.851                682.982                (79.869)                  (10.47)
Due to FCDU/RBU - Net 2/                         -                   329.500                329.500  
         
Capital Accounts                603.425                216.864              (386.561)                  (64.06)
         
Paid-in Capital Stock        
Additional Paid-in Capital        
Other Equity Instruments                123.131                351.147                228.016                  185.18
Retained Earnings                  (0.962)                  78.993                  79.955             (8,309.20)
Stock Dividend Distributable        
Undivided Profits                430.558                190.463              (240.095)                  (55.76)
Other Comprehensive Income                  50.699              (403.738)              (454.436)                (896.35)
Appraisal Increment Reserve        
Treasury Stock        
Assigned Capital        
         
*/ Based on consolidated statement of condition (CSOC) 
**/ Based on the new financial reporting package (FRP)
1/ Net of Due from Head Office/Branches/Agencies (Philippine branch of a foreign banks)
2/ Net of Due from FCDU/RBU