NPL INDICATORS
As of End of Periods Indicated
             
Levels (In Billion Pesos) December 2009 November 2010 December 2010
Total Loan Portfolio (TLP) 1/                    2,724.87                      2,711.78                      2,802.29  
Loan Loss Reserves (LLR)                         90.90                         97.11                         95.62  
TLP, net of LLR                    2,633.97                    2,614.67                    2,706.67  
TLP 1/, net of Interbank Loans (IBL)                    2,380.49                    2,497.23                    2,584.46  
Non-Performing Loans (NPL)                         80.91                         83.33                         80.80  
Restructured Loans (RL) 1/                         45.43                         43.27                         44.07  
ROPA 1/ 2/                       135.41                       127.19                       124.71  
Provisions for ROPA 2/                         27.82                         28.53                         27.76  
ROPA, net of provisions                       107.59                         98.66                         96.96  
Non-Performing Assets (NPA) 3/                       216.32                       210.52                       205.51  
Gross Assets (GA) 4/                    5,602.26                    6,085.13                    6,255.14  
TLP 1/  + ROPA  1/ 2/  + Performing SCR 5/                     2,870.93                    2,849.88                    2,937.88  
NPA Reserves 6/                       118.72                       125.64                       123.38  
Total Past Due Loans & Items in Litigation                       112.02                         117.22                         110.98  
             
Ratios (In Percent)            
NPL Ratio (NPL to TLP)                           2.97                             3.07                             2.88  
Net NPL Ratio (NPL to TLP, net of IBL)                           3.40                           3.34                           3.13  
NPL Coverage Ratio (LLR to NPL)                       112.34                       116.53                       118.35  
LLR to TLP                           3.34                           3.58                           3.41  
RL to TLP *                           1.65                           1.58                           1.56  
ROPA to TLP * + ROPA + Performing SCR                           4.68                           4.43                           4.21  
ROPA to GA *                           2.41                           2.08                           1.99  
NPA Ratio (NPA to GA)                           3.86                           3.46                           3.29  
NPA Coverage Ratio (NPA Reserves to NPA)                         54.88                         59.68                         60.04  
Past Due Ratio 7/ *                           4.08                             4.28                             3.93  
1/Gross of Provisions            
2/Real and Other Properties Acquired; Beginning Financial Reporting Package (FRP) Report as of end-March 2008, ROPA and ROPA Reserves 
are inclusive of Accumulated Depreciation; computation of ROPA includes Non-Current Assets Held for Sale and Non-Performing Sales Contract
Receivables (SCR) for financial ratio analysis   
3/NPL plus ROPA
4/Inclusive of Loan Loss Reserves and Provisions for ROPA; and net of Due From/To Head Office/Other Agencies/Branches of Foreign Bank
5/Sales Contract Receivables 
6/LLR plus Provisions for ROPA  
7/Total Past Due Loans and Items in Litigation over TLP  
* Computation is based on TLP and GA figures as prescribed under BSP Circular No. 202