12 Balance Sheet

Universal and Commercial Bank Group

as of end of periods indicated
amounts in thousand Pesos

Selected Accounts Jan-15 Feb-15 Mar-15

TOTAL ASSETS 9,742,018,466.66 9,763,400,860.90 9,955,055,275.14

CASH AND DUE FROM BANKS 2,126,949,776.07 2,149,332,453.02 2,195,307,071.05
TLP (INCLUSIVE OF IBL AND RRPs) , NET 4,759,405,345.18 4,740,153,177.40 4,857,370,537.48
Total Loan Portfolio (TLP), gross 4,892,188,761.99 4,874,514,538.32 4,991,914,091.83
(a) Interbank Loans Receivable (IBL) 184,056,251.37 174,569,022.52 167,972,924.11
(b) Total Reverse Repurchase (RRPs) 302,987,825.73 308,744,058.71 321,870,278.92
of which:
Reverse Repurchase (RRPs) with BSP 269,695,000.00 276,457,000.00 284,889,000.00
Reverse Repurchase (RRPs) with Other Banks 8,457,502.45 7,868,622.84 9,236,827.59
(c) Loans and Receivable - Others, net of amortization 4,405,144,684.89 4,391,201,457.10 4,502,070,888.80
Allowance for Credit Losses 132,783,416.82 134,361,360.93 134,543,554.35
TLP, gross (exclusive of IBL) 4,708,132,510.62 4,699,945,515.80 4,823,941,167.72
TLP, gross (exclusive of IBL and RRP with BSP and Other Banks) 4,429,980,008.18 4,415,619,892.96 4,529,815,340.13
TOTAL INVESTMENTS, NET 2,384,203,907.86 2,396,676,425.79 2,423,916,286.75
(A) Financial Assets, net (Portfolio Investments) 2,182,786,173.39 2,194,861,471.99 2,220,208,868.75
Financial Assets, gross (net of amortization) 2,172,881,422.85 2,193,335,789.53 2,221,473,691.85
(1) Financial Assets Held for Trading (HFT) 282,265,675.13 274,867,568.95 274,906,031.31
(2) Financial Assets DFVPL 5,140,531.88 5,360,960.48 5,416,766.61
(3) Available-for-Sale (AFS) Financial Assets 955,433,626.45 973,700,176.67 977,334,770.87
(4) Held-to-Maturity (HTM) Financial Assets 812,879,841.49 822,232,997.90 857,126,137.60
(5) Unquoted Debt Securities Classified as Loans 98,516,341.19 98,563,178.77 87,965,324.51
(6) Investments in Non-Marketable Equity Securities 18,645,406.71 18,610,906.77 18,724,660.95
Accumulated Market Gains/Losses 33,896,222.12 25,526,038.16 22,389,656.54
Allowance for Credit Losses 23,991,471.58 24,000,355.70 23,654,479.64
(B) Equity Investment in Subsidiaries/Associates/Joint Ventures, net (Direct Investments) 201,417,734.47 201,814,953.80 203,707,418.01
ROPA, NET 67,210,758.81 69,979,563.79 69,824,736.77
Real and Other Properties Acquired (ROPA), gross 98,036,410.48 97,843,707.79 97,579,995.46
of which:
(1) Sales Contract Receivables, Gross 11,658,063.97 11,838,440.79 12,229,383.59
(a) Performing 6,823,803.93 6,825,328.79 7,127,471.75
(b) Non-Performing 4,834,260.04 5,013,112.00 5,101,911.84
Sales Contract Receivables, Net 11,104,116.64 11,284,615.52 11,678,825.74
(2) Non-Current Assets Held for Sale, Gross 2,090,788.96 1,874,366.50 1,843,125.64
Non-Current Assets Held for Sale, net 1,615,036.49 1,515,435.48 1,493,075.54
Unamortized Discount and Other Deferred Credits 11,516.64 11,409.02 12,231.31
Accummulated Depreciation 11,659,935.94 11,784,680.26 13,113,209.38
Allowance for Losses 19,154,199.09 16,068,054.73 14,629,818.00
OTHER ASSETS 404,248,678.74 407,259,240.90 408,636,643.09
LIABILITIES AND CAPITAL
LIABILITIES 8,497,503,129.06 8,532,484,470.69 8,742,940,851.47
FINANCIAL LIABILITIES HFT 57,445,017.57 53,330,308.13 58,203,235.99
FINANCIAL LIABILITIES DFVPL 2,305.77 0.00 0.00
DEPOSIT LIABILITIES 7,480,860,627.94 7,487,634,883.07 7,667,677,124.68
Peso Liabilities 6,090,084,114.36 6,092,004,454.12 6,247,758,085.74
Demand and NOW 1,637,672,859.54 1,642,686,171.16 1,678,475,092.02
Savings 2,995,196,287.86 2,999,761,806.94 3,026,197,504.46
Time 1,351,040,886.70 1,343,357,440.83 1,436,860,976.19
LTNCD 106,174,080.26 106,199,035.19 106,224,513.06
Foreign Currency 1,390,776,513.58 1,395,630,428.95 1,419,919,038.94
Demand and NOW 49,427,642.47 47,384,373.84 49,280,273.77
Savings 656,485,828.95 683,747,564.76 690,150,951.22
Time 684,863,042.16 664,498,490.35 680,487,813.95
LTNCD 0.00 0.00 0.00
DUE TO BANKS/OTHERS 73,301,336.12 101,792,796.56 77,694,586.69
BILLS PAYABLE 341,366,277.11 341,797,778.74 351,428,388.35
BONDS PAYABLE 71,506,052.55 75,572,714.37 76,610,722.25
UNSECURED SUBORDINATED DEBT, NET 101,965,613.98 101,971,478.72 101,977,841.49
REDEEMABLE PREFERRED SHARES 100.00 100.00 100.00
DERIVATIVES WITH NEGATIVE FAIR VALUE HELD FOR HEDGING 142,634.71 134,249.30 140,283.22
OTHER LIABILITIES 370,913,163.31 370,250,161.81 409,208,568.81
TOTAL CAPITAL ACCOUNTS 1,244,515,337.60 1,230,916,390.21 1,212,114,423.67
Capital Stock 515,055,213.09 515,066,141.97 515,550,267.27
Retained Earnings & Undivided Profits 479,691,281.36 483,609,123.16 476,328,334.33
Other Comprehensive Income 19,738,550.80 10,076,086.71 5,969,875.95
Appraisal Increment Reserves 2,742,036.20 2,743,188.97 2,744,341.73
Other Capital 227,288,256.14 219,421,849.40 211,521,604.39
 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15

9,862,120,674.37 9,900,689,795.61 10,058,838,276.00 10,146,783,652.80 10,253,389,400.03 10,396,515,779.78 10,407,534,052.56 10,547,966,941.82

2,064,565,161.53 2,067,569,733.87 2,138,639,495.44 2,137,218,603.38 2,095,081,033.51 2,173,637,576.13 2,111,919,758.74 2,120,762,207.84
4,866,836,273.70 4,861,557,029.99 4,975,564,284.47 4,978,344,562.95 5,071,522,332.70 5,111,498,978.31 5,220,121,735.55 5,307,043,434.59
5,002,872,709.97 4,999,125,417.91 5,110,488,381.96 5,114,404,147.20 5,208,545,995.65 5,244,589,103.75 5,353,375,050.10 5,440,546,254.05
155,653,113.19 132,598,735.85 155,616,910.26 150,134,933.84 164,362,451.38 154,137,801.54 173,445,009.80 170,397,249.75
316,277,205.79 323,979,070.94 325,276,020.91 331,871,133.74 338,273,785.69 322,088,582.01 327,173,206.02 320,871,203.43

281,711,000.00 294,345,000.00 288,580,000.00 294,318,000.00 293,182,000.00 295,535,000.00 294,213,000.00 287,857,000.00

9,596,137.28 8,736,534.93 12,406,695.24 10,776,128.80 9,773,459.40 16,705,232.50 17,854,184.30 19,408,722.17
4,530,942,391.00 4,542,547,611.12 4,629,595,450.80 4,632,398,079.62 4,705,909,758.58 4,768,362,720.21 4,852,756,834.27 4,949,277,800.87
136,036,436.27 137,568,387.92 134,924,097.49 136,059,584.25 137,023,662.94 133,090,125.44 133,253,314.55 133,502,819.47
4,847,219,596.79 4,866,526,682.05 4,954,871,471.70 4,964,269,213.36 5,044,183,544.27 5,090,451,302.22 5,179,930,040.29 5,270,149,004.30
4,555,912,459.50 4,563,445,147.12 4,653,884,776.46 4,659,175,084.56 4,741,228,084.86 4,778,211,069.72 4,867,862,856.00 4,962,883,282.13
2,455,873,703.69 2,491,086,064.15 2,488,041,958.66 2,554,073,114.60 2,613,665,663.95 2,635,230,844.19 2,604,580,358.48 2,620,075,991.14
2,251,464,763.22 2,284,952,198.45 2,279,216,472.16 2,337,926,360.64 2,396,098,736.97 2,417,034,449.60 2,385,003,814.61 2,398,610,258.79
2,257,351,179.18 2,288,225,404.14 2,288,854,048.36 2,345,680,830.31 2,406,508,839.16 2,433,121,358.84 2,394,649,331.99 2,419,946,682.53
278,503,455.04 263,149,763.88 220,211,488.86 244,005,339.79 282,213,241.75 281,465,606.23 249,280,008.57 246,251,174.45
5,350,665.15 5,485,325.58 5,445,830.61 5,459,209.14 7,769,562.68 4,327,553.18 4,214,055.11 3,483,585.42
968,950,774.59 976,442,293.74 983,598,536.58 983,589,678.41 978,905,604.80 996,090,954.98 987,709,765.09 997,185,063.95
897,947,696.14 936,610,887.67 976,297,811.68 1,008,529,076.83 1,035,497,616.02 1,048,299,569.67 1,050,473,996.31 1,071,251,803.39
87,897,625.14 87,830,894.69 84,519,845.49 85,206,973.29 83,090,225.68 83,876,058.16 83,873,359.72 82,631,874.42
18,700,963.12 18,706,238.58 18,780,535.14 18,890,552.85 19,032,588.24 19,061,616.62 19,098,147.18 19,143,180.90
17,664,262.66 20,223,613.67 13,901,802.56 15,683,248.14 13,059,578.68 8,377,686.97 14,806,055.84 3,144,088.24
23,550,678.62 23,496,819.36 23,539,378.75 23,437,717.81 23,469,680.86 24,464,596.21 24,451,573.21 24,480,511.98
204,408,940.47 206,133,865.70 208,825,486.50 216,146,753.96 217,566,926.98 218,196,394.59 219,576,543.87 221,465,732.34
69,597,173.67 67,769,303.63 67,433,909.30 66,822,079.70 64,659,623.95 63,921,841.50 63,756,478.67 63,657,793.67
97,286,136.39 95,465,522.37 94,805,437.77 94,035,999.13 90,524,683.25 89,932,571.79 89,460,022.06 89,641,652.64

12,705,282.37 12,306,822.62 12,190,170.62 12,073,666.85 11,771,291.22 11,769,660.40 11,741,293.07 11,638,201.75

7,455,462.02 7,418,046.56 7,233,329.01 7,064,095.55 6,876,103.80 7,033,161.84 7,052,545.98 6,979,674.36
5,249,820.35 4,888,776.05 4,956,841.60 5,009,571.30 4,895,187.42 4,736,498.56 4,688,747.10 4,658,527.39
12,154,914.98 11,731,268.56 11,565,169.34 11,456,767.06 11,166,493.88 11,169,433.56 11,200,051.92 11,098,524.00
1,765,262.57 2,283,574.04 2,164,631.54 2,115,602.53 2,092,682.13 1,743,251.57 1,722,564.84 1,731,963.43
1,425,798.10 1,965,162.01 1,858,853.68 1,825,279.36 1,807,679.76 1,504,671.89 1,483,985.16 1,493,383.75
12,114.91 11,959.75 10,896.61 10,597.00 10,483.36 12,790.15 12,688.19 11,702.51
13,090,031.17 13,133,723.38 13,107,268.40 13,071,878.76 13,089,333.66 13,128,858.73 13,183,748.43 13,244,991.01
14,586,816.65 14,550,535.60 14,253,363.47 14,131,443.67 12,765,242.27 12,869,081.41 12,507,106.76 12,727,165.45
405,248,361.78 412,707,663.98 389,158,628.12 410,325,292.18 408,460,745.92 412,226,539.64 407,155,721.11 436,427,514.59

8,591,162,005.89 8,622,084,201.97 8,790,132,148.81 8,847,323,605.27 8,946,452,305.70 9,074,484,800.60 9,060,076,336.51 9,217,489,001.04

55,650,244.97 59,857,384.04 27,068,731.92 31,824,950.37 39,457,719.21 36,177,796.55 37,262,099.01 35,749,760.44
993.91 0.00 0.00 352.38 0.00 0.00 0.00 0.00
7,575,521,092.06 7,581,657,137.03 7,720,193,076.73 7,728,942,207.25 7,807,380,216.19 7,883,842,935.49 7,902,713,233.17 7,988,805,789.93
6,154,962,673.31 6,189,902,387.01 6,320,917,825.13 6,303,691,228.05 6,334,910,550.94 6,370,791,390.99 6,380,789,146.47 6,483,791,406.02
1,683,791,892.48 1,723,699,633.55 1,752,603,729.30 1,758,765,389.99 1,781,072,354.84 1,807,035,605.62 1,802,000,992.75 1,847,734,737.37
2,982,501,493.86 2,999,695,186.31 3,072,457,931.62 3,119,987,398.22 3,154,303,950.60 3,154,933,757.14 3,185,587,034.65 3,227,561,135.49
1,374,918,850.85 1,352,731,450.10 1,382,054,440.99 1,311,110,753.51 1,285,680,498.74 1,294,942,165.39 1,273,294,792.64 1,293,572,194.96
113,750,436.12 113,776,117.04 113,801,723.22 113,827,686.33 113,853,746.75 113,879,862.83 119,906,326.43 114,923,338.20
1,420,558,418.75 1,391,754,750.02 1,399,275,251.60 1,425,250,979.20 1,472,469,665.25 1,513,051,544.51 1,521,924,086.70 1,505,014,383.91
46,390,247.64 47,654,146.94 50,352,945.69 53,089,524.47 50,631,528.65 56,612,420.70 51,987,282.20 58,436,771.06
683,651,285.75 662,399,032.80 663,617,050.39 688,110,741.80 718,465,830.30 735,591,803.72 744,252,234.08 736,199,947.68
690,516,885.36 681,701,570.28 685,305,255.52 684,050,712.93 703,372,306.31 720,847,320.08 725,684,570.41 710,377,665.16
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
76,188,397.14 76,203,242.44 84,710,046.41 104,108,880.47 102,813,508.32 118,639,991.20 116,487,832.58 104,856,847.74
314,985,817.65 342,932,399.27 404,386,245.96 419,600,361.68 418,345,001.38 470,708,540.30 459,235,773.68 473,629,208.15
76,306,017.84 76,429,728.70 77,295,877.04 78,414,670.84 80,119,565.53 80,131,984.50 80,269,664.69 95,884,557.77
101,984,031.89 101,990,400.78 101,996,577.92 102,003,000.99 102,009,391.88 102,015,658.86 102,022,188.46 106,990,165.44
100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
110,104.49 102,891.52 87,750.77 84,452.39 87,837.57 85,046.14 63,934.35 58,147.73
390,415,205.93 382,910,918.19 374,393,742.07 382,344,628.91 396,238,965.62 382,882,747.56 362,021,510.57 411,514,423.84
1,270,958,668.48 1,278,605,593.65 1,268,706,127.18 1,299,460,047.54 1,306,937,094.33 1,322,030,979.18 1,347,457,716.05 1,330,477,940.78
554,715,324.01 562,525,571.67 562,274,592.03 568,947,814.28 570,333,588.90 571,730,158.40 573,369,200.87 573,370,716.25
482,210,639.98 491,236,032.34 496,974,105.90 500,289,164.33 505,225,665.87 513,202,417.51 521,957,180.98 528,859,433.14
1,432,232.32 3,215,797.69 (2,971,339.83) (1,167,940.20) (3,572,456.88) (8,645,493.39) (1,460,843.14) (13,624,583.23)
2,740,502.01 2,741,654.77 2,728,469.61 2,729,622.38 2,730,775.15 2,728,565.84 2,729,718.61 2,728,950.19
229,859,970.17 218,886,537.17 209,700,299.47 228,661,386.76 232,219,521.30 243,015,330.82 250,862,458.73 239,143,424.44
 Dec-15

10,895,178,585.90
2,252,205,409.70
5,590,444,889.49
5,719,664,599.80
212,956,842.84
336,859,388.74

293,141,000.00
33,115,968.68
5,169,848,368.23
129,219,710.31
5,506,707,756.97
5,180,450,788.29
2,583,457,781.82
2,360,983,649.06
2,383,204,807.02
185,082,360.78
3,423,215.68
1,009,414,995.75
1,082,057,153.68
84,065,494.91
19,161,586.23
2,885,791.84
25,106,949.81
222,474,132.76
63,483,396.23
89,047,993.93

12,189,059.52
7,301,226.24
4,887,833.28
11,642,740.33
1,627,196.33
1,388,616.64
11,836.08
13,098,761.34
12,454,000.28
405,587,108.66

9,656,952,121.11
28,226,206.79
0.00
8,295,106,599.99
6,807,731,410.29
1,898,242,936.06
3,419,188,797.60
1,375,361,120.34
114,938,556.29
1,487,375,199.70
52,013,195.72
732,377,125.89
702,984,878.09
0.00
174,774,192.56
583,320,876.56
95,712,157.64
106,996,717.44
100.00
54,543.04
372,760,727.10
1,238,226,464.79
573,373,118.47
536,951,028.73
(16,767,200.71)
2,729,622.66
141,939,895.64