Via ODiSy March 22, 2012 PHILIPPINE STOCK EXCHANGE ... - BDO

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sophisticated investors. The Bank’s strong origination and structuring capabilities, robustdistribution network, dominant presence in both the equities and capital markets, and establishedtrack record all highlight BDO’s brand of investment banking.InsuranceThe Bank provides its clients property and casualty insurance through BDO Insurance Brokers,Inc., a wholly-owned subsidiary. In partnership with Generali Pilipinas Holding, the Bank alsoacquired a bancassurance license that permits it to market and sell both life and non-life insuranceproducts through its nationwide network of more than 740 branches, permitting customers accessto a wide array of insurance products.Trade ServicesThe Bank offers a complete range of trade finance products and services, ranging from letters ofcredit to inventory financing that respond to the specific trade- and international requirements of itscorporate customers.Wholesale Lending and International DesksBDO offers structured and trade finance services to suit the specialized business requirements ofcompanies from within the region and around the globe, namely, Japanese, Mainland Chinese,Taiwanese, Singaporean, Korean, and other Asian companies, as well as North American andEuropean commercial interests in the Philippines. The Bank also provides cross-border financesupported by export credit agencies, rated export-import banks, and other foreign banks frommember countries of the Organization for Economic Development and Cooperation (OECD) andmultilateral organizations. Wholesale funds from government financial institutions are also availablefor specialized financing purposes.Private BankingBDO provides high value investment, financial, and estate advisory services to a niche market ofemerging affluent and high network individuals, as well as corporate and institutional clientsthrough its wholly-owned subsidiary, BDO Private Bank, Inc.. BDO Private Bank Inc.’s openarchitecture platform allows it to provide bespoke or custom-made structures to address clients’specific financial needs.LeasingBDO Leasing and Finance, Inc. offers comprehensive leasing and financing solutions tocommercial clients across various industries.SEC FORM 17-A 4
From the above mentioned products and services, the Bank’s revenues are divided into two majorcategories, namely, (1) interest income from the Bank’s deposit taking, lending and investingactivities which accounts for 71% of revenues, and (2) other income which includes servicecharges, fees & commissions, trading gain, foreign exchange gains, trust fees, income from sale ofacquired assets and other miscellaneous income which account for 29% of revenues. Of all therevenue accounts, the following contributes more than 10% to total revenues:Income Accounts% to Total Income1. Interest Income on Loans & Other Receivables 52.3%2. Interest Income on Investment & Trading Securities 14.8%3. Service Charges, Fees and Commissions 14.8%(ii)Distribution Methods of Products or ServicesThe Bank’s products and services are available mainly through the branches, but select servicesare also accessible through other channels such as call centers, mobile and landline telephones,internet, and point-of-sale terminals. The Bank’s extensive distribution network provides it goodmarket coverage that is superior to many of its competitors. Aside from a branch in Hong Kongand a consolidated domestic network of 743 operating branches, the Bank has 1,596 ATMs as of31 December 2011.(iii)Status of Publicly Announced New Products or ServiceOn 25 November 2011, the BDO Institutional Cash Reserve Fund was launched and is now fullyoperational.(iv)CompetitionAs of 31 December 2011, the Philippine commercial banking sector consisted of 38 commercialbanks, 19 of which are private domestic banks, 16 are branches/subsidiaries of foreign commercialbanks and 3 are government-controlled banks. Of the 38 commercial banks, 20 are universalbanks, of which 6 are branches of foreign banks.Based on published statements of condition, the total assets of the commercial banking system asof 31 December 2011 reached P7.0 trillion. The five largest banks, namely, BDO, MetropolitanBank and Trust Company, Bank of the Philippine Islands, Land Bank of the Philippines and RizalCommercial Banking Corp., accounted for 55% of total assets.As of 31 December 2011, the loans and receivables (net) of the commercial banking systemamounted to P3.5 trillion, while total deposits was at P5.1 trillion. The total capital accounts of thecommercial banking system amounted to P746 billion as of December 2011.Note: All the data used in the discussion above are based on published statements of condition ofall commercial banks.SEC FORM 17-A 5
Page 1 and 2: Via ODiSyMarch 22, 2012PHILIPPINE S
Page 3: SEC FORM 17-A
Page 6 and 7: TABLE OF CONTENTSPage No.PART I- BU
Page 8 and 9: Philippine Subsidiaries% Interest H
Page 12: (v)Transactions with and/or Depende
Page 16 and 17: BDO BANK-OWNED PROPERTIES UTILIZED
Page 18 and 19: BDO BANK-OWNED PROPERTIES UTILIZED
Page 20 and 21: 2) Leased PropertiesThe Group lease
Page 22 and 23: Branch Address Lease Lease ExpiryEf
Page 42 and 43: Item 4. Submission of Matters to a
Page 44 and 45: On 29 January 2011, the Board of th
Page 46 and 47: Total Equity grew by 9% to P97.0 bi
Page 48 and 49: Balance Sheet - 2010 vs. 2009Total
Page 50 and 51: Comprehensive Income - For the year
Page 52 and 53: Item 7. Financial StatementsThe con
Page 54 and 55: UOB Singapore. He was formerly the
Page 56 and 57: Director of the Philippine Global C
Page 58 and 59: Name Age PositionInvestments GroupG
Page 60 and 61:
Antonio N. Cotoco, 63, is Senior Ex
Page 62 and 63:
Bienvenido M. Juat, Jr., 58, is Exe
Page 64 and 65:
Ma. Ophelia Ll. Camiña, 58, is Sen
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Corporation; a Trustee of PCI Bank
Page 68 and 69:
Dalmacio D. Martin, 50, is Senior V
Page 70 and 71:
Luis S. Reyes, Jr., 54, is Senior V
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Equitable Banking Corporation in Ju
Page 74 and 75:
The above compensation includes the
Page 76 and 77:
Title ofClassName of BeneficialOwne
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esponsible for the setting up of th
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2 May 2011 Retirement of Ms. Nenita
Page 82:
Setting the annual shareholders’
Page 87:
AUDITED FINANCIAL STATEMENTSDECEMBE
Page 93 and 94:
BDO UNIBANK, INC. AND SUBSIDIARIES(
Page 95 and 96:
- 2 -Net UnrealizedFair ValueGains
Page 97 and 98:
- 2 -BDO Unibank GroupParent BankNo
Page 99 and 100:
1.02 Approval of Financial Statemen
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- 4 -Parent BankFRSP Difference PFR
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- 6 -(ii) Philippine Interpretation
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- 8 -• PFRS 7 (Amendment), Financ
Page 107 and 108:
- 10 -(v) PFRS 9, Financial Instrum
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- 12 -The financial statements of s
Page 111 and 112:
- 14 -2.06 Financial AssetsFinancia
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- 16 -HTM investments consist of go
Page 115 and 116:
- 18 -The value produced by a model
Page 117 and 118:
- 20 -2.12 Premises, Furniture, Fix
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- 22 -Deposit liabilities and other
Page 121 and 122:
- 24 -2.20 Revenue and Expense Reco
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- 26 -Provisions are measured at th
Page 125 and 126:
- 28 -Future cash flows in a group
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- 30 -Foreign exchange gains and lo
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- 32 -(e)Executive Stock Option Pla
Page 131 and 132:
- 34 -3.01 Critical Management Judg
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- 36 -3.02 Key Sources of Estimatio
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- 38 -(iv) Loans and Other Receivab
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- 40 -Parent BankNotes Level 1 Leve
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- 42 -The retirement benefit asset
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- 44 -• It then disseminates the
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- 46 -2010MoreOne to than three Mor
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- 48 -2010MoreOne to than three Mor
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- 50 -Parent Bank2011 2010ForeignFo
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- 52 -BDO Unibank Group2010More Mor
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- 54 -Parent Bank2010More MoreOne t
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- 56 -A summary of the VaR position
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- 58 -Parent BankImpact onImpact on
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- 60 -b. SubstandardAccounts classi
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- 62 -BDO Unibank Group2010Loans an
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- 64 -Parent Bank2010Loans andTradi
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- 66 -4.02.04.03 Concentrations of
Page 165 and 166:
- 68 -5. SEGMENT REPORTINGThe BDO U
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- 70 -Commercial Investment Private
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- 72 -At Amortized Carrying FairCos
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- 74 -8. DUE FROM OTHER BANKSThe ba
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- 76 -The aggregate contractual or
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- 78 -The fair values of government
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- 80 -The fair values are determine
Page 179 and 180:
- 82 -Reclassification of CLNs from
Page 181 and 182:
- 84 -Per MORB, non-performing loan
Page 183 and 184:
- 86 -Leasehold Furniture,Rights an
Page 185 and 186:
- 88 -Land Buildings TotalJanuary 1
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- 90 -Real and other properties acq
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- 92 -The BDO Unibank Group’s sub
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- 94 -Full allowance for impairment
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- 96 -This account is composed of t
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- 98 -The breakdown of this account
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- 100 -On October 19, 2009, the pre
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- 102 -On December 29, 2009, BSP is
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- 104 -19.02 Capital AllocationThe
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- 106 -annum of the par value. Subs
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- 108 -20. INTEREST INCOMEInterest
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- 110 -Other operating expenses con
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- 112 -The movements in the present
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- 114 -Parent Bank2011 2010 2009 20
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- 116 -(c) Other Transactions with
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- 118 -ii. On January 31, 2008, BDO
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- 120 -27. TAXES27.01 Current and D
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- 122 -Movements in net deferred ta
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- 124 -27.04 Gross Receipts Tax (GR
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- 126 -28. EARNINGS PER SHAREBasic
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- 128 -29. SELECTED FINANCIAL PERFO
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- 130 -Sale of BankardBDO (as succe
Page 229 and 230:
- 132 -PEACe bondsOn October 18, 20
Page 231:
- 134 -Following is a summary of BD
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Via ODiSy March 22, 2012 PHILIPPINE STOCK EXCHANGE ... - BDO

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