- 39 -The financial assets and liabilities measured at fair value in the statements of financialposition as of December 31, 2011 and 2010 are grouped into the fair value hierarchyas presented in the following table. For the purpose of this disclosure, theinvestments in unquoted equity securities classified as AFS amounting to P570 andP927 in 2011 and 2010, respectively, in the <strong>BDO</strong> Unibank Group financial statementsand P310 and P662 in 2011 and 2010, respectively in the Parent Bank financialstatements are measured at cost less impairment charges because the fair value cannotbe reliably measured and therefore are not included. Unquoted equity securitiesconsist of preferred shares and common shares of various unlisted local companies.<strong>BDO</strong> Unibank GroupDecember 31, 2011Notes Level 1 Level 2 TotalResourcesFinancial assets at FVTPL 9.01Derivative financial assets P 1,890 P 1,849 P 3,739Government bonds 949 - 949Other debt securities 58 - 58Equity securities - quoted 77 - 772,974 1,849 4,823AFS securities 9.02Government debt securities 55,065 56 55,121Other debt securities-quoted 28,279 - 28,279Equity securities 5,516 439 5,95588,860 495 89,355P 91,834 P 2,344 P 94,178LiabilitiesDerivatives with negativefair values 18 P 1,877 P 1,443 P 3,320December 31, 2010ResourcesFinancial assets at FVTPL 9.01Derivative financial assets P 3,380 P 1,730 P 5,110Government bonds 1,640 - 1,640Other debt securities 610 - 610Equity securities 12 - 125,642 1,730 7,372AFS securities 9.02Government debt securities 52,299 78 52,377Other debt securities-quoted 26,211 - 26,211Equity securities 6,140 19 6,15984,650 97 84,747P 90,292 P 1,827 P 92,119LiabilitiesDerivatives with negativefair values 18 P 3,168 P 1,547 P 4,715
- 40 -Parent BankNotes Level 1 Level 2 TotalDecember 31, 2011ResourcesFinancial assets at FVTPL 9.01Derivative financial assets P 1,890 P - P 1,890Government bonds 518 - 5182,408 - 2,408AFS securities 9.02Government debt securities 52,527 56 52,583Other debt securities - quoted 27,7<strong>22</strong> - 27,7<strong>22</strong>Equity securities 1,877 439 2,31682,126 495 82,621P 84,534 P 495 P 85,029LiabilitiesDerivatives with negativefair values 18 P 1,877 P - P 1,877December 31, 2010ResourcesFinancial assets at FVTPL 9.01Derivative financial assets P 3,379 P - P 3,379Government bonds 866 - 866Other debt securities 102 - 1024,347 - 4,347AFS securities 9.02Government debt securities 49,677 78 49,755Other debt securities - quoted 24,348 - 24,348Equity securities 2,940 20 2,96076,965 98 77,063P 81,312 P 98 P 81,410LiabilitiesDerivatives with negativefair values 18 P 3,168 P - P 3,168The <strong>BDO</strong> Unibank Group and Parent Bank have no financial instrument as ofDecember 31, 2011 and 2010 whose fair value was measured under level 3. Themethods and valuation techniques used for the purpose of measuring fair values areunchanged compared to the previous reporting periods.There have been no significant transfers among levels 1 and 2 in the reportingperiods.
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Via ODiSyMarch 22, 2012PHILIPPINE S
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SEC FORM 17-A
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TABLE OF CONTENTSPage No.PART I- BU
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Philippine Subsidiaries% Interest H
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sophisticated investors. The Bank
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(v)Transactions with and/or Depende
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BDO BANK-OWNED PROPERTIES UTILIZED
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BDO BANK-OWNED PROPERTIES UTILIZED
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2) Leased PropertiesThe Group lease
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Branch Address Lease Lease ExpiryEf
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Branch Address Lease Lease ExpiryEf
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Branch Address Lease Lease ExpiryEf
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Branch Address Lease Lease ExpiryEf
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Branch Address Lease Lease ExpiryEf
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Branch Address Lease Lease ExpiryEf
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Branch Address Lease Lease ExpiryEf
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Branch Address Lease Lease ExpiryEf
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Branch Address Lease Lease ExpiryEf
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Branch Address Lease Lease ExpiryEf
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Item 4. Submission of Matters to a
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On 29 January 2011, the Board of th
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Total Equity grew by 9% to P97.0 bi
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Balance Sheet - 2010 vs. 2009Total
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Comprehensive Income - For the year
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Item 7. Financial StatementsThe con
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UOB Singapore. He was formerly the
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Director of the Philippine Global C
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Name Age PositionInvestments GroupG
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Antonio N. Cotoco, 63, is Senior Ex
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Bienvenido M. Juat, Jr., 58, is Exe
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Ma. Ophelia Ll. Camiña, 58, is Sen
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Corporation; a Trustee of PCI Bank
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Dalmacio D. Martin, 50, is Senior V
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Luis S. Reyes, Jr., 54, is Senior V
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Equitable Banking Corporation in Ju
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The above compensation includes the
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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
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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
- Page 101 and 102: - 4 -Parent BankFRSP Difference PFR
- Page 103 and 104: - 6 -(ii) Philippine Interpretation
- Page 105 and 106: - 8 -• PFRS 7 (Amendment), Financ
- Page 107 and 108: - 10 -(v) PFRS 9, Financial Instrum
- Page 109 and 110: - 12 -The financial statements of s
- Page 111 and 112: - 14 -2.06 Financial AssetsFinancia
- Page 113 and 114: - 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
- Page 119 and 120: - 22 -Deposit liabilities and other
- Page 121 and 122: - 24 -2.20 Revenue and Expense Reco
- Page 123 and 124: - 26 -Provisions are measured at th
- Page 125 and 126: - 28 -Future cash flows in a group
- Page 127 and 128: - 30 -Foreign exchange gains and lo
- Page 129 and 130: - 32 -(e)Executive Stock Option Pla
- Page 131 and 132: - 34 -3.01 Critical Management Judg
- Page 133 and 134: - 36 -3.02 Key Sources of Estimatio
- Page 135: - 38 -(iv) Loans and Other Receivab
- Page 139 and 140: - 42 -The retirement benefit asset
- Page 141 and 142: - 44 -• It then disseminates the
- Page 143 and 144: - 46 -2010MoreOne to than three Mor
- Page 145 and 146: - 48 -2010MoreOne to than three Mor
- Page 147 and 148: - 50 -Parent Bank2011 2010ForeignFo
- Page 149 and 150: - 52 -BDO Unibank Group2010More Mor
- Page 151 and 152: - 54 -Parent Bank2010More MoreOne t
- Page 153 and 154: - 56 -A summary of the VaR position
- Page 155 and 156: - 58 -Parent BankImpact onImpact on
- Page 157 and 158: - 60 -b. SubstandardAccounts classi
- Page 159 and 160: - 62 -BDO Unibank Group2010Loans an
- Page 161 and 162: - 64 -Parent Bank2010Loans andTradi
- Page 163 and 164: - 66 -4.02.04.03 Concentrations of
- Page 165 and 166: - 68 -5. SEGMENT REPORTINGThe BDO U
- Page 167 and 168: - 70 -Commercial Investment Private
- Page 169 and 170: - 72 -At Amortized Carrying FairCos
- Page 171 and 172: - 74 -8. DUE FROM OTHER BANKSThe ba
- Page 173 and 174: - 76 -The aggregate contractual or
- Page 175 and 176: - 78 -The fair values of government
- Page 177 and 178: - 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
- Page 225 and 226:
- 128 -29. SELECTED FINANCIAL PERFO
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- 130 -Sale of BankardBDO (as succe
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- 132 -PEACe bondsOn October 18, 20
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- 134 -Following is a summary of BD