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

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- 65 -Exposure to credit risk also includes unused commercial letters of credits andcommitted credit lines amounting to P33,391 and P111,469, respectively, for 2011 andP30,991 and P89,694, respectively, for 2010 in the BDO Unibank Group financialstatements and P33,391 and P110,148, respectively, for 2011 and P30,991 and P89,618,respectively, for 2011 in the Parent Bank financial statements (see Note 31.03).4.02.04.02 Collateral Held as Security and Other Credit EnhancementsBDO Unibank Group holds collateral against loans and receivables from customers inthe form of mortgage interests over property, other registered securities over assets, andguarantees. Estimates of fair value are based on the value of collateral assessed at thetime of borrowing and are updated periodically, e.g., annually for real estate properties,as provided in the Parent Bank’s Credit Policy Manual. Collateral generally is not heldover due from other banks, interbank loans and investment securities, except whensecurities are held as part of reverse repurchase and securities borrowing activity. BDOUnibank Group holds collateral against loans and other receivables in the form ofproperty, debt securities, equities and others.Estimate of the fair value of collateral and other security enhancements held against thefollowing loans and other receivables risk groupings as of December 31 follows:BDO Unibank Group Parent Bank2011 2010 2011 2010Individually impairedProperty P 16,358 P 20,821 P 16,290 P 20,678Equity 709 118 398 -Others 19,968 6,776 19,894 6,37237,035 27,715 36,582 27,050Collectively impairedProperty 5,069 4,636 5,069 4,636Others 1,262 200 1,262 2006,331 4,836 6,331 4,836Past due but not impairedProperty 5,300 6,574 5,299 6,573Equity 1 1 - -Others 2,755 863 2,746 8548,056 7,438 8,045 7,427Neither past due nor impairedProperty 264,652 267,958 264,161 267,148Debt security 1,314 1,027 1,203 899Equity 96,380 5,472 87,458 -Others 397,615 130,754 391,625 123,002759,961 405,211 744,447 391,049P 811,383 P 445,200 P 795,405 P 430,362
- 66 -4.02.04.03 Concentrations of Credit RiskThe BDO Unibank Group monitors concentrations of credit risk by sector and bygeographic location. An analysis of concentrations of credit risk (gross of allowance) atthe reporting date is shown below.BDO Unibank Group2011 2010ReceivablesReceivablesCash and Cash from Investment Cash and Cash from InvestmentEquivalents Customers Securities Equivalents Customers SecuritiesConcentration by sector:Financial intermediaries P 182,742 P 84,668 P 124,158 P 186,932 P 79,058 P 137,745Wholesale and retail trade - 105,905 1 - 76,592 541Manufacturing - 101,468 15,753 - 90,555 17,151Real estate, renting andother related activities - 77,624 5,388 - 55,842 4,320Other community, socialand personal activities - 58,315 - - 39,474 -Transportation andcommunication - 51,378 7,671 - 36,295 6,946Agriculture, fishing andforestry - 8,037 - 9,592 717Others - 182,751 30,886 154,104 27,822P 182,742 P 670,146 P 183,857 P 186,932 P 541,512 P 195,242Concentration by location:Philippines P 159,982 P 650,516 P 150,939 P 166,404 P 535,335 P 158,756Others 22,760 19,630 32,918 20,528 6,177 36,486P 182,742 P 670,146 P 183,857 P 186,932 P 541,512 P 195,242Parent Bank2011 2010ReceivablesReceivablesCash and Cash from Investment Cash and Cash from InvestmentEquivalents Customers Securities Equivalents Customers SecuritiesConcentration by sector:Financial intermediaries P 171,871 P 86,169 P 110,700 P 176,811 P 78,142 P 123,773Wholesale and retail trade - 104,115 1 - 75,211 541Manufacturing - 97,730 15,746 - 86,861 15,546Real estate, renting andother related activities - 75,364 5,370 - 53,887 4,113Other community, socialand personal activities - 55,560 - - 39,291 -Transportation andcommunication - 48,203 7,671 - 33,845 6,946Agriculture, fishing andforestry - 7,536 - 8,254 717Others - 181,690 30,861 - 151,462 27,257P 171,871 P 656,367 P 170,349 P 176,811 P 526,953 P 178,893Concentration by location:Philippines P 150,543 P 636,737 P 138,891 P 157,949 P 520,776 P 143,680Others 21,328 19,630 31,458 18,862 6,177 35,213P 171,871 P 656,367 P 170,349 P 176,811 P 526,953 P 178,893
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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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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’
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AUDITED FINANCIAL STATEMENTSDECEMBE
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BDO UNIBANK, INC. AND SUBSIDIARIES(
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- 2 -Net UnrealizedFair ValueGains
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- 2 -BDO Unibank GroupParent BankNo
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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
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- 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
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 and 136: - 38 -(iv) Loans and Other Receivab
Page 137 and 138: - 40 -Parent BankNotes Level 1 Leve
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: - 64 -Parent Bank2010Loans andTradi
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
Page 187 and 188: - 90 -Real and other properties acq
Page 189 and 190: - 92 -The BDO Unibank Group’s sub
Page 191 and 192: - 94 -Full allowance for impairment
Page 193 and 194: - 96 -This account is composed of t
Page 195 and 196: - 98 -The breakdown of this account
Page 197 and 198: - 100 -On October 19, 2009, the pre
Page 199 and 200: - 102 -On December 29, 2009, BSP is
Page 201 and 202: - 104 -19.02 Capital AllocationThe
Page 203 and 204: - 106 -annum of the par value. Subs
Page 205 and 206: - 108 -20. INTEREST INCOMEInterest
Page 207 and 208: - 110 -Other operating expenses con
Page 209 and 210: - 112 -The movements in the present
Page 211 and 212: - 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
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- 132 -PEACe bondsOn October 18, 20
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- 134 -Following is a summary of BD
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Via ODiSy March 22, 2012 PHILIPPINE STOCK EXCHANGE ... - BDO

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