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

- 85 -The breakdown of total loans as to type of interest rate follows:BDO Unibank GroupParent Bank2011 2010 2011 2010Variable interest rates P 483,438 P 364,479 P 469,209 P 355,991Fixed interest rates 186,708 177,033 187,158 170,962P 670,146 P 541,512 P 656,367 P 526,953Loans and other receivables bear annual interest rates of 0% (primarily non-performingloans) to 43.7% (for credit card installment receivables) per annum in 2011, 2010 and2009 in both the BDO Unibank Group and Parent Bank financial statements.The BDO Unibank Group’s receivables from customers amounting to P960 and P1,448as of December 31, 2011 and 2010, respectively, are pledged as collaterals with the BSPto secure borrowings under rediscounting privileges (see Note 16).11. PREMISES, FURNITURE, FIXTURES AND EQUIPMENTThe gross carrying amounts and accumulated depreciation and amortization ofpremises, furniture, fixtures and equipment at the beginning and end of 2011 and 2010are shown below.BDO Unibank GroupLeasehold Furniture,Rights and Fixtures andLand Buildings Improvements Equipment TotalDecember 31, 2011Cost P 5,130 P 7,701 P 2,858 P 12,750 P 28,439Accumulateddepreciation andamortization - ( 2,498) ( 1,635 ) ( 8,616 ) ( 12,749)Net carrying amount P 5,130 P 5,203 P 1,223 P 4,134 P 15,690December 31, 2010Cost P 5,079 P 6,620 P 2,673 P 15,185 P 29,557Accumulateddepreciation andamortization - ( 2,167) ( 1,268 ) ( 11,065 ) ( 14,500 )Net carrying amount P 5,079 P 4,453 P 1,405 P 4,120 P 15,057January 1, 2010Cost P 4,780 P 5,568 P 2,293 P 16,475 P 29,116Accumulateddepreciation andamortization - ( 1,685 ) ( 880 ) ( 11,811 ) ( 14,376 )Allowancefor impairment - - ( 4 ) ( 4 ) ( 8 )Net carrying amount P 4,780 P 3,883 P 1,409 P 4,660 P 14,732Parent BankDecember 31, 2011Cost P 5,130 P 7,642 P 2,715 P 11,713 P 27,200Accumulateddepreciation andamortization - ( 2,459) ( 1,558 ) ( 8,109 ) ( 12,126 )Net carrying amount P 5,130 P 5,183 P 1,157 P 3,604 P 15,074