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

14. ALLOWANCE FOR IMPAIRMENT- 95 -Changes in the allowance for impairment are summarized below.BDO Unibank GroupParent Bank2011 2010 2011 2010Balance at beginning of year:AFS securities P 5,811 P 6,526 P 4,526 P 5,432HTM investments 453 737 412 737Loans and other receivables 26,144 22,496 25,806 21,364Investment properties 1,940 1,271 1,837 1,253Other resources 8,540 8,111 11,512 10,89542,888 39,141 44,093 39,681Impairment losses - net 6,144 6,698 5,945 6,374Reclassification/write-off/foreigncurrency revaluation ( 7,397) ( 2,951 ) ( 7,164) ( 1,962 )Balance at end of year:AFS securities 2,950 5,811 1,658 4,526HTM investments 412 453 412 412Loans and other receivables 27,027 26,144 26,717 25,806Investment properties 2,275 1,940 2,168 1,837Other resources 8,971 8,540 11,919 11,512P 41,635 P 42,888 P 42,874 P 44,093Total impairment losses on financial assets amounted to P5,372, P6,141, and P5,261 in2011, 2010 and 2009, respectively, in the BDO Unibank Group financial statements andP5,225, P5,777, and P4,892 in 2011, 2010 and 2009, respectively, in the Parent Bankfinancial statements.Total impairment losses on non-financial assets amounted to P772, P557, and P892 in2011, 2010 and 2009, respectively, in the BDO Unibank Group financial statements andP720, P597, and P883 in 2011, 2010 and 2009, respectively, in the Parent Bank financialstatements.15. DEPOSIT LIABILITIESThe breakdown of this account follows:BDO Unibank Group Parent Bank2011 2010 2011 2010Demand P 48,499 P 45,445 P 36,059 P 33,489Savings 482,517 426,024 483,147 426,687Time 327,553 311,166 319,542 302,458P 858,569 P 782,635 P 838,748 P 762,634