2) Leased PropertiesThe Group leases a majority of its banking premises for periods ranging from 1 to 15 years fromthe date of the contracts; terms are renewable upon the mutual agreement of the parties. Rentexpense, reported as part of Occupancy under Other Operating Expense account in the incomestatement, amounted to P1.89 billion in 2011, P1.76 billion in 2010, and P1.65 billion in 2009 in theGroup financial statements and P1.81 billion in 2011, P1.66 billion in 2010 and P1.53 billion in2009 in the Parent Bank financial statements.A list of these leased properties is as follows:(a)Metro Manila BranchesBranch Address Lease Lease ExpiryEffectivity1 ABS CBN - MotherIgnacia St.Stall no. 25 South Wing, GF ELJCC Bldg., Sgt. E. A.Esguerra Avenue corner Mother Ignacia St. QuezonCity 08/05/07 08/04/1<strong>22</strong> Acropolis - E. Rodriguez GF ACO Bldg., 191 E. Rodriguez Jr. Avenue,Jr.Bagumbayan, Quezon City 05/01/08 04/30/133 Alabang Hills RBC Corporate Center, Don Jesus Blvd., BarangayCupang, Muntinlupa 08/01/04 07/31/14Unit 5 & 6, Molito Commercial Complex, MadrigalBusiness Park, Madrigal Avenue, Muntinlupa City 06/20/10 06/20/154 Alabang - MadrigalAvenue5 Alabang - Muntinlupa West Service Road, Alabang, Muntinlupa City Month to month6 Amorsolo GF Queensway Bldg., No.118 Amorsolo Street,Legaspi Village, Makati City 03/01/11 02/29/167 Anonas - Kamias Security Bank Bldg., Anonas St. corner K-6 St., EastKamias, 1102 Quezon City 09/01/11 08/31/168 Antipolo - B.V. Soliven Blk. 24, Lot 1, Benito V. Soliven Avenue,Greenheights Subdivision, Brgy. Mayamot, AntipoloCity 05/01/10 04/30/209 Antipolo - Sumulong <strong>BDO</strong> Bldg., Sumulong Highway, Masinag Highway,Mayamot, Antipolo 5/1/1998 04/30/1810 Arranque 1359 -1361 Soler St., Sta. Cruz, Manila 09/01/11 08/31/1711 Aurora Blvd. - Anonas Manahan Bldg., Aurora Blvd. corner Anonas Avenue,Quezon City 12/01/08 11/30/1812 Aurora Blvd. - Broadway Broadway Centrum Cond., Aurora Blvd. cor. DonaCentrumJuan Rodriguez St., 1112, Valencia, QC 12/31/10 12/31/1313 Aurora Blvd. - Hemady 708 Aurora Blvd. corner Hemady St., New Manila,1110 Quezon City 06/01/09 05/31/1214 Ayala - Rufino GF Rufino Bldg., Ayala Avenue corner Herrera St.,1<strong>22</strong>6 Makati City 02/01/07 01/31/1215 Ayala Alabang GF Condominium C Unioil Center Bldg., AcaciaAvenue corner Commerce Avenue, Muntinlupa City 08/01/11 07/31/1616 Ayala Alabang - Richville Richville Center 1314 Commercial Avenue Extension,CenterMadrigal Business Park, Ayala Alabang, Muntinlupa 07/01/97 07/01/1317 Ayala Avenue 6805 Multinational Bancorporation Centre, AyalaAvenue, Makati City 11/01/11 10/31/1618 Ayala Avenue - People's GF People Support Center, Amorsolo Street cornerSupportAyala Avenue, Makati City 12/16/10 07/31/15SEC FORM 17-A 14
Branch Address Lease Lease ExpiryEffectivity19 Ayala Triangle 1 GM-B GF Tower 1, Ayala Triangle, Ayala Avenue,Makati City 05/01/11 04/30/1620 A. Arnaiz - San Lorenzo L & R Bldg., 1018 A. Arnaiz Avenue, Makati CityVillage11/13/08 11/12/1321 A. Bonifacio Avenue - 960 A. Bonifacio Avenue, Balintawak, Quezon CityBalintawak06/01/10 05/31/20<strong>22</strong> A. Santos - South Units E & F, 8365, Dr. A Santos Avenue., Parañaque,ExpresswayM. M. 02/01/05 01/31/1523 Baclaran 2987 Taft Avenue Extension, Pasay City 10/01/02 09/30/1724 Bacoor FRC Mall, Gen. Evangelista Street corner ZapoteRoad, Bacoor, Cavite 07/16/02 07/15/1<strong>22</strong>5 Bacoor - AguinaldoHighwayGen. Aguinaldo Highway, Panapaan, Bacoor, Cavite08/01/09 07/31/2426 Banawe - Agno 202-204 Banawe corner Agno St., 1100 Quezon City 03/01/10 03/28/1527650 N. S. Amoranto Avenue corner Banawe St.,Banawe - AmorantoQuezon City1/1/11 12/31/1528 Banawe - Kitanlad 23-25 Banawe corner Kitanlad, Quezon City 02/16/07 09/15/1<strong>22</strong>9 Banawe - N. Roxas 71 N. Roxas St. corner Banawe, Quezon City 12/01/02 11/30/1230 Bel-Air GF, SM Makati Cyberzone 1, Sen Gil J. PuyatAvenue, Makati City 08/16/08 08/15/1331 Better Living Doña Soledad Avenue corner France Street, BetterLiving, Parañaque City 12/01/06 11/30/2632 Better Living - Bicutan 43 Doña Soledad Avenue, Betterliving Subd., DonBosco, Parañaque City 03/24/07 03/23/1733 BF Homes - Aguirre RGM Building, 326 Aguirre Avenue, BF Homes,Parañaque City 02/16/08 02/15/1834 BF Homes - Parañaque 65 President's Avenue Plaza, near corner AguirreAvenue, BF Homes, Parañaque City 12/01/11 11/30/1635 Bicutan - South SuperHighwayColumbian Motors Cmpd., KM 16 West ServiceRoad, South Super Highway, Bicutan, 1700Parañaque, Metro Manila 06/<strong>22</strong>/11 06/21/1236 Boni - Ligaya 654 Boni Avenue, 1550 Mandaluyong City 04/01/97 04/01/1237 Bonifacio Global City -Burgos CircleUnit 1F - & 1 - E, GF Crescent Park Residences, 2ndAvenue, Burgos Circle, Bonifacio Global City, TaguigCity 10/01/10 09/30/2038 Bonifacio Global City -Fort LegendsGF Fort Legends Tower, corner 31st Street and 3rdAvenue, Bonifacio Global City, Taguig City 03/15/09 03/14/1939 Bonifacio Global City -Market MarketSpace No.101, Market Market, Bonifacio Global City,Fort Bonifacio, Taguig, MM 10/01/07 09/30/1340 Bonifacio Global City -One Mckinley PlaceGF One Mckinley Place Global City, 4th Ave. Corner25th St., Bonifacio Global City, Taguig City 08/16/10 08/15/2041 Bonifacio Global - MCHome DepotGF MC Home Depot, 32nd Street corner BonifacioAvenue, Bonifacio Global City, Taguig 06/08/08 06/07/1342 Bonifacio Global City -Picadilly StarGF Picadilly Corporate Center, 4th Avenue corner 27Street, Bonifacio Global City, Taguig 09/01/09 08/31/1943 Bonifacio Global City - St.Luke'sSt. Luke's Medical Center, Rizal Drive corner 5thAvenue & 32nd Street, Bonifacio Global City, Taguig 12/10/09 08/27/1944 Bonifacio Global City -University ParkwayGF Avecshares Center, 1132 University Parkway,Bonifacio North Triangle, Bonifacio Global City,Taguig 04/16/10 04/15/1545 Buendia-Taft 317 Sen. Gil Puyat Avenue, Pasay City 09/01/06 08/31/12SEC FORM 17-A 15
- 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 10 and 11: sophisticated investors. The Bank
- 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 22 and 23: Branch Address Lease Lease ExpiryEf
- Page 24 and 25: Branch Address Lease Lease ExpiryEf
- Page 26 and 27: Branch Address Lease Lease ExpiryEf
- Page 28 and 29: Branch Address Lease Lease ExpiryEf
- Page 30 and 31: Branch Address Lease Lease ExpiryEf
- Page 32 and 33: Branch Address Lease Lease ExpiryEf
- Page 34 and 35: Branch Address Lease Lease ExpiryEf
- Page 36 and 37: Branch Address Lease Lease ExpiryEf
- Page 38 and 39: Branch Address Lease Lease ExpiryEf
- Page 40 and 41: 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
- Page 66 and 67: 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
- Page 72 and 73:
Equitable Banking Corporation in Ju
- Page 74 and 75:
The above compensation includes the
- Page 76 and 77:
Title ofClassName of BeneficialOwne
- Page 78 and 79:
esponsible for the setting up of th
- Page 80 and 81:
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
- 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 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 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
- 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
- Page 213 and 214:
- 116 -(c) Other Transactions with
- Page 215 and 216:
- 118 -ii. On January 31, 2008, BDO
- Page 217 and 218:
- 120 -27. TAXES27.01 Current and D
- Page 219 and 220:
- 122 -Movements in net deferred ta
- Page 221 and 222:
- 124 -27.04 Gross Receipts Tax (GR
- Page 223 and 224:
- 126 -28. EARNINGS PER SHAREBasic
- Page 225 and 226:
- 128 -29. SELECTED FINANCIAL PERFO
- Page 227 and 228:
- 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