2011 Annual Report - BDO

STATEMENTS OFCHANGES IN EQUITYFOR THE YEARS ENDED DECEMBER 31, 2011 AND 2010(Amounts in Philippine Pesos)Share Capital (Note 15)Preferred Stock Common StockSurplus (Note 15)Reserves FreeUnrealized FairValue Gains (Losses)on Available-for-saleSecurities (Note 15)CumulativeTranslationAdjustment Total(Note 2)EquityBALANCE AS OF JANUARY 1, 2011P 1,225,000,000 P 940,000,000 P 13,509,022 P 2,340,032,352 ( P 46,417,271 ) ( P 708,415 ) P 4,471,415,688Total comprehensive income for the year545,832,761 27,226,765 573,059,526Translation adjustment fromforeign currency deposit t uni( 718,731 ) ( 718,731 )Transfer to (from) surplus reserves38,774,996 ( 38,774,996 )BALANCE AS OF DECEMBER 31, 2011P 1,225,000,000 P 940,000,000 P 52,284,018 P 2,847,090,117 ( P 19,190,506 ) ( P 1,427,146 ) P 5,043,756,483BALANCE AS OF JANUARY 1, 2010P 1,225,000,000 P 940,000,000 P 13,509,022 P 1,691,648,039( P 44,464,048 ) ( P 957,326 ) P 3,824,735,687Total comprehensive income(loss) for the year648,384,313 ( 1,953,223 )646,431,090Translation adjustment fromforeign currency deposit t uni248,911 248,911BALANCE AS OF DECEMBER 31, 2010P 1,225,000,000 P 940,000,000 P 13,509,022 P 2,340,032,352( P 46,417,271 ) ( P 708,415) P 4,471,415,688See Notes to Financial Statements.