2011 Annual Report - BDO

Details of impairment losses (recovery from impairment) recognized by the Bank on itsfinancial assets are presented below.Notes 2011 2010Held to maturity 7 ( P 41,395,481) P 41,456,760Loans and receivables 8 ( 76,716,633) 16,425,761Available-for-sale securities 6 119,422,767 -(b) Fair Value of Financial Assets and LiabilitiesP 1,310,653 P 57,882,521The following tables summarize the carrying amounts and fair values of those financial resources andliabilities not presented in the Bank’s statement of financial position at their fair values.2011CostFair ValueFinancial AssetsDue from BSP P 7,092,895,832 P 7,092,895,832Due form other Banks 1,199,727,734 1,199,727,734Available-for-sale securities – at cost 5,500,100 5,500,100Held-to-maturity investments 7,881,191,122 8,224,955,755Loans and other receivablesReceivable from customers 1,528,048,435 1,671,353,223Financial LiabilitiesDeposit liabilities 21,384,930,431 21,309,895,428Bills payable 1,538,408 1,403,478Cost2010Fair ValueFinancial AssetsDue from BSP P 7,055,616,718 P 7,055,616,718Due from other Banks 1,159,435,277 1,159,435,277Available-for-sale securities – at cost 5,500,100 5,500,100Held-to-maturity investments 8,626,118,034 9,024,189,871Loans and other receivablesReceivable from customers 2,786,913,241 2,786,913,241Unquoted debt securities 880,918,524 809,376,370Financial LiabilitiesDeposit liabilities 21,881,281,905 21,508,600,898www.bdo.com.ph 75