2009 ANNUAL REPORT FINANCIAL SUPPLEMENTS - BDO

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NOTES TO FINANCIAL STATEMENTSDecember 31, 2009, 2008 and 2007(Amounts in Millions of Philippine Pesos, Except Per Share Data or as Indicated)December 31, 2008MoreOne to than three More than Morethree months to one year to than threemonths one year three years years TotalResources:Cash P 21,763 P - P - P - P 21,763Loans 215,609 48,717 40,779 162,485 467,590Investments 4,900 5,851 32,420 98,921 142,092Due from BSP/other banks 74,821 - - - 74,821Other resources - 10,574 - 44,786 55,360Total Resources 317,093 65,142 73,199 306,192 761,626BDO ANNUAL REPORT 200954Liabilities and Equity:Deposit liabilities 111,010 1,870 13,139 486,948 612,967Bills payable 22,329 12,859 647 27,553 63,388Other liabilities 3,369 27,645 1,534 (537) 32,011Total Liabilities 136,708 42,374 15,320 513,964 708,366Equity - - - 53,260 53,260Total Liabilities and Equity 136,708 42,374 15,320 567,224 761,626On-book gap 180,385 22,768 57,879 (261,032) -Cumulative on-book gap 180,385 203,153 261,032 - -Contingent assets 57,411 6,423 7,228 5,347 76,409Contingent liabilities 54,688 11,565 5,674 685 72,612Off-book gap 2,723 (5,142) 1,554 4,662 3,797Net Periodic Gap 183,108 17,626 59,433 (256,370) 3,797Cumulative Total Gap P 183,108 P 200,734 P 260,167 P 3,797 P -4.2 Market RiskBDO Unibank Group’s exposure to market risk, the risk of future loss from changes in the price of a financialinstrument, relates primarily to its holdings in foreign exchange instruments, debt securities and derivatives.BDO Unibank Group manages its risk by identifying, analyzing and measuring relevant or likely market risks.Market Risk Management recommends market risk limits based on relevant activity indicators for approval byBDO Unibank Group’s RMC and Board of Directors.4.2.1 Foreign Exchange RiskBDO Unibank Group manages its exposure to effects of fluctuations in the foreign currency exchangerates by maintaining foreign currency exposure within the existing regulatory guidelines and at a levelthat it believes to be relatively conservative for a financial institution engaged in that type of business.
NOTES TO FINANCIAL STATEMENTSDecember 31, 2009, 2008 and 2007(Amounts in Millions of Philippine Pesos, Except Per Share Data or as Indicated)BDO Unibank Group’s net foreign exchange exposure is computed as its foreign currency assets lessforeign currency liabilities. BSP regulations impose a cap of 20% of unimpaired capital or US$50million, whichever is lower, on the group excess foreign exchange holding of banks in the Philippines.BDO Unibank Group’s foreign exchange exposure is primarily limited to the day-to-day, over-thecounterbuying and selling of foreign exchange in BDO Unibank Group’s branches as well as foreignexchange trading with corporate accounts and other financial institutions. BDO Unibank Group, beinga major market participant in the Philippine Dealing System, may engage in proprietary trading to takeadvantage of foreign exchange fluctuations.BDO Unibank Group’s foreign exchange exposure during the day is guided by the limits set forth in BDOUnibank Group’s Risk Management Manual. These limits are within the prescribed ceilings mandatedby the BSP. At the end of each day, BDO Unibank Group reports to the BSP on its compliance withthe mandated foreign currency exposure limits. In addition, it also reports to the BSP on the respectiveforeign currency positions of its subsidiaries.The breakdown of the financial assets and liabilities as to foreign and peso-denominated balances as ofDecember 31, 2009 and 2008 follows:BDO Unibank Group2009 2008ForeignForeignCurrency Peso Total Currency Peso TotalResources:Cash and other cashitems and due fromBSP P 19 P 95,358 P 95,377 P - P 84,439 P 84,439Due from other banks 16,707 25 16,732 16,974 128 17,102Trading and investmentsecurities:At FVTPL 5,535 2,967 8,502 3,562 3,288 6,850AFS securities 23,296 23,737 47,033 13,808 21,365 35,173HTM 93,891 22,286 116,177 84,268 29,860 114,128Loans and otherreceivables 75,717 449,184 524,901 68,815 423,171 491,986Other resources 2,071 821 2,892 1,138 13,829 14,967P 217,236 P 594,378 P 811,614 P 188,565 P 576,080 P 764,645BDO ANNUAL REPORT 200955Liabilities:Deposit liabilities P 188,988 P 505,690 P 694,678 P 172,667 P 464,087 P 636,754Bills payable 3,594 27,821 31,415 16,879 34,557 51,436Subordinated notes - 23,152 23,152 - 20,146 20,146Other liabilities 8,469 36,448 44,917 10,934 24,988 35,922P 201,051 P 593,111 P 794,162 P 200,480 P 543,778 P 744,258
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FINANCIAL HIGHLIGHTSIn Billion Peso
Page 5 and 6: REPORT OF INDEPENDENT AUDITORSTo th
Page 7 and 8: STATEMENTS OF INCOMEFor the Years E
Page 9 and 10: STATEMENTS OF CHANGES IN EQUITYFor
Page 11 and 12: STATEMENTS OF CASH FLOWSFor the Yea
Page 13 and 14: NOTES TO FINANCIAL STATEMENTSDecemb
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COMPANY HEADQUARTERSBanco De Oro Un
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2009 ANNUAL REPORT FINANCIAL SUPPLEMENTS - BDO

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