2004 - Asianbanks.net

EQUITABLE PCI BANK, INC. AND SUBSIDIARIESSTATEMENTS OF CONDITION(Amounts In Thousands)34GroupDecember 312003(As restated -Note 2) 2004Parent Company2003(As restated -Note 2)2004RESOURCESCash and Other Cash Items (Note 11) P=7,545,361 P=7,512,608 P=7,295,483 P=7,350,209Due from Bangko Sentral ng Pilipinas(Notes 11 and 15) 2,316,093 5,305,743 2,059,639 5,129,645Due from Other Banks (Note 15) 7,701,330 8,592,021 6,114,500 7,136,031Interbank Loans Receivable and SecuritiesPurchased Under Resale Agreements(Notes 3, 15 and 27) 17,364,767 22,978,937 19,858,767 23,397,444Trading Account Securities, at fair value(Notes 3 and 15) 2,982,531 3,285,658 2,798,127 2,845,824Available-for-Sale Securities, at fair value(Notes 3 and 15) 5,564,330 16,714 5,533,558 721Investments in Bonds and Other Debt Instruments,at amortized cost (Notes 3, 11, 15 and 22) 52,058,189 47,035,423 50,388,865 45,443,431Receivables from Customers - net(Notes 4, 15 and 25) 137,825,503 120,974,184 121,222,365 106,849,913Property and EquipmentAt cost - net (Note 5) 8,030,649 8,219,119 7,421,915 7,624,271At appraised value (Note 5) 5,333,324 5,373,121 5,199,348 5,238,711Equity Investments - net (Note 6) 2,281,688 2,513,157 11,261,651 11,958,564Real and Other Properties Owned orAcquired - net (Notes 7, 27 and 28) 15,646,793 16,836,710 14,210,188 15,588,301Goodwill - net (Note 8) 15,240,494 15,680,124 15,240,494 15,680,124Other Resources - net (Notes 9 and 25) 30,083,036 26,427,813 26,106,222 24,166,838P=309,974,088 P=290,751,332 P=294,711,122 P=278,410,027LIABILITIES AND CAPITAL FUNDSLiabilitiesDeposit Liabilities (Notes 11, 15 and 25) P=193,520,339 P=186,044,202 P=189,573,098 P=183,305,312Bills Payable (Notes 12 and 15) 23,999,856 29,559,796 22,424,463 27,372,778Due to Bangko Sentral ng Pilipinas (Note 15) 131,400 114,190 128,027 109,316Outstanding Acceptances (Note 15) 7,602,316 1,183,372 7,602,316 1,183,372Margin Deposits (Note 15) 152,578 188,104 152,578 188,104Manager’s Checks and Demand DraftsOutstanding (Note 15) 882,145 943,299 862,072 902,849Accrued Interest Payable (Note 15) 552,409 958,948 428,931 929,534Accrued Taxes and Other Expenses (Note 15) 1,414,808 1,145,100 817,258 765,589Subordinated Debt (Notes 13 and 15) 11,243,700 11,087,357 11,243,700 11,087,357Other Liabilities (Note 14) 28,131,941 19,143,600 20,120,457 13,038,850267,631,492 250,367,968 253,352,900 238,883,061Minority Interest in Equity of ConsolidatedSubsidiaries 984,374 856,398 – –Capital FundsCommon Stock (Note 16) 7,270,033 7,270,033 7,270,033 7,270,033Capital Paid in Excess of Par Value 37,395,672 37,395,672 37,395,672 37,395,672Surplus Reserve (Note 22) 510,356 451,977 510,356 451,977Surplus (Notes 16 and 22) 2,374,702 606,381 2,374,702 606,381Parent Company Shares Held by a Subsidiary(Note 16) (7,466,950) (7,467,336) (7,466,950) (7,467,336)Net Unrealized Loss on Available-for-SaleSecurities (Note 3) (5,979) (980) (5,979) (980)Equity in Net Unrealized Loss on Available-for-Sale Securities of a Subsidiary (Notes 3 and 6) (48,581) (63,374) (48,581) (63,374)Equity in Revaluation Increment on Land of aSubsidiary (Note 6) 17,914 13,450 17,914 13,450Revaluation Increment on Property - net (Note 5) 1,311,055 1,321,143 1,311,055 1,321,14341,358,222 39,526,966 41,358,222 39,526,966P=309,974,088 P=290,751,332 P=294,711,122 P=278,410,027See accompanying Notes to Financial Statements.