November 4, 2014

Ms Janet A. Encarnacion
Head, Disclosure Department
Philippine Stock Exchange Inc.
4F Philippine Stock Exchange Center
Exchange Road, Ortigas Center
Pasig City
Dear Ms. Encarnacion,
We are pleased to furnish your good office with a copy of China Banking Corporations Balance
Sheets as of September 30, 2014.
Thank you.
Very truly yours,

Alexander C. Escucha
Senior Vice President
Corporate Information Officer

CHINA BANKING CORPORATION

8745 Paseo de Roxas corner Villar St., Makati City, Philippines 1226
Tel. No: 885-5555 Fax No: 815-3169
www.chinabank.ph

www.chinabank.ph
CHINA BANKING CORPORATION
8745 Paseo de Roxas corner Villar St., Makati City

BALANCE SHEET
(Head Office and Branches)

As of Sept. 30, 2014

As of June 30, 2014
Cash and Cash Items
P
5,757,843,623.15 P
5,777,527,925.30
Due from Bangko Sentral ng Pilipinas
70,400,480,677.09
71,318,900,329.23
Due from Other Banks
6,529,500,911.66
18,190,505,307.95
Financial Assets at Fair Value through Profit or Loss
8,200,584,310.41
7,689,777,175.61
Available-for-Sale Financial Assets-Net
39,081,036,910.43
37,880,746,611.44
Held-to-Maturity (HTM) Financial Assets-Net
11,408,797,833.75
11,114,748,769.47
Unquoted Debt Securities Classified as Loans-Net
2,000,161,288.43
2,038,804,988.15
Investments in Non-Marketable Equity Security-Net
19,412,705.00
19,412,705.00
Loans and Receivables - Net
227,297,530,581.32 217,468,707,661.90

Loans to Bangko Sentral ng Pilipinas
0.00
0.00

Interbank Loans Receivable
0.00
0.00

Loans and Receivables - Others
230,207,754,262.77 220,294,181,905.20

Loans and Receivables Arising from RA/CA/PR/SLB
0.00
0.00

General Loan Loss Provision
2,910,223,681.45
2,825,474,243.30
Other Financial Assets
2,255,699,814.91
2,295,336,453.96
Equity Investment in Subsidiaries, Associates and Joint Ventures-Net
4,214,310,321.58
3,949,692,572.95
Bank Premises, Furniture, Fixture and Equipment-Net
3,063,454,137.74
2,954,307,222.11
Real and Other Properties Acquired-Net
1,109,894,970.25
1,192,450,012.78
Non-Current Assets Held for Sale
0.00
0.00
Other Assets-Net
7,719,206,588.89
7,521,693,767.03
TOTAL ASSETS
P 389,057,914,674.61
P 389,412,611,502.88

CONSOLIDATED BALANCE SHEET

(Bank and Financial Subsidiaries)

ASSETS

LIABILITIES
Financial Liabilities at Fair Value through Profit or Loss
P
444,006,660.91
P
235,039,841.05
Deposit Liabilities
326,510,743,935.77 328,069,813,167.80
Due to Other Banks
4,006,526.09
14,990,229.73
Bills Payable
4,299,913,453.09
4,185,625,134.38

a) BSP (Rediscounting and Other Advances)
0.00
0.00

b) Interbank Loans Payable
4,285,842,983.56
4,168,847,826.90

c) Other Deposit Substitute
0.00
0.00

d) Others
14,070,469.53
16,777,307.48
Bonds Payable-Net
0.00
0.00
Unsecured Subordinated Debt-Net
0.00
0.00
Redeemable Preferred Shares
0.00
0.00
Special Time Deposit
0.00
0.00
Due to Bangko Sentral ng Pilipinas
0.00
0.00
Other Financial Liabilities
1,818,939,561.16
2,058,218,469.28
Other Liabilities
5,473,503,605.15
3,487,062,167.67
TOTAL LIABILITIES
P 338,551,113,742.17
P 338,050,749,009.91

Stockholders Equity
Capital Stock
P 22,884,831,846.47
P
22,898,474,891.83
Other Capital Accounts
4,491,075,356.00
2,469,631,883.53
Retained Earnings
23,130,893,729.97
25,993,755,717.61
Assigned Capital
0.00
0.00
TOTAL STOCKHOLDERS EQUITY
50,506,800,932.44
51,361,862,492.97
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
P 389,057,914,674.61 389,412,611,502.88

CONTINGENT ACCOUNTS
Guarantees Issued
P 0.00
P 0.00
Financial Standby Letters of Credit
0.00
0.00
Performance Standby Letters of Credit
15,557,174,019.41
15,986,105,798.49
Commercial Letters of Credit
5,463,259,315.00
5,155,218,221.27
Trade Related Guarantees
400,226,558.29
305,666,324.09
Commitments
0.00
0.00
Spot Foreign Exchange Contracts
8,976,520,000.00
4,823,922,619.04
Securities Held Under Custodianship by Bank Proper
0.00
0.00
Trust Department Accounts
61,301,720,036.90
56,930,211,111.80

a) Trust and Other Fiduciary Accounts
32,578,910,449.57
28,874,747,842.03

b) Agency Accounts
28,722,809,587.33
28,055,463,269.77

c) Advisory/Consultancy
0.00
0.00
Derivatives
53,833,604,345.48
51,151,347,608.21
Others
3,631,458,450.10
3,996,719,522.46
TOTAL CONTINGENT ACCOUNTS
P 149,163,962,725.18
P 138,349,191,205.36

ADDITIONAL INFORMATION
Gross total loan portfolio (TLP)
P
234,042,753,696.28
P 224,216,022,806.91
Specific allowance for credit losses on the TLP
3,834,999,433.51
3,921,840,901.71
Non-Performing Loans (NPLs)


a. Gross NPLs
P
4,415,291,462.72
P
4,241,788,759.14

b. Ratio of gross NPLs to gross TLP (%)
1.89
1.89

c. Net NPLs
P
580,292,029.21
P
319,947,857.43

d. Ratio of Net NPLs to gross TLP (%)
0.25
0.14
Classified Loans & Other Risk Assets, gross of allowance for credit losses
P
12,577,915,123.54
P
12,595,174,805.30
DOSRI Loans and receivables, gross of allowance for credit losses
6,671,689,854.97
6,620,140,131.55
Ratio of DOSRI loans and receivables, gross of allowance for

credit losses, to gross TLP (%)
2.85
2.95
Gross non-performing DOSRI loans and receivables
P
173,556.19
P 134,386.04
Ratio of gross non-performing DOSRI loans and receivables to TLP (%)
0.00
0.00
Percent Compliance with Magna Carta (%)

a. 8% for Micro and Small Enterprises
3.22
3.28

b. 2% for Medium Enterprises
9.39
9.19
Return on Equity (ROE) (%)
9.45
9.82
Capital Adequacy Ratio (CAR) on Solo Basis, as prescribed under existing regulations

a. Total CAR (%)
16.32
17.04

b. Tier 1 Ratio (%)
15.40
16.13

c. Common Tier 1 Ratio (%)1/
15.40
16.13
Deferred Charges not yet Written Down
0.00
0.00
Unbooked Allowance for Credit Losses on Financial Instruments Received
0.00
0.00

1/ Common Equity Tier 1 is only applicable to all Universal and Commercial Banks and their subsidiary banks.

Republic of the Philippines } S. S.
City of Makati


We, DELIA MARQUEZ and RICARDO R. CHUA of the above-mentioned bank, do solemnly swear that all matters set forth in the above Balance Sheet are true and
correct to the best of our knowledge and belief.


(Sgd.) DELIA MARQUEZ
(Sgd.) RICARDO R. CHUA

Vice President
President & CEO

SUBSCRIBED AND SWORN to before me this Oct. 27, 2014 at Makati City, affiants exhibiting their Social Security System Numbers 03-7205726-0 and 03-2416389-8,
respectively.

(Sgd.) ALVIN A. QUINTANILLA
Doc. No. 39
Notary Public for Makati City
Page No.
9
Appt. No. M-173 until December 2015
Book No. 33
4/F Philcom Building,
Series of 2014
8755 Paseo de Roxas, Makati City

PTR No. 4234463; 01.10.14; Makati City

IBP No. 945839; 12.12.13; Cavite

Roll of Attorneys No. 40925

ASSETS
As of Sept. 30, 2014
As of June 30, 2014
Cash and Cash Items
P
6,551,970,028.54
P
6,551,669,786.29
Due from Bangko Sentral ng Pilipinas
79,602,067,593.30
81,974,917,242.44
Due from Other Banks
8,759,336,023.98
20,431,015,651.55
Financial Assets at Fair Value through Profit or Loss
9,592,812,174.76
9,278,440,442.97
Available-for-Sale Financial Assets-Net
40,106,615,493.94
38,911,112,725.40
Held-to-Maturity (HTM) Financial Assets-Net
12,062,804,967.39
11,756,900,574.08
Unquoted Debt Securities Classified as Loans-Net
2,340,386,044.60
2,379,029,744.32
Investments in Non-Marketable Equity Security-Net
28,345,603.54
28,345,603.54
Loans and Receivables - Net
270,167,536,639.07
259,874,551,497.70

Loans to Bangko Sentral ng Pilipinas
0.00
0.00

Interbank Loans Receivable
264,148,815.56
573,893,002.48

Loans and Receivables - Others
273,202,767,176.89
262,510,556,347.54

Loans and Receivables Arising from RA/CA/PR/SLB
0.00
0.00

General Loan Loss Provision
3,299,379,353.38
3,209,897,852.32
Other Financial Assets
3,482,415,820.46
3,573,892,720.83
Equity Investment in Subsidiaries, Associates and Joint Ventures-Net
476,229,756.12
546,555,305.40
Bank Premises, Furniture, Fixture and Equipment-Net
5,004,510,012.18
4,922,276,631.36
Real and Other Properties Acquired-Net
3,381,918,368.77
3,241,066,226.77
Non-Current Assets Held for Sale
50,777,098.11
23,071,318.21
Other Assets-Net
12,452,980,944.94
11,569,383,942.17
TOTAL ASSETS
P 454,060,706,569.70
P 455,062,229,413.03

LIABILITIES
Financial Liabilities at Fair Value through Profit or Loss
P
444,006,660.91
P
235,039,841.05
Deposit Liabilities
385,356,242,163.58
387,805,925,634.45
Due to Other Banks
4,006,526.09
14,990,229.73
Bills Payable
5,606,426,988.08
5,706,448,833.23

a) BSP (Rediscounting and Other Advances)
0.00
10,948,354.49

b) Interbank Loans Payable
4,285,842,983.56
4,168,847,826.90

c) Other Deposit Substitute
0.00
0.00

d) Others
1,320,584,004.52
1,526,652,651.84
Bonds Payable-Net
0.00
0.00
Unsecured Subordinated Debt-Net
1,699,351,097.77
1,698,702,195.34
Redeemable Preferred Shares
0.00
0.00
Special Time Deposit
0.00
0.00
Due to Bangko Sentral ng Pilipinas
0.00
0.00
Other Financial Liabilities
2,289,886,462.46
2,482,181,822.56
Other Liabilities
7,379,177,791.16
4,645,666,795.04
TOTAL LIABILITIES
P 402,779,097,690.05
P 402,588,955,351.40
Stockholders Equity
Capital Stock
P 22,884,831,846.47 P
22,898,474,891.83
Other Capital Accounts
5,130,016,771.92
3,345,428,319.50
Retained Earnings
22,854,185,984.62
26,005,156,298.93
Assigned Capital
0.00
0.00
Minority Interest in Subsidiaries
412,574,276.63
224,214,551.37
TOTAL STOCKHOLDERS EQUITY
51,281,608,879.65
52,473,274,061.63
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
P 454,060,706,569.70
P 455,062,229,413.03
CONTINGENT ACCOUNTS
Guarantees Issued
P 0.00
P 0.00
Financial Standby Letters of Credit
0.00
0.00
Performance Standby Letters of Credit
15,923,025,452.61
16,290,951,605.19
Commercial Letters of Credit
5,463,259,315.00
5,155,218,221.27
Trade Related Guarantees
400,226,558.29
305,666,324.09
Commitments
2,547,207,397.76
2,659,455,983.82
Spot Foreign Exchange Contracts
8,981,009,000.00
4,823,922,619.04
Securities Held Under Custodianship by Bank Proper
0.00
0.00
Trust Department Accounts
67,329,944,566.62
62,871,861,277.29

a) Trust and Other Fiduciary Accounts
34,815,199,242.52
31,163,324,193.89

b) Agency Accounts
32,514,745,324.10
31,708,537,083.40

c) Advisory/Consultancy
0.00
0.00
Derivatives
53,833,604,345.48
51,151,347,608.21
Others
3,686,872,658.69
4,093,089,970.45
TOTAL CONTINGENT ACCOUNTS
P 158,165,149,294.45
P 147,351,513,609.36
ADDITIONAL INFORMATION

1. List of Financial Allied Subsidiaries (excluding Subsidiary
Insurance Companies)
1 China Bank Savings, Inc.
2 Planters Development Bank
3 CBC Forex

2. List of Subsidiary-Insurance Companies


3. Capital Adequacy Ratio (CAR) on Consolidated Basis, as prescribed under
existing regulations

a. Total CAR (%)
14.90
16.24
b. Tier 1 Ratio (%)
13.98
14.78
c. Common Equity Tier 1 Ratio (%)1/
13.98
14.78
1/ Common Equity Tier 1 is only applicable to all Universal and Commercial Banks and their subsidiary banks.
Republic of the Philippines } S. S.
City of Makati


We, DELIA MARQUEZ and RICARDO R. CHUA of the above-mentioned bank, do solemnly swear that all matters set forth in the above Consolidated Balance
Sheet are true and correct to the best of our knowledge and belief.


(Sgd.) DELIA MARQUEZ
(Sgd.) RICARDO R. CHUA

Vice President
President & CEO

SUBSCRIBED AND SWORN to before me this Oct 27, 2014 at Makati City, affiants exhibiting their Social Security System Numbers 03-7205726-0 and 03-2416389-8,
respectively.

Doc. No. 36
Page No.
9
Book No. 33
Series of 2014

Your success is our business

MEMBER: BancNet & PDIC (Maximum Deposit Insurance for Each Depositor P 500,000.00)

(Sgd.) ALVIN A. QUINTANILLA

Notary Public for Makati City
Appt. No. M-173 until December 2015
4/F Philcom Building,
8755 Paseo de Roxas, Makati City
PTR No. 4234463; 01.10.14; Makati City
IBP No. 945839; 12.12.13; Cavite
Roll of Attorneys No. 40925