2011 Annual Report Financial Supplements - BDO

Movements in net deferred tax assets for the year ended December 31 follows:BDO Unibank GroupStatements of Income2011 2010 2009Lease income differential P 1 P 31 P 169Allowance for impairment ( 12)( 24) 34Capitalized interest ( 2)( 2) ( 2)Unamortized past service costs ( 13)( 240) 56NOLCO ( 34) - 50Others 177 314 ( 156)Deferred Tax Expense P 117 P 79 P 151Parent BankUnamortized past service costs (P 16)(P 241) P 56Allowance for impairment - 1 22Capitalized interest ( 2)( 2) ( 2)NOLCO - - 11Others 139 301 -Deferred Tax Expense P 121 P 59 P 87Statements of Comprehensive IncomeBDO Unibank GroupParent Bank2011 2010 2011 2010Movements in fair valueof AFS securities P 2 P 29 P - P -Movements in revaluationincrement ( 20) ( 6)( 20)( 6)Deferred Tax Expense (Income) (P 18) P 23 (P 20)(P 6)BDO Unibank Group is subject to MCIT, which is computed at 2% of gross income, asdefined under tax regulations or RCIT, whichever is higher.The breakdown of NOLCO with the corresponding validity periods follows:BDO UnibankYear Group Parent Bank Valid Until2011 P 301 P - 20142010 6 - 20132009 39 - 2012In 2011 and 2010, NOLCO amounting to P383 and P4,534, respectively, were applied by theParent Bank.www.bdo.com.ph 135