CR05513-2022

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended
Jun 30, 2022
2. SEC Identification Number
A200110402
3. BIR Tax Identification No.
213-054-503-000
4. Exact name of issuer as specified in its charter
SBS PHILIPPINES CORPORATION
5. Province, country or other jurisdiction of incorporation or organization
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
10 RESTHAVEN STREET, SAN FRANCISCO DEL MONTE, QUEZON CITY Postal Code 1105
8. Issuer's telephone number, including area code
+632 8371 1111
9. Former name or former address, and former fiscal year, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
COMMON SHARES 1,549,999,999
11. Are any or all of registrant's securities listed on a Stock Exchange?
Yes
No
If yes, state the name of such stock exchange and the classes of securities listed therein:
PHILIPPINE STOCK EXCHANGE COMMON SHARES
12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes
No
(b) has been subject to such filing requirements for the past ninety (90) days
Yes
No

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

SBS Philippines CorporationSBS

PSE Disclosure Form 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended Jun 30, 2022
Currency (indicate units, if applicable) Philippine Peso
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2022 Dec 31, 2021
Current Assets 1,724,427,773 1,616,580,187
Total Assets 8,132,224,131 7,924,457,816
Current Liabilities 1,622,974,166 1,436,006,059
Total Liabilities 1,634,304,444 1,449,814,337
Retained
Earnings/(Deficit)
1,980,291,036 1,949,747,184
Stockholders' Equity 6,497,919,687 6,474,643,479
Stockholders' Equity - Parent 5,773,085,242 5,742,541,390
Book Value per Share 3.72 3.7
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 320,349,763 236,688,318 612,414,759 420,620,094
Gross Expense 231,978,024 185,734,279 459,851,389 335,863,161
Non-Operating Income 0 240,197,562 0 240,197,562
Non-Operating Expense 38,476,158 56,367,541 62,535,678 106,608,376
Income/(Loss) Before Tax 49,895,581 234,784,060 90,027,692 218,346,119
Income Tax Expense 15,264,035 4,896,930 28,001,484 4,901,537
Net Income/(Loss) After Tax 34,631,546 234,292,143 62,026,208 213,444,582
Net Income Attributable to
Parent Equity Holder
38,320,104 197,107,932 69,293,852 181,235,676
Earnings/(Loss) Per Share
(Basic)
0.02 0.13 0.04 0.12
Earnings/(Loss) Per Share
(Diluted)
0.02 0.13 0.04 0.12
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 0.03 0.57
Earnings/(Loss) Per Share (Diluted) 0.03 0.57
Other Relevant Information

The Net Income After Tax for the quarter ended June 30, 2021 of P234,292,143, is inclusive of the Net Profit from continuing operations of Php 229,887,130 and the reversal of Net Loss after tax from discontinued operations recognized in the first quarter of 2021 amounting to Php 4,405,013.

Earnings Per Share (Basic and Diluted) is based on the Net Profit for the period attributable to Shareholders of SBS Philippines Corporation (the Parent Company), divided by the total number of outstanding shares.

Filed on behalf by:
Name JOSE FIDEL ACUNA
Designation CORPORATE INFORMATION OFFICER