SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-A, AS AMENDED
ANNUAL REPORT PURSUANT TO SECTION 17 OF THE SECURITIES REGULATION CODE AND SECTION 141 OF THE CORPORATION CODE OF THE PHILIPPINES
1. For the fiscal year ended
Dec 31, 2014
2. SEC Identification Number
152747
3. BIR Tax Identification No.
000-153-790-000
4. Exact name of issuer as specified in its charter
AYALA LAND, INC
5. Province, country or other jurisdiction of incorporation or organization
MAKATI, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
30F Tower One and Exchange Plaza, Ayala Triangle, Ayala Avenue PhilippinesPostal Code1226
8. Issuer's telephone number, including area code
(632) 750-6974
9. Former name or former address, and former fiscal year, if changed since last report
Not applicable
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
14,190,488,638
Voting Preferred
13,066,494,759
Amount of Debt Outstanding
46,969,410,000
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:
A total of 14,190,488,638 are listed with the Philippine Stock exchange as of December 31, 2014.
12. Check whether the issuer:
(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17.1 thereunder or Section 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
13. State the aggregate market value of the voting stock held by non-affiliates of the registrant. The aggregate market value shall be computed by reference to the price at which the stock was sold, or the average bid and asked prices of such stock, as of a specified date within sixty (60) days prior to the date of filing. If a determination as to whether a particular person or entity is an affiliate cannot be made without involving unreasonable effort and expense, the aggregate market value of the common stock held by non-affiliates may be calculated on the basis of assumptions reasonable under the circumstances, provided the assumptions are set forth in this Form
P244.6 billion (as of end-2014)
APPLICABLE ONLY TO ISSUERS INVOLVED IN INSOLVENCY SUSPENSION OF PAYMENTS PROCEEDINGS DURING THE PRECEDING FIVE YEARS
14. Check whether the issuer has filed all documents and reports required to be filed by Section 17 of the Code subsequent to the distribution of securities under a plan confirmed by a court or the Commission.
Yes
No
DOCUMENTS INCORPORATED BY REFERENCE
15. If any of the following documents are incorporated by reference, briefly describe them and identify the part of SEC Form 17-A into which the document is incorporated:
(a) Any annual report to security holders
2014 Consolidated FS of Ayala Land and Subsidiaries
(b) Any information statement filed pursuant to SRC Rule 20
not applicable
(c) Any prospectus filed pursuant to SRC Rule 8.1
not applicable
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.
Ayala Land, Inc.ALI
PSE Disclosure Form 17-1 - Annual Report References: SRC Rule 17 and Sections 17.2 and 17.8 of the Revised Disclosure Rules
For the fiscal year ended
Dec 31, 2014
Currency (indicate units, if applicable)
in thousand Pesos
Balance Sheet
Year Ending
Previous Year Ending
Dec 31, 2014
Dec 31, 2013
Current Assets
165,634,445
147,126,959
Total Assets
388,944,463
325,473,685
Current Liabilities
135,446,156
101,623,207
Total Liabilities
266,949,005
213,376,119
Retained Earnings/(Deficit)
66,478,250
57,608,700
Stockholders' Equity
121,995,458
112,097,566
Stockholders' Equity - Parent
106,939,836
98,469,775
Book Value per Share
5.56
5.28
Income Statement
Year Ending
Previous Year Ending
Dec 31, 2014
Dec 31, 2014
Operating Revenue
89,027,534
76,337,434
Other Revenue
6,169,512
5,185,636
Gross Revenue
95,197,046
81,523,070
Operating Expense
59,395,613
51,839,186
Other Expense
11,944,646
10,723,821
Gross Expense
71,340,259
62,563,007
Net Income/(Loss) Before Tax
23,856,787
18,960,063
Income Tax Expense
6,142,329
4,655,370
Net Income/(Loss) After Tax
17,714,458
14,304,693
Net Income/(Loss) Attributable to Parent Equity Holder
14,802,642
11,741,764
Earnings/(Loss) Per Share (Basic)
1.05
0.84
Earnings/(Loss) Per Share (Diluted)
1.05
0.83
Financial Ratios
Formula
Fiscal Year Ended
Previous Fiscal Year
Dec 31, 2014
Dec 31, 2013
Liquidity Analysis Ratios:
Current Ratio or Working Capital Ratio
Current Assets / Current Liabilities
1.22
1.45
Quick Ratio
(Current Assets - Inventory - Prepayments) / Current Liabilities
0.87
1.02
Solvency Ratio
Total Assets / Total Liabilities
1.46
1.53
Financial Leverage Ratios
Debt Ratio
Total Debt/Total Assets
0.45
0.3
Debt-to-Equity Ratio
Total Debt/Total Stockholders' Equity
1.02
0.91
Interest Coverage
Earnings Before Interest and Taxes (EBIT) / Interest Charges
5.7
6.5
Asset to Equity Ratio
Total Assets / Total Stockholders' Equity
3.19
2.9
Profitability Ratios
Gross Profit Margin
Sales - Cost of Goods Sold or Cost of Service / Sales