CR02719-2015

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
A-1997-18963
3. BIR Tax Identification No.
005-011-651-000
4. Exact name of issuer as specified in its charter
ASIA UNITED BANK CORPORATION
5. Province, country or other jurisdiction of incorporation or organization
Pasig City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Joy-Nostalg Center No. 17 ADB Avenue, Ortigas Center, Pasig City Postal Code 1600
8. Issuer's telephone number, including area code
(632) 631-3333 / (632) 638-6888
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 323,540,360
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 Stock
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

7,768,612,710.00
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
No
(b) Any information statement filed pursuant to SRC Rule 20
No
(c) Any prospectus filed pursuant to SRC Rule 8.1
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.

Asia United Bank CorporationAUB

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) Php
Balance Sheet
Year Ending Previous Year Ending
Dec 31, 2014 Dec 31, 2013
Current Assets 115,494,501,767 98,266,176,129
Total Assets 124,793,029,282 105,045,933,453
Current Liabilities 101,511,345,197 82,279,443,113
Total Liabilities 104,600,240,577 86,993,722,082
Retained
Earnings/(Deficit)
11,625,325,710 9,989,800,874
Stockholders' Equity 20,192,788,705 18,052,211,371
Stockholders' Equity - Parent 19,957,802,306 17,911,380,680
Book Value per Share 61.98 55.36
Income Statement
Year Ending Previous Year Ending
Dec 31, 2014 Dec 31, 2013
Operating Revenue 4,139,190,336 2,878,534,946
Other Revenue 2,131,622,425 1,633,987,410
Gross Revenue 6,270,812,761 4,512,522,356
Operating Expense 4,342,629,365 2,867,882,766
Other Expense - -
Gross Expense - -
Net Income/(Loss) Before Tax 1,928,183,396 1,644,639,590
Income Tax Expense 239,191,395 169,633,768
Net Income/(Loss) After Tax 1,688,992,001 1,475,005,822
Net Income/(Loss) Attributable to Parent Equity Holder 1,681,499,616 1,459,234,942
Earnings/(Loss) Per Share (Basic) 5.2 5.05
Earnings/(Loss) Per Share (Diluted) 5.2 5.05
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 113.77 119.43
Quick Ratio (Current Assets - Inventory - Prepayments) / Current Liabilities 113.77 119.43
Solvency Ratio Total Assets / Total Liabilities 119.3 120.75
Financial Leverage Ratios
Debt Ratio Total Debt/Total Assets 83.82 82.81
Debt-to-Equity Ratio Total Debt/Total Stockholders' Equity 518.01 481.9
Interest Coverage Earnings Before Interest and Taxes (EBIT) / Interest Charges 282.38 297.67
Asset to Equity Ratio Total Assets / Total Stockholders' Equity 618.01 581.9
Profitability Ratios
Gross Profit Margin Sales - Cost of Goods Sold or Cost of Service / Sales - -
Net Profit Margin Net Profit / Sales 4.57 4.21
Return on Assets Net Income / Total Assets 1.47 1.73
Return on Equity Net Income / Total Stockholders' Equity 8.83 9.96
Price/Earnings Ratio Price Per Share / Earnings Per Common Share 13.27 13.49
Other Relevant Information

o On April 15, 2015. AUB filed a request for extension to file SEC Form 17-A with the SEC and PSE. AUB undertook to submit the report on or before April 30, 2015.
o On April 16, 2015, AUB submitted to the SEC its SEC 17-A for 2014, together with the consolidated ACGR with 2014 updates, the Audited Financial Statements for 2014 and 2013, and the SEC Supplementary Schedules as of December 31, 2014.

Filed on behalf by:
Name Elizabeth Miranda
Designation Head - Corporate Planning and Investor Relations