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
34001
3. BIR Tax Identification No.
000-708-174-000
4. Exact name of issuer as specified in its charter
BDO UNIBANK, INC.
5. Province, country or other jurisdiction of incorporation or organization
Metro Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
BDO Corporate Center, 7899 Makati Ave., Makati CityPostal Code0726
8. Issuer's telephone number, including area code
(632) 840-7000/702-6000
9. Former name or former address, and former fiscal year, if changed since last report
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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
3,580,875,328
Preferred
515,000,000
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:
Philippine Stock Exchange
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
Php 198,841,874,126.30 at Php123.70/share (as of March 31, 2015)
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
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(b) Any information statement filed pursuant to SRC Rule 20
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(c) Any prospectus filed pursuant to SRC Rule 8.1
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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.
BDO Unibank, Inc.BDO
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 (in Millions)
Balance Sheet
Year Ending
Previous Year Ending
Dec 31, 2014
Dec 31, 2013
Current Assets
-
-
Total Assets
1,863,649
1,672,778
Current Liabilities
-
-
Total Liabilities
1,683,980
1,508,424
Retained Earnings/(Deficit)
70,242
55,756
Stockholders' Equity
179,669
164,354
Stockholders' Equity - Parent
179,036
163,711
Book Value per Share
48.56
44.28
Income Statement
Year Ending
Previous Year Ending
Dec 31, 2014
Dec 31, 2013
Operating Revenue
63,583
56,606
Other Revenue
29,487
31,844
Gross Revenue
93,070
88,450
Operating Expense
60,888
56,699
Other Expense
5,114
7,001
Gross Expense
66,002
63,700
Net Income/(Loss) Before Tax
27,068
24,750
Income Tax Expense
4,240
2,104
Net Income/(Loss) After Tax
22,828
22,646
Net Income/(Loss) Attributable to Parent Equity Holder
22,805
22,608
Earnings/(Loss) Per Share (Basic)
6.27
6.22
Earnings/(Loss) Per Share (Diluted)
6.27
6.18
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
-
-
Quick Ratio
(Current Assets - Inventory - Prepayments) / Current Liabilities
-
-
Solvency Ratio
Total Assets / Total Liabilities
110.7
110.9
Financial Leverage Ratios
Debt Ratio
Total Debt/Total Assets
90.4
90.2
Debt-to-Equity Ratio
Total Debt/Total Stockholders' Equity
937.3
917.8
Interest Coverage
Earnings Before Interest and Taxes (EBIT) / Interest Charges
319
284.2
Asset to Equity Ratio
Total Assets / Total Stockholders' Equity
1,037.3
1,017.
Profitability Ratios
Gross Profit Margin
Sales - Cost of Goods Sold or Cost of Service / Sales
80.6
76.3
Net Profit Margin
Net Profit / Sales
24.5
25.6
Return on Assets
Net Income / Total Assets
1.2
1.6
Return on Equity
Net Income / Total Stockholders' Equity
12.7
14.2
Price/Earnings Ratio
Price Per Share / Earnings Per Common Share
17.51
11.03
Other Relevant Information
No changes were made to the Annual Report and its attachment save for replacing the hard-to-read portion of the Audited Financial Statement with clearer and more reader-friendly pages.