9. Former name or former address, and former fiscal year, if changed since last report
-
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
2,640,164,352
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
10,651,267,297.60
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
-
(b) Any information statement filed pursuant to SRC Rule 20
-
(c) Any prospectus filed pursuant to SRC Rule 8.1
-
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.
Victorias Milling Company, Inc.VMC
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
Aug 31, 2014
Currency (indicate units, if applicable)
Philippine Peso
Balance Sheet
Year Ending
Previous Year Ending
Aug 31, 2014
Aug 31, 2013
Current Assets
1,808,205,000
1,754,325,000
Total Assets
7,409,820,000
7,188,983,000
Current Liabilities
1,036,395,000
414,693,000
Total Liabilities
2,591,860,000
4,384,945,000
Retained Earnings/(Deficit)
738,191,000
-212,071,000
Stockholders' Equity
4,817,960,000
2,804,038,000
Stockholders' Equity - Parent
4,801,485,000
2,804,038,000
Book Value per Share
2.04
1.22
Income Statement
Year Ending
Previous Year Ending
Aug 31, 2014
Aug 31, 2014
Operating Revenue
5,009,814,000
4,414,390,000
Other Revenue
31,000,000
818,264,000
Gross Revenue
5,040,814,000
5,232,654,000
Operating Expense
3,674,166,000
3,782,150,000
Other Expense
290,300,000
344,186,000
Gross Expense
3,964,466,000
4,126,336,000
Net Income/(Loss) Before Tax
1,076,348,000
1,106,318,000
Income Tax Expense
149,457,000
387,003,000
Net Income/(Loss) After Tax
926,891,000
719,315,000
Net Income/(Loss) Attributable to Parent Equity Holder
926,046,000
719,315,000
Earnings/(Loss) Per Share (Basic)
0.4
0.33
Earnings/(Loss) Per Share (Diluted)
0.32
0.23
Financial Ratios
Formula
Fiscal Year Ended
Previous Fiscal Year
Aug 31, 2014
Aug 31, 2013
Liquidity Analysis Ratios:
Current Ratio or Working Capital Ratio
Current Assets / Current Liabilities
1.74
4.23
Quick Ratio
(Current Assets - Inventory - Prepayments) / Current Liabilities
1.49
3.27
Solvency Ratio
Total Assets / Total Liabilities
2.86
1.64
Financial Leverage Ratios
Debt Ratio
Total Debt/Total Assets
0.35
0.61
Debt-to-Equity Ratio
Total Debt/Total Stockholders' Equity
0.54
1.56
Interest Coverage
Earnings Before Interest and Taxes (EBIT) / Interest Charges
5.67
4.74
Asset to Equity Ratio
Total Assets / Total Stockholders' Equity
1.54
2.56
Profitability Ratios
Gross Profit Margin
Sales - Cost of Goods Sold or Cost of Service / Sales
38.95
36.22
Net Profit Margin
Net Profit / Sales
18.5
16.29
Return on Assets
Net Income / Total Assets
12.51
10.01
Return on Equity
Net Income / Total Stockholders' Equity
19.24
25.65
Price/Earnings Ratio
Price Per Share / Earnings Per Common Share
11.28
4.85
Other Relevant Information
Pursuant to the advice of SEC in order to comply with the SEC Advisory dated March 12, 2015, which directed all publicly-listed companies (PLCs) to submit to it and PSE their Annual Corporate Governance Report (ACGR) for 2014 together with the 2014 Annual Report (SEC Form 17-A) in view of the coming 2014-2015 ASEAN Corporate Governance Scorecard Assessment, Hence, VMC re-submitted its SEC Form 17-A for 2014 to SEC and attached thereto its 2014 ACGR with Consolidated Changes, and hereby furnishing copy of the same to PSE.
Said SEC Form 17-A and ACGR of VMC were duly submitted to SEC and PSE on September 9, 2014 and December 29, 2014, respectively.