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

Mar 31, 2015

2. SEC Identification Number

AS094-000088

3. BIR Tax Identification No.

003-058-789

4. Exact name of issuer as specified in its charter

SM PRIME HOLDINGS, INC.

5. Province, country or other jurisdiction of incorporation or organization

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

10th Floor Mall of Asia Arena Annex Building, Coral Way cor. J.W. Diokno Blvd., Mall of Asia Complex, Brgy. 76, Zone 10, CBP-1A, Pasay City, Philippines Postal Code 1300

8. Issuer's telephone number, including area code

(632) 831-1000

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 STOCK, P1 PAR VALUE	28,879,137,294

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. 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.

SM Prime Holdings, Inc.SMPH

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	Mar 31, 2015
Currency (indicate units, if applicable)	Php (in thousands)

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Mar 31, 2015	Dec 31, 2014
Current Assets	115,587,077	105,996,381
Total Assets	402,402,973	388,840,159
Current Liabilities	69,167,996	50,799,205
Total Liabilities	193,734,194	186,601,956
Retained Earnings/(Deficit)	115,752,388	103,121,048
Stockholders' Equity	208,668,779	202,238,203
Stockholders' Equity - Parent	205,764,464	199,087,690
Book Value per Share	7.14	6.9

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Operating Revenue	16,650,299	15,301,691	16,650,299	15,301,691
Other Revenue	7,747,390	149,407	7,747,390	149,407
Gross Revenue	24,397,689	15,451,098	24,397,689	15,451,098
Operating Expense	9,174,830	8,774,031	9,174,830	8,774,031
Other Expense	1,103,678	785,387	1,103,678	785,387
Gross Expense	10,278,508	9,559,418	10,278,508	9,559,418
Net Income/(Loss) Before Tax	14,119,181	5,891,680	14,119,181	5,891,680
Income Tax Expense	1,346,659	1,197,935	1,346,659	1,197,935
Net Income/(Loss) After Tax	12,772,522	4,693,745	12,772,522	4,693,745
Net Income Attributable to Parent Equity Holder	12,631,340	4,578,451	12,631,340	4,578,451
Earnings/(Loss) Per Share (Basic)	0.44	0.17	0.44	0.17
Earnings/(Loss) Per Share (Diluted)	0.44	0.17	0.44	0.17

Other Relevant Information
N/A