CR03294-2015

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
31171
3. BIR Tax Identification No.
000-168-801
4. Exact name of issuer as specified in its charter
PETRON CORPORATION
5. Province, country or other jurisdiction of incorporation or organization
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
San Miguel Head Office Complex, 40 San Miguel Avenue, Mandaluyong City Postal Code 1550
8. Issuer's telephone number, including area code
(63 2) 886-3888, 884-9200
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 (PCOR) 9,375,104,497
PREFERRED SERIES 2A (PRF2A) 7,122,320
PREFERRED SERIES 2B (PRF2B) 2,877,680
TOTAL DEBT AS OF DECEMBER 31, 2014 (IN MILLIONS) 277,632
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 and Preferred Shares
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.

Petron CorporationPCOR

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) Peso (in Millions)
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Mar 31, 2015 Dec 31, 2014
Current Assets 156,330 219,029
Total Assets 332,013 391,324
Current Liabilities 157,369 202,587
Total Liabilities 232,697 277,632
Retained
Earnings/(Deficit)
38,331 40,815
Stockholders' Equity 99,316 113,692
Stockholders' Equity - Parent 83,382 97,332
Book Value per Share 7.82 8.16
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 86,744 125,174 86,744 125,174
Other Revenue 259 847 259 847
Gross Revenue 87,003 126,021 87,003 126,021
Operating Expense 80,928 118,860 80,928 118,860
Other Expense 5,780 4,126 5,780 4,126
Gross Expense 86,708 122,986 86,708 122,986
Net Income/(Loss) Before Tax 295 3,035 295 3,035
Income Tax Expense 38 810 38 810
Net Income/(Loss) After Tax 257 2,225 257 2,225
Net Income Attributable to
Parent Equity Holder
77 2,261 77 2,261
Earnings/(Loss) Per Share
(Basic)
-0.22 0.05 -0.22 0.05
Earnings/(Loss) Per Share
(Diluted)
- - - -
Other Relevant Information

Please see attached Quarter Report (SEC Form 17-Q) for the 1st Quarter of 2015 filed with the Securities and Exchange Commission on May 14, 2015.

Filed on behalf by:
Name Jhoanna Jasmine Javier-Elacio
Designation Legal Manager and Assistant Corporate Secretary