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

A199611593

3. BIR Tax Identification No.

005038428

4. Exact name of issuer as specified in its charter

MANILA WATER COMPANY, INC.

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

Quezon City, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

MWSS Administration Building, 489 Katipunan Road, Balara, Quezon City Postal Code 1105

8. Issuer's telephone number, including area code

(02) 981-8122 / (02) 981-8179

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 Shares	2,053,915,884

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 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.

Manila Water Company, Inc.MWC

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 Amounts in Thousand

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Mar 31, 2015	Dec 31, 2014
Current Assets	9,039,552	9,094,065
Total Assets	75,238,102	74,859,904
Current Liabilities	7,554,931	7,858,163
Total Liabilities	39,587,662	39,758,334
Retained Earnings/(Deficit)	28,636,632	28,202,654
Stockholders' Equity	35,650,440	35,101,570
Stockholders' Equity - Parent	35,007,819	34,508,173
Book Value per Share	16.85	16.66

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Operating Revenue	4,026,174	3,827,385	4,026,174	3,827,385
Other Revenue	846,771	891,615	846,771	891,615
Gross Revenue	4,872,945	4,719,000	4,872,945	4,719,000
Operating Expense	1,852,192	1,693,350	1,852,192	1,693,350
Other Expense	1,069,643	1,202,643	1,069,643	1,202,643
Gross Expense	2,921,835	2,895,993	2,921,835	2,895,993
Net Income/(Loss) Before Tax	1,951,110	1,823,007	1,951,110	1,823,007
Income Tax Expense	467,937	388,597	467,937	388,597
Net Income/(Loss) After Tax	1,483,173	1,434,410	1,483,173	1,434,410
Net Income Attributable to Parent Equity Holder	1,433,949	1,431,327	1,433,949	1,431,327
Earnings/(Loss) Per Share (Basic)	0.55	0.55	0.55	0.55
Earnings/(Loss) Per Share (Diluted)	0.55	0.55	0.55	0.55

Other Relevant Information
None.