CR03425-2015

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
A1998-18260
3. BIR Tax Identification No.
202-464-633
4. Exact name of issuer as specified in its charter
First Gen Corporation
5. Province, country or other jurisdiction of incorporation or organization
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
3rd Floor Benpres Building Exchange Road cor Meralco Ave Pasig City Philippines Postal Code 1600
8. Issuer's telephone number, including area code
632 449 6400
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 3,363,913,757
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:
The company's common shares and Series F and G preferred shares are listed with the Philippine Stock Exchange, Inc.
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.

First Gen CorporationFGEN

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) USD (in thousands)
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Mar 31, 2015 Dec 31, 2015
Current Assets 1,603,366 1,219,225
Total Assets 5,796,797 5,287,275
Current Liabilities 808,301 728,699
Total Liabilities 3,689,559 3,374,669
Retained
Earnings/(Deficit)
787,985 737,525
Stockholders' Equity 2,107,238 1,912,606
Stockholders' Equity - Parent 1,695,635 1,498,081
Book Value per Share 0.48 0.45
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 500,009 457,013 500,009 457,013
Other Revenue 4,981 6,732 4,981 6,732
Gross Revenue 504,990 463,745 504,990 463,745
Operating Expense 360,109 332,312 360,109 332,312
Other Expense 46,181 46,391 46,181 46,391
Gross Expense 406,290 378,703 406,290 378,703
Net Income/(Loss) Before Tax 98,700 85,042 98,700 85,042
Income Tax Expense 21,805 17,774 21,805 17,774
Net Income/(Loss) After Tax 76,895 67,268 76,895 67,268
Net Income Attributable to
Parent Equity Holder
50,460 42,874 50,460 42,874
Earnings/(Loss) Per Share
(Basic)
0.01 0.01 0.01 0.01
Earnings/(Loss) Per Share
(Diluted)
0.01 0.01 0.01 0.01
Other Relevant Information

Please see attached report on SEC Form 17-Q.

Filed on behalf by:
Name Rachel Hernandez
Designation Vice President and Corporate Secretary