CR05053-2015

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
Jun 30, 2015
2. SEC Identification Number
1177
3. BIR Tax Identification No.
000-768-480-000
4. Exact name of issuer as specified in its charter
Globe Telecom, Inc.
5. Province, country or other jurisdiction of incorporation or organization
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
27/F, The Globe Tower, 32nd Street corner 7th Avenue, Bonifacio Global City, Taguig Postal Code 1634
8. Issuer's telephone number, including area code
(02) 797 2000
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 shares 132,740,216
Total debt (in Millions of pesos) 70,281
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, voting and non-voting preferred stock)
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.

Globe Telecom, Inc.GLO

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 Jun 30, 2015
Currency (indicate units, if applicable) Php '000
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2015 Dec 31, 2014
Current Assets 18,222,088 16,756,908
Total Assets 185,053,954 179,506,952
Current Liabilities 61,362,760 60,349,714
Total Liabilities 127,508,642 124,969,286
Retained
Earnings/(Deficit)		 13,796,129 10,852,478
Stockholders' Equity 57,545,312 54,537,666
Stockholders' Equity - Parent 44,484,969 44,478,242
Book Value per Share 352.68 330.03
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 27,609,954 24,465,021 53,829,684 47,695,159
Other Revenue 1,533,918 1,243,348 3,360,122 2,373,339
Gross Revenue 29,143,872 25,708,369 57,189,806 50,068,498
Operating Expense 23,049,580 20,561,872 45,330,359 40,794,997
Other Expense -373,163 -468,301 -655,197 -647,239
Gross Expense 22,676,417 20,093,571 44,675,162 40,147,758
Net Income/(Loss) Before Tax 6,467,455 5,614,798 12,514,644 9,920,740
Income Tax Expense 1,960,876 1,729,040 3,804,832 3,085,989
Net Income/(Loss) After Tax 4,506,579 3,885,758 8,709,812 6,834,751
Net Income Attributable to
Parent Equity Holder		 4,507,651 3,886,245 8,712,253 6,835,891
Earnings/(Loss) Per Share
(Basic)		 33.4 29.24 65.47 51.39
Earnings/(Loss) Per Share
(Diluted)		 33.35 29.16 65.39 51.29
Other Relevant Information

This report contains Management's Discussion and Analysis of Financial Condition and Results of Operations for the six months ended June 30, 2015
Filed on behalf by:
Name Jose Mari Fajardo
Designation Director