CR05363-2015

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
19073
3. BIR Tax Identification No.
000-288-698-000
4. Exact name of issuer as specified in its charter
First Philippine Holdings 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
6th Floor, Benpres Building, Meralco Avenue, corner Exchange Road, Pasig City Postal Code 1600
8. Issuer's telephone number, including area code
(632)-631-8024
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 553,797,460
Preferred Shares 3,600,000
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 registrant's common shares are being traded at the 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.

First Philippine Holdings CorporationFPH

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 (in millions)
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2015 Dec 31, 2014
Current Assets 105,089 105,694
Total Assets 335,477 323,334
Current Liabilities 51,519 54,291
Total Liabilities 211,471 206,686
Retained
Earnings/(Deficit)
74,376 72,400
Stockholders' Equity 124,006 116,648
Stockholders' Equity - Parent 68,672 65,459
Book Value per Share 141.67 135.45
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 22,855 24,743 48,422 47,926
Other Revenue 1,360 1,289 2,144 2,012
Gross Revenue 24,215 26,032 50,566 49,938
Operating Expense 17,516 18,187 36,621 36,136
Other Expense 2,802 2,239 5,253 4,548
Gross Expense 20,318 20,426 41,874 40,684
Net Income/(Loss) Before Tax 3,897 5,606 8,692 9,254
Income Tax Expense 1,009 1,036 2,186 1,947
Net Income/(Loss) After Tax 2,888 4,570 6,506 7,307
Net Income Attributable to
Parent Equity Holder
992 1,505 2,653 2,534
Earnings/(Loss) Per Share
(Basic)
1.75 2.72 4.7 4.58
Earnings/(Loss) Per Share
(Diluted)
1.75 2.71 4.7 4.57
Other Relevant Information

Other expense includes net loss from discontinued operations amounting to PHP 96 million and PHP 215 million for the three months ended June 30, 2015 and 2014, respectively and PHP 168 millon and PHP 339 million for the six months ended June 30, 2015 and 2014, respectively.

Filed on behalf by:
Name Esmeraldo Amistad
Designation Asst. Vice President/Asst. Corporate Secretary