CR05432-2015

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
PW-102
3. BIR Tax Identification No.
000-101-528-000
4. Exact name of issuer as specified in its charter
Manila Electric Company
5. Province, country or other jurisdiction of incorporation or organization
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Lopez Building, Ortigas Avenue, Barangay Ugong, Pasig City Postal Code 1605
8. Issuer's telephone number, including area code
(+632) 631-5567
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 Stock 1,127,098,705
Debt Securities - Bonds (in Billion) 18.5
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
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 Electric CompanyMER

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 Million)
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2015 Dec 31, 2014
Current Assets 95,843 112,612
Total Assets 274,874 269,053
Current Liabilities 90,885 83,528
Total Liabilities 192,895 189,579
Retained
Earnings/(Deficit)
63,497 61,319
Stockholders' Equity 81,979 79,474
Stockholders' Equity - Parent 81,441 79,154
Book Value per Share 72.74 70.52
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 69,216 75,675 130,289 129,720
Other Revenue 2,202 1,384 3,719 2,448
Gross Revenue 71,418 77,059 134,008 132,168
Operating Expense 61,664 68,774 117,790 117,964
Other Expense -611 168 -512 314
Gross Expense 61,053 68,942 117,278 118,278
Net Income/(Loss) Before Tax 10,365 8,117 16,730 13,890
Income Tax Expense 3,013 2,468 4,940 4,214
Net Income/(Loss) After Tax 7,352 5,649 11,790 9,676
Net Income Attributable to
Parent Equity Holder
7,326 5,629 11,747 9,637
Earnings/(Loss) Per Share
(Basic)
6.5 4.99 10.42 8.55
Earnings/(Loss) Per Share
(Diluted)
6.5 4.99 10.42 8.55
Other Relevant Information

Please see attached report.

Filed on behalf by:
Name William Pamintuan
Designation First Vice President/ Assistant Corporate Secretary/ Head, Legal & Corporate Governance