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-277

3. BIR Tax Identification No.

000-060-741-000

4. Exact name of issuer as specified in its charter

SAN MIGUEL CORPORATION

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

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

No. 40 San Miguel Avenue, Mandaluyong City, Metro Manila, Philippines Postal Code 1550

8. Issuer's telephone number, including area code

(632) 632-3000

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
SMC	2,378,524,978
SMCP1	279,406,667
SMC2A	721,012,400
SMC2B	90,428,200
SMC2C	255,559,400

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, Series "1" and Series "2"

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.

San Miguel CorporationSMC

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)	In Million PhP

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Jun 30, 2015	Dec 31, 2014
Current Assets	489,325	539,235
Total Assets	1,245,683	1,217,050
Current Liabilities	348,078	354,411
Total Liabilities	845,992	827,569
Retained Earnings/(Deficit)	177,737	171,743
Stockholders' Equity	399,691	389,481
Stockholders' Equity - Parent	266,579	240,462
Book Value per Share	69.62	67.46

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Operating Revenue	179,612	210,032	338,783	404,943
Other Revenue	1,019	1,520	2,242	2,320
Gross Revenue	180,631	211,552	341,025	407,263
Operating Expense	155,475	192,442	298,093	371,765
Other Expense	9,512	3,004	17,902	11,650
Gross Expense	164,987	195,446	315,995	383,415
Net Income/(Loss) Before Tax	15,644	16,106	25,030	23,848
Income Tax Expense	4,757	3,714	8,108	5,440
Net Income/(Loss) After Tax	10,887	12,392	16,922	18,408
Net Income Attributable to Parent Equity Holder	6,329	9,867	8,647	12,021
Earnings/(Loss) Per Share (Basic)	1.92	3.51	2.25	3.77
Earnings/(Loss) Per Share (Diluted)	1.9	3.49	2.23	3.75

Other Relevant Information
None