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

Sep 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
SMC2B	90,428,200
SMC2C	255,559,400
SMC2D	89,333,400
SMC2E	134,000,100
SMC2F	223,333,500

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:

SMC,SMCP1,SMC2B,SMC2C,SMC2D,SMC2E,SMC2F

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	Sep 30, 2015
Currency (indicate units, if applicable)	In Million Php

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Sep 30, 2015	Dec 31, 2014
Current Assets	456,223	539,235
Total Assets	1,237,014	1,217,050
Current Liabilities	329,508	354,411
Total Liabilities	855,760	827,569
Retained Earnings/(Deficit)	171,770	171,743
Stockholders' Equity	381,254	389,481
Stockholders' Equity - Parent	236,147	240,462
Book Value per Share	65.46	67.46

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Operating Revenue	504,520	593,470	169,668	192,571
Other Revenue	2,875	4,071	633	1,751
Gross Revenue	507,395	597,541	170,301	194,322
Operating Expense	446,389	546,261	152,227	178,540
Other Expense	31,948	21,918	14,046	10,268
Gross Expense	478,337	568,179	166,273	188,808
Net Income/(Loss) Before Tax	29,058	29,362	4,028	5,514
Income Tax Expense	10,113	6,211	2,005	771
Net Income/(Loss) After Tax	18,945	23,151	2,023	4,743
Net Income Attributable to Parent Equity Holder	6,167	13,170	-2,480	1,149
Earnings/(Loss) Per Share (Basic)	0.46	3.61	-1.79	-0.16
Earnings/(Loss) Per Share (Diluted)	0.46	3.59	-1.77	-0.16

Other Relevant Information
None