9. Former name or former address, and former fiscal year, if changed since last report
-
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
2,053,945,884
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, Inc./Common Shares
12. Check whether the issuer:
(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17.1 thereunder or Section 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
13. State the aggregate market value of the voting stock held by non-affiliates of the registrant. The aggregate market value shall be computed by reference to the price at which the stock was sold, or the average bid and asked prices of such stock, as of a specified date within sixty (60) days prior to the date of filing. If a determination as to whether a particular person or entity is an affiliate cannot be made without involving unreasonable effort and expense, the aggregate market value of the common stock held by non-affiliates may be calculated on the basis of assumptions reasonable under the circumstances, provided the assumptions are set forth in this Form
30,932,746,209.00 as of March 31, 2016
APPLICABLE ONLY TO ISSUERS INVOLVED IN INSOLVENCY SUSPENSION OF PAYMENTS PROCEEDINGS DURING THE PRECEDING FIVE YEARS
14. Check whether the issuer has filed all documents and reports required to be filed by Section 17 of the Code subsequent to the distribution of securities under a plan confirmed by a court or the Commission.
Yes
No
DOCUMENTS INCORPORATED BY REFERENCE
15. If any of the following documents are incorporated by reference, briefly describe them and identify the part of SEC Form 17-A into which the document is incorporated:
(a) Any annual report to security holders
Please see Parts I to V of the SEC Form 17-A, including the 2015 Annual Audited Financial Statements
(b) Any information statement filed pursuant to SRC Rule 20
Information Statement was filed separately with the PSE and SEC.
(c) Any prospectus filed pursuant to SRC Rule 8.1
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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 Water Company, Inc.MWC
PSE Disclosure Form 17-1 - Annual Report References: SRC Rule 17 and Sections 17.2 and 17.8 of the Revised Disclosure Rules
For the fiscal year ended
Dec 31, 2015
Currency (indicate units, if applicable)
PhP (Thousands)
Balance Sheet
Year Ending
Previous Year Ending
Dec 31, 2015
Dec 31, 2014
Current Assets
9,948,298
9,094,065
Total Assets
80,608,486
74,859,904
Current Liabilities
12,399,813
7,858,162
Total Liabilities
40,889,493
39,758,334
Retained Earnings/(Deficit)
32,120,481
28,202,654
Stockholders' Equity
39,718,992
35,101,570
Stockholders' Equity - Parent
38,824,717
34,508,173
Book Value per Share
18.71
16.66
Income Statement
Year Ending
Previous Year Ending
Dec 31, 2015
Dec 31, 2014
Operating Revenue
16,935,883
16,357,145
Other Revenue
6,532,916
4,153,621
Gross Revenue
23,468,798
20,510,766
Operating Expense
8,449,200
7,531,746
Other Expense
7,090,653
5,312,773
Gross Expense
15,539,834
12,844,519
Net Income/(Loss) Before Tax
7,928,964
7,666,247
Income Tax Expense
1,794,924
1,836,298
Net Income/(Loss) After Tax
6,134,040
5,829,949
Net Income/(Loss) Attributable to Parent Equity Holder
5,957,780
5,813,089
Earnings/(Loss) Per Share (Basic)
2.41
2.36
Earnings/(Loss) Per Share (Diluted)
2.41
2.36
Financial Ratios
Formula
Fiscal Year Ended
Previous Fiscal Year
Dec 31, 2015
Dec 31, 2014
Liquidity Analysis Ratios:
Current Ratio or Working Capital Ratio
Current Assets / Current Liabilities
0.8
1.16
Quick Ratio
(Current Assets - Inventory - Prepayments) / Current Liabilities
0.77
1.12
Solvency Ratio
Total Assets / Total Liabilities
1.97
1.88
Financial Leverage Ratios
Debt Ratio
Total Debt/Total Assets
0.85
0.92
Debt-to-Equity Ratio
Total Debt/Total Stockholders' Equity
0.85
0.92
Interest Coverage
Earnings Before Interest and Taxes (EBIT) / Interest Charges
8.01
7.07
Asset to Equity Ratio
Total Assets / Total Stockholders' Equity
2.03
2.13
Profitability Ratios
Gross Profit Margin
Sales - Cost of Goods Sold or Cost of Service / Sales