CR02818-2016

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-A, AS AMENDED

ANNUAL REPORT PURSUANT TO SECTION 17
OF THE SECURITIES REGULATION CODE AND SECTION 141
OF THE CORPORATION CODE OF THE PHILIPPINES

1. For the fiscal year ended
Dec 31, 2015
2. SEC Identification Number
1803
3. BIR Tax Identification No.
000406761000
4. Exact name of issuer as specified in its charter
ABS-CBN Corporation
5. Province, country or other jurisdiction of incorporation or organization
Quezon City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
ELJ Communications Center, Eugenio Lopez Street, Quezon City Postal Code 1103
8. Issuer's telephone number, including area code
(632)924-4101
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 Stocks 872,123,642
Preferred Stocks 1,000,000,000
Debt Outstanding 20,530,313,000
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:
Philippine Stock Exchange 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

December 31, 2015 - Php21.57B
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
Part II - Operational and Financial Information
(b) Any information statement filed pursuant to SRC Rule 20
Part II - Operational and Financial Information
(c) Any prospectus filed pursuant to SRC Rule 8.1
Yes - Fixed Income Securities

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.

ABS-CBN CorporationABS

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 in thousands
Balance Sheet
Year Ending Previous Year Ending
Dec 31, 2015 Dec 31, 2014
Current Assets 30,238,188 28,808,192
Total Assets 70,424,104 67,236,820
Current Liabilities 16,121,763 13,915,190
Total Liabilities 41,708,778 40,361,922
Retained
Earnings/(Deficit)
23,922,847 21,363,395
Stockholders' Equity 28,715,326 26,874,828
Stockholders' Equity - Parent 27,811,501 25,387,330
Book Value per Share 31.89 29.11
Income Statement
Year Ending Previous Year Ending
Dec 31, 2015 Dec 31, 2014
Operating Revenue 38,278,115 33,543,628
Other Revenue 426,066 806,320
Gross Revenue 38,704,181 34,349,948
Operating Expense 34,658,758 30,369,080
Other Expense 689,047 1,193,734
Gross Expense 35,347,805 31,562,814
Net Income/(Loss) Before Tax 3,329,376 2,787,134
Income Tax Expense 784,242 756,998
Net Income/(Loss) After Tax 2,545,134 2,030,136
Net Income/(Loss) Attributable to Parent Equity Holder 2,931,777 2,387,085
Earnings/(Loss) Per Share (Basic) 3.56 2.86
Earnings/(Loss) Per Share (Diluted) 3.56 2.86
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 1.88 2.08
Quick Ratio (Current Assets - Inventory - Prepayments) / Current Liabilities 1.77 1.72
Solvency Ratio Total Assets / Total Liabilities 1.69 1.67
Financial Leverage Ratios
Debt Ratio Total Debt/Total Assets 0.29 0.3
Debt-to-Equity Ratio Total Debt/Total Stockholders' Equity 0.71 0.76
Interest Coverage Earnings Before Interest and Taxes (EBIT) / Interest Charges 5.2 4.47
Asset to Equity Ratio Total Assets / Total Stockholders' Equity 2.45 2.5
Profitability Ratios
Gross Profit Margin Sales - Cost of Goods Sold or Cost of Service / Sales 0.4 0.4
Net Profit Margin Net Profit / Sales 0.06 0.06
Return on Assets Net Income / Total Assets 0.04 0.03
Return on Equity Net Income / Total Stockholders' Equity 0.09 0.08
Price/Earnings Ratio Price Per Share / Earnings Per Common Share 17.39 16.26
Other Relevant Information

None

Filed on behalf by:
Name Ricardo Tan, Jr.
Designation Corporate Treasurer, Corporate Information Officer and Compliance Head