CR02991-2016

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
CS200411461
3. BIR Tax Identification No.
232-715-069-000
4. Exact name of issuer as specified in its charter
Megawide Construction Corporation
5. Province, country or other jurisdiction of incorporation or organization
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
2/F Spring Bldg. Arnaiz Ave. cor. P. Burgos St., Pasay City, Metro Manila Postal Code 1300
8. Issuer's telephone number, including area code
655-1111
9. Former name or former address, and former fiscal year, if changed since last report
Not applicable
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 2,399,420,199
Preferred 40,000,000
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 and Preferred 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

14,876,405,233.80
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
Not applicable
(b) Any information statement filed pursuant to SRC Rule 20
Not applicable
(c) Any prospectus filed pursuant to SRC Rule 8.1
Not applicable

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.

Megawide Construction CorporationMWIDE

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) Philippine Peso
Balance Sheet
Year Ending Previous Year Ending
Dec 31, 2015 Dec 31, 2014
Current Assets 22,495,456,946 17,128,706,554
Total Assets 48,514,834,211 39,507,476,904
Current Liabilities 12,647,217,338 19,011,486,714
Total Liabilities 31,910,630,827 24,096,887,435
Retained
Earnings/(Deficit)
3,830,642,616 2,837,959,875
Stockholders' Equity 16,604,203,384 15,410,589,469
Stockholders' Equity - Parent 14,372,122,223 13,378,389,345
Book Value per Share 4.35 3.93
Income Statement
Year Ending Previous Year Ending
Dec 31, 2015 Dec 31, 2014
Operating Revenue 15,442,379,752 10,042,288,155
Other Revenue 166,342,158 174,105,246
Gross Revenue 15,608,721,910 10,216,393,401
Operating Expense 13,108,126,750 8,752,518,590
Other Expense 557,086,991 441,344,309
Gross Expense 13,665,213,741 9,193,862,899
Net Income/(Loss) Before Tax 1,943,508,169 1,022,530,502
Income Tax Expense 469,483,345 135,366,631
Net Income/(Loss) After Tax 1,474,024,824 887,163,871
Net Income/(Loss) Attributable to Parent Equity Holder 1,273,682,741 867,587,087
Earnings/(Loss) Per Share (Basic) 0.41 0.35
Earnings/(Loss) Per Share (Diluted) - -
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 1.78 0.9
Quick Ratio (Current Assets - Inventory - Prepayments) / Current Liabilities 1.35 0.67
Solvency Ratio Total Assets / Total Liabilities 0.06 0.05
Financial Leverage Ratios
Debt Ratio Total Debt/Total Assets 0.46 0.5
Debt-to-Equity Ratio Total Debt/Total Stockholders' Equity 1.36 1.29
Interest Coverage Earnings Before Interest and Taxes (EBIT) / Interest Charges 4.63 3.47
Asset to Equity Ratio Total Assets / Total Stockholders' Equity 2.92 2.56
Profitability Ratios
Gross Profit Margin Sales - Cost of Goods Sold or Cost of Service / Sales 21 17
Net Profit Margin Net Profit / Sales 10 9
Return on Assets Net Income / Total Assets 0.03 0.03
Return on Equity Net Income / Total Stockholders' Equity 0.09 0.07
Price/Earnings Ratio Price Per Share / Earnings Per Common Share 0.07 0.04
Other Relevant Information

None

Filed on behalf by:
Name Joyce Briones
Designation Assistant Corporate Secretary, Compliance Officer and Corporate Information Officer