CR03053-2016

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
Mar 31, 2016
2. SEC Identification Number
52412
3. BIR Tax Identification No.
000-156-011
4. Exact name of issuer as specified in its charter
BELLE CORPORATION
5. Province, country or other jurisdiction of incorporation or organization
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
5/F TOWER A, TWO ECOM CENTER, PALM COAST AVENUE, MALL OF ASIA COMPLEX, PASAY CITY Postal Code 1300
8. Issuer's telephone number, including area code
662-8888
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 STOCK 10,518,853,857
DEBT OUTSTANDING (IN THOUSANDS) 6,333,978
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:
THE PHILIPPINE STOCK EXCHANGE
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.

Belle CorporationBEL

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 Mar 31, 2016
Currency (indicate units, if applicable) PHP IN THOUSANDS
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Mar 31, 2016 Dec 31, 2015
Current Assets 12,390,855 12,978,356
Total Assets 43,905,664 43,692,165
Current Liabilities 6,884,719 6,886,015
Total Liabilities 18,814,355 17,619,039
Retained
Earnings/(Deficit)
4,143,985 4,903,882
Stockholders' Equity 25,091,308 26,073,126
Stockholders' Equity - Parent 22,007,495 22,940,596
Book Value per Share 2.38 2.48
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 1,473,487 1,309,724 1,473,487 1,309,724
Other Revenue 21,130 35,070 21,130 35,070
Gross Revenue 1,494,617 1,344,794 1,494,617 1,344,794
Operating Expense 638,787 607,267 638,787 607,267
Other Expense 256,929 218,334 256,929 218,334
Gross Expense 895,716 825,601 895,716 825,601
Net Income/(Loss) Before Tax 598,901 519,193 598,901 519,193
Income Tax Expense 186,084 141,445 186,084 141,445
Net Income/(Loss) After Tax 412,817 377,748 412,817 377,748
Net Income Attributable to
Parent Equity Holder
346,949 357,162 346,949 357,162
Earnings/(Loss) Per Share
(Basic)
0.13 0.13 0.13 0.13
Earnings/(Loss) Per Share
(Diluted)
0.13 0.13 0.13 0.13
Other Relevant Information

NOT APPLICABLE

Filed on behalf by:
Name Elizabeth Tan
Designation Manager-Governance & Corp Affairs/Investor Relations