CR03755-2016

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
80118
3. BIR Tax Identification No.
000480869
4. Exact name of issuer as specified in its charter
NATIONAL REINSURANCE CORPORATION OF THE PHILIPPINES
5. Province, country or other jurisdiction of incorporation or organization
Metro Manila, Philippine
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
31st Floor, Ayala Life-FGU Center, 6811 Ayala Avenue, Makati City Postal Code 1227
8. Issuer's telephone number, including area code
(632) 988-7400
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
COMMON SHARES 2,123,605,600
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
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.

National Reinsurance Corporation of the PhilippinesNRCP

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
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Mar 31, 2016 Dec 31, 2015
Current Assets 7,602,172,330 7,260,576,939
Total Assets 13,583,190,693 13,438,795,282
Current Liabilities 2,820,830,787 2,777,193,890
Total Liabilities 8,516,712,931 8,531,556,866
Retained
Earnings/(Deficit)
-56,184,866 -64,402,298
Stockholders' Equity 5,066,477,762 4,907,238,416
Stockholders' Equity - Parent - -
Book Value per Share 2.39 2.31
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 303,800,654 197,515,908 303,800,654 197,515,908
Other Revenue 38,355,398 111,423,265 38,355,398 111,423,265
Gross Revenue 342,156,052 308,939,173 342,156,052 308,939,173
Operating Expense 261,987,021 150,521,918 261,987,021 150,521,918
Other Expense 60,202,337 57,927,382 60,202,337 57,927,382
Gross Expense 322,189,358 208,449,300 322,189,358 208,449,300
Net Income/(Loss) Before Tax 19,966,694 100,489,873 19,966,694 100,489,873
Income Tax Expense 11,749,262 12,255,888 11,749,262 12,255,888
Net Income/(Loss) After Tax 8,217,432 88,233,985 8,217,432 88,233,985
Net Income Attributable to
Parent Equity Holder
- - - -
Earnings/(Loss) Per Share
(Basic)
0 0.04 0 0.04
Earnings/(Loss) Per Share
(Diluted)
- - - -
Other Relevant Information

Please refer to the attached SEC Form 17Q

Filed on behalf by:
Name Regina Ramos
Designation Vice President and Head of Compliance