CR05284-2016

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
Jun 30, 2016
2. SEC Identification Number
1177
3. BIR Tax Identification No.
000-768-480-000
4. Exact name of issuer as specified in its charter
Globe Telecom, Inc.
5. Province, country or other jurisdiction of incorporation or organization
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
27F, The Globe Tower, 32nd street corner 7th Avenue, Bonifacio Global City, Taguig Postal Code 1634
8. Issuer's telephone number, including area code
(02) 797 2000
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 132,758,388
Total debt (in Php millions) 88,136
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 (PSE) - Common, voting preferred, non-voting preferred
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.

Globe Telecom, Inc.GLO

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 Jun 30, 2016
Currency (indicate units, if applicable) Php '000
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2016 Dec 31, 2015
Current Assets 47,136,316 47,072,703
Total Assets 234,977,863 195,679,751
Current Liabilities 96,300,303 65,530,164
Total Liabilities 172,610,262 136,281,969
Retained
Earnings/(Deficit)
18,633,811 15,778,557
Stockholders' Equity 62,367,601 59,397,782
Stockholders' Equity - Parent 62,344,511 59,392,028
Book Value per Share 388.95 366.62
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 29,702,278 27,609,954 59,569,314 53,829,684
Other Revenue 1,659,693 1,533,918 3,338,996 3,360,122
Gross Revenue 31,361,971 29,143,872 62,908,310 57,189,806
Operating Expense 24,142,953 22,284,544 49,012,505 43,782,260
Other Expense 706,873 391,873 1,108,990 892,902
Gross Expense 24,849,826 22,676,417 50,121,495 44,675,162
Net Income/(Loss) Before Tax 6,512,145 6,467,455 12,786,815 12,514,644
Income Tax Expense 1,872,444 1,960,876 3,812,461 3,804,832
Net Income/(Loss) After Tax 4,639,701 4,506,579 8,974,354 8,709,812
Net Income Attributable to
Parent Equity Holder
4,616,111 4,507,651 8,956,389 8,712,253
Earnings/(Loss) Per Share
(Basic)
33.73 32.44 65.34 63.51
Earnings/(Loss) Per Share
(Diluted)
33.67 32.39 65.28 63.44
Other Relevant Information

n/a

Filed on behalf by:
Name Jose Mari Fajardo
Designation Director