CR05456-2016

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
10044
3. BIR Tax Identification No.
4300283731000
4. Exact name of issuer as specified in its charter
PHILEX MINING CORPORATION
5. Province, country or other jurisdiction of incorporation or organization
MANILA, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
NO. 27 BRIXTON ST., PASIG CITY Postal Code 1600
8. Issuer's telephone number, including area code
(632) 631-1381 TO 88
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 STOCK 4,940,399,068
AMOUNT OF DEBT OUTSTANDING 9,422,879,513
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.

Philex Mining CorporationPX

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 11,834,650 5,271,457
Total Assets 44,205,138 43,549,024
Current Liabilities 8,554,046 5,714,884
Total Liabilities 18,016,302 16,265,122
Retained
Earnings/(Deficit)
14,805,142 15,496,271
Stockholders' Equity 26,188,836 27,283,902
Stockholders' Equity - Parent 23,693,455 24,562,783
Book Value per Share 5.3 5.52
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 2,189,839 2,243,330 4,368,864 4,398,817
Other Revenue - - - -
Gross Revenue 2,189,839 2,243,330 4,368,864 4,398,817
Operating Expense 1,611,999 1,754,129 3,253,194 3,548,273
Other Expense 63,483 44,754 -25,795 -55,992
Gross Expense 1,675,482 1,798,883 3,227,399 3,492,281
Net Income/(Loss) Before Tax 514,357 444,447 1,141,465 906,536
Income Tax Expense 163,716 141,897 355,418 252,480
Net Income/(Loss) After Tax 350,641 302,550 786,047 654,056
Net Income Attributable to
Parent Equity Holder
352,168 278,433 778,603 606,974
Earnings/(Loss) Per Share
(Basic)
0.07 0.06 0.16 0.12
Earnings/(Loss) Per Share
(Diluted)
0.07 0.06 0.16 0.12
Other Relevant Information

N/A

Filed on behalf by:
Name Danny Yu
Designation Senior Vice President for Finance and CFO