CR05734-2016

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
31171
3. BIR Tax Identification No.
000-168-801
4. Exact name of issuer as specified in its charter
PETRON CORPORATION
5. Province, country or other jurisdiction of incorporation or organization
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
San Miguel Head Office Complex, 40 San Miguel Avenue, Mandaluyong City Postal Code 1550
8. Issuer's telephone number, including area code
(63 2) 886-3888, 884-9200
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 (PCOR) 9,375,104,497
PREFERRED SERIES 2A (PRF2A) 7,122,320
PREFERRED SERIES 2B (PRF2B) 2,877,680
TOTAL DEBT AS OF JUNE 30, 2016 (IN MILLIONS) 210,349
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. 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.

Petron CorporationPCOR

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) Peso (In Millions)
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2016 Dec 31, 2015
Current Assets 119,851 115,725
Total Assets 297,247 294,267
Current Liabilities 127,738 126,579
Total Liabilities 210,349 211,167
Retained
Earnings/(Deficit)
43,621 41,712
Stockholders' Equity 86,898 83,100
Stockholders' Equity - Parent 85,562 82,629
Book Value per Share 8.05 7.7
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 85,006 99,307 161,863 186,051
Other Revenue 167 186 332 445
Gross Revenue 85,173 99,493 162,195 186,496
Operating Expense 76,194 90,146 144,109 171,133
Other Expense 4,997 4,888 10,614 10,609
Gross Expense 81,191 95,034 154,723 181,742
Net Income/(Loss) Before Tax 3,982 4,459 7,472 4,754
Income Tax Expense 1,461 1,308 2,193 1,346
Net Income/(Loss) After Tax 2,521 3,151 5,279 3,408
Net Income Attributable to
Parent Equity Holder
2,350 2,936 5,075 3,013
Earnings/(Loss) Per Share
(Basic)
0.13 0.2 0.3 0.1
Earnings/(Loss) Per Share
(Diluted)
- - - -
Other Relevant Information

Please see attached Quarterly Report (SEC Form 17-Q) for the 2nd Quarter of 2016 of the Company filed with the Securities and Exchange Commission on August 15, 2016.

Filed on behalf by:
Name Jhoanna Jasmine Javier-Elacio
Designation Legal Manager and Assistant Corporate Secretary