CR07073-2016

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
Sep 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 132,758,588
Total debt (in Php millions) 90,723
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:
Common shares (GLO), Voting Preferred shares (GLOPA), Non-Voting Preferred Shares (GLOPP), all listed on 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.

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 Sep 30, 2016
Currency (indicate units, if applicable) Php '000
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Sep 30, 2016 Dec 31, 2015
Current Assets 47,497,209 47,072,703
Total Assets 239,354,062 195,679,751
Current Liabilities 90,442,247 65,530,164
Total Liabilities 177,130,356 136,281,969
Retained
Earnings/(Deficit)
18,475,380 15,778,557
Stockholders' Equity 62,223,706 59,397,782
Stockholders' Equity - Parent 62,220,932 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 29,518,697 29,526,074 89,088,011 83,355,758
Other Revenue 1,326,978 1,325,121 4,665,973 4,685,243
Gross Revenue 30,845,675 30,851,195 93,753,984 88,041,001
Operating Expense 24,975,868 24,447,670 73,988,372 68,229,930
Other Expense 1,566,772 -872,699 2,675,762 20,205
Gross Expense 26,542,640 23,574,971 76,664,134 68,250,135
Net Income/(Loss) Before Tax 4,303,035 7,276,224 17,089,850 19,790,866
Income Tax Expense 1,561,236 1,842,432 5,373,697 5,647,265
Net Income/(Loss) After Tax 2,741,799 5,433,792 11,716,153 14,143,601
Net Income Attributable to
Parent Equity Holder
2,762,258 5,438,335 11,718,647 14,150,585
Earnings/(Loss) Per Share
(Basic)
19.78 39.98 85.11 103.49
Earnings/(Loss) Per Share
(Diluted)
19.76 39.85 85.03 103.29
Other Relevant Information

Please refer to attached

Filed on behalf by:
Name Jose Mari Fajardo
Designation Director