CR02313-2014

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-A, AS AMENDED

ANNUAL REPORT PURSUANT TO SECTION 17
OF THE SECURITIES REGULATION CODE AND SECTION 141
OF THE CORPORATION CODE OF THE PHILIPPINES

1. For the fiscal year ended
Dec 31, 2013
2. SEC Identification Number
ASO-94-007160
3. BIR Tax Identification No.
126-004-450-721
4. Exact name of issuer as specified in its charter
ARTHALAND CORPORATION (ALCO)
5. Province, country or other jurisdiction of incorporation or organization
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
8/F Picadilly Star Building, 4th Avenue corner 27th Street, Bonifacio Global City, Taguig City Postal Code 1634
8. Issuer's telephone number, including area code
(+632) 403-6910/403-6915
9. Former name or former address, and former fiscal year, if changed since last report
Not Applicable
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 5,318,095,199
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 - Only 3,696,865,199 Common Shares are listed at present
12. Check whether the issuer:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17.1 thereunder or Section 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

13. State the aggregate market value of the voting stock held by non-affiliates of the registrant. The aggregate market value shall be computed by reference to the price at which the stock was sold, or the average bid and asked prices of such stock, as of a specified date within sixty (60) days prior to the date of filing. If a determination as to whether a particular person or entity is an affiliate cannot be made without involving unreasonable effort and expense, the aggregate market value of the common stock held by non-affiliates may be calculated on the basis of assumptions reasonable under the circumstances, provided the assumptions are set forth in this Form

Php 209,075,198.12 (List of Top 10 non-affiliates reflected in the annual report)
APPLICABLE ONLY TO ISSUERS INVOLVED IN INSOLVENCY SUSPENSION OF PAYMENTS PROCEEDINGS DURING THE PRECEDING FIVE YEARS

14. Check whether the issuer has filed all documents and reports required to be filed by Section 17 of the Code subsequent to the distribution of securities under a plan confirmed by a court or the Commission.

Yes
No
DOCUMENTS INCORPORATED BY REFERENCE
15. If any of the following documents are incorporated by reference, briefly describe them and identify the part of SEC Form 17-A into which the document is incorporated:
(a) Any annual report to security holders
Audited Financial Statements for the period ended as of 31 December 2013 - Annex
(b) Any information statement filed pursuant to SRC Rule 20
None
(c) Any prospectus filed pursuant to SRC Rule 8.1
None

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.

Arthaland CorporationALCO

PSE Disclosure Form 17-1 - Annual Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the fiscal year ended Dec 31, 2013
Currency (indicate units, if applicable) PHP
Balance Sheet
Year Ending Previous Year Ending
Dec 31, 2013 Dec 31, 2012
Current Assets 3,557,188,941 2,866,302,342
Total Assets 4,354,320,624 3,639,911,260
Current Liabilities 1,825,746,502 1,776,012,111
Total Liabilities 2,790,649,469 2,314,657,263
Retained
Earnings/(Deficit)
656,252,442 437,049,725
Stockholders' Equity 1,563,671,155 1,325,253,997
Stockholders' Equity - Parent 1,422,743,819 1,089,300,777
Book Value per Share 0.2940 0.2492
Income Statement
Year Ending Previous Year Ending
Dec 31, 2013 Dec 31, 2012
Operating Revenue 791,173,435 285,461,253
Other Revenue 18,342,033 413,027,859
Gross Revenue 809,515,468 698,489,112
Operating Expense 368,607,053 303,879,116
Other Expense 78,299,685 71,275,593
Gross Expense 446,906,738 375,154,709
Net Income/(Loss) Before Tax 362,608,730 323,334,403
Income Tax Expense 79,588,871 57,340,446
Net Income/(Loss) After Tax 283,019,859 265,993,957
Net Income/(Loss) Attributable to Parent Equity Holder 378,045,743 422,419,693
Earnings/(Loss) Per Share (Basic) 0.0532 0.0500
Earnings/(Loss) Per Share (Diluted) 0.0532 0.0500
Financial Ratios
Formula Fiscal Year Ended Previous Fiscal Year
Dec 31, 2013 Dec 31, 2012
Liquidity Analysis Ratios:
Current Ratio or
Working Capital Ratio
Current Assets / Current Liabilities 1.95 1.61
Quick Ratio (Current Assets - Inventory - Prepayments) / Current Liabilities 1.19 0.74
Solvency Ratio Total Assets / Total Liabilities 1.56 1.57
Financial Leverage Ratios
Debt Ratio Total Debt/Total Assets 0.64 0.64
Debt-to-Equity Ratio Total Debt/Total Stockholders' Equity 1.78 1.75
Interest Coverage Earnings Before Interest and Taxes (EBIT) / Interest Charges 5.63 5.54
Asset to Equity Ratio Total Assets / Total Stockholders' Equity 2.78 2.75
Profitability Ratios
Gross Profit Margin Sales - Cost of Goods Sold or Cost of Service / Sales 0.34 0.2
Net Profit Margin Net Profit / Sales 0.12 0.18
Return on Assets Net Income / Total Assets 0.06 0.07
Return on Equity Net Income / Total Stockholders' Equity 0.18 0.2
Price/Earnings Ratio Price Per Share / Earnings Per Common Share 3.63 3.56
Other Relevant Information

Operating Revenue consist of Revenue from Real Estate Sales amounting to Php 2,332,118,300 and Php 1,453,263,809 less Cost of Real Estate Sold amounting to Php 1,540,944,865 and Php 1,167,802,556 for 2013 and 2012 respectively.

Filed on behalf by:
Name RIVA KHRISTINE MAALA
Designation Vice President/Department Head