(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 43.4 billion
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
Globe's Annual and Sustainability report is attached as an Annex to the 17A
(b) Any information statement filed pursuant to SRC Rule 20
20-IS for 2017 Globe ASM to be held on April 18, 2017
(c) Any prospectus filed pursuant to SRC Rule 8.1
n/a
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 17-1 - 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, 2016
Currency (indicate units, if applicable)
Php thousands
Balance Sheet
Year Ending
Previous Year Ending
Dec 31, 2016
Dec 31, 2015
Current Assets
53,022,654
47,072,703
Total Assets
249,863,110
195,679,751
Current Liabilities
82,401,897
65,530,164
Total Liabilities
186,386,808
136,281,969
Retained Earnings/(Deficit)
19,422,402
15,778,557
Stockholders' Equity
63,476,302
59,397,782
Stockholders' Equity - Parent
63,439,766
59,392,028
Book Value per Share
397.3
366.62
Income Statement
Year Ending
Previous Year Ending
Dec 31, 2016
Dec 31, 2015
Operating Revenue
119,989,546
113,679,226
Other Revenue
6,193,657
6,289,968
Gross Revenue
126,183,203
119,969,194
Operating Expense
105,481,808
99,208,738
Other Expense
-1,236,007
-2,707,032
Gross Expense
104,245,801
96,501,706
Net Income/(Loss) Before Tax
21,937,402
23,467,488
Income Tax Expense
6,048,903
6,983,038
Net Income/(Loss) After Tax
15,888,499
16,484,450
Net Income/(Loss) Attributable to Parent Equity Holder
15,878,415
16,496,644
Earnings/(Loss) Per Share (Basic)
115.45
120.11
Earnings/(Loss) Per Share (Diluted)
115.27
119.92
Financial Ratios
Formula
Fiscal Year Ended
Previous Fiscal Year
Dec 31, 2016
Dec 31, 2015
Liquidity Analysis Ratios:
Current Ratio or Working Capital Ratio
Current Assets / Current Liabilities
0.64
0.72
Quick Ratio
(Current Assets - Inventory - Prepayments) / Current Liabilities
0.59
0.65
Solvency Ratio
Total Assets / Total Liabilities
1.34
1.44
Financial Leverage Ratios
Debt Ratio
Total Debt/Total Assets
0.42
0.36
Debt-to-Equity Ratio
Total Debt/Total Stockholders' Equity
1.67
1.22
Interest Coverage
Earnings Before Interest and Taxes (EBIT) / Interest Charges
12.5
12.24
Asset to Equity Ratio
Total Assets / Total Stockholders' Equity
3.94
3.29
Profitability Ratios
Gross Profit Margin
Sales - Cost of Goods Sold or Cost of Service / Sales